Hundreds of PDP Supporters in Rivers Decamp to APC

By Modupe Gbadeyanka On October 1, 2023, food enthusiasts and stakeholders will gather at the Tafawa Balewa Square, Lagos to have a taste of Nigerian cuisine at an event organised by 3X4 Foods, a subsidiary of 3 BY 4 Gourmet. The founder of 3X4 Foods, Ms Banke Makinde, said the programme, Street Food Celebration, would be used to showcase the Nigerian culture, through food, to the world. She said the event would provide an opportunity to celebrate Nigeria’s culture, history, and people through street food, and promote cultural entertainment, and delicious gourmet street food. According to her, Street Food Celebration

By Bliss Okperan The New Nigeria Peoples Party (NNPP) has accused a former presidential candidate of the party, Mr Rabiu Kwankwaso, of being responsible for the sacking of the Governor of Kano State, Mr Yusuf Abba, at the Governorship Election Petitions Tribunal on Wednesday. A three-man panel led by Justice Oluyemi Akintan-Osadebay removed Mr Abba as Governor, ordering the Independent National Electoral Commission (INEC) to hand the Certificate of Return to the candidate of the All Progressives Congress (APC) in the poll, Mr Nasir Gawuna. Reacting to the development, a chieftain of NNPP in Southwest, Mr Abass Akande Onilewura, alleged

By Adedapo Adesanya The Minister of Solid Minerals Development, Mr Dele Alake, has reiterated that his ministry would work with state governors to harness mineral resources for maximum socio-economic development of the country as the federal government seeks to explore all alternative revenue sources away from oil and borrowing. Mr Alake gave this assurance when the Governor of Nasarawa State, Mr Abdullahi Sule, paid him a courtesy visit in his office at the ministry’s headquarters in Abuja on Thursday. He noted that the ministry was determined and committed to harnessing the nation’s mineral resources, emphasising that Nasarawa State and other

Fidson Healthcare Plc has been commended for its newly constructed multi-billion Naira state-of-the-art manufacturing facility. Minister of Health, Professor Isaac Adewole, made this commendation when he recently visited the factory located at Sango Ota, Ogun State. Prof Adewole reaffirmed federal government’s support for local pharmaceutical manufacturing, saying that with the new facility, Fidson deserves the support and patronage from government and other stakeholders. The Minister said he was “impressed with its enormous production capacity.” According to him, “What Fidson has built here is extraordinary. We must encourage and support this project in terms of patronage and tax relief in order

By Modupe Gbadeyanka Worried by the rising #FakeNews phenomenon in the country and the globe, a group known as TMTR, has commenced a special workshop for select journalists in Lagos. The inaugural lecture was help on Saturday, February 10, 2018 and participants were drawn from the print, broadcast and online platforms. Tagged ‘The Training Room,’ the seminar gave the participating journalists a better understanding of the Cybercrimes Prohibition Act 2015 and how it affects their practice especially with the imminent 2019 elections. Facilitators at the event were Peter Okwoche of the BBC, award winning writer Kaine Agary who is also

By Modupe Gbadeyanka Mr Emmanuel Nnorom has been appointed as the Group Chief Executive Officer (CEO) of Heirs Holdings. Mr Nnorom’s appointment was approved by the board of the firm and takes effect on Thursday, June 1, 2017. Before now, Mr Nnorom was the Chief Executive Officer of an affiliate of Heirs Holdings, Transnational Corporation of Nigeria Plc. He will join the Heirs Holdings’ board, reporting directly to the Group Chairman, Mr Tony Elumelu and would be expected to provide the day-to-day leadership at Heirs Holdings and be responsible for execution of group strategy for the proprietary investment firm, whose

By Adedapo Adesanya The National Association of Microfinance Banks (NAMB) has directed all licensed Microfinance Banks (MFBs) nationwide to update it on their recapitalisation status for assessment and follow-up actions with the regulatory authorities. This was disclosed by the Executive Secretary of the association, Mr Shikir Caleb, after the Central Bank of Nigeria (CBN) revoked the licences of 179 banks for not adhering to regulations. The central bank had said that it revoked the MFBs licences due to failure to fulfil or comply with the conditions subject to which their licences were granted. The apex bank said the banks were

By Dipo Olowookere Three new executive directors have joined the board of Keystone Bank Limited as part of efforts to sustain continued business growth of the company. They were promoted to join the boardroom after being General Managers of different departments of the company. According to a statement on Monday by the divisional head, marketing and corporate communications of the bank, Mrs Omobolanle Osotule, the directors were appointed at the 49th Annual General Meeting (AGM) of the lender held in Lagos. The new directors, whose appointments are subject to the approval of the Central Bank of Nigeria (CBN), include Tijjani

By Adedapo Adesanya The Organisation of Petroleum Exporting Countries (OPEC) and their main allies, together known as OPEC+, will meet in the cartel’s headquarters in Vienna, Austria, to set out their next oil policy moves on Sunday, June 4, amid conflicting messages on what would be on the agenda. Top OPEC producer and de-facto leader, Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman, warned short sellers to “watch out” and promised to “ouch” them, a comment that pushed the market up by as much as 2 per cent last week. The comments by the Prince were interpreted by some investors

By Aduragbemi Omiyale The Nigerian Exchange (NGX) Limited has disclosed that the NGX Made of Africa Awards will spur the next phase of capital market innovation to attract more investors into the space. On Tuesday, December 6, 2022, the exchange held the award ceremony in Lagos to recognise innovativeness and compliance with best practices in the Nigerian capital market for the calendar year. The event spotlighted excellence, creativity and integrity as NGX sought to amplify the activities of its stakeholders to further reinforce the values that attract investors to the market and grow the African economy. Players in the capital

By Modupe Gbadeyanka The Nigeria Customs Service (NCS) has appointed NOVA Merchant Bank as a duty collecting bank. This development will enable the young bank handle duty payments for its clients in addition to process and issue custom bonds along with guarantees on their behalf. A statement issued by the financial institution said this is in fulfilment of its commitment to constantly find new ways to serve its customers better. The bank now has the authorisation to collect import, excise and other duties for the customs. “We are excited about this appointment because it would enhance efficiency and improve turnaround