A county sheriff in Kentucky was charged with murder on Thursday following the alleged shooting and killing of a district court judge. Letcher County Sheriff Mickey Stines was taken into custody after a fatal altercation at the Letcher County courthouse, according to the Louisville Courier-Journal. Stines faces a charge of first-degree murder in connection with…
By Ayomide Otitoju Guaranty Trust Bank (GTBank) has been named the Best Bank for Corporate Social Responsibility in Nigeria at the 2024 Euromoney Awards for Excellence, in recognition of its significant contributions to society through various impactful CSR initiatives. These initiatives cover sectors such as education, health, community development, and financial inclusion. In a statement…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC) has initiated discussions with investors to revive the stalled Brass and Olokola Liquefied Natural Gas (LNG) projects. This was disclosed by NNPC Ltd.’s Chief Financial Officer, Umar Ajiya, during the 2024 Gas Technology Conference and Exhibition (Gastech) in Houston, United States. According to a statement…
By Ayomide Otitoju Coca-Cola Hellenic Bottling Company has announced plans to invest $1 billion in Nigeria over the next five years, as part of its ongoing expansion efforts in the country. The announcement was made during a meeting between President Bola Tinubu and the company’s global leadership team, led by President and Chief Financial Officer…
By Ayomide Otitoju Lagos State Governor, Mr. Babajide Sanwo-Olu, has extended his heartfelt congratulations to the First Lady of Nigeria, Senator Oluremi Tinubu, as she celebrates her 64th birthday. He described her as a compassionate and kind-hearted leader, as well as a steadfast pillar of support for President Bola Tinubu. In a statement released on…
By Ayomide Otitoju United Bank for Africa (UBA) Plc is marking the 40th anniversary of its U.S. branch, UBA America, highlighting its role in fostering economic and cultural connections between Africa and the United States. Founded in 1982 as a representative office in New York, UBA America was granted a federal banking license in 1984,…
The U.S. Federal Reserve slashed its key lending rate by half a percentage point on Wednesday, marking the first reduction in over four years. The rate cut, just weeks before the November presidential election, lowers borrowing costs on loans for businesses and consumers, including mortgages and credit cards. This move signals the end of the…
Gunfire erupted on Wednesday night in Abuja’s Asokoro District when operatives of the Economic and Financial Crimes Commission (EFCC) attempted to arrest former Kogi State Governor Yahaya Bello at the Kogi State Governor’s Lodge. The standoff occurred as security personnel at the lodge resisted the anti-graft agency’s efforts to apprehend Bello. An altercation quickly ensued…
By Ayomide Otitoju Nigeria’s new low-sulphur crude oil grade, Utapate, has seen its daily average production rise to 32,000 barrels per day, according to a report from the Federal Government. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) revealed that 996,070 barrels of Utapate were produced in August, a significant increase from the 754,222 barrels produced…
