Despite the regulatory headwinds and downturn in the Nigerian economy, Sterling Bank Plc recorded growth in virtually all its performance indicators for the year ended December 31, 2015, pushing up profit before tax by 2.5 per cent to N11.0 billion. Similarly, profit after tax rose by some 14.3 per cent to N10.3 billion due to…
Africa’s first interiors design show with a twist of reality TV is debuting on REDTV to discover Africa’s next Interior Design star. The launch of the new TV Reality show, tagged “Interiors By Design, was held at Angelika’s, Lagos’ choicest luxury home wares store, on Sunday, March 20, 2016 with notable names gathered from the…
A saddening news reaching us indicates that top Nigerian musician, Solomon Olumuyiwa Osinuga, better known as Nomoreloss, is no more. The talented music producer and energetic performer was said to have died of an illness on Monday morning in Lagos. His family, in a short statement issued on Monday afternoon, confirmed the demise of the…
A Boko Haram leader in Borno State has been killed by the Nigerian military. It was learnt that troops of 22 Brigade Garrison carried out a clearing operation at Dalore camp on Sunday in which not less than 19 members of the Boko Haram terrorists group were feared dead. A statement on Monday by Colonel…
**Calls Critics “Stupid” **Jonathan Abused, Misused His Opportunity Former President, Olusegun Obasanjo, has slammed those criticising him for not accounting for the recovered loot of late Head of State, General Sani Abacha, describing them as stupid. Speaking in an interview over the weekend, OBJ, as he is fondly called, explained that it was not his…
The year 2016 has been very busy with fights, malice and others in the Nigerian showbiz industry. In fact, the dramas created already in the first quarter of 2016 alone are more than six. The year was opened with Olamide and Don Jazzy calling out each other at the Headies and this was followed by…
Popular Nigerian musician, Innocent Idibia, well-known as 2Face, has been slammed with a lawsuit by a photographer at a Federal High Court in Lagos. The photographer, Emmanuel Okolo, alongside his company, Papilonmexy Films Studios Limited, filed a N120 million copyright infringement suit against the artiste, his wife, Annie, and one Anthonio Anifite before Justice Mohammed…
Department of Petroleum Resources, DPR, says it has issued 21 licences to investors to establish new refineries in Nigeria. The agency, in a statement at the weekend, disclosed that 25 private refinery licences were granted to companies with 21 in the Licence to Establish, LTE, category, while four are in the Approval to Construct, ATC,…
The Osun State Government has promised to pay its workers their salaries, describing speculations that workers in the state would not get their March pay as uncalled for. There were insinuations that civil servants in the debt-ridden state would not have their March salaries because as a result of the N6 million federal allocation accrued…
The Independent National Electoral Commission, INEC, has announced the suspension of all the election in all constituencies in Rivers State held on Saturday, March 19, 2016. However, INEC clarified that the suspension does not affect constituencies where polls had been completed and the results declared by the returning officers. The electoral body, in a statement…