Edo State Deputy Governor, Engr. Godwins Omobayo, welcomed over 500 defectors from the opposition All Progressives Congress (APC) and the Labour Party (LP) in his Akoko-Edo local government area, bolstering the prospects of the Peoples Democratic Party (PDP) and its governorship candidate, Asue Ighodalo, ahead of the September 21st governorship election. During the reception of…
While addressing the audience during the opening session of a three-day summit organized by the Manufacturers Association of Nigeria (MAN) at the Banquet Hall of the State House, Abuja, on Tuesday, Aliko Dangote expressed concerns over the high interest rates, stating that businesses cannot cope with the current rate. In May, following a two-day meeting,…
Kogi State Commissioner for Health, Abdulazeez Adeiza, announced on Tuesday that the government has unveiled comprehensive infection prevention tools to ensure a cholera-free environment in the state. Adeiza stated that Kogi State has been fortunate to experience minimal impact from the current cholera outbreak. “One case has already been discharged, and the other is currently…
During a signing ceremony at the Dutse Government House on Tuesday, Governor Umar Namadi announced a new partnership aimed at providing medium and small-scale businesses in Jigawa State with access to soft loans. The event, attended by key stakeholders and dignitaries, underscored the significance of this collaboration in the administration’s efforts to eradicate poverty, create…
By Ayomide Otitoju FirstBank’s 130-year journey is a corporate handbook, its fortunes providing lessons as profound as its challenges. The leadership and choices of leaders offer fascinating chapters, validating the notion that each era is shaped by its leaders. This holds true across the corporate environment, especially for Nigeria’s premier bank. With a diffused ownership…
By Ayomide Otitoju Speaking at a panel session on “Exportation of Local Capacity: Maximising Regional Opportunities” at the ongoing Nigerian Oil and Gas Conference in Abuja, Dr. Azudialu-Obiejesi emphasized the need for projects to be awarded to companies with proven capabilities in order to grow local capacity. He pointed out that while Nigeria possesses the…
In response to an outbreak of severe gastroenteritis causing cholera among 25 cases at Kirikiri Medium Security Prison, the Lagos State Commissioner for Health, Akin Abayomi, announced urgent intervention measures have been successfully implemented. “We were able to supply Kirikiri medium prison with intravenous fluids, infection prevention, and other health consumables. Additionally, the World Health…
NNPC Retail has responded to a video showing customers allegedly being coerced into purchasing lubricants before buying Premium Motor Spirit (PMS), commonly known as petrol. The attendant in the video claimed the directive came from NNPC Retail Management. In a statement issued by NNPC’s Chief Corporate Communications Officer, Olufemi Soneye, the company has launched an…
The capital importation into Nigeria surged to $3,375 million in the first quarter of 2024, representing a 198% increase from the $1,132 million recorded in Q1 2023. According to the latest report, Portfolio Investment led the capital importation categories with $2,075 million, accounting for 61% of the total. Other Investments followed with $1,181 million, making…
