NewsReports

The founder of Stanbic IBTC Bank, Atedo Peterside, said investors who value the rule of law have been running away from Nigeria. Peterside made this assertion in a statement via his X handle (formerly Twitter) on Thursday. According to him, businesses that value rule of law, policy consistency, macroeconomic stability, and a level playing field would continue to depart from …

President Bola Tinubu will grace the Chief of Army Staff (COAS) Annual Conference as Special Guest of Honour. The conference is scheduled for December 10 to 16, at Command Guest House, Maiduguri, Borno State, according to a statement by Army spokesperson, Brig.-Gen. Oyenma Nwachukwu. According to Nwachukwu, the week long annual event themed “Personnel Motivation for Effective Operational Performance in …

The Nigerian democracy is not progressing as it should because those who fought for it allowed those who knew nothing about it to take over power when the country returned to democracy in 1999, Senator who represented Kaduna Central Senatorial Zone in the 8th Assembly, Shehu Sani has said. The Kaduna-based human Rights Activist turned politician however noted that there …

Images from Gaza circulating on social media Thursday showed a mass detention by the Israeli military of men who were made to strip to their underwear, kneel on the street, wear blindfolds, and pack into the cargo bed of a military vehicle. The exact circumstances and dates of the detentions are unclear, but some of the detainees’ identities were confirmed by colleagues or family …

Senate President, Godswill Akpabio, says the National Assembly will give priority to bills and laws concerning Persons With Disabilities to ensure their inclusivity in the affairs of the country. Akpabio stated this in his remark at the commemoration of the International Day for PWDs on Wednesday in Abuja. The 2023 commemoration of the Day with the theme ‘Renewing Hope Together …

• Project worth billions of naira, delayed for efficiency, says FPRO• ‘We buy our own uniforms, officers’ welfare not police priority’• Lawmakers consider auction of ‘squalid quarters’ Seven months after handing quit notice to 22,500 police officers living in the 25 barracks marked for demolition by the Lagos State government, the Nigeria Police Force (NPF) is yet to effect payment …

•Restates commitment to its full implementation  •Policy prioritises customer satisfaction, others The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, yesterday approved the reviewed Service Charter of the bank. The Charter is a requirement of the Business Facilitation Act (BFA) 2022, for driving the ease of doing business in the country. The central bank governor said the …

US consumer goods powerhouse Procter & Gamble (P&G) will discontinue manufacturing in Nigeria and pivot to import-only activity, the company said Tuesday. The multinational expects $2.5 billion in charges over the next two years from rejigging operations in some of its markets and writing down the value of its Gillette business. The maker of iconic brands including Pampers, Gillette, Ariel, Always and …

‘Accidental bombing of Kaduna village should not demoralise you’ The Minister of State for Defence, Bello Matawalle, has urged the military to remain focused in its battle against terrorists. He said Sunday’s accidental bombing of civilians in Kaduna State should not dampen their fighting spirit. The minister, who regretted the incident, noted that despite what had happened, the fight against insurgency …

•Flays lack of development synergy between Nigeria and Benin •Republic   Beninese president advocates free movement of people, goods President Bola Tinubu, yesterday, likened the relationship between Nigeria and Benin Republic to the connection between conjoined twins held together at the hip. Tinubu made the assertion when he received President Patrice Talon of Benin Republic at State House, Abuja. The Nigerian …