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BUSINESS

Sylva, Diri trade words over violence

The governorship candidate of the All Progressives Congress in Bayelsa State, Timipre Sylva, and incumbent Governor Douye Diri of the Peoples Democratic Party on Sunday, engaged in a war of words over allegations of spying and violence ahead of the November 11 polls. Sylva claimed in a statement signed by his Special Adviser, Media and Publicity, Julius Bokoru, that Diri had recruited spies to monitor his movements but the second-term-seeking […]

todaySeptember 18, 2023 63

NEWS

Averted crash: Adeleke’s aide alleges sabotage

Spokesperson to the Osun State Governor, Olawale Rasheed on Sunday confirmed that Governor Ademola Adeleke and some of his aides recently narrowly escaped an aircraft crash. Rasheed alleged that the engine of an aircraft carrying the governor might have been tampered with. It was reported in a national daily that an aircraft carrying Adeleke and some of its aides nearly crashed on September 5, while attempting to take off from […]

todaySeptember 18, 2023 99

NEWS

Gunmen kill admission seeker, raze Osun palace

Tragedy stuck in Okanla community in Irepodun Local Government Area of Osun State on Sunday as some men bearing arms stormed the palace of Olokanla of Okanla, killed an admission seeker, Ibrahim Qudus, before setting the building ablaze.

todaySeptember 18, 2023 54

NEWS

Two sisters killed in Ogun building collapse

Abiodun in the Ifo Local Government Area of Ogun State, collapsed and killed their two daughters on Saturday.The incident, it was gathered, occurred due to a mudslide following a downpour.The 16-year-old Suliyat and her 25-year-old elder sister, Nofisat, were trapped in the collapsed building

todaySeptember 11, 2023 20

BUSINESS

13-hour PEPT judgment raises more dust, exposes petitions’ loopholes

The judgment of the Presidential Elections Petitions Tribunal where President Bola Tinubu was reaffirmed as the winner of the contentious February 25 presidential poll may have come and gone, but the memory and impact of the verdict would continue to linger. Tinubu of the All Progressives Congress had scored a total of 8.7 million votes to defeat the presidential candidate of the Peoples Democratic Party, Atiku Abubakar, and his Labour […]

todaySeptember 11, 2023 22

BUSINESS

Customs, CBN meet erring banks over duty remittance

The Nigerian Customs Service, on Sunday, said only two banks were deactivated recently by the NCS over their failure to remit duties collected. It also stated that the erring banks had been reported to the stipulated financial authorities, including the Central Bank of Nigeria, adding that discussions by all the parties were ongoing currently.

todaySeptember 11, 2023 27

BUSINESS

Banks’ bad loans hit N478bn amid economic downturn

At least four banks recorded N478bn non-performing loans during the first half of this year, according to their financial results Specifically, Guaranty Trust Bank Holding Plc (GTCO), FBN Holdings Plc and two other banks reported N478.93bn non-performing loans by value in the half-year ended June 2023, an increase of nearly 16 per cent from N413.36bn reported in the full year ended December 31, 2022. The other two banks are FCMB […]

todaySeptember 11, 2023 21

BUSINESS

AWE to empower 120 women with entrepreneurial skills

The US Mission launched its fifth edition of the Academy for Women Entrepreneurs in Nigeria, in partnership with Ascend Studios to empower 120 women in business. In a statement, it disclosed that AWE would provide 120 women entrepreneurs with the knowledge, network, and access needed to launch and scale successful businesses. According to the statement, the participants were selected from over 3,000 applicants from all regions of Nigeria, and already […]

todaySeptember 8, 2023 20

NEWS

China president absent as G20 gathers in India

G20 leaders began to descend on New Delhi Friday, hoping to make progress on trade, climate and a host of other global problems despite the Chinese and Russian presidents skipping the summit. The G20 was conceived in the throes of the 2008 financial crisis as a way of managing the global economy. But as presidential and prime ministerial jets began landing in the Indian capital, the pointed absence of China’s […]

todaySeptember 8, 2023 14

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