(AFRICAN EXAMINER) – The Nigeria Deposit Insurance Corporation (NDIC) has announced plans to pay 2.3 million depositors of Heritage Bank approximately N650 billion starting this week. This move follows the recent withdrawal of Heritage Bank’s operating licence by the Central Bank of Nigeria (CBN) NDIC Managing Director Mr. Bello Hassan made this announcement during a […]
(AFRICAN EXAMINER) – The Senate has approved a bill seeking improved salaries, allowances, and fringe benefits for the Chief Justice of the Federation (CJN), Justice Olukayode Ariwoola; and other judicial office holders in Nigeria by 300 per cent, as the bill scaled third reading on Wednesday. The approval followed the adoption of a report by […]
(AFRICAN EXAMINER) – The Kano State Government has issued quit notices to businesses occupying all public parks and gardens in the state. The move aims to reclaim these spaces for public use, fostering relaxation and ecological balance. Speaking at a news conference on Wednesday in commemoration of World Environment Day, the State Commissioner for Environment, […]
(AFRICAN EXAMINER) – The presidential candidate of the party in the 2023 general elections, Peter Obi, has said that the Obidient Movement is beyond a political party and cannot be cubby hole into one. He said the membership of the Obidient Movement cuts across the political parties, sex, tribe, religion, or geopolitical area, adding that […]
…Targets 5% Increase in Market Share through EPC Projects (AFRICAN EXAMINER) – The NNPC Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC Ltd), has announced a 137 per cent increase in operating profits for the year 2023. This was disclosed by the Chairman of the company’s Board of […]
…To Seek Seek N100 Billion Naira Compensation (AFRICAN EXAMINER) – Irked by the recent demolition of her structures and properties valued several Billions at its Corporate headquarters in Enugu by the governor Peter Mbah led government despite a Court Order, Ohha Microfinance bank, has begun move to drag the state to Court over the action, […]
By Ignatius Okpara, Enugu (AFRICAN EXAMINER) – Life they say is a stage, and characterized by ups and down. In it, there is time for merrimaking and jollification, as well as gnashing of teeth, sorrowing, and weeping. For some classes of people, especially the poor in the society, life is meaningless and not worthy of […]
(AFRICAN EXAMINER) – Former Vice President, Atiku Abubakar, has slammed President Bola Tinubu’s administration for allegedly reintroducing fuel subsidy payment through the backdoor and telling Nigerians otherwise. Atiku, the Peoples Democratic Party (PDP) presidential candidate in the 2023 elections, disclosed this in a statement uploaded on his X on Wednesday, June 5, 2024. It is […]
(AFRICAN EXAMINER) – The Shell Petroleum Development Company of Nigeria Limited, (SPDC,) and its Partner spent more on Social Investments in 2023 with a total of $42.2 million. This was contained in a press statement signed by Communications, Media and NGO Relations Manager of Shell, Bamidele Odugbesan. According to the press release, Shell and it’s […]
(AFRICAN EXAMINER) – President Bola Tinubu has congratulated Ms. Claudia Sheinbaum on her historic election as the first female President of the United Mexican States (Mexico). Presidential Spokesman, Chief Ajuri Ngelale, in a statement issued on Wednesday, said Sheinbaum won the Mexican presidential election by a landslide, becoming the first female President in the country […]
(AFRICAN EXAMINER) – The ad hoc committee set up by the Kaduna State House of Assembly to investigate all finances, loans and contracts awarded under the former governor, Nasir El-Rufai has submitted its report to the House. Presenting the report during plenary on Wednesday, the chairman of the ad hoc committee, Henry Zacharia, said that […]
(AFRICAN EXAMINER) – The House of Representatives has ordered an investigation into the alleged spending of the frontier exploration fund by the Nigerian National Petroleum Company Limited (NNPCL). These areas include regions like Anambra, Dahomey, Bida, Sokoto, Chad, and Benue where hydrocarbon exploration is yet to occur or remains undeveloped. The PIA further stated that […]
(AFRICAN EXAMINER) – A Kano State High Court on Wednesday granted an order to serve the National Chairman of the All Progressive Congress (APC), Abdullahi Ganduje, and other defendants in a high-profile bribery and corruption case through substituted means. A 10-count charge was brought against Ganduje, his wife Hafsat Umar, and several associates, by the […]
(AFRICAN EXAMINER) – The House of Representatives has called on the Federal Government to redirect the focus of its negotiation with labour, from fixing a minimum wage, to fixing a realistic living wage in line with current market realities. The motion was moved during a session at the National Assembly on Wednesday. The Minority Leader, […]
(AFRICAN EXAMINER) – The Lagos State Police Public Relations Officer, SP Benjamin Hundeyin, has refuted claims concerning the alleged kidnapping of a Lagos Divisional Police Officer. In a statement uploaded on his official X handle on Wednesday, Hundeyin stated that the DPO in question is safely at his office and effectively carrying out his duties […]
(AFRICAN EXAMINER) – Billionaire businessman, Femi Otedola, on Wednesday had called out the chairman of Zenith Bank, Jim Ovia, over fraud and sent netizens on social media glued online as they observe the situation. It is worth recalling that before now, both Femi Otedola and Jim Ovia have been at loggerheads over an alleged multi […]
(AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) says there are no plans to withdraw the licenses of three banks. A press statement by the banks Acting Director of Corporate Communications, Haka Sidi-Ali, said, “The attention of the Central Bank of Nigeria (CBN) has been drawn to some information circulating in the public domain, […]
(AFRICAN EXAMINER) – Following a review meeting held with stakeholders, the Independent Electoral Commission (INEC), said it has extended voters’ registration for Edo and Ondo States respectively. Registration was earlier slated to end on the 5th of June, 2024 in the two states. However, a statement by the commission said following appeals by stakeholders, the […]
(AFRICAN EXAMINER) – The Organised Labour has vowed to reject any lean addition to the ₦60,000 offer by the tripartite committee on the new minimum wage. The President of the Trade Union Congress (TUC), Festus Osifo, stated this on Channels Television’s Politics Today programme on Tuesday, hours after the Organised Labour comprising the TUC and […]
(AFRICAN EXAMINER) – The Nigeria Labour Congress has disclosed that the ongoing nationwide strike will continue despite the agreement signed with the Federal Government at Monday’s meeting. The congress, in a post on X, on Tuesday said the industrial action which has grounded the nation’s economy will continue until Tuesday’s meeting of organs of the […]
