First Bank of Nigeria Holdings Plc (FBNH) has insisted on electing Femi Otedola, its former highest single shareholder as a director despite opposition from other shareholders. FBNH has also amended the agenda of its disputed Annual General Meeting (AGM) to include the raising of the capital of N150bn through the right issues. This was disclosed in…
“I receive toxic calls and messages regarding my meeting with the president yesterday”, Dr. Ngozi Okonjo Iweala as said. Ngozi Okonjo-Iweala GCON a Nigerian-American economist, who is serving as the 7th Director-General of the World Trade Organization since March 2021, met with President Bola Ahmed Tinubu yesterday and since then she has been receiving threats….
Tension has remained high in Niger Republic as the military junta refused entry to a negotiating mission planned for Tuesday by the United Nations, African Union (AU) and Economic Community of West African States (ECOWAS). U.S. diplomat Victoria Nuland spoke with members of the junta in the capital, Niamey, on Monday, but was not allowed…
President Bola Tinubu has appointed a 400-level Economics student of the University of Ibadan (UI), Orire Agbaje, as a member of the Presidential Committee on Fiscal Policy and Tax Reforms. Agbaje is the President of The Tax Club, University of Ibadan (UI), and also the President of the Nigerian Universities Tax Club. According to her…
The Nigerian Labour Congress and the Trade Union Congress have declared the Chief of Staff to President Bola Tinubu unfit for negotiation with the union and considering a nationwide strike as an option. The labour unions made the statement on Tuesday at the meeting with the national Assembly heads. In attendance are the leaderships of…
The United Nations says the closure of borders and airspace in the Niger Republic is cutting off supplies of medicine and food to the landlocked country. The Niger’s military junta has warned citizens to brace up for challenging weeks and months ahead as soldiers maintain their stance to defend the country against possible attacks. Part…
The news of the imminent exit of GlaxoSmithKline (GSK) from Nigeria sent shockwaves across the country a few days ago. GSK has been operating in Nigeria for at least 51 years and has been one of the major pharmaceutical companies in the country, manufacturing some of the best-known prescription medicine, vaccines, and consumer healthcare products,…
The Federal Government on Monday backtracked and withdrew its contempt suit filed against leaders of the Nigeria Labour Congress and the Trade Union Congress for organising a nationwide anti-subsidy protests on August 2, 2023. The development came barely five days after the Federal Ministry of Justice sued the organised labour leaders for allegedly disobeying a…
James Cleverly, the foreign secretary of the United Kingdom, visited Ogidi Studios in Lagos. Ogidi Studios is a multi-functional creative facility, owned by the 360 talent agency, The Temple Company. Cleverly was to make a stop in Nigeria to discuss partnerships as a part of his four-day trip to Africa. Last Monday, Ogidi Studios hosted the UK secretary of state for…
The leader of the Indigenous People of Biafra, IPOB, Nnamdi Kanu has said the Monday sit-at-home is “dead and buried.” Kanu made the remark while urging people of the Southeast to welcome the canceling of the sit-at-home order. Speaking through his lead Counsel, Ifeanyi Ejiofor, Kanu charged residents of the Southeast to reject those using…
