President Bola Tinubu and Prime Minister Philip J. Pierre of Saint Lucia have agreed to initiate formal diplomatic relations between Nigeria and the Caribbean nation. The agreement was reached during President Tinubu’s courtesy visit to Prime Minister Pierre’s official residence in Castries, marking the second day of his state visit to Saint Lucia. During their […]
The eleven abducted Benue Links passengers and driver have regained their freedom. The passengers and driver were kidnapped one week ago at Eke Elegbencho, Okpokwu Local Government Council, Benue State. The company broke the news of the release of the abducted persons in a statement by its information officer, Johnson Ehi, on Sunday. “Benue Links […]
Minister of Industry, Trade, and Investment, Dr Jumoke Oduwole, has directed the Financial Reporting Council (FRC) to apply an interim cap on annual dues payable by private sector Public Interest Entities (PIEs) at ₦ 25 million. Oduwole said the directive aligns with the cap already in place for publicly listed entities under the FRC (Amendment) […]
SFS Capital Nigeria has recorded a 44.5 per cent growth, leading to a significant increase in dividend payment to its stakeholders. The growth, according to the firm, serves as a testament to the company’s strong performance and commitment to delivering value to its investors. The Managing Director and Chief Executive Officer, SFS Capital Nigeria Limited, […]
The Benue State House of Assembly has officially reinstated 13 lawmakers who were suspended three months ago for dissenting from a legislative resolution. The move marks a significant step towards restoring unity within the state legislature after weeks of internal wrangling and political standoff. The lawmakers were initially suspended in March for convening a press […]
PZ Cussons has agreed to sell its 50 per cent stake in PZ Wilmar, a Nigerian edible oils business, to joi,nt venture partner Wilmar International in a deal valued at approximately £51 million. The transaction marks the British consumer goods company’s withdrawal from Nigeria’s palm oil sector. Established in 2010, PZ Wilmar has grown into […]
The Minister of Works, David Umahi, has terminated the contract awarded to Levant Construction Limited over its failure to deliver on the Benin–Sapele–Warri road project. The road, a major federal highway, is being reconstructed under the Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme. Speaking in Abuja after a meeting with contractors handling various […]
The 17 candidates nominated by President Bola Tinubu to oversee the affairs of Rivers State Independent Electoral Commission, Rivers State Civil Service Commission and Rivers State Local Government Service Commission have officially declared their assets before the Code of Conduct Bureau. The assets declaration came on the heel of security clearance by the Department of […]
The Secretary to the Government of the Federation (SGF), Senator George Akume, has reaffirmed President Bola Tinubu’s commitment to ending the ongoing killings in Benue State, following his emotional visit to communities affected by the latest round of violence in Guma Local Government Area. Senator Akume, who returned to his home state ahead of the […]
Governor Bassey Otu of Cross River State has appointed Linus Obogo as his Chief Press Secretary and Special Adviser on Media and Publicity, while reassigning Nsa Gill to serve as Special Adviser on Public Affairs. The appointments were confirmed in a statement issued on Tuesday by the Secretary to the State Government, Professor Anthony Owan […]
