Friday , 29 March 2024

Author Archives: NewsThumb Magz

Restructuring : “1999 Constitution Is a fake document”, When I Canvassed for an amendment in the constitution, Obasanjo almost punched me, Says Olanipekun

A former President of the Nigerian Bar Association, Chief Wole Olanipekun (SAN), said, on Wednesday, that former President Olusegun Obasanjo almost punched him for advising that the 1999 Constitution be amended when Obasanjo was the sitting President. Olanipekun said while delivering the Convocation Lecture of the Olabisi Onabanjo University, Ago-Iwoye, Ogun State. The theme of the lecture was: “Mass Exodus ... Read More »

BREAKING: Abuja black market traders close shops and Abruptly Stops Trading Today.

In a surprising move, foreign exchange black market operators in Abuja, including those at the bustling Wuse Zone 4 market, abruptly stopped trading on Thursday morning. They attributed their decision to instructions from their union and a significant depreciation of the Naira against the US dollar at the official market. None of the traders approached was willing to exchange foreign ... Read More »

“Atiku is playing the ostrich, Cheap politics and pretending not to see the good around-the-clock efforts by Tinubu”, Says Onanuga

The Presidency has lampooned former Vice President Atiku Abubakar for implying that President Bola Ahmed Tinubu is not working to resolve the economic and security challenges facing the nation lately. Abubakar, who ran against President Tinubu in the 2023 presidential election on the platform of the People’s Democratic Party (PDP), called on the President to step aside if he cannot ... Read More »

Fidelity Bank supports Temile Development Company to boost Nigeria’s Gas Revenues

In what has been termed a significant milestone in the advancement of Nigeria’s domestic gas industry and the generation of gas revenues, Temile Development Company Ltd -a key indigenous player in the oil and gas industry- recently commissioned a 23,000 cubic meters ultramodern Liquefied Petroleum Gas (LPG) Carrier. Named ‘Alfred Temile 10’, the vessel was part-financed by leading Nigerian bank ... Read More »

Breaking : ‘No ransom was paid to the kidnappers. One of The Victim lost his life during an exchange of gunfire between the police and the kidnappers” and we were able to rescue nine Lagos PDP members, Says Ogun C.P

The Police Command in Ogun has rescued nine out of the 10 members of the Peoples Democratic Party (PDP) in Lagos kidnapped by gunmen last Thursday on their way back to Lagos from Ibadan. The Commissioner of Police in Ogun, Mr Abiodun Alamutu, confirmed the release at a news briefing in Abeokuta on Monday. Alamutu named Mr Phillip Aivoji, Chairman ... Read More »

Update on Nabeeha’s Killing : Police arrest deadly gang who murdered one of the lawyer’s family in Bwari, and destroys bandits camp in Kaduna, Says ACP Muyiwa

Operatives of the Nigeria Police Force, have arrested one Bello Mohammed, 28, of Zamfara state, in Kaduna, who is a member of the bandit gang that kidnapped a lawyers family in Bwari and murdered Nabeeha, one of five daughters. Force Public Relations Officer, ACP Muyiwa Adejobi made this known in a statement on Sunday in Abuja. He said, “The Divisional ... Read More »

Breaking : Lagos Secures Fifth Place Among Top African Cities and Ranks 19th Globally as a Must-Visit Destination, According to Time Out, a Renowned British Media Source

Lagos has been ranked as the 19th best city to visit in the world, according to Time Out, a British media and hospitality company that publishes guides and magazines. Time Out said the conclusion was drawn from a survey of more than 20,000 city dwellers around the world with its network of editors. Criteria used to rate the cities include ... Read More »

NOVAmbl Asset Management Dollar Fixed Income Fund Named Best Performer of 2023

The NOVAmbl Asset Management’s Dollar Fixed Income Fund has been named as the best-performing Dollar Fund in 2023 by Nairametrics, the leading financial information and content creation company based on data from the Securities & Exchange Commission (SEC). NOVAmbl Asset Management is a subsidiary of NOVA Merchant Bank. SEC had reported that a total of 21 dollar funds registered during ... Read More »

ALLEGATION OF DEBT RECOVERY DELAY AND BOTTLENECK BY EFCC COMMISSION STAFF

Based on the public outburst of the Economic and Financial Crime Commission Chairman, Mr Ola Olukoyede, in his New Year message that exposed the Commission’s investigators’ staff for bribery and corruption reports, which shows a new sheriff in town, attributes from him as the new helmsman of EFCC. It is now observed upon discovering a purported deliberate delay mechanism in ... Read More »

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