Fidelity Bank surpasses target, raises over N127.1 billion in first phase of recapitalisation effort
Fidelity Bank has surpassed the N127.1 billion target set in its combined offer programme, as the bank concludes the first phase. In a note to investors, the Managing Director…
MAN bemoans lending rate hike from 28.6% in Q1 to 35% in Q2, 2024
The Manufacturers Association of Nigeria (MAN) yesterday lamented that the average maximum lending rate charged by commercial banks on loans to its members rose to 35 per cent in…
Chidimma Adetshina agrees to compete in 2024 Miss Universe Nigeria
Chidimma Adetshina, the embattled Miss South Africa contestant, has accepted an invitation to compete in the 2024 Miss Universe Nigeria pageant. Chidinma was recently subject to controversies over her…
Two suspects arrested for stealing Kano police station sign post
search button The Kano State Police Command has arrested two suspects involved in the theft of the Bachirawa Police Station sign post in the Ungogo Local Government Area of the…
Customs begins implementation of import duty waiver on food items
The Nigeria Customs Service (NCS) has begun the implementation of the zero percent import duty and exemption of value-added tax (VAT) on basic food items. In a circular, the…
Food crisis: Military deploys troops in North-West, N’Central farms
The Defence Headquarters has said troops have been deployed across farms in the northern parts of the country, especially in the North West and North Central. According to the…
EFCC detains NAHCON chair, secretary over N90bn hajj subsidy fraud
The Executive Chairman of the National Hajj Commission of Nigeria, Jalal Arabi, and the commission’s secretary, Abdullahi Kontagora, are currently in the custody of the Economic and Financial Crimes…
Lagos advocates birth control law to address Nigeria’s out-of-school children crisis
The Lagos state government has called for the enactment of a birth control law to address the challenges of out-of-school children in Nigeria. Jamiu Alli-Balogun, commissioner for basic and…
91-year-old billionaire dies two months after marrying 42-year-old sixth wife
Austrian construction tycoon and socialite Richard Lugner, who made headlines for bringing the world’s VIPs to Vienna’s famous Opera Ball, has died aged 91, according to local media citing…
Woman who tore passport arrested, husband says it’s a skit
An Italy-based Nigerian woman identified as Favour Igiebor who purportedly destyed her husband's passport on arrival at the Murtala Muhammed International Airport, Ikeja, Lagos State has been taken into…
