Author: Newsjaunts

The Energy Reforms Advocates (ERA) have praised President Bola Ahmed Tinubu for his decision to remove Mele Kyari as the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited. In a statement on Wednesday, Abdulkadri Isah, president of ERA, described the move as a courageous step toward reforming Nigeria’s oil sector and tackling entrenched corruption. He said Kyari’s removal would allow a full investigation into alleged fraudulent refinery projects under former President Muhammadu Buhari’s administration. “The dismissal of Mele Kyari signals a new dawn in our nation’s commitment to eradicating corruption in the oil and gas…

LAGOS, NIGERIA – In a landmark move that sets a new benchmark for customer-focusedbanking in Nigeria, Sterling Bank has championed the cancellation of bank transfer fees by major banks, announcing it will no longer take any money for itself for any local online transactions by its customers. The announcement, made on April 1st, initially sparked widespread arguments, with manyassuming it was a marketing prank tied to April Fools’ Day. However, Sterling has confirmed that this is no stunt: the zero-transfer-fee policy is real, and effective immediately. With this move, Sterling becomes the first major Nigerian bank to take a definitive…

Business mogul, Chief Linus Obi, on Monday paid glowing tributes to President Bola Tinubu who he described as “a man of integrity and principles” Obi in a statement in Lagos expressed satisfaction with the level of transformation taking place in the country. “President Bola Tinubu deserves commendation for promoting good governance, strengthening Nigeria’s economy, improving fiscal capacity and enhancing citizens’ quality of life.” The Igbo entrepreneur commended Tinubu for the investment in infrastructure, security, education and health in the country “Even the blind can see the impressive achievements of President Bola Tinubu.” In the statement entitled 73 cheers to a…

The Managing Director/ Chief Executive Officer, Abbey Mortgage bank, Mr. Mobolaji Adewumi, has identified investment in infrastructure as a significant step in widening the investment basket in the real estate sector. He made this call along other experts at the first quarter Detail Commercial Solicitors Business Series held on Thursday in Lagos to identify key opportunities and growth in the Nigeria’s Real Estate Sector. According to Adewumi, “The real estate sector in Nigeria is poised for significant growth, riding on three key drivers; peri-urban development, fractional ownership and cost-effective sustainability innovation. “Building a bridge across a peri-urban community and a…

The 2nd of April holds a profound significance for me. This year marks a momentous milestone – my 50th birthday—a celebration of half a century filled with rich experiences and impactful contributions. In stark contrast to the jubilant celebrations of my 40th birthday, which saw the streets of Lagos alive with revelry, I have chosen a path of humility and gratitude to observe this occasion. I plan to reflect quietly on my journey and offer heartfelt thanks to my creator for the many blessings I have received. My life story is truly remarkable. The inspiration for my thriving real estate…

Hon. Adeleye Lukman Olalekan, Minority Leader of the Ogun State House of Assembly, has extended heartfelt Eid Mubarak wishes to the Muslim faithful in Odogbolu State Constituency as Ramadan comes to a close. In his message, Hon. Olalekan emphasized the significance of Eid as a time for celebration, reflection, and gratitude. He highlighted the values of unity, compassion, and generosity that Ramadan instills, urging constituents to carry these virtues throughout the year. Acknowledging the nation’s current challenges, including economic hardship and threats to democratic values, Hon. Olalekan reassured his constituents of brighter days ahead. He called for perseverance, hope, and…

Adron Homes and Properties has extended heartfelt Eid-al-Fitr greetings to the Muslim community across Nigeria and beyond, marking the conclusion of Ramadan—a month characterized by faith, devotion, and sacrifice. In its message, Adron Homes emphasized the importance of unity, gratitude, and generosity, values that define the essence of Eid-al-Fitr. The company also reflected on the blessings brought by fasting and prayer, expressing hopes for continued peace, stability, and prosperity across Nigeria. As part of its Eid celebrations, Adron Homes conveyed deep appreciation to its loyal customers for their trust and partnership. The organization reaffirmed its commitment to providing affordable and…

Glo Foundation, the Corporate Social Responsibility (CSR) arm of Globacom, on Saturday extended its Food Drive Initiative “Giving Back Together” to more communities as thousands of families in Ikota, Ajah, Lagos, received packages of food and household items from the team. Two Saturdays ago, the foundation was in Bariga where it shared food and other household items to thousands of other vulnerable members of the community. In a similar vein, Glo Foundation officials and the project partners, the Lagos Food Bank Initiative, last Saturday presented packages containing Rice, Garri, Spaghetti, noodles, tomato paste, tooth brushes, sardines, salt, vegetable oil, bread…

The Beautified International Christian Center (BICC) is set to host a powerful spiritual event titled “Zionic Travail: Prophetic Encounter for the Prosperity of Our Children”. Themed “OJA ABIYAMO,” this gathering promises to be a transformative experience for parents and guardians committed to securing a prosperous future for their children. The event is scheduled to take place on Tuesday, April 1st, 2025, at 7 am. Attendees are invited to Beautyland 3, Kamoru Biobaku Street, Opposite Samoris Hotel by Kaslat Filling Station, Oke Lantoro, Abeokuta. Under the leadership of Apostle Dr. Ade Ojerinde, the session will focus on prophetic intercessions and spiritual…

The President of the Nigeria Volleyball Federation (NVBF), Engineer Musa Nimrod, has expressed confidence in the country’s readiness to host the African Women’s Club Volleyball Championship, scheduled to take place from April 1 to 14 in Abuja. Speaking during an inspection of facilities, Nimrod commended the Nigeria Customs Service (NCS), the main sponsor of the championship, for their unwavering support. “With the help of the Nigeria Customs Service, who are the main sponsors, we want to say thank you very much. They are doing a very good job, and we appreciate them,” he said. The Nigeria Customs Service, as the…