Confirming the suspension in a statement on Thursday, presidential spokesman, Ajuri Ngelale, said the President also suspended three executive directors of the agency. “In the light of new findings unearthed during a comprehensive investigation into the financial activities of the Rural Electrification Agency (REA), President Bola Tinubu has approved the indefinite suspension of the Managing…
The Apex court stayed the execution of the orders of the Court of Appeal made on March 1, 2024 regarding the inspection. The interim stay of execution followed the application for an interim stay made by the legal team of the SDP Candidate, Muritala Ajaka. Moving the application, Counsel to Ajaka, Jibrin Okutepa urged the…
In response to the escalating costs of air travel, Dana Air has introduced an array of additional rewards for its frequent flier club members. This initiative aims to express gratitude to loyal customers and ensure that they continue to enjoy seamless travel experiences despite the current challenges in the industry. Speaking on the new initiative…
The Chairman, Federal Inland Revenue Service (FIRS)/Joint Tax board (JTB), Dr. Zacch Adedeji, yesterday, said the country was yet to take full advantage of its growth potential despite being Africa’s biggest economy with a GDP size of $472.62 billion. He said the growth and population advantage of about 220 million had not translated to a…
In bid to support small businesses, Access Bank Plc has launched “YouThrive”, an initiative, which targets to empower 700,000 MSMEs in the country through a 50 billion loan. Deputy Managing Director, Access Bank, Victor Etuokwu, announced this during a press briefing in Lagos. He also revealed that the MSMEs that would benefit from the programme…
Lafarge Africa Plc has announced on the Nigerian Exchange Limited (NGX) a 4.7 per cent decline in profit to N51.14 billion in its audited result and accounts for the full year ended December 31, 2023 from N53.65billion reported in 2022. The cement maker saw its profit dropping by 4.7 per cent over N21.04billion foreign exchange…
Stanbic IBTC Bank, in its ongoing Reward4Saving Promo has rewarded 70 additional customers in the January draw, bringing the total number of beneficiaries to 1,424 since the inception of the promo in 2021. The bank in a statement noted that the Reward4Saving promo is currently in its third season and the promo will run from…
Ending deaths from the disease remains a challenge despite a package of measures that have proven to be inefficient and not adapted to the continent. Mali’s minister of health and social development, Dr. col Assa Badiallo, urged to unite force. “We call on civil society, communities, and private actors to participate even more so that…
Ghana Deputy Finance Minister John Kumah has died at the age of fourty fiveSources close to the family of the 45-year-old lawmaker confirmed the news to private media house TV3 on Thursday, March 7. He is reported to have died in the early hours of Thursday in Germany where he had been receiving medical treatment…
