THE new Managing Director/ Chief Executive Officer of the Nigeria Social Insurance Trust Fund (NSITF) Barr. Oluwaseun Faleye and the Executive Director, Operations, Rt. Hon. Mojisolaoluwa Alli-Macaulay have assumed duties. In a short handover ceremony at the headquarters of the Fund on Tuesday, Barr. Faleye said his mission was to …

UN Deputy Secretary-General Amina Mohammed arrived in Senegal on Tuesday, the first stop on a mission to West African countries. Mohammed is in West African countries to take stock of the challenges in delivering the Sustainable Development Goals (SDGs) and work with the stakeholders to find pathways towards acceleration. Her …

Operatives of the Nigerian Navy Ship Beecroft have arrested eight suspected stowaways during their attempt to board two-speed boats. Unknown to the suspects, the patrol team of NNS Beecroft had sighted them during a patrol conducted on July 13, 2024. With the latest arrest, NNS Beecroft which is in Lagos …

Stiffer measures to cut raw mineral exports and boost value addition topped talks among African ministers of mining at the Ministerial Roundtable held yesterday to flag off the annual Africa Natural Resources and Energy Investment Summit (AFNIS) in Abuja. The measures include an upward review of license fees, royalties and …

Guo Wengui, a self-exiled Chinese business tycoon whose criticism of the Communist party won him legions of online followers and powerful friends in the American conservative movement, was convicted by a US jury on Tuesday of engaging in an enormous multi-year fraud that ripped off some of his most devoted …

Access Bank has collaborated with the Dutch Entrepreneurial Development Bank (FMO) to sign a syndicate Tier II Facility agreement valued at $295 million (approximately N442,500,000,000). According to a statement from the Bank, the agreement highlighted a longstanding and successful relationship that had spanned over two decades and represented a crucial …

THE International Monetary Fund, IMF, on Tuesday downgraded its forecast for Nigeria’s economic growth in 2024 to 3.1 percent citing weaker growth recorded in the first quarter of the year, Q1’24. The new forecast was contained in the July 2024 World Economic Outlook of the IMF released, on Tuesday. The …

Justice Emeka Nwite of the Federal High Court, Abuja, has issued a bench warrant for the arrest of Dr Abraham Ehizojie, the Medical Doctor at the health facility of the Kuje Correctional Centre, over alleged refusal to produce the medical report of the detained executive of Binance Holdings Ltd, Tigran …

NILE University of Nigeria has achieved a significant milestone, receiving full accreditation for 10 of its academic programmes from the National Universities Commission (NUC). This recognition follows the October/November 2023 national accreditation exercise conducted by the NUC to ensure a minimum academic standard for all programmes taught in Nigerian universities. …

KANO State governor, Abba Yusuf, has reinstated Emir of Gaya, Alhaji Aliyu Abdulkadir Gaya, and approved the appointment of two other second-class Emirs for Rano and Karaye. In a statement by the governor’s spokesperson, Sanusi Tofa, Yusuf noted that emirs in the new emirates would serve as second class emirs …