Author: Akintayo Adams

The Ademola Adélékè-led Government of Osun has released a sum of ₦700m to cooperative societies located across 332 wards in the state. The move, according to the Governor reaffirmed his commitment to financially empower grassroots traders in the state. He made this known while addressing beneficiaries at Ilé Ifẹ̀ and Ìjẹ̀bú Jẹ̀ṣà. In a statement by the spokesperson to the governor, Olawale Rasheed which was shared on the X handle of the State Government, Adélékè was quoted as saying, “We are here in pursuance of financial inclusion for artisans and local businesses” adding that “our administration is determined to financially…

1. My fellow Nigerians, let me begin by congratulating all of us for witnessing the celebration of another Democracy Day today, the 12th day of June 2024. This year also marks our nation’s 25 years of uninterrupted democratic governance. 2. On this day, 31 years ago, we entered our rites of passage to becoming a true and enduring democratic society. 3. Going through this passage was hard and dangerous. During the fateful six years that followed, we fought and struggled for our natural rights as human beings put on this earth by the divine hand of our Creator. 4. We…

Erik ten Hag is staying at Manchester United, with the club abandoning their search for a new manager, according to reports in the UK. The club hierarchy have thrown their weight behind the Dutchman and are discussing a new contract, despite sounding out potential candidates after an underwhelming season at Old Trafford which saw his side finish eighth. UK media disclosed that Ten Hag’s case to hold on to his post was strengthened by the club’s shock FA Cup Final victory over rivals City. After evaluating various possibilities, they concluded that Ten Hag, 54, was the best choice for the…

President Bola Tinubu – GCFR has assured both Organized Labour and Nigerians that an executive bill proposing a new national minimum wage for workers will soon be submitted to the National Assembly for approval. The Commander-in-Chief made this known on Wednesday in his second Democracy Day speech on June 12, 2024. “In this spirit, we have negotiated in good faith and with open arms with Organised Labour on a new national minimum wage. We shall soon send an executive bill to the National Assembly to enshrine what has been agreed upon as part of our law for the next five…

Ahmed Umar, a former Central Bank of Nigeria (CBN) Director of Currency Operations said Godwin Emefiele, erstwhile CBN Chief, printed his own design of the naira. Umar disclosed this while giving evidence at the Federal Capital Territory (FCT) High Court sitting in Maitama. The former CBN director said the features in the design approved by former President Muhammadu Buhari was different from the one ordered by Emefiele to be printed. “The design approved by the President had a QR code, which the currency in circulation does not. The positioning of the portrait was on the right side, that printed by…

Superstar artiste David Adeleke, popularly known as Davido, has confirmed his upcoming wedding to his partner, Chioma Rowland. Earlier, reports surfaced on social media that Chioma and Davido’s traditional wedding is scheduled to take place in Lagos on June 25, 2024. The singer, however, appeared to confirm the news in a video shared by his long time associate, UK-based Nigerian Pastor Tobi Adeboyega on Instagram on Tuesday. Davido can be seen inviting his friends to join in the celebration. “Guys, you have to come to Nigeria on the 25th [of June] for my wedding,” he said. Get instant and latest…

Alhaji Aminu Ado Bayero, the immediate-past Emir of Kano has issued a circular inviting all the district heads to participate in the upcoming traditional Sallah Durbar in the state. The Durbar is customarily the task of a sitting Emir. The Circular, with the reference number KEC/ADM/27C/VOL11 signed by the Senior Councillor Galadiman Kano, Alhaji Abbas Sanusi, ordered the district heads to attend a special meeting with the dethroned Emir before Sallah. According to reports, Bayero still occupies the second Emir’s house located in Nassarawa local government area, few meters away from the Kano State Government House. Bayero’s invitation was widely…

Diageo has sold its 58.02 shares in Guinness Nigeria to Tolaram Africa, a consumer packaged goods company with about five-decade presence in Africa. Abidemi Ademola, Diageo’s Company’s Secretary, made this known while updating the Nigerian Exchange Group of recent development within the bank. The terms of an agreement for the acquisition of the shares by Tolaram was signed today, June 11, 2024, he revealed. “Tolaram will acquire Diageo’s 58.02% shareholding in Guinness Nigeria, and enter into long-term license and royalty agreements for the continued production of the Guinness brand and its locally manufactured Diageo ready-to-drink and mainstream spirits brands. “The…

Nigeria has reached the final stage of its plan to sell five of its power plants at a cost of $1.15 billion. The bid winners will soon to be announced. Adebayo Adelabu, the Minister of Power made the disclosure. He said the bidding process had been completed and a final report submitted to the National Council of Privatisation (NCP) which has Vice President Kashim Shettima as its chairman. “At the next NCP meeting, a final announcement of the preferred bidders will be made public,” Adelabu said at BusinessDay’s Powering Nigeria conference. “The assets will not only increase revenue for the…

The Federal Road Safety Corps (FRSC), through Corps Marshal Shehu Mohammed has urged Nigerians to put the days of delay in getting their driving licence and number plate behind them. He said this reception organised in his honour by the alumnus of the College of Advance Studies Zaria on Saturday. He revealed that steps have been taken to eliminate delays encountered in accessing driver’s licenses and number plates, maintaining that he would address the incessant complaint of delay in accessing number plates and drivers licenses. “I want to assure you that the number plates problems will be over, and FCT…