The Group Executive, Private Banking and Wealth Management, FirstBank of Nigeria, Idowu Thompson, has called on family business stakeholders to ensure continuity and make sure that the next generation gets involved. He also called on family businesses to develop structure to ensure easy adaptation for succeeding generations. He added that[Read More…]
News
Cult Clash: 22 killed in rival gang war
No fewer than 22 persons have been killed in Chito and Tyo Akosu communities of Ukum Local Government Area of Benue State, following a rival gang fight and attack on a drinking spot. It was gathered from sources in the area that the gang supremacy fight, which erupted, weekend, in[Read More…]
Policy Innovation Centre Set to Host 2023 Gender and Inclusion Summit
The Policy Innovation Centre, today announced that the highly anticipated Gender and Inclusion Summit, with the theme “Building Bridges: Advancing Gender and Inclusion through the Intersection of Trade and Health”, will be held on November 28 and 29, 2023 in Abuja, Nigeria. This landmark event promises to be a catalyst[Read More…]
SERAP sues FG over alleged missing $15b, N200b oil funds
SOCIO-ECONOMIC Rights and Accountability Project (SERAP) has sued the federal government of Nigeria at the Federal High Court in Lagos over failure to probe over $15 billion oil revenue and N200 billion alleged budget to fix refineries between 2020 and 2021. The claims are contained in the 2021 report by[Read More…]
FCCPC approves more loan apps as company list grows to 211
The Federal Competition and Consumer Protection Commission (FCCPC) has registered and approved more digital money lenders, otherwise known as loan apps, bringing the list of approved companies to 211 at the end of October. The 211 companies comprise 172 that have received full approval from the Commission and 39 others[Read More…]
Lagos cancels 50% discount on public transport, reverses to old rate
The Lagos State Government has announced reversion to the old rates of public transport from Sunday. “The 50% rebate in transport fare in the regulated transport system in Lagos ends on Sunday,” the Lagos Metropolitan Area Transport Authority said in a statement on Saturday. The statement informed commuters that starting[Read More…]
Court Grants SERAP Leave To Compel Tinubu To Reverse Electricity Tariff Hike
A Federal High Court sitting in Lagos has granted the prayers of the Incorporated Trustees of Socio-Economic Rights and Accountability Project (SERAP) against the President of the Federal Republic of Nigeria as a first respondent. Other Respondents in the suit numbered FHC/L/CS/99/2023 are the Attorney General of the Federation; Nigerian[Read More…]
CBN says high volume withdrawals causing cash scarcity in some locations
The Central Bank of Nigeria (CBN) says there is sufficient cash for economic activities after reports of scarcity in some locations. In a statement by Isa AbdulMumin, CBN director, corporate communications, the apex bank said the scarcity experienced in some locations was due to high volume withdrawals from its branches[Read More…]
SERAP Asserts Nigerians’ Constitutional Right To Privacy, Protection In 1999 Constitution
The Socio-Economic Rights and Accountability Project (SERAP) emphasized that Nigerians have the right to privacy and protection as guaranteed by the 1999 constitution, as amended. This assertion was made during a training workshop and interactive session on promoting citizens’ access to information, data, and digital rights in Nigeria. Dr. Olubunmi[Read More…]
2nd Cycling Lagos: Organisers postpone grand finale to Dec. 9
The Organisers of the 2nd Cycling Lagos event have announced postponement of the grand finale of the Cycling event scheduled for October 28 to Saturday December 9, 2023, to address some unforseen technical and logistics challenges. The Children edition of the Cycling Lagos event held at the Teslim Balogun Stadium[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]