Two months after a two-year-old Titan Trust Bank acquired Union Bank Nigeria, the UK branch of the 105-year-old is ready to be acquired by a 34-year-old Fidelity Bank. Fidelity Bank entered into a binding agreement to buy a 100 per cent equity stake in the UK operations of Union Bank. Acquisition yet to receive approval…
Operatives of the National Drug Law Enforcement Agency, NDLEA, have arrested a cleaner at the Murtala Muhammed International Airport, MMIA, Ikeja Lagos, Ohiagu Sunday, who leads a drug syndicate at the international wing of the airport. This is contained in a statement signed by Femi Babafemi, Director, Media & Advocacy and made available to…
This was disclosed on Monday by the Minister of Finance, Budget and National Planning, Zainab Ahmed, when she gave a breakdown of the country’s budget deficit and its implications in the 2023 fiscal year. The President Muhammadu Buhari-led Nigerian government has declared that due to high budget deficit, there will be no money for Ministries,…
This is coming amidst the country’s rising foreign debts and ailing economy; also, the Nigerian university lecturers earlier today extended the six months’ industrial action they embarked since February 14, to force the government to implement the FG/ASUU 2009 Agreement which stipulated how the nation’s university education should be funded. The President Muhammadu Buhari led-Federal…
The airline through its spokesperson said the pilot and co-pilot, who remain nameless, had a dispute shortly after takeoff and grabbed each other by their collars after one of them threw a punch. Air France has suspended two of its pilots after a fight broke out in the cockpit during a flight from Geneva to…
Nehemiah Goholshak, a former Organizing Secretary of the Peoples Democratic Party in Mangu Ward 1, Mangu Local Government Area of Plateau State, has been reportedly shot dead by gunmen. Goholshak was killed when the assailants attacked his house in the community. Speaking about the incident, Chris Yakubu, a resident of the community, told PUNCH in Jos…
The Senate has been asked to reject the 19 nominees for the Independent National Electoral Commission (INEC) Residential Electoral Commissioners. Naija News recalls that President Muhammadu Buhari had in July asked the Senate to confirm 19 nominees as INEC Commissioners. Speaking during an appearance on Channel Television on Monday night, Executive Director of YIAGA Africa, Samson Itodo, rejected the nominees for INEC…
The statement read, “Delta is suspending its nonstop service between New York-JFK and Lagos to fit the current demand environment. “The airline continues to operate service between Lagos and Atlanta and offers onward connections to New York and other cities across the United States. “Customers impacted by our suspended New York-JFK to Lagos…
The Independent Corrupt Practices Commission (ICPC) has commenced investigations into the alleged payroll fraud allegedly committed by President Muhammadu Buhari’s new media aide, Bashir Ahmad. This is coming weeks after reports alleging that Bashir was receiving salaries from the Federal Government despite resigning from his position surfaced on social media. ICPC noted that HEDA Resource Centre,…
Commercial motorcyclists, popularly called Okada riders, on Monday stormed the office of the governor of Lagos state, Bababjide Sanwo-Olu, in Ikeja, to protest the ban on commercial biking in some parts of the state. The motorcyclists, who were in their thousands, urged the government to suspend the extended ban on their activities in six Local Government Areas,…
