By Seun Ibiyemi Guaranty Trust Holding Company Plc (GTCO) has announced the appointment of Mrs. Marie Namias as an Independent Non-Executive Director of the company. The notification was made to the Nigerian Exchange Limited, shareholders and the investing public, with the company confirming that regulatory approval has been obtained from the Central Bank of Nigeria….
By Seun Ibiyemi The Abuja Electricity Distribution Company (AEDC), through its subsidiary, the Niger Electricity Distribution Company (NEDC), is set to collaborate with the Niger State Government to deploy solar mini-grids and other renewable energy solutions across the state. The Brand Marketing and Corporate Communications Officer of NEDC, Mr. Omede Odekina disclosed this in a…
By Seun Ibiyemi President Bola Tinubu has nominated Mr. Taiwo Oyedele as Minister of State for Finance, replacing Dr. Doris Uzoka-Anite. Uzoka-Anite has been reassigned to the Ministry of Budget and National Planning as Minister of State, marking her third portfolio in the current administration. Read also:Tinubu to Governors: We will establish State Police to…
By Seun Ibiyemi The Nigerian Railway Corporation (NRC) has increased the number of trips on the Abuja-Kaduna Train Service (AKTS) corridor in response to growing passenger demand. The Chief Public Relations Officer of the corporation, Mr. Callistus Unyimadu, disclosed this in a statement issued on Tuesday in Lagos, noting that the new timetable will take…
The Society of Petroleum Engineers Nigeria Council has called for resilience, disciplined execution, and strategic coordination to reposition Nigeria as a leading player in the global oil market. The Chairman of the Council, Mr. Francis Nwaochei made the call ahead of the 2026 Oloibiri Lecture Series and Energy Forum (OLEF), scheduled for April 9 at the…
The fundamental rights enforcement suit filed by former Kaduna State Governor, Nasir El-Rufai, against the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and four others suffered a setback on Tuesday due to failure to serve the respondents. The matter, which came up before Justice Joyce Abdulmalik of the Federal High Court, Abuja, could…
By Seun Ibiyemi The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called for urgent measures to consolidate and strengthen Nigeria’s domestic refineries through the provision of adequate and consistent crude oil supply, citing escalating geopolitical tensions in the Middle East. National President of PETROAN, Dr. Billy Gillis-Harry, made the call on Tuesday…
A 26-year-old man, Victor John, was on Tuesday arraigned before an Ota Magistrates’ Court in Ogun State for allegedly obtaining N1.1 million under false pretence. John, whose residential address was not disclosed, is facing a one-count charge of fraud. He, however, pleaded not guilty to the charge. Read also:NAFDAC secures 40-year jail term for Lagos…
By Seun Ibiyemi The Securities and Exchange Commission (SEC) has revoked the registration of Kensington Agro Trading Limited as a capital market operator with immediate effect. The company, which operated as a Commodity Broker/Dealer and Collateral Manager, lost its licence following regulatory action taken by the Commission in line with its statutory powers. Read also:Weak…
By Adeyemi David Federal Capital Territory (FCT) Minister Nyesom Wike has said the African Democratic Congress (ADC) will not succeed in next year’s elections, while declaring that he will support only candidates who align with President Bola Ahmed Tinubu’s re-election bid. Speaking during his first live media chat of the year at his official residence…
