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Bandits kidnap travelers on their Journey to Ekiti and demand N30 million ransom for each traveler

Gunmen, believed to be kidnappers, executed an ambush on an 18-passenger bus heading towards Ado-Ekiti while it was traveling along the outskirts of Emure-Owo. This distressing incident occurred late on Sunday night near the boundary that separates Ekiti and Ondo states, as the bus was making its return journey from Onitsha, a bustling commercial hub....
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Sterling Bank promotes the creative economy

Sterling Bank has reinforced its commitment to Africa’s creative economy by sponsoring the 2024 S16 Film Festival, an esteemed platform for showcasing innovative independent filmmaking across the continent. Under the careful operation of the Surreal Collective in collaboration with A Whitespace Creative Agency, the festival gained international recognition, drawing more than 2,000 attendees in its...
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Sterling Bank has been acknowledged for its transformative roles.

The Institute of Tourism Professionals of Nigeria (ITPN) has recognized Sterling Bank as the “Outstanding Banking Partner for Tourism and Transportation of the Year.” This accolade underscores the bank’s transformative role in unlocking Nigeria’s tourism potential through innovative financial solutions, impactful collaborations, and a steadfast commitment to sustainable national growth. Tourism accounts for over 10%...
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FAAN boss pursuing Tinubu’s drive for agencies’ viability – Aviation stakeholders

Stakeholders in the aviation industry have expressed positive feedback regarding the performance of Mrs. Olubunmi Kuku in her first year as the Managing Director of the Federal Airports Authority of Nigeria (FAAN). Her leadership has led to significant achievements, including generating over N112 billion naira in revenue for the Nigerian government, aligning seamlessly with President...
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Energy expert proposes adjustment to bolster Nigeria’s distribution grid

Engr. Ademola Agoro, an energy expert and Managing Director of Protogy Global Services Limited, has passionately advocated for a pivotal transformation in Nigeria’s power sector to combat the ongoing energy crisis. He stresses the urgent necessity to prioritize investments in the distribution grid rather than the transmission grid, which is essential for harnessing the energy...
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The CBN said that net foreign exchange inflows dropped to $14 billion in Q3.

In the third quarter of the year, Nigeria encountered a 2.97% decline in net foreign exchange inflow, which decreased from $14.89 billion to $14.46 billion. This development, highlighted in the Central Bank of Nigeria’s recent economic report, presents an opportunity for stakeholders to assess the factors contributing to this change. When compared to the third...
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FG pledges N180 billion to research institutes and agricultural varsities by 2025.

The Federal Ministry of Agriculture and Food Security has put forward a substantial proposal in the 2025 budget, earmarking a total of N180 billion for Federal Universities of Agriculture and various research institutes throughout the country. This allocation is part of the ministry’s broader funding of N636 billion as stipulated in the recently unveiled 2025...
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Ibadan Stampede: Abiodun Visits Makinde, Calls For NGOs’ Collaboration With Govt In Palliative Distribution

Ogun State Governor, Prince Dapo Abiodun, has admonished Non-Governmental Organizations (NGOs), charitable organizations, and individuals who wish to distribute palliative aid to the people to involve the government to prevent a chaotic situation that could lead to the loss of lives.Governor Abiodun, who spoke when he visited Oyo State Governor, Mr. Seyi Makinde, in his...
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Multiple Explosions Hit Auchi

Multiple explosions on Wednesday rocked Auchi, the administrative headquarters of Etsako West Local Government Area in Edo. The News Agency of Nigeria (NAN) correspondent reports that multiple explosions occurred in three different areas of Auchi at about 6:30 p.m. on Wednesday. NAN observed that the first blast occurred along Igbei Road, the second at the...

Yuletide: NSCDC Deploys 4,000 Personnel In FCT

The Nigeria Security and Civil Defence Corps (NSCDC), Federal Capital Territory (FCT) Command, has deployed 4,000 personnel to ensure security during the Christmas celebrations. This is contained in a statement issued on Wednesday in Abuja by the Command’s Public Relations Officer, Monica Ojobi. According to the statement, the FCT Commandant, Mr Olusola Odumosu, directed officers...

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