PDP, Atiku Should Beg Nigerians for Distracting Buhari—FG

By Bliss Okperan The Governor of Ogun State, Mr Dapo Abiodun, has asked Nigerians to give President Bola Tinubu more time, saying he has performed well in office since taking over on May 29, 2023, noting that he inherited an almost comatose economy from former President Muhammadu Buhari. “The President Tinubu-led administration has been very bold and audacious. They’ve taken the bull by the horns. They’ve done what no government has done in the history of Nigeria,” Mr Abiodun said during an interview on Channels Television’s Sunday Politics show. Recall that a few days ago on Channels TV, the Governor

By Adedapo Adesanya  Nigeria’s anti-crude theft troop, Operation Delta Safe, has destroyed 50 illegal oil refining sites in the Niger Delta region and arrested 51 suspects in the last week. The Director of Defence Media Operations, Maj.-Gen. Edward Buba, who made this known on Thursday in Abuja while briefing newsmen on the operations of the military, said the troops also eliminated four criminals and recovered arms and ammunition. He added that a total of 578,900 litres of stolen crude oil, 454,330 litres of illegally refined Automotive Gas Oil and 10,000 litres of dual-purpose kerosene (DPK) were recovered during the operations.

By Adedapo Adesanya A Federal Capital Territory High Court, Abuja, has adjourned an alleged procurement fraud case involving ex-Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, to January 18 and 19, 2024, for continuation of trial. Mr Emefiele is standing trial on a six-count amended charge on alleged procurement of vehicles to the tune of N1.6 billion. He had pleaded not guilty to the charges. He was granted bail on November 17, 2023, to the tune of N300 million, and two sureties and remanded at the Kuje Correctional Centre, pending when he meets his bail conditions. However,

By Aduragbemi Omiyale The Oyo State government has maintained that its decision to register all commercial motorcycle and tricycle riders in the state was to promote public safety and not for any other purpose. The Commissioner for Information and Civic Orientation, Mr Dotun Oyelade, said this during a one-day sensitisation meeting with Okada and Keke riders in Ibadan. He explained that the meeting became necessary following a recent state security council meeting, noting that the exercise will help in the documentation of riders in the state. The Commissioner called for sustained cooperation between motorcycle and tricycle riders and the state

By Jerome-Mario Utomi At a glance, President Muhammadu Buhari comments during his 2021 New Year message to Nigerians on Friday, January 1, 2021, that; “this administration would continue to focus on delivering key strategic priorities under our SEA (Security, Economy and Anti-Corruption) agenda,” without any shadow of the doubt portrays his led federal government as a government that understands the experts believe by Sheikh Mohammed Bin Rashid Al Maktoum, that the efficiency of the government sector does not only affect the performance of the public sector-it affects that of the whole country, including the private sector. When the public sector

By Dipo Olowookere The United Nations has called on leaders in Africa, especially in Nigeria, to urgently take decisive steps to stop the incessant deadly clashes between cattle rearers and farmers. In a statement issued on Thursday, Secretary-General of the United Nations, Mr António Guterres, said the world body stands ready to support efforts to resolve the deadly clashes between the farmers and nomadic herders in areas of West and Central Africa. In the statement issued by his spokesperson, the UN scribe expressed deep concern over the mounting violence, as well as the resulting banditry, extortion and cattle rustling. Mr

By Ashemiriogwa Emmanuel The Group Chief Executive Officer of the Nigerian Exchange (NGX) Group Plc, Mr Oscar Onyema, has assured shareholders of steady revenue streams and capital appreciation. Mr Omyema said this when he was explaining how the non-operating company plans to deliver value to NGX Group shareholders as it plans to list its stocks on the NGX Limited platform. Speaking at the Fact Behind the Listing held on Monday, October 11, Mr Onyema said that the company has diversified holdings of which each generates revenues, giving the organisation a strong foundation as it comes to the stock market. Being

By Modupe Gbadeyanka Trading resumed on the floor of the Nigerian Stock Exchange (NSE) on Monday and observers believe that the market will be bullish this week. Like the previous weeks, analysts at Vetiva Research have released top recommendations for this trading week. Check the recommendations below.

By New Telegraph The Lagos Chamber of Commerce and Industry (LCCI) has said that contraction in Nigeria’s Gross Domestic Product (GDP) by December, 31, 2016, would send bad economic signals to the global market. It noted that there were negative GDP growths of -0.36 per cent, -2.06 percent and -2.24 percent in the first, second and third quarters of the year respectively. The chamber noted that the country’s economy suffered contraction for two consecutive quarters this year since it slipped into recession. A source, who spoke with New Telegraph at the Chamber, explained that the Chamber was wary of the

By Modupe Gbadeyanka Entries for the maiden edition of the scholarship scheme put in place by Stanbic IBTC Holdings Plc have commenced and it is open to Nigerian undergraduates. A statement from the firm, which is a member of the Standard Bank Group, disclosed that students who participated in the 2020 Unified Tertiary Matriculation Examination (UTME) and have just gained admission into any of the tertiary institutions can apply for the programme. The foremost end-to-end financial services provider said the total scholarship worth N40 million would be spread across four years and disbursed in tranches of N100,000 per academic year.

By Dipo Olowookere Regional Director for Sage in East Africa, Ms Nikki Summers, has pointed out that any party that emerges winner in the general elections in Kenya taking place in August 8 2017 has an opportunity to supercharge job creation and economic growth by adopting policies that help Small & Medium Businesses to thrive. Ms Summers noted that the next government will have a strong framework and foundation to build on, following years of State investment in creating an enabling environment for entrepreneurs and business builders. She said, “With GDP expected to expand by around 6 percent this year,

By Dipo Olowookere Trading activities on the floor of the Nigerian Stock Exchange (NSE) finished bearish on Wednesday after the market was subjected to selling pressure by profit takers. The decision of some investors to take profit at yesterday’s session led to the 0.97 percent loss posted at the close of business, putting a pause to the two consecutive gains this week and extending the year-to-date loss to 13.08 percent. Business Post reports that apart from the industrial sector, which rose by 0.29 percent, every other sector closed in the red territory, with the consumer goods index leading the pack