Buhari: Atiku, Obi lost presidential poll due to overconfidence, bad tactics
President Muhammadu Buhari says while the All Progressives Congress (APC) was working hard to retain the presidency, opposition parties were basking in the euphoria of “false hope”. Bola Tinubu of the APC defeated Atiku Abubakar, candidate of the Peoples Democratic Party (PDP), and Peter Obi, Labour Party (LP) standard bearer, to win the […]
Fidelity Bank doubles profit before tax, records double-digit growth
Fidelity Bank Plc doubled its profit before tax (PBT) in 2022, according to its audited financial statements released on the Nigerian bourse on Thursday. The PBT of N53.7 billion represents a 112.9 percent annual growth — a feat celebrated by Nneka Onyeali-Ikpe, the bank’s MD/CEO, as a validation of the growth strategy. […]
S’court okays FG’s request to file nine new grounds of appeal against Nnamdi Kanu’s release
The supreme court has granted leave to the federal government to file nine new grounds of appeal against the release of Nnamdi Kanu, leader of the proscribed Indigenous People of Biafra (IPOB). The federal government through its counsel, Tijani Gadzali, applied for leave to include nine new grounds as part of its amended […]
FG: First set of Nigerian evacuees from Sudan expected to arrive on Friday
Abike Dabiri-Erewa, chairperson, Nigerians in Diaspora Commission (NIDCOM), says the first batch of stranded Nigerians in Sudan evacuated by the federal government will arrive in Abuja on Friday. A boeing 777 from Air Peace is expected to depart Lagos by Thursday evening and transport the first batch home, barring any unforeseen circumstances. […]
Malami to reps panel: Claim of ‘illegal’ sale of 48m barrels of oil unfounded
Abubakar Malami, attorney-general of the federation (AGF) and minister of justice, on Thursday, appeared before a house of representatives ad hoc committee investigating the alleged illegal sale of 48 million barrels of crude oil in 2015. TheCable had reported that the committee summoned Malami over the alleged involvement of his office in the […]
FG suspends petrol subsidy removal temporarily
The National Economic Council (NEC), presided over by Vice-President Yemi Osinbajo, has agreed that the removal of petrol subsidy should be suspended temporarily. NEC, however, said all of the preparatory works should continue in consultation with the states and other key stakeholders, including representatives of the incoming administration. The resolution comes just […]
‘It’ll be resolved soon’– FG reacts to viral video of ‘stranded Nigerian students in desert’
Abike Dabiri-Erewa, chairperson of the Nigerians in Diaspora Commission (NiDCOM), has spoken about the viral video of the evacuated students reportedly stranded in a desert. On Wednesday, buses arrived to evacuate Nigerian students amid the ongoing crisis in Sudan. NiDCOM said the buses would take the students to the Egyptian border from where they […]
‘Japa’: Nothing wrong with relocating abroad for opportunities, says Femi Adesina
Femi Adesina, presidential spokesperson, says there is nothing wrong with young Nigerians relocating abroad. There have been growing concerns in recent times over the relocation of youths, especially health workers, to foreign countries. Reacting to the issue in an interview with Channels Television on Thursday, Adesina said the trend — dubbed ‘japa’ […]
NNPC, Norwegian firm sign agreement to build floating gas plant in Nigeria
The Nigerian National Petroleum Company (NNPC) Limited says it has signed a memorandum of understanding (MoU) with Golar Liquefied Natural Gas Energy (GLNG), a Norwegian company, to build a floating LNG plant in Nigeria. The national oil company made this known in a tweet on Wednesday night. NNPC said Mele Kyari, its […]
Atiku to tribunal: Tinubu can’t be president — he holds Guinean citizenship
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), says Bola Tinubu, president-elect, ought not to have contested the election owing to his dual citizenship of Nigeria and Guinea. Atiku made the claim in his response to Tinubu’s preliminary objection filed before the presidential election petition court in Abuja. Shortly after […]