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There are indications that many persons are under pressure in Kano city. Schools and financial institutions have announced closed, anticipating violence after the ruling. Already, private schools in the city have suspended their regular activities for safety reasons following the rising tension and security risk. Although, government has not announced closure of schools on Friday, our reporter received messages sent ...
Press Release
January, 2024
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11 January
BREAKING: S’Court affirms Eno as Akwa Ibom Governor
The Supreme Court has affirmed the election of Umo Eno of the Peoples Democratic Party (PDP) as the validly elected governor of Akwa Ibom State. The apex court dismissed appeals filed by the All Progressives Congress (APC), the Young Progressives Party (YPP), and the New Nigerian Peoples Party (NNPP), each contesting Eno’s eligibility or the conduct of the election. This ...
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11 January
Female banker, 33yr old Amarachi, commits suicide in Lagos
A female marketing employee of Globus bank Ikorodu, Lagos State, has committed suicide. The deceased, 32-year-old Amarachi Ugochukwu, was said to have drunk an insecticide. The incident happened on Monday within the premises of the bank. Ugochukwu had around 1pm made her way into the restroom, where she drank the insecticide, unknown to her colleagues. Other members of staff had ...
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11 January
The seamy side of Funke Akindele’s ‘A tribe called Judah’
The other side of A tribe called Judah.With a gross earnings box office of over a billion naira since it’s debut over two weeks ago, the block buster , a tribe called Judah, from the stable of Funke Akindele remains the most watched movie in the history of Nollywood. A purely entertainment adventure without any didactic value exposes the grotesque ...
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11 January
Tony Elumelu shares 6 success tips with his managers
On Sunday, Heirs Holdings Founder and Group Chairman, Tony Elumelu, had an interactive session with Group Executives across Heirs Holdings and UBA Group to commend the team on the successes achieved in 2023 and set the agenda for 2024. Here are the 6 points he shared with leaders across our Groups to adopt for success: Vision Alignment: Know your vision ...
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11 January
BREAKING: CBN appoints new EDs for Union, Keystone, Polaris banks..see list
A few hours after dissolving the board of directors governing Polaris, Union, and Keystone banks, the Central Bank of Nigeria has appointed new executive directors to oversee the affairs of the deposit money banks. The apex bank, in a statement signed by the acting Director of Corporate Communications, Sidi Hakama, released on Thursday morning, said the appointment takes immediate effect. ...
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11 January
Naira plunges to 1082/$
The naira has lost 26.36 per cent of its value against the dollar at the official Investor and Exporter window of the foreign exchange market. On Monday, the naira closed trading at N856.57/$. Since then, the naira has traded above N1000 against the dollar and fell by 26.36 per cent to close at N1082.32/$ on Wednesday, according to data from ...
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11 January
5 Hope for Naira value in 2024
This steep depreciation of the naira against the dollar is also in the face of renewed efforts to boost liquidity in the foreign exchange market. The volatility of the naira is because of inadequate foreign exchange supply. Reserves are low and declining, the CBN is known to be in arrears on some of its obligations. It has started clearing its ...
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11 January
Atiku’s spokesman meets, hails Tinubu, set to join APC
The rumour mill is agog !.. and indications are becoming clearer that presidential campaign spokesperson for Atiku Abubakar during the 2023 elections, Daniel Bwala, may join Tinubu’s government sooner than expected. On Wednesday, he met with President Bola Tinubu at the Aso Rock Villa in Abuja. In a chat with State House correspondents after closed-door talks, he declared his availability ...
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10 January
CBN dissolves Union, Keystone, Polaris banks’ boards …their sins
The Central Bank of Nigeria (CBN) has sacked the boards of Union Bank, Polaris Bank, Keystone Bank and Titan Trust Bank. The boards of directors and chief executives of the banks were invited to a meeting on Wednesday, January 10 where they were addressed for 30 minutes each by the apex bank’s Deputy Governor in charge of Financial System Stability, ...
