By Ayomide Otitoju The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has disclosed that he personally supervised a six-month investigation into the Lead Pastor of Jerry Eze over allegations of money laundering.Olukoyede made the revelation on Wednesday during the Jerry Eze Foundation Business Grant Award Ceremony in Abuja.He said the investigation…
Donald Trump will have his image featured in a limited-edition United States passport, officials confirmed on Tuesday, marking a significant departure from longstanding government norms. The United States Department of State said the special passport design is part of activities to commemorate the 250th anniversary of the United States Declaration of Independence. According to officials,…
By Ayomide Otitoju Nigerian National Petroleum Company Limited has increased the official selling prices of all 37 Nigerian crude grades for May-loading cargoes, amid rising global oil prices driven by escalating tensions in the Middle East, particularly the conflict involving Iran, the United States, and Israel. According to industry reports, the national oil company raised…
By Ayomide Otitoju Guaranty Trust Holding Company Plc has reported a marginal 0.88 per cent year-on-year increase in profit before tax to N302.89 billion for the first quarter ended March 31, 2026, compared to N300 billion recorded in the corresponding period of 2025.However, profit after tax declined by 15.42 per cent to N218.13 billion, largely…
By Ayomide Ottoju MTN Nigeria Communications Plc has announced plans to divest its ownership in Y’ello Digital Financial Services and sell a 60 per cent stake in MoMo Payment Service Bank to MTN Group in a transaction valued at N152.06 billion. The proposed deal, disclosed in a shareholders’ FAQ ahead of the company’s Annual General…
By Ayomide Otitoju Lagos State Governor Babajide Sanwo-Olu has been inducted as an Associate Member of the Chartered Institute of Stockbrokers (CIS), in recognition of his engagement with Nigeria’s capital market and investment ecosystem. The induction ceremony took place on Tuesday at Lagos House, Marina, and was attended by members of CIS, top government officials,…
By Ayomide Otitoju The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has pegged the retail price of Aviation Turbine Kerosene (ATK) in Nigeria at between ₦1,960 and ₦2,800 per litre amid rising fuel costs affecting airline operations. In a statement, NMDPRA Director of Public Affairs George Ene-Ita said the prices were based on nationwide…
By Ayomide Otitoju The World Health Organization (WHO) has warned that global progress in eliminating hepatitis remains too slow, despite the availability of effective tools to combat a disease that kills more than one million people annually.In its Global Hepatitis Report 2026, the agency said hepatitis B and C, which account for about 95 per…
By Ayomide Otitoju The Governance Advisory Council (GAC), the highest decision-making body of the All Progressives Congress in Lagos State, has adopted Deputy Governor Obafemi Hamzat as its consensus governorship candidate ahead of the 2027 election. GAC Chairman Tajudeen Olusi announced the decision on Tuesday after a meeting of party leaders at Lagos House, Marina,…
