Zenith Bank Plc has announced a historic financial performance for the first quarter of 2025, posting an all-time high quarterly interest income of N837.64 billion. This represents a remarkable 71.46% increase compared to the same period in 2024, underscoring the bank’s strategic investment focus and strong operational efficiency. According to the bank’s unaudited financial statements […]
For the first time in over two decades, trucks are no longer stuck in long, chaotic queues at the Apapa Port, Lagos — a development described as “historic” by the Minister of Marine and Blue Economy, Adegboyega Oyetola. Speaking during an official inspection of the port facilities on Wednesday, Oyetola revealed that the era of […]
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has stirred fresh controversy within the People’s Democratic Party (PDP), openly challenging his party colleagues to deny their involvement in nominating individuals for federal appointments under the current All Progressives Congress (APC)-led government. Speaking in an interview on Tuesday, Wike declared that several PDP governors […]
Nigeria is poised to make a historic mark on the global textile industry with the planned establishment of the world’s largest cotton and polyester processing factory, according to an announcement by Governor Dapo Abiodun. The project is a centerpiece of President Bola Ahmed Tinubu’s administration and will be launched under the “Renewed Hope […]
A striking illustration of extreme wealth has resurfaced on social media and financial fora: “If Jeff Bezos spent $1 million every day, it would take him 560 years to go broke.” While it might sound like an exaggeration, this statement is grounded in mathematical reality—and highlights just how vast billionaire fortunes have become in […]
In the modern era of football, the beautiful game has increasingly become a playground for billionaires, sovereign wealth funds, and corporate giants. As transfer fees soar and global TV rights generate billions, the financial muscle behind clubs plays a pivotal role in shaping success on and off the pitch. Here’s a closer look at […]
Rivers State Governor, Siminalayi Fubara, has sparked political speculation after hinting at a possible move to the All Progressives Congress (APC), citing President Bola Ahmed Tinubu’s intervention in his recent political challenges. In a candid remark shared on Wednesday, Governor Fubara said: “Slowly but surely: Before PBAT stepped in to save me from political relegation, […]
FCTA PRESS RELEASE Lere Olayinka, Senior Special Assistant on Public Communications and Social Media to the Federal Capital Territory (FCT) Minister, Nyesom Wike, has said Publisher of Ovation Photo Album, Dele Momodu, will dump former Vice President Atiku Abubakar the moment money stopped flowing into his pocket from him (Atiku). The FCT Minister’s Spokesperson said […]
Federation of International Football Association FIFA has officially declared Saudi Arabia as the host nation for the 2034 FIFA World Cup. The country has unveiled an ambitious plan to build 11 new stadiums and refurbish four existing venues, with a total of 15 stadiums set to host the games during the tournament. The proposed host […]
Energy analyst, Kelvin Emmanuel has expressed skepticism about the rehabilitation of Nigeria’s refineries, describing recent commissioning events in Warri, Port Harcourt, and Kaduna as a “charade.” Speaking live on Arise News, Emmanuel claimed that the facilities are unlikely to return to full operation despite the federal government’s multi-billion-dollar investments. “I’m not surprised,” Emmanuel said. “For […]
