Zenith Bank Plc has announced the retirement of its Founder and Group Chairman, Jim Ovia, following the expiration of his tenure in line with regulatory guidelines. The bank disclosed this in a corporate disclosure through the Nigerian Exchange Ltd. on Tuesday. The bank said the retirement complied with the corporate governance guidelines of the Central…
An economic expert, Dr Emmanuel Eche, says implementing Nigeria’s deal with Indian company, Rashmi Metaliks Group, to develop its steel sector might face infrastructural bottlenecks including epileptic power supply. Eche, a Senior Lecturer at the Department of Economics, Federal University, Wukari, Taraba, expressed the concern in an interview with the News Agency of Nigeria (NAN)…
Nigeria has taken a step towards digital governance reform with the unveiling of a new official website for the Federal Character Commission (FCC). The unveiling was carried out in Abuja by George Akume, Secretary to the Government of the Federation, who described the development as a strategic milestone in advancing openness and accountability in public…
The Yobe State Executive Council has approved ₦59.8 billion to speed up infrastructure and service delivery projects across the state. Speaking after Monday’s meeting in Damaturu, the Commissioner for Information, Abdullahi Bego, said the funding would support projects spanning roads, healthcare, energy, transport, commerce and sports. The News Agency of Nigeria reports that ₦34.1 billion…
The Nigeria Revenue Service (NRS) has described as false and misleading a viral infographic claiming that a new vehicle tax has been imposed by the government effective July 1. The NRS made this known in a statement by Mr Dare Adekambi, Special Adviser to the NRS chairman, Dr Zach Adedeji, and spokesperson for the service….
Mr Muhammed Dangyadi, the Minister of Labour and Employment, has urged new NUPENG president, Salimon Akanni Oladiti, to sustain achievements of predecessor, Williams Akporeha. Dangyadi gave the charge on Sunday in a goodwill message at the union’s sixth Quadrennial Delegates Conference in Lagos. Represented by TUSIR Director, Mr Falonipe Amos, Director, Trade Union Services and…
Aviation stakeholders have called on the federal and state governments to urgently address the increase in aviation fuel prices to ease the transportation of Nigerian pilgrims for the 2026 Hajj. The stakeholders, under the aegis of Concerned Aviation Stakeholders, said something needs to be done immediately to save the 2026 Hajj operation from severe logistical…
The United Nations Economic Commission for Africa (ECA), has called for an integrated approach to address Africa’s interconnected climate, food, energy and water challenges. The Deputy Executive Secretary for Programme Support at ECA, Mama Keita, in a statement, said this at a high-level dialogue in Addis Ababa. Keita said climate shocks, rising debt pressures and…
Some bank customers in the Federal Capital Territory (FCT) have frowned upon the continuous increase in banks’ services in spite of the challenging economic environment and their outcry. The customers who spoke to the News Agency of Nigeria (NAN) in Abuja on Sunday, described the recent Automated Teller Machine (ATM) card issuance fee increase as…
The Presidential Initiative on Compressed Natural Gas and Electric Vehicles (Pi-CNG & EVs) has signed a Memorandum of Understanding (MoU) with financing partners to ease CNG vehicle conversion financing and cut transport costs. Mr Ismaeel Ahmed, Executive Chairman, Pi-CNG & EV said on Wednesday in Abuja at the official commencement of the strategic partnership that…
