PDP asks international community to impose travel ban on Buhari after May 29
The Peoples Democratic Party (PDP) has asked the international community to impose a travel ban on President Muhammadu Buhari after he leaves office on May 29. Addressing a press conference on Friday in Abuja, Debo Ologunagba, PDP spokesperson, alleged that Buhari undermined democracy by not giving Nigerians free and credible elections. The […]
Otedola sells stake in Transcorp to Tony Elumelu
Femi Otedola, chairman of Geregu Power, has exited his 6.3 percent stake in Transnational Corporation Plc (Transcorp), a diversified conglomerate with investments in the power, hospitality and energy sectors. According to BusinessDay, sources in the know of the development said Otedola sold his shares to Tony Elumelu, group chairman of Transcorp. The […]
PHOTOS: Buhari, Tinubu attend Juma’at prayers in Abuja
President Muhammadu Buhari and Bola Tinubu, president-elect, attended Juma’at prayers at the State House Mosque in Abuja, on Friday. Abdullahi Ganduje, Kano governor, and Femi Gbajabiamila, speaker of the house of representatives, alongside other worshippers were present. Below are pictures. Source: Top Stories
Workers’ Day: FG declares Monday public holiday
The federal government has declared Monday as a public holiday to mark the Workers’ Day celebration. The Workers’ Day is an annual celebration marked on May 1. Rauf Aregbesola, minister of interior, minister of interior, made the announcement on Friday in a statement by Shuaib Belgore, permanent secretary of the ministry. […]
‘We only agreed to expand committee’ — FG backtracks on suspension of petrol subsidy removal
Zainab Ahmed, minister of finance, budget and national planning, says the federal government has no plans of suspending the removal of petrol subsidy. On Thursday, the minister had reportedly said the National Economic Council (NEC) agreed to temporarily suspend the removal of petrol subsidy. However, in a statement on Friday, Ahmed said […]
ICYMI: Tony Elumelu’s HH Capital ups stake in Transcorp to 25.58%
HH Capital Limited, a special purpose vehicle (SPV) owned by Tony Elumelu, the billionaire entrepreneur, has increased its stake in Transnational Corporation Plc (Transcorp) to 25.58 percent. According to a notice filed on the Nigerian Exchange Limited on Thursday, the company purchased additional 9,697,189,984 units of shares, bringing its total holdings in Transcorp […]
US completes $38m Kainji air base upgrade to ‘boost war against terrorism’
The United States says it has completed the $38 million upgrade of Nigeria’s Kainji air force base. In a statement on Friday, the US embassy said the improvement of the base was delivered as part of a larger $500 million US foreign military sale to Nigeria. At the inauguration ceremony of the […]
Lukman sues Adamu, Omisore, asks court to compel them to present APC’s financial report
Salihu Lukman, vice-chairman of the All Progressives Congress (APC) in the north-west, has sued Abdullahi Adamu and Iyiola Omisore, the party’s national chairman and secretary. Lukman is praying the federal high court in Abuja to compel Adamu and Omisore to convene a meeting of the national executive committee (NEC) and present the party’s […]
APC: No decision taken on 10th assembly leadership positions for now
The All Progressives Congress (APC) says it is yet to zone the 10th national assembly leadership positions. The ruling party was reacting to reports of the purported zoning arrangements making rounds on social media. In a statement on Thursday, Felix Morka, spokesperson of the APC, said the information circulated on social media […]
Newspaper Headlines: Governors advise Tinubu against endorsing candidates for n’assembly leadership
Speculations on the leadership positions of the 10th National Assembly dominated the cover pages of Nigerian newspapers. Source: Top Stories