By Ayomide Otitoju Dr. Adaora Umeoji, Group Managing Director/Chief Executive Officer of Zenith Bank, announced that the bank is on course to exceed N1 trillion in profit by the end of the 2024 financial year. She made this statement during the bank’s Capital Markets Day in Lagos, highlighting their strategic goals and achievements. Umeoji, who…
By Ayomide Otitoju Aliko Dangote, President of Dangote Group, announced plans to achieve a $30 billion revenue target by the end of 2025, which he believes will bolster the Nigerian naira. He made these remarks during a media tour of Dangote Petroleum Refinery & Petrochemicals and Dangote Fertiliser Limited on Sunday, emphasizing a strategy for…
By Ayomide Otitoju Jaiz Bank is set to increase its capital base to N70 billion by the end of 2024. The bank reaffirmed its commitment to becoming the center of Islamic banking in Africa. Chairman of the Board of Directors, Mustapha Bintube, disclosed this during a send-off ceremony in Abuja for 11 retired board members,…
By Ayomide Otitoju Mele Kyari, Group Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), announced that Nigeria will become a net exporter of refined petroleum products by December. He made this statement on Monday during a meeting at the National Assembly with key economic stakeholders, including Finance Minister Wale Edun, Budget and National…
Yoruba nation activist, Sunday Adeyemo, known as Sunday Igboho, has issued a fresh quit notice to Fulani herders to vacate all forests in the South-west. This move follows alleged killings, abductions, and farmland destruction by the herders. In a voice note released by his media aide, Olayemi Koiki, and forwarded to PREMIUM TIMES, Igboho praised…
The decision by the Kogi State Independent Electoral Commission (SIEC) to proceed with local council elections may be directly linked to a recent Supreme Court judgment granting financial autonomy to local governments nationwide. Issued on July 11, 2024, the Apex Court ruled that local governments should henceforth receive their allocations directly from the Accountant-General of…
In a session on Tuesday, Justice Nwite responded to a plea by Gambaryan’s lawyer, Mark Mordi, issuing a series of directives. Gambaryan, arriving at court earlier in a wheelchair, stands accused alongside a cryptocurrency firm of money laundering by the Economic and Financial Crimes Commission (EFCC). Earlier, on July 5, Justice Nwite had instructed the…
In a recent ruling, Justice Muazu scrutinized claims by Emefiele, highlighting several shortcomings. The judge noted Emefiele’s failure to provide adequate evidence supporting the necessity and inevitability of his medical journey. Emefiele asserted that an invitation for medical treatment in the UK prompted his travel plans, yet he did not present a copy of this…
In a move aimed at strengthening local governance and preserving cultural heritage, the Kano State House of Assembly has passed legislation to create second-class Emirate Councils in Rano, Gaya, and Karaye. These councils, established under the new law, will each oversee specific local government areas, fostering closer ties between grassroots communities and the government while…
