A Rivers State High Court sitting in Isiokpo Division, Ikwerre Local Government Area, has issued an interim order restraining the Rivers State House of Assembly and the Speaker, Martins Amaewhule, from carrying out any action with respect to the impeachment of Governor Siminalayi Fubara. Also restrained are the Deputy Speaker, …
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BAFI Awards: LAPO MfB Wins Microfinance Bank Of The Year
LAPO Microfinance Bank Limited, a premium microfinance institution in Nigeria wins the “Microfinance Bank of the Year” 2023 Businessday Banks’ and other Financial Institutions’ (BAFI) Awards. In a press release issued by the bank , Oluremi Akande, Director, Communications & Branding, said “LAPO Microfinance Bank has won this award category …
Read More »BREAKING: NLC President, Joe Ajaero Arrested In Imo
IMO State Police Command operatives have arrested the President of Nigeria Labour Congress (NLC), Joe Ajaero. Trojan News Media understands that Ajaero was whisked away by the Police at the ongoing protest in Imo state. According to Vanguard, the development took place as hoodlums descended on protesters, smashing vehicles and inflicting …
Read More »Why I Mocked Comedian AY When His House Got Burnt – Seun Kuti
GRAMMY-nominated afrobeat singer, Seun Kuti, has revealed why he mocked comedian, Ayo Makun, aka AY, over the fire outbreak that razed his multimillion-naira mansion in Lagos. He said he mocked the comic star over his ordeal because he cracked jokes with his altercation with police and prison ordeal, and even …
Read More »Polaris Bank Loses N26bn Loans Granted To 6 Ex-directors Without Collaterals
…one ex-director with N31bn loan placed on watchlist POLARIS Bank has lost N26.005 billion worth of loans granted to 6 ex-directors, mostly without collaterals. Economy Post found from the bank’s 2022 annual report that 5 out of the six ex-directors did not perfect their collaterals before receiving the loans from …
Read More »2023 CAF Player Of The Year: Victor Osimhen Battles Salah, Mane, Mahrez
NAPOLI striker Victor Osimhen is in the running for the 2023 CAF Men’s of the Year award. Osimhen is among the 30 players nominated for the award. Mohamed Salah, Riyad Mahrez, Sadio Mane, Achraf Hakimi and Hakim Ziyech are among the other top nominees for the award. Osimhen is the …
Read More »How Elumelu’s Heirs Holdings Borrowed N41.8bn From UBA At Far Lower-than-market Interest Rate
TONY Elumelu’s Heirs Holdings got loans totalling N41.823 billion from the United Bank for Africa (UBA) at 15 percent interest rate, Economy Post has found. Elumelu is both the chairman of UBA and Heirs Holdings. He is also the founder of Tony Elumelu Foundation. Findings showed that as of December …
Read More »NIMASA DG, Jamoh, Engages In Contract-award Bazaar In Twilight Of Tenure
NIMASA DG, Bashir Jamoh DIRECTOR General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Bashir Jamoh, has awarded contracts valued at $10,000,000 [about N9 billion] The contract awards, THE CONCLAVE reports, took place in the twilight of the administration of Jamoh, whose tenure expires in another three months from …
Read More »EFCC Officials Storm OAU, Arrest Over 70 Students
OFFICIALS of the Economic and Financial Crimes Commission (EFCC) have reportedly arrested more than 70 students of Obafemi Awolowo University Ile-Ife, Osun State. Reports obtained by Naija News on Wednesday morning revealed that the anti-graft agency officials raided the hostels located outside the campus at midnight. Trojan News Media, various …
Read More »Between Wike And Gumi, Who Really Owns Abuja? By Lasisi Olagunju
By Lasisi Olagunju BEFORE Abuja, there was Lagos as our Federal Capital. And this is where I would want to believe that there is something about our North and Federal Capital Territories. Before independence and immediately after independence, Lagos had a succession of two ministers of Lagos Affairs, both were …
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