The Presidency has clarified that former Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and former Minister of Housing and Urban Development, Ahmed Dangiwa, resigned from their positions and were not removed from office. This was disclosed in a statement issued on Wednesday in Abuja by Presidential Spokesperson, Bayo Onanuga. According to…
By Seun Ibiyemi The Federation Account Allocation Committee (FAAC) has distributed a total of ₦2.036 trillion among the Federal Government, state governments, and Local Government Councils (LGCs) for March 2026. The revenue sharing was finalised at the committee’s April meeting held in Abuja, according to a communiqué issued at the end of the session. The…
By Seun Ibiyemi Guaranty Trust Holding Company Plc (GTCO)has announced the 9th edition of its flagship Food and Drink Festival, scheduled to take place from May 1 to May 3, 2026, at the GTCentre in Oniru, Lagos. With the theme “Everything Food and Drink,” the 2026 edition is set to showcase a broad spectrum of…
By Seun Ibiyemi Chelsea Football Club have dismissed manager Liam Rosenior following a run of five consecutive Premier League defeats, the club confirmed on Wednesday. Rosenior, 41, had been in charge for just over three months after joining Chelsea from French side RC Strasbourg Alsace, which is affiliated with the club’s American ownership structure. The…
By Seun Ibiyemi The Government of Sierra Leone, in collaboration with the West African Health Organisation, has announced the hosting of the 27th Ordinary Session of the ECOWAS Health Ministers’ Assembly scheduled to take place in Freetown from 20 to 25 April 2026. The announcement was made at a joint press conference ahead of the…
…As CGC Adeniyi calls for shift from isolated responses to coordinated action By Seun Ibiyemi The Nigeria Customs Service (NCS) has once again underscored its role in global security cooperation, as the Comptroller-General of Customs, Adeniyi, participated in the 19th Defence Services Asia Exhibition and Conference (DSA 2026) in Kuala Lumpur, Malaysia. The high-level engagement,…
By Seun Ibiyemi The chairman of New Nigeria Development Company (NNDC), Alhaji Lamis Shehu Dikko, has reaffirmed the company’s determination to reinvent itself and reposition its operations and its investment portfolio as a holding company. This was contained in his opening remarks at the commencement of a two-day Board/Management retreat which commenced Wednesday at the…
By Seun Ibiyemi The Inspector-General of Police (IGP), Olatunji Rilwan Disu, has reaffirmed the commitment of the Nigeria Police Force to enhanced inter-agency collaboration following a historic visit to the National Headquarters of the Nigeria Security and Civil Defence Corps in Abuja. The visit, described as the first of its kind, was aimed at strengthening…
By Seun Ibiyemi The Nigerian equities market closed on a positive note, with key indicators posting marginal gains amid renewed buying interest in select stocks. Market capitalisation increased by ₦88 billion, or 0.06 per cent, to ₦140.523 trillion from ₦140.435 trillion recorded in the previous session. Similarly, the All-Share Index (ASI) rose by 135.97 points,…
By Seun Ibiyemi Zenith Bank Plc has made history on the Nigerian Exchange (NGX), becoming the first Nigerian financial institution to surpass the ₦5 trillion market capitalisation mark. The milestone cements the bank’s position as the most valuable banking stock in the country, following a sustained period of strong market performance and investor confidence. Between…
