NewsReports

Barring any last-minute change of plans by the board of First Bank of Nigeria Plc, Olusegun Alebiosu, the currentexecutive director/chief risk officer/executive compliance officer of the bank, will succeed Adesola Adeduntan, who resigned as managing director yesterday after nine years at the helms. Reliable sources familiar with the matter said the board of the bank has approved Mr Alebiosu’s appointment and …

“Yes, we will do anything for the poor man; anything but get off his back.” — Leo Tolstoy, 1828-1910. If the first year of  Tinubunomics is an indication of what is in store for the middle class and the poor people of Nigeria, then, it is time to abandon hope. Information available to us daily proves beyond reasonable doubt that …

Josiah Majebi is the fifth Chief Judge of Kogi State (in North-Central Nigeria) in four years. He has been in office as substantive Chief Judge since the beginning of February 2023, having acted in that role since June 26, 2022 when his predecessor, Richard Olorunfemi, retired. Henry Olusiyi served in that office for just under seven months from the end of …

With the Ibadan security breach, the police and other units of the intelligence community have once more been exposed for their gross incompetence. Secessionists under the aegis of Ominira Yoruba 22 stormed Ibadan and tried to seize the Oyo State Government Secretariat on 13 April. Their ultimate ambition was the violent takeover of the state’s House of Assembly and Government …

Edo State Governor, Mr. Godwin Obaseki, has commended members of the Nigerian Institute of Estate Surveyors and Valuers (NIESV) for the sustained partnership and collaboration with the state government, leading to the successes recorded in the last seven and half years. Obaseki said this during a gala night organised by the Institute to mark the end of its 54th Annual …

African leaders, diplomats, civil society, multilateral, multinationals to attend Heads of state and government and high-level government officials across Africa, representatives of international organisations and multilateral institutions, members of the diplomatic corps, and members of civil society groups are expected to storm Abuja tomorrow, Monday, April 22, as President Bola Tinubu opens the African Counter-Terrorism Summit in the FCT. Ms. Amina Mohammed, the United Nations Deputy Secretary-General, …

The Central Bank of Nigeria, CBN said the apex bank is assiduously to achieve a stable foreign exchange (FX) rate. Yemi Cardoso, CBN governor stated this during a press conference held at the annual meetings of the International Monetary Fund (IMF) and World Bank Group. Cardoso said the financial regulator is also working to ensure that the exchange rate finds …

Exactly who were the ‘marauders’ that chairman of the Peoples Democratic Party (PDP) Governors’ Forum, Bauchi State Governor, Bala Mohammed, referred to as being active within the party, who were intent on taking away a faction for the purpose of consummating a coalition in preparation for 2027? “We are aware that there are some marauders hanging around somewhere, trying to factionalize …

…elections in 13 wards, Okitipupa today Following the late arrival of materials and personnel to 13 wards in Okitipupa council area of Ondo state, the All Progressive Congress governorship Primary Election Committee, has rescheduled the exercise for Sunday, April, 21. Recall that the party, held the governorship primary election across the 203 wards in the state on Saturday, April 20. …

NEW YORK — Donald Trump’s hush money criminal trial shifts to opening statements Monday, followed by the start of witness testimony. A jury of seven men and five women, plus six alternates, was picked last week. The trial centers on allegations the former president falsified his company’s internal records to obscure the true nature of reimbursement payments to his former fixer and lawyer Michael Cohen, …