President Bola Tinubu has directed the Ministry of Education to include graduates of the National Open University, NOUN, in the National Youth Service Corps scheme. Tinubu also resolved the longstanding admittance of NOUN Law graduates to participate in Law School in the country for equal opportunities. He made the disclosure during his presentation at the 13th convocation ceremony of NOUN on Saturday, ...

About 9:30 am today, the 17th day of April 2024, persons who described themselves as officers of the Economic and Financial Crimes Commission (EFCC) arrived the Wuse Zone 4 Residence of His Excellency, Alhaji Yahaya Bello to effect his arrest. This is despite a subsisting Order of injunction granted on 9th February 2024 by the High Court of Justice, Lokoja ...

–Declares a final dividend of 60kobo per share Lagos, Nigeria, April 16, 2024: Leading financial institution, Fidelity Bank Plc, has released its 2023 full year Audited Financial Statements, reporting a 131.5% growth in Profit Before Tax to N 124,26 billion. According to the results, which was issued to the Nigerian Exchange (NGX) today, the bank grew Gross Earnings by 64.9% ...

In a country with short-lived corporate excellence and a handful of centenary companies, hitting 130 years is undoubtedly a significant milestone for Nigeria’s premier financial institution, FirstBank. GEOFF IYATSE writes. Experience, they say, comes with age. Nothing else aptly defines the consistent growth of First Bank of Nigeria Limited (FirstBank) and its consistent reinvention as the conscience of corporate Nigeria ...

Zenith Bank Plc has announced its audited results for the year ended December 31, 2023, achieving a remarkable triple-digit growth of 125% in gross earnings from NGN945.6 billion reported in 2022 to NGN2.132 trillion in 2023. According to the audited financial results for the 2023 financial year presented to the Nigerian Exchange (NGX), this impressive triple-digit growth in gross earnings ...

Allen Onyema, chairman of Nigerian indigenous carrier Air Peace, has voiced concern over alleged conspiracy among foreign carriers operating the Nigeria-UK route. He claimed that these carriers are deliberately undercutting airfares on the route as part of a scheme to push Air Peace out of international operations. During an appearance on Channels Television’s Politics Today program, Onyema asserted the existence ...

No fewer than five firms have been linked with former Central Bank of Nigeria (CBN) Governor Godwin Emefiele in the latest 26-count charge of alleged fraud and corruption filed against him by the Economic and Financial Crimes Commission (EFCC). At least four of the firms have Lagos addresses, our investigations can reveal. The four firms are NIPCO Plc, Source Computer ...

The federal government has approved Thursday April 11 as an additional public holiday for this year’s Eid-el-Fitr celebration. Aishetu Ndayako, permanent secretary in the ministry of interior, disclosed this in a statement on Tuesday.   More to follow…

The Central Bank of Nigeria (CBN) has crashed the exchange rate for Bureau De Change (BDC) operators to N1,101 per dollar from N1,251/$1, following rising inflow of the greenback into the country. The apex bank also planned to sell $15.88 million to 1,588 eligible BDCs. At this rate, the BDCs would sell at not more than 1.5 per cent margin ...

The Federal Government has declared Tuesday and Wednesday, April 9 and 10, 2024, as public holidays to mark the Eid-el-Fitr celebration. The Minister of Interior, Olubunmi Tunji-Ojo, disclosed this in a statement on Sunday by the ministry’s permanent secretary, Aishetu Ndayako. The minister congratulated all Muslims for the successful completion of the fasting in the holy month of Ramadan. Tunji-Ojo ...