Bassirou Faye sworn in as Senegal president Bassirou Diomaye Faye, a left-wing pan-Africanist, was sworn in Tuesday as Senegal’s youngest president after sweeping to a first-round victory on a pledge of radical reform 10 days after he was released from prison. The 44-year-old has never before held an elected office[Read More…]
I don’t work for politicians — Sunday Igboho Yoruba nation agitator, Chief Sunday Adeyemo, popularly known as Sunday Igboho, has dismissed claims that he is collaborating with politicians, insisting that he is dedicated to the Yoruba cause, Vanguard reports. Refuting accusations of collusion with politicians, Igboho, in a statement by[Read More…]
Naira appreciates to N1,250/$ at parallel market The naira, on Monday, appreciated to N1,250 per dollar at the parallel section of the foreign exchange (FX) market. The FX rate is a 0.43 percent increase from the N1,280 recorded on March 29. Currency traders in Lagos, also known as bureau[Read More…]
CPPE back CBN’S Recapitalisation move The Centre for the Promotion of Private Enterprise (CPPE) has said banks’ recapitalisation would ensure the safety of depositors’ funds. Muda Yusuf, chief executive officer (CEO) of CPPE, made this known in a statement on Monday. The apex bank, on March 29, increased the minimum[Read More…]
Banks are in good stead to meet CBN’s recapitalisation target – ACAMB The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has assured the banking public that banks in the country have the wherewithal to meet the Central Bank of Nigeria (CBN) recent directives on recapilitalisation[Read More…]
TotalEnergies promises sustainable energy As TotalEnergies clocked 100 years, the company has promised to continue to adjust and adapt to be part of the story of energy for another 100 years. On March 28, 1924, Compagnie Française des Pétroles was founded in France, a country without any[Read More…]
BUA Foods grows profit to N112bn BUA Foods has improved profit after tax by 22.72 per cent to N112.1bn in 2023 from the N91.3bn reported in the prior year. According to its annual report and financial statements for the year ended December 2023 filed with the Nigerian Exchange Limited,[Read More…]
LASG, FAAN sign MoU on 28km road project The Lagos State Government, through the Office of Public-Private Partnerships and the State Ministry of Works and Infrastructure, has signed a Memorandum of Understanding with the Federal Airport Authority of Nigeria to build a 28km toll road. The new road[Read More…]
Tinubu jets off to Senegal for Bassirou Faye’s Inauguration as new president President Bola Tinubu will on Tuesday depart Abuja for Dakar, capital of Senegal to attend the inauguration of Senegal’s President-elect, Bassirou Diomaye Faye. A statement on Monday, Ajuri Ngelale, presidential spokesperson, said the president’s visit is[Read More…]
NCC extends NIN-SIM deadline to July 31 The Nigerian Communications Commission (NCC) has extended the deadline for the disconnection of unlinked lines from April 15 to July 31, for subscribers with more than four SIM cards. According to source from the Telecommunication sector the deadline for those with less than[Read More…]
