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Betta Edu Is Out of Tinubu’s Cabinet – Presidency

THE Presidency has officially ruled out any possibility of former Minister of Humanitarian Affairs and Disaster Management, Betta Edu, returning to President Bola Tinubu’s cabinet. The announcement came from presidential spokesperson Bayo Onanuga during his appearance in Sunday’s edition of Channels Television’s Politics Today. This declaration ends months of speculation …

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See The States Yet To Implement N70,000 Minimum Wage

IN July 2024, President Bola Tinubu approved a new national minimum wage of N70,000 for civil servants, with a commitment to review it every three years. While the directive was met with pledges from some states to implement the new wage by the end of October or November 1, others …

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Why Yahaya Bello Is Still Hiding – Onanuga

THE Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, has explained why security agencies have not been able to arrest the embattled past governor of Kogi State, Yahaya Bello. Onanuga, while giving the explanation on the Sunday edition of Inside Sources with Laolu Akande, a socio-economic …

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Recapitalisation: FBN Holdings Offers N150bn Rights issue

FBN Holdings Plc has opened its rights issue, offering 5.983 billion ordinary shares at 50k each, priced at N25 per share, totalling N150 billion, to existing shareholders. This offering is based on one new ordinary share for every six ordinary shares held as of October 18, 2024. The Chairman of …

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The shuffle in Abuja, By Lasisi Olagunju

(Monday Lines published in the Nigerian Tribune on Monday, 28 October, 2024) Patient walks unaided into the doctor’s consulting room. Patient soon suffers mismanagement. She goes pale and jerky, unconscious. Doctor gives his best shot – or so he claims. Patient is not responsive. Doctor strolls off, leaving the patient …

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Oil Prices Fall After Iran Downplays Israeli Strikes

Oil prices tumbled more than $3 a barrel on Monday, October 28, 2024, after Israel’s retaliatory strike on Iran over the weekend bypassed Tehran’s oil and nuclear facilities and did not disrupt energy supplies. This eased geopolitical tensions in the Middle East. Both Brent and United States West Texas Intermediate …

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