The Federal Government through the Federal Competition and Consumer Protection Commission is set to issue an order against moves by Point of Sale agents to hike transaction charges across the country. The Executive Vice Chairman/Chief Executive Officer, Babatunde Irukera, confirmed this exclusively to The PUNCH on Wednesday. According to him, the order would be issued in a couple of hours. ... Read More »

and..Directs immediate release of fertilizers, grains to 50mn farmers, households President Bola Tinubu has directed an immediate review of the N8,000 conditional cash transfer programmed initially proposed to ease the harsh effects of the fuel subsidy removal. President Tinubu has also directed the immediate release of fertilisers and grains to about 50 million farmers and households respectively across the country, ... Read More »

Guaranty Trust Bank Ltd (“Guaranty Trust” or “the Bank”) has been named Best Bank in Nigeria at the Euromoney Awards for Excellence 2023. This marks a record 12th time that Guaranty Trust Bank has been recognised as the leading financial institution in Nigeria.Announcing the award, Euromoney stated: “Nigeria’s Best Bank, Guaranty Trust Bank, has continued to do a good job ... Read More »

Deputy National Organizing Secretary of the ruling All Progressives Congress APC, Nze Chidi Duru has confirmed the resignation of the embattled National Chairman, Senator Abdullahi Adamu. The development came as the meeting of the National Working Committee NWC got underway at the Buhari House national secretariat of the party. At the meeting presided over by the Deputy National Chairman, North, ... Read More »

There were controversies, on Sunday, over the alleged resignation of the National Chairman of the All Progressives Congress, Senator Abdullahi Adamu. While some sources confirmed to our correspondence that the embattled chairman had resigned from his position, others said it was a rumour. Newsthumb could not officially confirm the alleged resignation as of press time, while top APC chieftains contacted ... Read More »

The Association of Distinguished Citizen of Ode Remo (ADCOR) in the ancient town of Ode Remo, in Remo North Local Government Area of Ogun State ; rolls out their drums to celebrate one of their illustrious son, Hon Benjamin Adeyemi Olabinjo ( BAO) BAO, who is currently a member of Federal House Representatives representing the good people of Ifako Ijaye ... Read More »

Access Bank Plc and Standard Chartered Bank have entered into agreements for the acquisition of Standard Chartered’s shareholding in its subsidiaries in Angola, Cameroon, The Gambia, and Sierra Leone, and its Consumer, Private & Business Banking business in Tanzania. Each transaction remains subject to the approval of the respective local regulators and the banking regulator in Nigeria. The announcement was ... Read More »

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The Department of Security Services (DSS) has charged the suspended Governor of the Central Bank of Nigeria (CBN) to court Godwin Emefiele to Court. In a statement, DSS spokesman Peter Afunanya said the decision to charge Emefiele was in compliance with the order of the Federal Capital Territory High Court. Barely six hours after a Federal High Court ordered the ... Read More »

President Bola Ahmed Tinubu has written to the House of Representatives, requesting the approval of N500 billion to cushion the effects of fuel subsidy removal. Essentially, the president is seeking the amendment of the 2022 supplementary appropriation act to accommodate the funds. Speaker of the House, Hon. Tajudeen Abbas read the letter of the president’s request at Wednesday’s plenary. Titled ... Read More »