Dubai’s Emirates Group announced annual profits of $5.1 billion on Monday, a rise of 71 percent, as the airline company set a new record for the second year in a row. “The Emirates Group has once again raised the bar to deliver a new record performance,” said chairman and chief executive Sheikh Ahmed bin Saeed […]
The decision of the Interim Management Committee (IMC) of the Nigeria Deposit Insurance Corporation (NDIC) to increase the Maximum Deposit Insurance Coverage, on Thursday, last week, was one of the best things to happen to the nation’s banking sector in recent times. When the Managing Director (MD) of the corporation, Mr. Bello Hassan, entered the Conference […]
Former President Olusegun Obasanjo has urged Gov. Ademola Adeleke of Osun to keep dancing while he continues his good works in the State. Obasanjo made the remark at the inauguration of a VIP lodge in Osun Government House, on Sunday in Osogbo. He, however, told Adeleke, who is usually referred to as the “dancing governor”, […]
The leadership of the Foursquare Gospel Church in Nigeria has announced the indefinite suspension of four of its ministers on account of their involvement in a protracted land related matter in the Federal Capital Territory (FCT), Abuja. The church disclosed this during its National Ministerial Council Meeting held on Tuesday April 9, 2024 at the […]
THREE persons died, while 21 others sustained varying degrees of injury in multiple road crashes on Saturday in Ogun State. Spokesperson for the Ogun State Traffic Compliance and Enforcement Corps (TRACE), Babatunde Akinbiyi, confirmed the accidents to the News Agency of Nigeria (NAN) on Sunday, in Abeokuta. Akinbiyi said the accidents occurred on the Iju […]
THE National Drug Law Enforcement Agency (NDLEA) on Friday arrested a 75-year-old grandpa, Jibril (surname withheld) with 7.5 kilogrammes of cannabis at Oke-asa village, Ijero-Ekiti, Ekiti State during a raid. The Director, Media and Advocacy of the NDLEA, Mr Femi Babafemi, said in a statement on Sunday that the agency also arrested a 70-year-old grandma, […]
The Federal Government is working on a system that will provide tax relief to 95 percent of the informal sector of the economy. Mr Taiwo Oyedele, chairman of the Presidential Fiscal Policy and Tax Reforms Committee, said this at the closing session of the committee on Sunday in Abuja. He said this would be achieved […]
The Lagos State Government has warned unregistered individuals and organisations to desist from engaging in real estate activities in the state or face legal consequences for non-compliance with the Lagos State Real Estate Regulatory Authority registration requirements. Lagos State Commissioner for Housing, Moruf Akinderu-Fatai, who gave the warning recently at the 2024 Ministerial Press Briefing […]
The International Monetary Fund has warned the Nigerian government to remove what it called implicit fuel and electricity subsidies. In a report published recently by the IMF, the organisation told Nigeria that the subsidies would guzzle three per cent of the nation’s Gross Domestic Product in 2024 as against one per cent in the year […]
The Zonal Director of the Economic and Financial Crime Commission in charge of Edo, Delta and Ondo states, Effa Okim, has revealed how underage Internet fraudsters, commonly called Yahoo Boys, declare false age to obtain driving licence, which they then use to open bank accounts for warehousing illicit funds. The zonal director revealed this during […]
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