Category: News

Tinubu retires service chiefs, appoints new COAS, others

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President Bola Tinubu has approved the immediate retirement of all Service Chiefs, including the Inspector-General of Police from Service. Also affected are the Advisers, and the Comptroller-General of the Nigerian Customs Service. Their replacements have been announced. In a statement on Monday by the Director of Information, Office of the Secretary to the Government of the Federation, Willie Bassey, it informed that Nuhu Ribadu who only last week was appointed as the Security Adviser to the President has now been appointed as the National Security Adviser. Also, former Theatre Commander,…

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El-Rufai should be invited by DSS over Islamisation comment — MBF

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The immediate past governor of Kaduna State, Nasir el-Rufai, has been described as a dangerous politician by the North Central regional group, Middle Belt Forum, MBF, yesterday. The group also asked the Department of State Service, DSS, to invite him for questioning, in view of recent Islamisation comment credited to him. It also raised consciousness that contrary to denials, the agenda for the planned Islamisation of Nigeria was real and not a fluke. The NBF in a statement by its National Publicity Secretary, Dr Isuwa Dogo, advised President Bola Tinubu…

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Rupert takes over from Dangote as Africa’s richest man

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The Forbes Magazine on Friday, June 16, 2023, has declared South African billionaire, Johann Rupert, ”Africa’s richest man,” displacing Nigeria’s Aliko Dangote, who has held that title consecutively for 10 years. Forbes real-time Global Billionaires Ranking pegged Rupert’s net worth at $12 billion and Dangote’s at $10.8 billion. Dangote’s net worth took a massive dip due to the naira depreciation caused by the Central Bank of Nigeria’s decision to auction the dollar at a relatively lower rate than the official market price. With Johanna’s new status as Africa’s richest man,…

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My men not the Army are employed by FG to secure Abuja-Kaduna road -Asari Dokubo

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The leader of the Niger Delta Volunteer Force (NDVF), Asari Dokubo on Friday, after meeting with President Bola Tinubu at the Aso Villa, Abuja, declared that his men, “employed by Nigerian government” are the ones securing Abuja-Kaduna road and not Nigerian Army. Speaking with newsmen after the meeting, Asari-Dokubo accused the Nigerian military of blackmailing the security architecture of the country describing it as “shameful”. He said: “There is a full-scale war going on and the blackmail of the Nigerian state by the Nigerian military is shameful. They said they…

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LEADERSHIP AND FIRSTBANK’S SUCCESSFUL TRANSITIONING TO ‘CLICK’ BANKING

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In December 2015, the share price of First Bank of Nigeria Limited was trading around N4.8 band. About seven years later, precisely last December, the value held tightly to N15, growing by over threefold amid general asset and economic doldrums. The steep rise in the valuation of the financial institution deviates remarkably from the average performance of FUGAZ, an acronym describing the top five Nigerian banks by market capitalisation. In the past seven years, the share prices of the leading banks appreciated by an average of 90 per cent as…

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Naira depreciates to N664.04/$ as CBN lifts restrictions

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As The Central Bank of Nigeria, CBN, announced measures to liberalise the foreign exchange market including the elimination of multiple exchange rates, and freedom for banks to buy and sell foreign exchange at any rate based on a willing buyer and willing seller arrangement, the Naira yesterday lost almost half of its value in the official market as the exchange rate in the Investors and Exporters, I&E window rose to N664.04 per dollar from N471.67 per dollar on Tuesday, Announcing the new measures in a statement titled, “Operational Changes to…

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Man charged to court for defrauding four prostitutes with fake alert

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One Oluwafemi Damilola, has been brought before a Chief Magistrate Court in Ondo State for allegedly defrauding four prostitutes of N45,000. The victims said Damilola patronised them for sex and after offering him their services, he paid them by generating a fake alert. It was learnt that the case was reported to the police and Damilola was arrested and subsequently charged to court on two counts bordering on fraud. The police prosecutor, Akano Moremi, said the defendant committed the offence in October 2022 in the Sabo area of Ondo town.…

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Only 25% of blood transfusion demand met in Nigeria yearly -NBSC

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  According to latest figures from the National Blood Services Commission (NBSC), Nigeria is only able to produce 25 per cent – that is 500,000 – of the two million units of blood required yearly. To meet the required two million units of blood at the cost of N60,000 per unit, Nigeria needs N90 billion to produce the balance of 1.5 million. As the World mark World Blood Donor Day (WBDD) today, June 14, the theme of this year’s WBDD is: “Give Blood, Give Plasma, Share Life, Share Often”. It…

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10th N’Assembly: Tinubu’s candidates floor APC rebels, Akpabio leads Senate

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Elections at the federal parliament on Tuesday in Abuja has seen anointed candidates of the All Progressives Congress emerging as the National Assembly leaders. All the candidates, who received the backing of President Bola Tinubu and the APC, defeated aspirants, who contested the positions contrary to the zoning arrangement of the party. Senator Godswill Akpabio emerged as the President of the Senate, while Senator Jibrin Barau won the position of the Deputy President of the upper legislative chambers. At the House of Representatives, Tajudeen Abbas won the election for the…

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Ekiti based Chef Dammy surpasses Hilda Baci’s 100 hours Cook-a-thon

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Damilola Adeparusi, Ekiti-based Nigerian chef, has surpassed Hilda Baci’s 100-hour Cook-a-thon record. The chef, on Tuesday, shared the new record on her Instagram page while celebrating the feat. On June 9, 2023, the chef began her 120 hours cook-a-thon. She became a cynosure in a viral video after she reportedly completed 15 hours of the 120 hours earmarked for the cooking. While some netizens have criticised her for attempting to break Hilda’s ‘yet to be confirmed’ attempt by the Guinness World Record, some have showered praise on her for believing…

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