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  Femi Otedola appointed Board Chairman of First Bank of Nigeria The First Bank of Nigeria (FBN) Holdings has appointed billionaire businessman Femi Otedola as the new chairman of its board of directors. He succeeds the outgoing Chairman of the board, Alhaji Ahmad Abdullahi. The financial institution disclosed this in a corporate filing on the Nigerian Exchange Limited (NGX), notifying investors of the new development. This appointment, effective January 31, 2024, follows a recent meeting of the board where Otedola succeeds Alhaji Abdullahi. Otedola, a renowned business mogul with significant contributions in various sectors, is expected to bring his extensive experience and strategic insight to FBN Holdings. Gasper Babatunde Reporting . 

  President Tinubu tells New Minimum Wage committee what he wants from them President Bola Tinubu, on Tuesday, January 30, inaugurated the Tripartite National Minimum Wage Committee, tasking the 37-man team to promptly conclude its assignment and bring in its report and recommendations. President Tinubu, who was represented by Vice President Kashim Shettima, also directed the Bukar Goni Aji-led Committee to ensure their decisions are firmly rooted in social justice and equity. To guarantee sustainability in all tiers of government, the President said the committee must pay attention to the ability of all parties to pay the new wage, just as he asked the committee members to ensure timely completion of their assignment. According to the President, the timely conclusion and submission of the report and recommendations of the committee is very important to the take-off of the processes of a new national minimum wage regime. He, however, informed the committee that he had already instr...

  BREAKING: Atiku’s ex-spokesman meets President Tinubu in Paris Daniel Bwala, a former spokesperson to the presidential candidate of the Peoples Democratic Party (PDP) in the 2023 general election, Atiku Abubakar, met with President Bola Tinubu in Paris on Monday, January 29. Bwala disclosed this in a post on his official X page. He wrote: “It was a pleasure to meet with the father of the nation @officialABAT President Bola Tinubu in Paris today. He continues to share his thoughts and demonstrate his passion to lead Nigeria out of the woods.”

  BREAKING: Supreme Court affirms five-year jail term for Lawan over $3million BREAKING: Supreme Court affirms five-year jail term for Lawan over $3million bribery saga ABUJA – The Supreme Court, on Friday, upheld the judgement that convicted and sentenced the former Chairman of the then House of Representatives Ad-hoc Committee on Fuel Subsidy probe, Mr. Farouk Lawan, to five years in prison for  The apex court, in a unanimous decision by a five-member panel, dismissed as lacking in merit, an appeal the former lawmaker, who has been in prison custody since 2021, filed to challenge his conviction. Lawan had among other things, contended that he was not allowed to make a plea of allocutus (plea for leniency) by the trial court before it jailed him. However, in its lead judgement that was prepared by Justice Inyang Okoro but read on Friday by Justice Tijjani Abubakar, the Supreme Court said it was “crystal clear that failure of the trial court to call for allocution, did not vit...

  He claimed that his participation in the Edo governorship contest was aimed at preventing special interests from restoring businessmen to positions of authority. Shaibu made this commitment shortly after submitting his governorship nomination form to the Peoples Democratic Party’s National Secretariat in Abuja on Thursday, January 25. He said: “We started the journey of rescuing Edo State in 2006, and we were conscious of what we wanted to achieve. This election is another challenge; they want to take the state from Edo people and return it to businessmen, and we are saying no! Because Edo state cannot return to Egypt. “Edo State will continually move forward, and the only way it can move forward is if power resides with the people. PDP says power to the people, not power to business friends or business colleagues. I will tell the leadership of PDP that some of us have been harassed. I have received a lot of intimidation, but unfortunately for me, it is like a cross that God has ...

 Gasper Babatunde Reporting ......... The Nigerian military has identified several factors contributing to the recent crisis in the Mangu Local Government Area of Plateau State. The Director of Defence Media Operations, Major General Edward Buba stated that herder militia, cattle rustling, and a combination of other factors were responsible for the crisis that engulfed the town. He said this on Thursday, January 25, while addressing a news conference in Abuja on the activities of the Armed Forces of Nigeria. However, he said that to control the situation, Special Forces had been sent to state hotspots General Buba said: “The situation was triggered by a number of factors including the attempted cattle rustling and the killing of a Mangu man by herder militia.” He claimed that on January 22, 2024, it was reported that a guy on a motorbike down the road collided with a herd of cattle crossing the road. He said: “The herders reportedly killed the man on the spot. Consequently, militia...

 Gasper Babatunde Reporting; TUC’s Deputy President, Mr. Tommy Okon, told the News Agency of Nigeria (NAN) yesterday in Lagos that the failure to inaugurate the committee, three months to the expiration of the current minimum wage, was worrisome. He said organised labour would not want to be put under pressure on the wage increase because it had to be done in line with the rule of engagement. The labour leader said organised labour had since submitted the list of members that would be part of the committee for the minimum wage negotiations. “The intention of the government is not known to us. This is because by now, the committee should have been inaugurated We do not want a situation where the work of the committee is done under desperation. This is January, and the N30,000 national minimum wage will expire on April 18 this year (2024). “So, it is expected that by now, the committee would have been inaugurated and a chairman of the committee appointed. This is because it is tripar...