By Akinsuroju Olubunmi Banks’ Loans to Private Sector Hit N74tn Nigerian banks’ loans and support for the private sector rose to about N74.31tn at the end of May 2024, according to data from the Central Bank of Nigeria (CBN). The CBN’s latest data indicated that credit to the private sector increased by 65.9 percent, or […]
By Akinsuroju Olubunmi Jaiz Bank aims for N70bn capital by December Jaiz Bank is on track to boost its capital base to N70 billion by the end of 2024. The bank reaffirmed its dedication to becoming the leading center for Islamic banking in Africa during a send-off event in Abuja for 11 retiring board members, […]
By Akinsuroju Olubunmi Trump selects JD Vance as running mate Republican candidate Donald Trump has chosen Ohio senator JD Vance as his running mate for the 2024 US elections. The announcement was made on Trump’s social media platform, Truth Social, on Monday evening. “After lengthy deliberation and thought, and considering the tremendous talents of […]
By Akinsuroju Olubunmi Nigeria to export petroleum by December The Group Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has announced that Nigeria is on track to become a net exporter of petroleum by December. This statement was made on Monday at the National Assembly, where key stakeholders, including the Ministers of […]
By Akinsuroju Olubunmi Biden orders protection for Kennedy US President Joe Biden has ordered Secret Service protection for independent candidate Robert F. Kennedy Jr. after an attempted assassination of Donald Trump, the homeland security chief said Monday. “In light of this weekend’s events, the president has directed me to work with the Secret Service […]
By Akinsuroju Olubunmi Fuel justification: Minister explains The Minister of Women Affairs, Uju Kennedy-Ohanenye, on Monday defended spending N1.5m to fuel six vehicles in her convoy for a trip to Anambra State. Kennedy-Ohanenye, appearing on Channels Television’s Politics Today, addressed the scrutiny over her ministry’s expenditures, including N1.5m for fuel, N45 million for a […]