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₦23bn Disbursed to Manufacturers Under FG’s Intervention Fund

The Bank of Industry (BOI) has disbursed ₦22.89 billion to 29 manufacturing companies under the Federal Government’s ₦75 billion Manufacturing Sector Intervention Fund. BOI Managing Director Olasupo Olusi disclosed this during an interactive session with members of the Organised Private Sector in Abuja. Olusi revealed that an additional 20 projects, worth ₦6.3 billion, are at […]

Ex-Governor Bello Remanded in Kuje as Court Sets January Trial Date

Justice Maryanne Anenih of the Federal Capital Territory (FCT) High Court has ordered the remand of former Kogi State Governor, Mr Yahaya Bello, at Kuje Correctional Centre in Abuja. This follows the court’s decision to decline Bello’s bail application, which it deemed premature. The judge issued the order shortly after refusing the bail application on […]

Assad Deposed: Rebel Victory Reshapes Syria’s Political Landscape

Damascus erupted in celebration yesterday as opposition forces ousted President Bashar al-Assad, bringing an end to five decades of autocratic rule by the Assad family. However, the dramatic turn of events has left Syria facing an uncertain future. Assad, along with his family and close allies, fled Syria after stepping down under an agreement brokered […]

Mahama Secures Comeback Victory in Ghana’s Historic Election

Former Ghanaian President John Dramani Mahama has made a triumphant return to power, securing victory in the country’s presidential election. Mahama, representing the opposition National Democratic Congress (NDC), was congratulated by his rival, Vice President Mahamudu Bawumia, even before the Electoral Commission officially declared the results. This historic election has been widely praised as one […]

Obasanjo: Corruption Battle Must Start With Leadership Accountability

Former Nigerian President, Chief Olusegun Obasanjo, has stressed that the fight against corruption can only succeed if accountability begins with the highest levels of government. Speaking during a virtual interactive session titled “Boiling Point Arena”, hosted by a private radio station in Abeokuta, Ogun State, Obasanjo highlighted the critical role of leadership in tackling corruption. […]

Tinubu Names New Heads for Key Educational and Development Agencies

President Bola Tinubu has announced the appointment of new chief executive officers for the National Universities Commission (NUC), the Nigerian Educational Research and Development Council (NERDC), and the New Partnership for Africa’s Development (NEPAD). In a statement released on Friday, presidential spokesman Bayo Onanuga disclosed the appointments, highlighting the president’s confidence in the appointees’ capabilities. […]

Afe Babalola Dares Farotimi: Back Your Claims or Face the Law

The founder of Afe Babalola University, Ado-Ekiti (ABUAD), Aare Afe Babalola, has challenged human rights activist Dele Farotimi to substantiate the allegations he made against him. Farotimi, who was recently remanded by an Ekiti Magistrate Court, had accused Babalola of corrupting Nigeria’s judicial system in a book he authored. Speaking to journalists in Ado-Ekiti, Babalola, […]

South-South Senators Rally Support for Tax Reform Bills in National Assembly

Senators from Nigeria’s South-South geopolitical zone have declared their support for the Tax Reform Bills submitted to the National Assembly by President Bola Ahmed Tinubu. Under the umbrella of the South-South Senators’ Forum, the lawmakers emphasised the importance of the bills in boosting national revenue and stabilising the economy. The proposed legislation includes: Joint Revenue […]

Senate Criticises Power Sector Privatisation, Calls for Policy Overhaul

The Senate has criticised the privatisation of Nigeria’s power sector, describing it as a failure and threatening to take legislative measures to reverse the policy. This resolution was reached during Thursday’s plenary following the submission of a report by Senator Eyinnaya Abaribe, Chairman of the Senate Committee on Power. The report highlighted the inefficiencies of […]

Zenith Bank Launches Paris Branch, Expanding Global Reach

  Zenith Bank Plc has expanded its international footprint with the commissioning of its Paris branch, Zenith Bank (UK), Paris. The milestone event was held on Wednesday, 27 November 2024, at 21 Rue de la Paix, Paris, France. The Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, officially inaugurated the branch, […]

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