By Ayomide Otitoju MTN Nigeria Communications Plc has vested 1,303,029 shares in 33 of its executives, according to multiple corporate disclosures filed with the Nigerian Exchange Limited. The vesting of shares took place in Lagos, primarily between March 26 and 28, 2025. In its audited financial report for 2024, MTN Nigeria stated, “During the financial…
By Ayomide Otitoju The 2025 Lagos Tourism NBC Trade Fair is set to become Nigeria’s biggest trade and commerce event, with an anticipated ₦5 billion in sales, over 220 vendors, and an expected attendance of 75,000 visitors over three days. This second edition, a partnership between Naija Brand Chick and the Lagos State Ministry of…
By Ayomide Otitoju Lagos State Governor, Babajide Sanwo-Olu, has taken full responsibility for the severe traffic congestion experienced on Wednesday following the closure of the Independence Bridge in Victoria Island. The Governor issued an apology to motorists and acknowledged lapses in public communication and planning that contributed to the disruption. During an on-the-spot assessment of…
Researchers have unveiled the world’s tiniest pacemaker, a groundbreaking device smaller than a grain of rice that can be injected into the body and controlled by light before naturally dissolving. Announced on Wednesday, the wireless pacemaker represents a “transformative breakthrough” in medical technology and could lead to advancements in other fields. While still years away…
The Kremlin has denied reports that Russian President Vladimir Putin plans to visit Saudi Arabia, where former U.S. President Donald Trump is expected in the coming weeks, dismissing speculation of a potential meeting between the two leaders. Kremlin spokesperson Dmitry Peskov, speaking during a daily briefing, stated that Putin has no scheduled visit to the…
By Ayomide Otitoju The Senate has issued a stern warning to promoters and operators of fraudulent investment schemes, stating that violators will face a fine of at least ₦20 million, a 10-year prison sentence, or both. Speaking in Abuja on Wednesday, Chairman of the Senate Committee on Capital Market, Senator Osita Izunaso, emphasized that the…
By Ayomide Otitoju President Bola Tinubu has appointed Engineer Bashir Ojulari as the new Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, replacing Mele Kyari. The announcement was made on Wednesday by the Special Adviser to the President on Information & Strategy, Bayo Onanuga. Tinubu invoked Section 59(2) of the…
By Ayomide Otitoju Sterling Bank has announced the removal of transfer fees for all local online transactions, becoming the first major Nigerian bank to implement a zero-transfer-fee policy. The initiative, effective immediately, is expected to provide significant relief to individuals and small businesses that conduct frequent transactions. In a statement, the bank reaffirmed its commitment…
By Ayomide Otitoju The management and staff of NNPC Limited have officially welcomed Bayo Ojulari as the new Group Chief Executive Officer (GCEO) following his appointment by President Bola Tinubu. Ojulari replaces Mele Kyari, who previously held the position. In a statement released on Wednesday by NNPC’s spokesperson, Olufemi Soneye, the company expressed gratitude to…
