By Ayomide Otitoju A petitioner, Mr. Uche David Esomonu, has expressed frustration over the apparent lack of progress in the forgery case against former House of Representatives member, Hon. Rita Odichinma Orji. Orji, who represented Ajeromi-Ifelodun Federal Constituency from 2015 to 2019, was arrested by the police on Sunday, November 24, 2024, over allegations that…
Inflation in the eurozone slowed further in March, driven by a decline in energy tariffs and moderated price increases in the services sector, the European Union’s statistics agency, Eurostat, reported on Tuesday. Consumer prices in the 20-nation currency bloc rose by 2.2 percent year-on-year, slightly down from February’s 2.3 percent, bringing the figure closer to…
German Foreign Minister Annalena Baerbock on Tuesday accused Russian President Vladimir Putin of deliberately obstructing negotiations to end the war in Ukraine, asserting that Moscow is escalating its military aggression instead of pursuing peace. “He is manoeuvring his way out of negotiations, continuing his illegal war of aggression, and escalating with brutal, targeted attacks on…
U.S. President Donald Trump signed an executive order on Monday aimed at cracking down on ticket scalping and price gouging in the live entertainment industry. Flanked by musician Kid Rock, a longtime supporter, Trump vowed to prevent “unscrupulous middlemen” from inflating ticket prices through resale markets. The directive instructs the U.S. Attorney General and Treasury…
By Ayomide Otitoju Senator Natasha Akpoti-Uduaghan on Tuesday received a rousing reception from her supporters in Ihima, Kogi State, despite a government-imposed ban on rallies and processions. Supporters from across Kogi Central Senatorial District thronged the Ihima community in Okehi Local Government Area (LGA) from as early as 8 a.m. to welcome the Peoples Democratic…
By Ayomide Otitoju The Lagos State Government, in collaboration with EnterpriseNGR under the Lagos International Financial Centre (LIFC) platform, has urged both local and foreign investors to support the establishment of an International Financial Centre in Lagos to bolster economic and financial growth. Speaking at EnterpriseNGR’s first Quarterly Members’ Night of 2025, held in Victoria…
By Ayomide Otitoju Lagos State Governor, Mr. Babajide Sanwo-Olu, has reaffirmed his administration’s commitment to improving the lives of residents through purposeful governance. He made this pledge on Tuesday during the Eid-el-Fitr celebration organized by the First Family of Lagos State and the Ministry of Home Affairs at Lagos House, Marina. Themed ‘My Lord, Indeed…
By Ayomide Otitoju President Bola Ahmed Tinubu has approved a major restructuring of the Nigerian National Petroleum Company (NNPC) Limited board, dismissing Chairman Chief Pius Akinyelure and Group Chief Executive Officer (GCEO) Mallam Mele Kolo Kyari, along with all other board members appointed in November 2023. The newly constituted 11-member board will be led by…
By Ayomide Otitoju Wema Bank Plc has announced its audited financial results for the year ended December 31, 2024, showcasing robust growth across key financial metrics. The bank reported a profit before tax (PBT) of N102.51 billion, reflecting an impressive 135% increase from the N43.59 billion recorded in 2023. Following this strong performance, the bank…
