Northern Youths Attack Deputy President Over New Tax Bills

The North’s resentment of the proposed Tax Reform Bills currently at the National Assembly, NASS, has expanded as northern youths attacked Deputy Senate President Senator Barau Jibrin yesterday, accusing him of being insensitive to the region. They described the bills as anti-North, saying it would further relegate the region economically. The youths, representing 19 northern …

EFCC makes largest asset recovery, secures final forfeiture of Abuja estate.

Justice Jude Onwuegbuzie, on Monday, December 2, 2024 gave a ruling on a final forfeiture of an estate in Abuja measuring 150,500 square metres and containing 753 Units of duplexes and other apartments. This is the single largest asset recovery by the Economic and Financial Crimes Commission, EFCC, since its inception in 2003. The Estate …

Spotlight Interview: Interview with Victor Alemede on Enhancing Pharmacy Practice and Access to Oncology Medicines in Nigeria and Africa

November 26, 2022 Interviewer: Thank you for joining us today, Victor. As an experienced professional in oncology and pharmaceutical sales, how do you see the current landscape of pharmacy practice and access to oncology medicines in Nigeria? Victor Alemede: Thank you for having me. The landscape for oncology medicines in Nigeria and Africa at large …

Recapitalisation: FBN Holdings opens N150 billion Right issue at N25 per share

FBN Holdings Plc has commenced its Rights Issue, offering 5.983 billion ordinary shares at 50 kobo each, priced at N25 per share, raising N150 billion for existing shareholders. The offer is structured as one new share for every six ordinary shares held as of October 18. In a statement issued on Sunday in Lagos, FBN …

President Bola Tinubu has sacked five ministers from his cabinet.

The affected ministers are Uju Kennedy-Ohanenye, minister of women affairs; Lola Ade-John, the minister of tourism; and Jamila Bio Ibrahim, minister of youth development. Tahir Mamman was also reliveed of his duty as the minister of education while Abdullahi Muhammad Gwarzo was let go as minister of state, housing and urbandevelopment. More to follow…

H1’24: UBA grows earnings by 40% to N1.37 trillion, breaks record on interim dividend

Declares Unprecedented Interim Dividend of N2.00 Per ShareTotal Assets up by 37.2% to N28.3 trillionCustomer Deposits hits N23.2 trillion, climbs 34%Makes Profit Before Tax of N401.6bnAfrica’s Global Bank, United Bank for Africa (UBA) Plc has released its audited financial results for the half year ended June 30, 2024, showing impressive performance across some key financial …

Senator Solomon Olamilekan Adeola:The creative Jinx Breaker

Amos Adetunji As they say, no one can resist an idea whose time has come. Without doubt, it is about time, and also a dream come true for Solomon Olamilekan Adeola, the Senator who represents Ogun State West Senatorial District in his desire to govern Ogun State. And this is already public knowledge. The uncommon …

Obasanjo: Thieves can’t provide just governance

Former President Olusegun Obasanjo has demanded that corrupt politicians be jailed for their misconduct, arguing that “thieves cannot provide just governance”. On Thursday, the 87-year-old statesman spoke virtually at the memorial lecture of Denis Joseph Slattery, the late cleric, in Lagos. In his speech titled ‘the imperative for moral rectitude in governance,’ Obasanjo said the …