The holding company of First Bank of Nigeria, FBN Holdings Plc, has said it has not received any notification of acquisition from the former CEO of Forte Oil, Femi Otedola. In a statement sent to the Nigerian Exchange Limited, the Company Secretary, Seyi Kosoko, responded to the reports that Otedola had allegedly acquired 5 per…
The President, Major General Muhammadu Buhari (retd.), will formally unveil the Nigerian Central Bank Digital Currency, known as the eNaira, on Monday, at the State House, Abuja. The Director, Corporate Communications, CBN, Osita Nwanisobi, said this in a statement on Saturday titled ‘President Buhari to unveil eNaira on Monday, 25 October 2021.’ It stated that…
Barbados has elected its first-ever president to replace the United Kingdom’s Queen Elizabeth as head of state in a decisive step towards shedding the Caribbean island’s colonial past. Sandra Mason was elected late on Wednesday by a two-thirds vote of a joint session of the country’s House of Assembly and Senate, a milestone, the government…
One of the world’s last two northern white rhinos is being retired from a breeding programme aimed at saving the species from extinction, scientists have said. Najin, 32, is the mother of Fatu who is now the only donor left in the programme, which aims to implant artificially developed embryos into another more abundant species…
Former President Donald Trump’s media company is proving a hit with day traders. Shares of Digital World Acquisition Corp. have skyrocketed 1,225% since an announcement that the blank-check company will merge with Trump Media & Technology Group. The stock nearly tripled to $131.90 when the U.S. stock market opened Friday morning before triggering a halt…
Bosnia’s Serb police have held an “anti-terrorist” drill just outside the capital Sarajevo in a move seen by many as another provocation by the Serb separatist leadership. The exercise on Friday was held in the ski resort at Mt Jahorina, the general area from where the Bosnian Serb military relentlessly shelled and sniped Sarajevo throughout…
•‘By December, My Govt Would’ve Completed 15 Housing Projects in Two Years’ – Governor Trust Africa News, By Ayomide Otitoju Nigeria is ripe for an inclusive rental system that will reduce the housing burden on working families. This position was canvassed by Lagos State Governor, Mr. Babajide Sanwo-Olu, at the just-concluded 10th meeting of the…
•Calls For Huge Investment In The State Trust Africa News, By Ayomide Otitoju Ondo State Governor, Arakunrin Oluwarotimi Akeredolu, SAN, on Thursday called on potential investors across the globe to come and invest in the Sunshine state. Governor Akeredolu noted that his administration has deepened the ease of doing business in the state. The Governor…
…says current reality necessitates a more equitable sharing plan Trust Africa News, By Ayomide Otitoju Kogi State Governor, Yahaya Bello has opined that the discuss for the comprehensive review of Revenue Allocation formula (RAF) was overdue and that Federal government must now consider relinquishing portions of her share to the other 2 tiers He noted…
