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Author: Amina Mohammed
Mr Femi Otedola, has increased his stake in FBN Holdings, with the additional purchase of N546, 674, 034 units of shares valued at N12.01 billion. Information from the Nigerian Exchange Limited, NGX on Thursday revealed that Otedola bought the shares through Calvados Global Services Limited for N21.97 per share at the Exchange. Otedola before now had a 7.01% stake in the bank, behind Oba Otudeko’s Barbican Capital Limited which holds an 8.67% stake. Otedola has had investments in port agency, shipping, storage and insurance brokerage. In 2007, he acquired a controlling interest in African Petroleum, which later metamorphosed into Forte…
Former Deputy Speaker of the House of Representatives Rt. Hon Chibudom Nwuche, has attested to the character, work ethic and capacity of the Minister of the Federal Capital Territory (FCT), Chief Nyesom Wike. He said the minister has within the short period in office replicated the sterling performance he was known for in Rivers State. Nwuche said this while playing host to stakeholders and supporters across party lines at his Ochigba Country home in Ahoada East Local Government Area of Rivers state, on Thursday. The stakeholders had during the visit assured him of their loyalty to him as their leader…
The Federal High Court sitting in Kano and presided over by Justice A. M. Liman, has set aside the reinstatement of Muhammadu Sanusi II as the 16th Emir of Kano. The court refused to nullify the Kano Emirate Council law but set aside steps by the state government in pursuant of the law. The judge, Justice Liman, however, ordered that status quo be maintained.
The Super Eagles have experienced a decline in the latest FIFA men’s ranking, which was released on Thursday morning. The three-time African champions dropped eight places from 30th position to the 38th position in the FIFA ranking. Following a 1-1 draw against South Africa’s Bafana Bafana in Uyo, Akwa Ibom State, and a subsequent 2-1 defeat to Benin Republic in a match held in Ivory Coast, the Super Eagles faced challenges in their 2026 FIFA World Cup qualifying campaign. Nigeria also dropped two places and is now ranked fifth behind, Morocco, Senegal, Egypt, and Cote d’Ivoire, respectively. World champions Argentina…
The Towulade of Akinale in Ewekoro local government area of Ogun State, Oba Olufemi Ogunleye, has passed away at the age of 79. Oba Ogunleye, a distinguished journalist with experience at the old Daily Times of Nigeria and retired as the General Manager, Public Relations of the defunct Nigeria Airways, was first appointed as the Baale of Akinale in 2004 by former Governor Gbenga Daniel. He was later elevated to the position of Oba in 2006 during the same administration. According to sources close to the late monarch, Oba Ogunleye had been unwell for some time and was recently admitted…
International award-winning singer, David Adeleke, popularly known as Davido, has dragged Sophia Momodu, the mother of his first child, Imade, to court, seeking custody of the daughter. In an originating motion filed by his lawyers, Dr Olaniyi Arije, Okey Barrah and others, at the Lagos State High Court, dated April 17, 2024, Davido is praying the court for “an order granting joint custody of Miss Imade Adeleke to the applicant.” In the alternative, the singer prayed to the court for “an order granting to the applicant unfettered and unrestricted access to Miss Imade.” The suit, marked LD/1587PMC/2024, has as applicant…
Dr. Folasade Yemi-Esan, the current Head of the Service of the Federation (HoCSF), is set to retire on August 14, 2024. This announcement came from Mallam Mohammed Ahmed, the Director of Communications at the HoCSF office, during a gathering with media leaders as part of the 2024 Civil Service Week Celebrations. Mohammed Ahmed noted that this event marks Dr. Yemi-Esan’s final engagement as the HoCSF, coinciding with her upcoming 60th birthday on August 13, 2024. Daily Trust highlighted the theme of this year’s Civil Service Week as ‘Educate an African Fit for the 21st Century: Building Resilient Education Systems for…
The Bayelsa State House of Assembly, has fixed tomorrow (Thursday) for the screening and confirmation of 13 additional Commissioner nominees. Governor Douye Diri had sent a letter containing the 13-man list of commissioner nominees to the House requesting for their screening and confirmation. Among the nominees are two former members of the State House of Assembly, namely, Hon. Alfred Watson Belemote and Ebi Ben Ololo. Also on the list are Chief Thompson Amule and Alalibo West, immediate past commissioners in the Diri’s cabinet. Others include Prof Seiyefa Brisibe, Geku Godspower (a former Secretary, Bayelsa State PDP), Mandy Sylvanus Akpalo, Prof.Bekei…
The Police Service Commission (PSC) on Wednesday called on President Bola Tinubu to immediately sack the Inspector-General of Police (IGP), Kayode Egbetokun for undermining the police recruitment process. PSC also faulted the alleged corruption levelled against the PSC. Briefing reporters in Abuja, Chairman of the Association of Senior Civil Servent of Nigeria (ASCSN) and Joint Union Congress of the Police Service Commission (PSC), Adoyi Adoyi expressed displeasure over what he described as false allegation against the PSC. The IGP, at the weekend through a statement issued by the Force Public Relations Officer, ACP Olumuyiwa Adejobi, alleged the recruitment process was…
In a significant move aimed at balancing tougher immigration enforcement with more humane policies, President Joe Biden announced new rules that could positively impact many Nigerian families seeking visas to the United States. The announcement is particularly beneficial for Nigerians married to U.S. citizens, offering them a streamlined path to citizenship and providing relief to thousands who have been waiting for a chance to regularize their status. The new rules will not expand eligibility for permanent residency but rather streamline the process for those who already qualify. Speed Painting, like medicine, leaves no room for error — Dr. Ojeabuo, A…
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