News

FIRST BANK EXITS 100 SENIOR STAFF MEMBERS IN MAJOR REORGANIZATIONAL SHAKEUP First Bank, the oldest bank in Nigeria and part of FBN Holdings’ entities has exited close to 100 senior staff members in what our sources describe as a major organizational shakeup. According to a reliable source with direct knowledge of the matter, some of the bank’s top executives were …

NIGERIA’S POPULATION TO CROSS 237 MILLION BY 2025 – REPORT Nigeria has been forecasted to have a population of 237,527,782 by 2025, increasing from 235,072,214 recorded in December 2024. This is based on the latest United Nations data as estimated by Worldometer, which shows that between 2023 and 2024, the country’s population increased by 4,796,533. Nigeria’s population is equivalent to …

PDP CRISIS: ANYANWU REJECTS UDE-OKOYE’S TAKEOVER AS NATIONAL SECRETARY Senator Samuel Anyanwu has declared that he remains the authentic National Secretary of the Peoples Democratic Party (PDP).He submitted that any purported takeover is just social media propaganda. Anyanwu made the declaration amidst the resumption of Sunday Ude-Okoye at the PDP National Secretariat on Monday as the new National Secretary of …

MARKETERS PROJECT FURTHER PRICE DROP OF PETROL AS PRODUCTION RESUMES IN WARRI REFINERY Oil marketers and the Nigerian Midstream and Downstream Petroleum Regulatory Authority have said the prices of refined petroleum products are to drop further following the commencement of operations at the Warri Refining and Petrochemicals Company Limited. Dealers in the downstream oil sector said competition in the space …

ENUGU GOVERNOR, PETER MBAH, INAUGURATES REMODELED MISSION HOSPITAL The Enugu State Governor, Peter Mbah, on Monday, inaugurated a mission hospital remodeled at the cost of N300m in Ihe community, Awgu Area Council of the state. The News Agency of Nigeria (NAN) reports that the hospital was remodeled by the members of Ihe Development Initiative (IDI), a group of entrepreneurs, academics …

BUHARI NOT VISIONARY – EX-PRESIDENTIAL AIDE A former Presidential Special Adviser on Political Matters, Babafemi Ojudu, has disclosed why ex-President Muhammadu Buhari never backed former Vice President Yemi Osinbajo’s bid to be president. Ojudu disclosed that Buhari didn’t back Osinbajo’s presidential ambition because he was not a visionary. He, however, described Buhari as a patriot and an incorruptible leader. Ojudu …

WARRI REFINERY NOW WORKING, SAYS NNPCL After nearly a decade of dormancy, the Nigerian National Petroleum Company Limited (NNPCL) says Warri Refining and Petrochemical Company (WRPC) has commenced partial production, marking a significant step in Nigeria’s quest for functional local refineries. The refinery, inactive since 2015 due to prolonged repairs, reportedly began refining activities last Saturday at its Area 1 …

GUNMEN KILL FIVE SECURITY OPERATIVES, TWO OTHERS IN ANAMBRA Gunmen operating in Ihiala Local Government Area of Anambra State have killed seven people. The incident happened on Monday. Out of the seven persons killed, two were unarmed civilians who were in a compound planning a burial that was to take place on January 2, while the other were security operatives. …

HARVEST OF PAINGUL DEATHS IN 2024The year 2024 saw a harvest of very painful deaths of Nigerians. Some of those who passed to the great beyond were known names that include celebrities, politicians, corporate moguls and private citizens. Death is said to be a necessary end for all humans. Many of those we lost in 2024 may also have been …

TELECOM OPERATORS PUSH FOR REVISED TARIFF, WARN OF SERVICE DISRUPTIONS, DUE TO RISING OPERATIONAL COSTS Telecommunications operators in Nigeria have issued a warning about potential service disruptions unless tariffs are revised to reflect escalating operational costs. In a statement on Monday, Gbenga Adebayo, Chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), described the telecom sector as being …