Author: Citynews

The Speaker of the House of Representatives, Rep. Tajudeen Abbas, and the Minister of Blue Economy, Mr. Gboyega Oyetola, have pushed for the establishment of a shipping regulatory agency in the country. The Speaker and the Minister jointly canvassed for the establishment in Abuja during a public hearing on the Shipping Council’s repeal and enactment of the Shippers’ Council and Economic Regulatory Bill in Abujanon Monday. The Shipping Line Association of Nigeria also made a strong case for the establishment of the agency, adding that it would improve efficiency and lower cost. Barr Boma Alabi (SAN), Chairman, Shipping Line Association…

-Investors delighted with bank’s impressive performance Shareholders have expressed readiness to massively support and mobilise for the ongoing recapitalisation of Fidelity Bank Plc amid commendations for the impressive performance of the bank over the years. Shareholders were unanimous that Fidelity Bank has shown strong resilience over the years and demonstrated its investors’ friendliness with significant dividends and capital gains. Shareholders, under the auspices of Nigeria’s leading shareholders’ associations, said they would buy into any share offering by Fidelity Bank as the bank holds exciting future for above-average returns. The sundry shareholders’ endorsements underlined market pundits’ expectations that Fidelity Bank would…

Destiny cannot be changed. Just like the truth, however it is turned, destiny is always constant no matter how long it takes to attain. Many at times, the bearer may not know what he or she has been destined to become, it takes spiritual consultation, revelation, sometimes prophecy, to know what one has been destined for and how it would happen. Lamido Sanusi Lamido, the newly appointed 16th Emir of Kano who was once deposed from the same position in 2020 can be likened to be a child of destiny. Although, before he ascended the throne in 2014, He has…

Interswitch Group, one of Africa’s leading integrated payments and digital commerce companies, has reiterated its commitment to empowering young Nigerians on their career paths for personal and professional success. The firm disclosed this at the just concluded Interswitch Career Fair 3.0 held at the Landmark Event Centre, in Lagos on Saturday, May 25, 2024.The Interswitch Career Fair 3.0 event, tagged ““Reimagining Work: People, Culture, Technology” spotlighted the various resources and insights available to skilled, career-driven individuals and young professionals to properly position them for the workplace of today and the future. Building on the successes of previous seasons, this year’s…

Mouka celebrates with Nigerian youth on this year’s Children’s Day while recognizing the vital role played by parents in providing the framework for a healthy sleep culture needed for sound physical and cognitive development. Celebrated every May 27th, Children’s Day in Nigeria is conceived to promote togetherness and self-awareness among children and children’s rights within society. Mr. Femi Fapohunda, the company’s Managing Director, emphasized Mouka’s unwavering commitment to children’s well-being. He stated, “As we celebrate this year’s Children’s Day with the theme ‘Investing in our future means investing in our children,’ Mouka remains dedicated to promoting healthy sleep right from…

…AS CBN SOURCES REVEAL HOW HE VOLUNTARILY RETIRED AND WAS HONOURED AFTER 35 YEARS OF MERITORIOUS SERVICE Associates of former CBN Director, Strategy Management Department, Clement Buari have come out to deny the story that he was among those sacked by the Apex Bank’s Governor a few days ago. Reacting to a story that is trending, listing his name among fourteen directors sacked by Cardoso, our sources stated that it was the conjecture of the writer since he had retired from the bank earlier than when the sack took place having served for the mandatory thirty five years. According to…

A Lagos-based businessman, Johnbosco Odoh, has shared the story of his difficulty in having a child after years of marriage following a strange gift of N2,000 and a charm in an envelope he and his wife received at their wedding.  A visibly excited Odoh who hails from Ikem Nkwo in Isi Uzo Local Government Area of Enugu State, said visits to different hospitals including St Raphael Hospital, Ijede, in search of a cure did not yield results and his doctors advised the couple to go for IVF as the possibility of him fathering a child naturally was zero. It was…

Kano State House of Assembly Members from the All Progressives Congress (APC) have rejected the abolition of the five Emirates in the state by Governor Abba Yusuf. The APC Assembly Members urged Yusuf to respect the separation of powers in the state and stop abusing his powers as executive Governor. This was contained in a statement signed by their leader, Ayuba Labaran Durun, and made available to the press in Kano on Saturday. Durun explained that their constituents have mandated them to reject the abolition of the five Emirates in Kano State. The lawmakers commended the judiciary and security agencies…

The Advocates of Social Justice for All (ASJA) has condemned Governor Abba Yusuf’s decision to dissolve the Kano Emirate and subsequent reinstatement of Sanusi Lamido Sanusi as Emir of Kano despite a court order. The group also criticised the governor for issuing an arrest warrant for the deposed Emir Ado Bayero as executive overreach, an assault on Kano’s cultural heritage and a call to anarchy. In a statement signed by Dr Abu Musa, the group described the governor’s actions as a clear abuse of power, a violation of the rule of law, and a threat to the stability and peace…

A viral video has confirmed the defection of the former Speaker of the Rivers State House of Assembly, Rt. Hon. Martins Amaewhule, his deputy, Dumle Maol and others from the People’s Democratic Party to the All Progressives Congress. According to a letter signed by Maol and read by Amaewhule, their “defection was necessitated by the division in the PDP, particularly, the tussle around who the National Secretary of the party is”. Although, there was no information on the date the letter was written, it appears to be in December 2023 when the lawmakers publicly defected to the APC. Amaewhule had…