President Bola Ahmed Tinubu has approved a sweeping reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the chairman, Chief Pius Akinyelure and the group chief executive officer, Mallam Mele Kolo Kyari. President Tinubu removed all other board members appointed with Akinyelure and Kyari in November 2023. The new 11-man board has Engineer Bashir Bayo Ojulari as the Group CEO and Ahmadu Musa Kida as non-executive chairman. Adedapo Segun, who replaced Umaru Isa Ajiya as the chief financial officer last November, has been appointed to the new board by President Tinubu. Six board members, non-executive directors, represent the…
Author: Oluwatoyin Mathnuel
On the 26th of march 2025, operatives of CP Special assignment team led by the commander ASP Julius Robinson, were on the trail of some suspected kidnappers extended their investigation to River state and at about 1820 hours of same date, a fleeing suspected kidnapper name chedeye mohammed was trailed and arrested. Upon interrogation, the suspect led operatives to a bush after a trailer park in River State where they hid their weapons. One AK-47 rifle loaded with thirteen rounds of 7.62mm live ammunition was recovered. Preliminary investigation revealed that the suspect and his members usually kidnapp at Ughelli, Agbarho,…
The 2nd of April holds a profound significance for me. This year marks a momentous milestone – my 50th birthday—a celebration of half a century filled with rich experiences and impactful contributions. In stark contrast to the jubilant celebrations of my 40th birthday, which saw the streets of Lagos alive with revelry, I have chosen a path of humility and gratitude to observe this occasion. I plan to reflect quietly on my journey and offer heartfelt thanks to my creator for the many blessings I have received. My life story is truly remarkable. The inspiration for my thriving real estate…
Edo State Governor, Senator Monday Okpebholo has paid a condolence visit to the families of victims, who were brutally killed in Uromi, Edo State. Some of the victims hailed from Bankure Local Government Area of Kano State. The Governor, deeply moved by the tragic incident, assured the bereaved families and the people of Kano State that justice will be served. Speaking during the visit, Governor Okpebholo described the attack as unfortunate and reiterated his commitment to ensuring that the perpetrators are brought to justice. “I was deeply touched when I received the news of the incident at night. By…
The Distinguished Senator representing Oyo Central Senatorial District has extended his felicitations to Hon Akin Alabi the Member representing Egbeda Ona Ara federal constituency at the Federal House of Representatives in the National Assembly. In a special release by Kunle Olatunji the Special Assistant on Media and Publicity to Senator Yunus Akintunde, he also commended him on his several achievements both in legislative functions and impactful constituency projects. On behalf of my family, friends and associates and especially the constituents within our Oyo Central Senatorial District, I congratulate you on this special occasion of your birthday. I must commend your…
Fourth from left, Deputy Controller of Corrections (DCC) in charge of the Medium Security Custodial Centre in Ikoyi, Julius Ogueri; fifth from left, Author, Banker, and Pastor, Bayo Adeyinka (@Greaterbayo); flanked by family, friends and officers of the custodial center during a prison outreach facilitated by Adeyinka in commemoration of his 50th birthday recently. In a remarkable act of compassion, eight inmates at the Ikoyi Correctional Center, Lagos, regained their freedom after author, banker, and pastor, Bayo Adeyinka paid their fines as part of a prison outreach to commemorate his 50th birthday. At a brief event held at the…
The Lagos Waste Management Authority (LAWMA) has reiterated its commitment to achieving zero waste in Lagos State, aligning with global efforts at minimising waste generation and maximising resource recovery. Commenting on the International Zero Waste Day, themed, “Towards zero waste in fashion and textiles”, the Managing Director/CEO of LAWMA, Dr. Muyiwa Gbadegesin, stated that the event underscored the urgent need for sustainable waste management practices, noting that LAWMA had continued to implement innovative strategies, aimed at reducing landfill dependence, increasing recycling rates, and promoting responsible waste disposal among residents. He said: “The International Zero Waste Day reminds us of our…
Leading financial institution, Fidelity Bank Plc, released its 2024 full-year Audited Financial Statements, reporting a 210% growth in Profit Before Tax to N385.2 billion. According to the Bank’s results released on the Nigerian Exchange (NGX) on Friday, 28 March 2025, Gross Earnings increased by 87.7% to N1,043.4bn, driven by 106.9% growth in interest and similar income to N950.6bn. The increase in Interest Income was led by a combination of improved yield on earnings assets and 51.6% expansion in earnings base to N6.3tn. This led to a Profit After Tax of N278.1 billion, representing a 179.6% annual growth. Commenting on the…
Wema Bank Nigeria (“Wema” or “the Bank”)) has released its audited Consolidated Financial Statements for the period ended December 31st, 2024, to the Nigerian Exchange Group (NGX).Wema Bank reported profit before tax of ₦102.51bn, representing an increase of 135% over the ₦43.59bn recorded in the corresponding period in 2023. The Bank also proposed a dividend of N1.00 per share on the back of the impressive result.The Bank’s Balance sheet remained well structured, diversified and resilient with Total Assets growing by 60% to ₦3,585.05bn in FY 2024 from ₦2,240.06bn in FY 2023. The bank also grew its deposit base year on…
Adron Homes and Properties extends warm greetings to the Muslim community across Nigeria and beyond as we celebrate the joyous occasion of Eid-al-Fitr. As we mark the end of Ramadan, a season of faith, sacrifice, and devotion, we reflect on the values of unity, gratitude, and generosity that define this celebration. The blessings of fasting and prayers bring peace, progress, and abundance to our beloved nation, and we pray for continued harmony, stability, and prosperity for Nigeria and its people. At Adron Homes, this season is also a time to express our heartfelt appreciation to our esteemed customers. Your trust,…