Former President Olusegun Obasanjo has cautioned that democracy is dying in Africa, stressing that its decline stems from an alignment with African values and realities. Obasanjo’s concern was echoed somewhat by the former secretary general of the Commonwealth of Nations, Chief Emeka Anyaoku, who warned that military incursion in governance especially in sub Saharan Africa…
First Bank of Nigeria Ltd. on Monday innaugurated its fifth Digital Xperience Centre in Lekki, Lagos, to address the growing demand for convenient and accessible banking services. The Managing Director of First Bank, Mr Olusegun Alebiosu, at the event, said the branch would provide convenient access to banking services and facilities 24 hours daily. Alebiosu…
Independent National Electoral Commission (INEC) has urged the Federal Government to honour the late former Chairman of the defunct National Electoral Commission (NEC), Prof. Humphrey Nwosu, who conducted the annulled June 12, 1993 elections. INEC Chairman, Prof. Mahmood Yakubu, while speaking at a programme organised by the commission in honour of Nwosu, said it was…
The Benue State Government says there is no reason for people to call for the declaration of emergency rule in the state. Mr Tersoo Kula, the Chief Press Secretary to Gov. Hyacinth Alia, said this in a statement, on Monday in Makurdi. Kula, who was reacting to the press briefing by the Centre for Judicial…
Air Peace has announced a 15 per cent discount on economy class tickets for students travelling from Lagos to London for higher education abroad. The airline’s Head of Corporate Communications, Dr Ejike Ndiulo, confirmed this in a statement on Monday in Lagos. Ndiulo stated that the discount aims to help students travel at reduced fares,…
The stock market opened the week on a positive note, with investors gaining N369 billion and performance indices rising by 0.56 per cent on Monday. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation increased by 0.56 per cent to N66.188 trillion from an opening of N65.819 trillion recorded on Friday. The All-Share Index also rose…
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has raised alarms about potential risks linked to the Naira-for-crude oil policy. The association warned that the policy could jeopardise Nigeria’s foreign exchange stability and discourage Foreign Direct Investment (FDI) inflows. Olufemi Adewole, Executive Secretary of DAPPMAN, expressed these concerns in a statement issued on…
The Joint Admissions and Matriculation Board (JAMB) has rescheduled the date for the 2025 Mock UTME from April 5 to April 10, 2025. Originally set for Saturday, April 5, 2025, the Mock UTME will now take place on Thursday, April 10, 2025 while the main UTME would start from 25th April, 2025. The board said…
A de facto ceasefire between Congolese forces and Rwandan-backed M23 rebels in the eastern town of Walikale collapsed on Monday, with the rebels retracting their pledge to withdraw. The rebels accused the army of failing to honour its commitments. The ceasefire had briefly raised hopes for renewed diplomatic efforts to resolve the ongoing conflict in…
A Chief Magistrate Court sitting in Calabar has remanded one Insp Effiong Bassey, in a correctional facility for shooting dead a retired police officer’s wife and injuring two others. Bassey was ordered to be remanded by Chief Magistrate Mercy Ene led court during his arraignment on Monday. The Insp was remanded following an exparte motion…
