Chief Uchenna Okoli is a chieftain of the All Progressives Grand Alliance (APGA). In this interview, he speaks on the chances of the former Governor of the Central Bank of Nigeria (CBN), Prof. Charles Soludo securing APGA’s governorship ticket ahead of the Anambra State guber poll. WALE ELEGBEDE reports As a major stakeholder and […]
As European and American skies remain busy and African skies are empty occasioned by poor connectivity among nations on the continent, WOLE SHADARE highlights the consequences of this to a continent that is rich in potential, but oblivious of how to harness Potential Africans make up 12 per cent of the world’s population, but […]
The suspended Ekiti East Constituency 1 byelection has pitched the state chapters of the All Progressives Congress (APC) and the Peoples Democratic Party (PDP) against each other. ANAYO EZUGWU reports Despite the promise by the Governor of Ekiti State, Dr Kayode Fayemi to arrest and prosecute those involved in the violence that marred […]
Stories, Chris Ugwu Trading activities at the equities market finished last week on the negative route as the NSE All-Share Index and Market Capitalisation depreciated by 0.13 per cent to close the week at 38,866.39 and N20.335 trillion respectively. All other indices finished lower with the exception of NSE Premium, NSE MERI Growth, NSE […]
GlaxoSmithKline Consumer Nigeria (GSK) Plc has reported a 32.15 per cent decline in profit after tax for the financial year ended December 2020. According to the audited financial report obtained from the NigerianStockExchange( NSE), thegroup posted a profit after tax of N622.230 million as against N917.104 million reported in 2019, accounting for a drop […]
Managing Director/CEO, Mainstreet Microfinance Bank, Mr. Adegoke Adegbami, is also the General Secretary, National Association of Microfinance Banks, Lagos. At an interactive session with select journalists recently, including New Telegraph’s TONY CHUKWUNYEM, he spoke on topical issues in the sub-sector, including CBN’s revocation of licences of 42 MFBs late last year. Excerpt CBN […]
Nigeria’s headline inflation rate, which rose to 17.8 per cent in March from 17.2 per cent in February 2021, is expected to continue its upward trend in Q2’21, analysts at Financial Derivatives Company (FDC) have said. The analysts, who made the prediction in a report obtained by New Telegraph yesterday, noted that if their […]
The naira is likely to remain stable against the dollar on the parallel market this week due to forex inflows occasioned by Central Bank of Nigeria (CBN)’s “Naira 4 dollar” scheme, analysts at leading forex broker, AZA, have said. In a note obtained by New Telegraph at the weekend, the analysts said: “The naira […]
Lawyers split over proposal to create special courts for bandits, kidnappers Should the Federal Government create special courts to deal with cases of banditry and kidnapping? Lawyers say no, yes. AKEEM NAFIU reports Some senior lawyers have expressed divergent views on a proposal by former President Olusegun Obasanjo and an islamic cleric, Sheikh […]
Bishop Matthew Kukah has a penchant for speaking truth to power. His recent Easter message on the state of the nation has, however, incurred the wrath of the current administration who accused him of playing politics with his interventions. WALE ELEGBEDE reports The Catholic Bishop of Sokoto Diocese, Bishop Mathew Hassan Kukah is not […]