LivingTrust Mortgage Bank Plc recorded a Profit After Tax of N232 million for the period ending March 31. This marks a 0.71 per cent rise from the N230 million profit recorded in the first quarter of 2024. The bank made this announcement in a corporate disclosure filed with the Nigerian Exchange Ltd. on Wednesday. Gross…
Eleven people have been killed in clashes in a Damascus suburb, as armed groups attacked civilians and security forces, Syria’s official SANA news agency reported on Wednesday. Since late Tuesday, armed groups have been firing on civilian and public security vehicles on the roads, while other assailants attacked a checkpoint in Sahnaya city, south of…
The Minister of Defence, Mohammed Badaru, has reaffirmed Nigeria’s commitment to supporting the United Nations (UN) humanitarian efforts in different parts of the country. Badaru made this known during a meeting with the UN Resident and Humanitarian Coordinator, Mr Mohamed Fall in Abuja. The minister emphasised the importance of strengthened coordination, collaboration, and sustainable development…
A Ukrainian drone attack ignited a fire on Wednesday at an industrial site in the Russian city of Murom, about 300 kilometres east of Moscow. According to Russian Telegram news channel Astra, citing local residents; the target was a factory producing ignition devices. However, the governor of the Vladimir region, Aleksandr Avdeyev, said on Telegram…
The operatives of the Economic d Financial Crimes Commission (EFCC), on Wednesday, arrived at the Federal High Court in Abuja with the businesswoman, Aisha Achimugu, as ordered by the court. Achimugu, who was sandwiched by two female EFCC’s officers, arrived in court at about 11:35am. The News Agency of Nigeria (NAN) reports that Justice Inyang…
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), says the process of establishing a new revenue allocation formula for all tiers of government in the country has reached an advanced stage. Dr Mohammed Shehu, Chairman, RMAFC, disclosed this on Wednesday at the ongoing three-day retreat for newly appointed members of the commission holding in Uyo….
The Nigerian Shippers’ Council (NSC) has urged the National Environmental Standard Regulatory Agency (NESRA) to ratify and domesticate its agreements on sustainable ocean resources management. This is contained in a on Wednesday in Abuja by Mr Pius Akutah, the Executive Secretary of the council. Akutah spoke during a courtesy visit by Dr Jonathan Dajely, NESRA…
The Tinubu Stakeholders Forum (TSF), has welcomed the latest data, indicating that Nigeria recorded a net foreign exchange (FX) inflow of 15.2 billion dollars in the first quarter of 2025. Mr Ahmad Sajoh, Chairman, TSF, described this feat as a testament to the effectiveness of President Bola Tinubu’s bold economic reforms. “The figures, presented at…
Sen Heineken Lokpobiri, Minister of State, Petroleum Resources (Oil), has described the Joint Venture (JV) between Nigerian National Petroleum Company Limited (NNPC Ltd.), Caverton Offshore Support Group and Stenabulk as a strategic industry alignment. Lokpobiri also said that the JV was a bold step toward enhancing shipping operations, strengthening local content, and driving economic growth….
The Federal Ministry of Industry, Trade and Investment (FMITI) has partnered with the Nigerian Exchange Group (NGX Group) to achieve its ambitious $6 billion investment target. In a statement signed on Tuesday by Mr Adebayo Thomas, Director, Press and Public Relations of the ministry, the commitment was underscored during a Closing Gong Ceremony at the…
