The Federal High Court in Abuja has cautioned Mr Gimba Ya’u, former Managing Director and Chief Executive Officer (MD/CEO), Federal Mortgage Bank of Nigeria (FMBN), against frivolous adjournment in the 65 million-dollar fraud trial. Justice James Omotosho gave the warming following an oral application seeking for an adjournment by Benjamin Ogar, the lawyer who appeared…
The Group Chief Executive Officer of NNPC Ltd, Mele Kyari says President Bola Tinubu’s reforms in the oil and gas sector have created a stable fiscal environment with long-term profitability. He stated this at the 2025 Nigeria International Energy Summit (NIES), on Tuesday in Abuja. Kyari said that many Final Investment Decisions (FIDs) announced in…
Bankit Microfinance Bank has unveiled its web banking platform to provide customers with additional digital channel to manage and carry out uninterrupted daily transactions on their phones, laptops and other devices. Yen Choi, Chief Executive Officer, Bankit Africa, in a statement on Tuesday said with the innovative solution, the bank was redefining convenience and security…
The leadership of Labour Party has described the death of an Afenifere Leader, Pa Ayo Adebanjo, as a rude shock. National Chairman of the party, Mr Julius Abure, stated this in a statement on Sunday in Abuja. “For us in Labour Party, Pa Ayo Adebanjo was more than a father and a leader who stood…
In a courtroom showdown in New York, Donald Trump engaged in a fiery clash with a judge as he provided testimony in a civil fraud trial. The former president vigorously defended his family’s business while disputing allegations of bank deception. This trial, presided over by a judge who has previously ruled that the Trump Organization…
Mr Peter Obi, Labour Party Presidential candidate in the 2023 general elections, on Tuesday mourned Dr Pascal Dozie, Founder of Diamond Bank and a renowned Nigerian entrepreneur and business morgul. Obi a former governor on Anambra, in his condolence message posted on his X handle, expressed his sadness over the demise of the business mogul….
The Federal Government of Nigeria has expressed sadness and sent a condolence message to the Government and People of the Republic of Korea over the unfortunate crash of Jeju Air Flight 2216 that occurred on Sunday, December 29th, 2024. A statement issued on Sunday by Kimiebi Imomotimi Ebienfa, Acting Spokesperson, Ministry of Foreign Affairs, Abuja,…
The Forward Operating Base (FOB) of the Nigerian Navy in Badagry, Lagos State, on Saturday, intercepted 16 fibre boats loaded with 1,000 bags of foreign parboiled rice. A reliable source told the News Agency of Nigeria (NAN) in Badagry that the smugglers were about to load the bags of foreign parboiled rice into their awaiting…
Members of the Lagos State House of Assembly have faulted the presence of armed personnel of Department of State Security (DSS) at the assembly complex in Ikeja on Monday. The House, at a plenary presided over by the Speaker, Mojisola Meranda, called on the state’s Director of DSS to explain the reasons for the personnel’s…
The chief of South Korea’s anti-corruption investigative agency on Tuesday apologised for the failure last week to arrest the impeached President Yoon Suk-yeol over his short-lived martial law imposition. Oh Dong-woon, head of the Corruption Investigation Office for High-ranking Officials (CIO), said in a parliamentary session of the legislation and judiciary committee that he sincerely…
