Byyomide Otitoju FCMB Group has reported a significant 68.1 per cent increase in profit for the first half of the year, reaching N59.5 billion, up from N35.4 billion in the same period last year. This impressive growth was disclosed in the group’s quarterly report and financial statements for the period ended June 30, filed with…
By Ayomide Otitoju On Friday, the Nigerian National Petroleum Company Limited (NNPCL) announced a significant recruitment drive for various positions across multiple departments within the energy company. The recruitment marks the first since NNPC’s full transition into a limited company in 2022. In a statement published on the company’s website, Soneye, a representative of NNPCL,…
By Ayomide Otitoju The President-General of Ohanaeze Ndigbo Worldwide, Chief Emmanuel Iwuanyanwu, has passed away at the age of 82. An accomplished businessman and notable politician, Chief Iwuanyanwu’s death has elicited widespread condolences and tributes from across the nation. President Bola Tinubu, through his Special Adviser Chief Ajuri Ngelale, expressed his condolences to the Imo…
In a statement signed by Director of Public Relations and Strategic Communications, Peter Afunaya, the Department of State Services (DSS) warned of a sinister plan by certain elements to infiltrate an upcoming protest and incite chaos and extreme violence. The DSS emphasized that while peaceful protest is a democratic right, it has uncovered a political…
Former Minister of Education Oby Ezekwesili has endorsed the nationwide protest scheduled for August 1-10, 2024, urging federal and state governments to approach the situation with civility and empathy. In a statement titled “My Position on the Nationwide Protest of our Young Citizens” posted on X on Thursday, Ezekwesili highlighted the severe economic hardships affecting…
By Ayomide Otitoju The Senate has announced plans to summon key figures and organizations, including the Central Bank of Nigeria (CBN), Nigeria Port Authority (NPA), Nigerian National Petroleum Company Limited (NNPCL), Dangote Group, and Minister of State for Petroleum, Heineken Lokpobiri, over alleged economic sabotage in the country’s petroleum industry. The disclosure was made by…
Deputy Speaker of the House of Representatives, Benjamin Kalu, on Wednesday, urged the people of the South-East to refrain from participating in the planned anti-government protests. This appeal follows President Bola Tinubu’s signing of the South East Development Commission (SEDC) bill into law. Kalu emphasized that President Tinubu’s action demonstrates a commitment to addressing past…
The world’s richest 1 per cent have accumulated $42 trillion in new wealth over the past decade, according to a new analysis by Oxfam. This figure is nearly 34 times more than the combined wealth of the entire bottom 50 per cent of the global population. Oxfam, a British-founded confederation of 21 independent non-governmental organisations…
Chief Emmanuel Iwuanyanwu, President General of Ohanaeze Ndigbo, has passed away at the age of 82. The news was confirmed by his son, Jide Iwuanyanwu. In a statement released on Thursday, Jide Iwuanyanwu said, “The Iwuanyanwu family of Umuohii Atta, in Ikeduru Local Government Area of Imo State, announces the demise of our patriarch, Engr…
