Author: Eberechi Constance

First Bank appoints Olusegun Alebiosu as new MD/CEO

First Bank appoints Olusegun Alebiosu as new MD/CEO Olusegun Alebiosu has been appointed as the Acting Managing Director/Chief Executive Officer of First Bank of Nigeria Limited (FirstBank Group), effective April 2024. Alebiosu steps into this pivotal role from his previous position as the Executive Director, Chief Risk Officer, and Executive[Read More…]

Ihedioha resigns membership of PDP

Ihedioha resigns membership of PDP Former governor of Imo State, Emeka Ihedioha, has resigned from the Peoples Democratic Party (PDP). The ex-governor announced his resignation in a letter dated April 23 addressed to the PDP chairman at Mbutu Ward, Aboh Mbaise Local Government Area of Imo State, according to a[Read More…]

Dangote Crashes Diesel, Aviation Fuel Prices

Dangote Crashes Diesel, Aviation Fuel Prices     Dangote Petroleum Refinery has again announced a further reduction in the prices of both diesel and aviation fuel to N940 and N980 per litre, respectively. This is coming at the wake of its widely celebrated earlier price reduction to N1,000 barely two[Read More…]

FG to sell 5 electricity distribution companies managed by Banks to Technical Power Operators

FG to sell 5 electricity distribution companies managed by Banks to Technical Power Operators     The federal government says it would sell off five electricity distribution companies (DisCos) under the management of banks and Asset Management Corporation of Nigeria (AMCON) in the next three months to technical power operators.[Read More…]

Nigeria: The Changing Governance Story

Nigeria: The Changing Governance Story           With a 24-hour news cycle that tends to focus mainly on distasteful narratives, several Nigerians have been made to accept the view that nothing good is happening in their country. Those who rely on the mainstream media and social media[Read More…]