Articles by Adebari Oguntoye

Politics

Tinubu names Imo gov as Renewed Hope ambassador

Ahead of the national launch of the Federal Government’s Ward Development Programme, President Bola Tinubu has appointed Governor Hope Uzodinma of Imo State as the Renewed Hope Ambassador. A statement by the Special Adviser to the President on Information & Strategy, Bayo Onanuga, on Tuesday, said that Uzodinma’s role as...

Business

16 banks have met CBN’s capital requirements, says Cardoso

The Central Bank of Nigeria (CBN) says 16 banks have fully met the regulatory capital requirements. Olayemi Cardoso, the CBN governor, spoke on Tuesday during a press conference held after the 303rd monetary policy committee (MPC) meeting in Abuja. He said the MPC expressed satisfaction with the sustained resilience of...

World

NNPC posts ₦5.4trn record profit, as Ojulari sets $60bn energy investment plan

The Nigerian National Petroleum Company Limited (NNPCL) has reported a record profit after tax of ₦5.4 trillion for 2024 on revenue of ₦45.1 trillion, marking one of the strongest annual performances since the state-owned energy company transitioned into a commercially driven entity under the Petroleum Industry Act. The figures, which...