By Ayomide Otitoju Former Vice President and Peoples Democratic Party (PDP) presidential candidate, Atiku Abubakar, on Friday visited former Osun State Governor Rauf Aregbesola at his residence in Osun State. Atiku shared a video from the visit on his official X (formerly Twitter) handle, captioning it: “Breakfast time at the residence of the former Governor…
By Ayomide Oitoju The Supreme Court on Friday struck out a suit filed by the 36 state governments and the Nigeria Governors’ Forum (NGF) challenging the Federal Government’s alleged mismanagement of recovered looted funds. In a unanimous decision delivered by a seven-member panel, the apex court ruled that the case was wrongly brought before it….
By Ayomide Otitoju Speaker of the House of Representatives, Tajudeen Abbas, has called on members and stakeholders of the All Progressives Congress (APC) to throw their full weight behind President Bola Tinubu’s re-election campaign ahead of the 2027 general elections. In a statement released on Friday, Abbas endorsed the President’s performance since assuming office, acknowledging…
By Ayomide Otitoju President Bola Tinubu has tasked the newly inaugurated Board of the Nigerian National Petroleum Company (NNPC) Limited with consolidating the achievements of his administration’s economic reforms, which have drawn both local and international praise for enhancing Nigeria’s economic competitiveness. Speaking at the inauguration ceremony held on Thursday at the State House in…
By Ayomide Otitoju After a sluggish week, Nigeria’s stock market witnessed a modest rally on Friday morning, driven by renewed investor interest in Fidelity Bank Plc shares. As of 11 a.m., the NGX All Share Index (ASI) rose by 0.19 percent to 109,385.94 points, buoyed by a 6.63 percent jump in Fidelity Bank’s share price…
By Ayomide Otitoju Wema Bank has reaffirmed its position as one of Nigeria’s most profitable and innovative financial institutions with a record-breaking financial performance in 2024, earning unanimous commendation from shareholders at its Annual General Meeting (AGM) held virtually on May 22, 2025. According to its 2024 Annual Report, the bank posted a 91.51% increase…
By Ayomide Otitoju The Managing Director of Shell Nigeria Exploration and Production Company Ltd (SNEPCo), Ronald Adams, has called on Nigerian companies to position themselves for increased participation in offshore and shallow water oil and gas projects, citing massive potential for business growth and skills development. Adams, represented by SNEPCo’s Head of Supply Chain, Charles…
By Ayomide Otitoju The Federal Government is set to raise ₦300 billion from the domestic bond market in May 2025, as it continues to leverage local debt instruments to support economic reforms, sustain public financing, and maintain investor confidence. The fundraising plan, announced by the Debt Management Office (DMO) on Thursday, represents a 12.5 per…
By Ayomide Otitoju Chairman of FBN Holdings Plc, Femi Otedola, has attributed his ₦320 billion personal investment in First Bank to the economic reforms of the Federal Government and policy measures of the Central Bank of Nigeria (CBN), which he says have restored investor confidence in Nigeria’s financial system. Speaking on Thursday at the 13th…
