Nigeria
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Zenith Bank Plc has announced the appointment of as its Group Managing Director/Chief Executive Officer (CEO), effective June 1, 2024, pending approval by the Central Bank of Nigeria (CBN). The appointment was disclosed in a statement released to the Nigerian Exchange Limited (NGX) and signed by Michael Osilama Otu, the Company Secretary of Zenith Bank […]
Imported food inflation in Nigeria rose to its highest level, reaching 29.8% in February 2024 from 26.3% recorded in the previous month, which represents a 352 basis points increase. This is according to analysis by journalists. Further analysis showed that imported inflation has increased consecutively for over 4 years, largely driven by both internal and […]
A yet-to-be identified individual around the team of Mr Peter Obi, the Presidential candidate of the Labour Party, LP, in the last general election, has been accused of reportedly cornering N60 million donated to his campaign. @MissPearls, a strong supporter of Obi, made public the allegation on Sunday via a series of posts on her […]
Governor Chukwuma Soludo of Anambra State believes Nigeria’s biting economic situation is an “inevitable” phase for the betterment of the nation. Soludo stated this in an interview on Channels Television’s Sunday Politics. Recall that Nigeria’s inflation level rose to 31.70 per cent in February with the cost of living shooting up in the wake of […]
President Bola Tinubu has arrived in Abuja, the nation’s capital, after a two-day official visit to Qatar. Tinubu arrived on Monday evening and was received by Vice-President Kashim Shettima and other top government officials at the Nnamdi Azikwe Internationa Airport, Abuja. Other government officials who welcomed the president included Femi Gbajabiamila, Tinubu’s chief of staff […]
President Bola Tinubu on Sunday in Doha Qatar, vowed to deal with anyone who asks for bribes to undermine investors confidence in the country. The president assured the international business community that Nigeria is ready for serious business as his administration will deal decisively with any and all entrenched interests in the country who undermine […]
President Bola Tinubu has asked Qatari captains of industry to report any Nigerian official who demands any form of bribe before allowing them to do business in the country. He insisted that Nigeria would no longer be held back by its past dotted with bureaucratic bottlenecks and corruption that stifled the ease of doing […]
Nigeria’s Lagos State opened a second light-rail line to ease gridlock in the nation’s commercial hub and most populous city that’s notorious for traffic jams. President Bola Tinubu on Thursday inaugurated the 37-kilometer (23-mile) Red Line, which stretches from the northern suburb of Agbado down to the coastal area of Oyingbo, near the city’s central business district […]
President Bola Tinubu, on Wednesday, appealed for patience from Nigerians over the current economic hardship in the country, giving the assurance that there was light at the end of the tunnel. The President said he was fully aware and took responsibility for the difficulties Nigerians had been subjected to on account of government policies. He […]
Former President of Nigeria students in Australia and President of Diaspora Coalition for Good Governance in Nigeria, Comrade Tochukwu Onah, has called on Nigerians to support President Tinubu’s effort to revamp the economy which is biting hard in the country. He expressed with sadness that anger and frustration among Nigerians continued to rise and told […]