FG implements CBN Special Investigator’s report, takes over four banks . Union Bank, Titan Trust Bank, Polaris, Keystone Bank affected . President hands over report to CBN as Cardoso sacks banks’ managements, dissolves Boards . New managements, Boards, names of the two new emerging banks already being considered By AlutaContinue Reading
By Aluta News Jan. 10, 2024 The Nigerian National Petroleum Company (NNPC) Ltd says it recorded a profit of N2.548 trillion in 2022. The national oil company in its 2022 Financial Performance Report posted online described the profit as the highest since its inception in 1977. The financial report statedContinue Reading
By Aluta News Jan. 10, 2024 Mr John Gabaya, the Chairman of the Bwari Area Council of the FCT, on Wednesday presented a budget of N22 billion for 2024 to the council’s legislature for approval. Speaking at the ceremony, Gabaya said that the budget was made up of N14. 9billionContinue Reading
By Aluta News Jan. 10, 2024 The National Orientation Agency (NOA) says no fewer than 12 marketing companies have defended their submissions to handle campaigns of the NOA and National Lifestyle Charter. This is contained in a statement in Abuja on Wednesday by NOA Deputy Director, Mr Paul Odenyi. AccordingContinue Reading
By Aluta News Jan. 10, 2024 Former Governor of Benue, Dr Samuel Ortom, has congratulated Gov. Hyacinth Alia on the validation of his election by the Supreme Court of Nigeria. This is contained in a statement issued by Ortom’s Media Aide, Mr Terver Akase on Wednesday in Makurdi. Ortom saysContinue Reading
By Aluta News Jan. 10, 2024 The Supreme Court on Wednesday reserved judgment in an appeal filed by the Peoples Democratic Party (PDP) and its governorship candidate, Okey Ahiwe, seeking the nullification of the election of Alex Oti as the Governor of Abia. Justice John Okoro reserved the judgment toContinue Reading
By Aluta News Jan. 10, 2024 A Federal High Court, Abuja, on Wednesday, ordered the release of Prof. Cyril Ndifon, the suspended Dean of Faculty of Law, University of Calabar (UNICAL), on a temporary bail to enable him go for a glaucoma surgery. Justice James Omotosho made the order followingContinue Reading
By Aluta News Jan. 10, 2024 The Nigeria Labour Congress(NLC) says it has suspended indefinitely the proposed planned Imo Delegates’ Conference. Mr Emma Ugboaja, NLC General Secretary said this on Wednesday in Abuja in a statement addressed to all its affiliates. Ugboaja said the suspension of the delegates conference inContinue Reading
By Aluta News Jan 10, 2024 The North East Development Commission (NEDC) has donated relief materials to 60 Internally Displaced Persons (IDPs) whose property were recently destroyed by fire in Bauchi. Alhaji Muhammad Umar, Deputy General Manager, Resettlement and Early Recovery, presented the materials to the officials of the campContinue Reading
By Aluta News Jan. 10, 2024 The Supreme Court has dismissed an appeal by the Social Democratic Party (SDP) and Umar Ardo, its candidate in the 2023 Adamawa governorship election against Gov. Ahmadu Fintiri. Justice John Okoro who led the five-member panel led by subsequently dismissed the appeal after theContinue Reading
