Former Information Minister, Mr Frank Nweke Jnr on Saturday declared interest in the Enugu State governorship seat under the platform of the All Progressives Grand Alliance (APGA). It would be recalled that Nweke recently decamped to the APGA from the Peoples Democratic Party (PDP). He had picked the APGA Governorship Form earlier on April 5 from the party’s headquarters in Abuja. Disclosing his intention to supporters and party faithful in Enugu, the former minister promised to serve with diligence, transparency and accountability. Nweke, who is a two-time minister, noted that he was poised to contest the position, as his life’s…
Author: Newsdesk
The Central Bank of Nigeria (CBN) has grant DLM Capital, a Development Investment Bank, final approval to acquire Links Microfinance Bank. The Group Chief Executive Officer, DLM Capital Group, Mr Sonnie Ayere disclosed this in a statement on Saturday. Ayere said the approval would further solidify the group’s much awaited digital banking entrance and launch. He said the approval would transition the investment bank as one of the players in the industry that had expanded into a financial institution providing different types of services. Ayere said the approval would also help to position the bank as a full-fledged financial services…
The Nigerian government says the process of restoring power supply following the national grid collapse at 6.30pm on Friday, is ongoing. The Minister of Power, Mr Abubakar Aliyu gave the assurance in a statement by his Special Adviser (Media), Mr Isa Sanusi on Saturday. He noted that some sections of the national grid had been energised already and supply restored to consumers. “We wish to notify the general public of the incidence of a system collapse which occurred at 18:30hrs on April 8, resulting in power outages in many parts of the country. “A detailed investigation into the immediate and…
Anambra state governor, Prof. Charles Soludo has sworn in 20 commissioners selected across the 21 local government areas of the state, to help him achieve all his electoral promises to the electorates. The list of commissioners was sent to the state house of assembly for confirmation on Thursday, April 7, and they were all confirmed before inauguration on Saturday. Those who made the list are Mr Ifeatu Onejeme, a former commissioner during the administration of former Gov. Willie Obiano was appointed Commissioner for Finance. Prof Offonze Amucheazi was made Commissioner for Lands; Mr Ifeanyi Okoma, an Engineer, Commissioner for Works…
Twitter’s newest board member and largest stakeholder Elon Musk tweeted Saturday to ask if the social media network was “dying” and to call out users such as singer Justin Bieber, who are highly followed but rarely post. “Most of these ‘top’ accounts tweet rarely and post very little content,” the Tesla boss wrote, captioning a list of the 10 profiles with the most followers — a list which includes himself at number eight, with 81 million followers. “Is Twitter dying?” he wrote. Former US President Barack Obama appears at the top with 131 million followers, followed by stars such as…
An acting Managing Director of Federal Mortgage Bank of Nigeria has been appointed. He is Mr Kabir Yagboyaju. His appointment followed the expiration of the five-year tenure of Mr Ahmed Dangiwa on Friday, April 8, 2022. The Head, Corporate Communications, FMBN, Mr Lawal Sauri made this known in a statement on Saturday in Abuja. According to Sauri, the formal handing over ceremony was at the bank’s Corporate Headquarters in Abuja and in attendance was the Chairman, FMBN Board of Directors, Mr Ayodeji Gbeleyi. Prior to his appointment as the acting Managing Director, FMBN, Mr Yagboyaju was the most senior General…
The Minister of Transportation, Rotimi Amaechi on Saturday declared his interest to contest the presidential election in 2023. Amaechi addressed his supporters and leaders of the All Progressives Congress (APC) in a speech titled, “Forward With Courage” at a thanksgiving service held at the Adokiye Amiesimaka Stadium in Port Harcourt, the Rivers State capital. Giving insight into his service to the nation, Amaechi said he did not arrive at the decision with ease. “I did not come to this decision lightly; I have served our nation for the last seven years as minister of transportation. “Eight years before that, I…
… Says INEC’s June deadline unrealistic The Coalition of Northern Groups (CNG) has raised the alarm on the risk of the North slipping further down the brink of irrelevance, impotence, inconsequence and permanent decay with the low rate of voter registration by northerners. The statement signed by CNG’s Spokesperson, Abdul-Azeez Suleiman, while noting that the June deadline for the exercise set by INEC may not be realistic, warned that while key Southern leaders are on a deliberate drive to close the registered voters gap between the North and South, regrettably the usual enthusiasm to maintain its voter strength is waning…
The Central Bank of Nigeria of Nigeria (CBN) said it would begin payment of N65 rebate to exporters who sold their goods through the importers and exporters (I&E) window, at the end of the first quarter. CBN Governor, Godwin Emefiele, said this shortly after signing the Term Sheet between the Infrastructure Corporation of Nigeria (InfraCorp) and the Independent Asset Managers, on Friday in Lagos. The apex bank had in February announced policies, plans and programmes for non-oil exports that would enable Nigeria earn 200 billion dollars in foreign exchange repatriation. The RT200 FX Programme, which stands for the “Race to…
The board of the Academy of Motion Picture Arts and Sciences on Friday banned Will Smith from attending the Oscars or any of its events for the next 10 years for slapping comedian Chris Rock on stage during the recent awards ceremony. The Board’s decision is contained in the letter signed by the president, David Rubin and CEO Dawn Hudson, did not however revoke the best actor award Smith won last month for “King Richard,” nor did it mention any ban on future Oscar nominations. “The Board has decided, for a period of 10 years from April 8, 2022, Mr.…