The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has expressed gratitude to the University of Calabar (UNICAL) for conferring on him an honorary Doctor of Law degree, describing it as a historic recognition of his contributions. Speaking at the university’s 37th Convocation Ceremony and 50th-anniversary celebration, Wike said the honour reinforces his commitment to advancing education, governance, and …
Read More »Daily Archives: March 22, 2025
Abbey Mortgage Bank Leads NGX Mortgage Stocks with 20% YtD Gain
Abbey Mortgage Bank has emerged as the best-performing mortgage stock on the Nigerian Exchange (NGX), delivering a 20% year-to-date (YtD) gain as of March 20, 2025. This builds on its impressive 35% return in 2024, marking a 291% rally over five years—from N0.92 in 2019 to N3.60. With a dividend yield of 1.11% (N0.04 per share), Abbey’s total return now …
Read More »UNICEF Warns of Severe Funding Crisis: 1.3 Million Malnourished Children At Risk
The United Nations Children’s Fund (UNICEF) has raised alarm over a worsening funding crisis that could leave 1.3 million children under five suffering from severe acute malnutrition without access to life-saving treatment this year. UNICEF’s Deputy Executive Director, Kitty van der Heijden, made the statement on Friday at the Palais des Nations in Geneva, highlighting the dire situation in Ethiopia, …
Read More »Veteran Nollywood Actress Nkechi Nweje Passes Away After Brief Illness
Veteran Nollywood actress Nkechi Nweje has passed away after a brief illness, leaving the Nigerian film industry in mourning. Her death was confirmed on Saturday by popular movie producer Stanley Ajemba, known as Stanley Ontop, who took to Instagram to express his grief. Describing her as a vibrant actress and a dear friend, Ajemba recalled their last conversation, where she …
Read More »Minister Urges Collective Action For Water Security on World Water Day 2025
The Minister of Water Resources and Sanitation, Prof. Joseph Utsev, has called on stakeholders to take deliberate actions to enhance water security, promote local water conservation programs, and adopt water-saving practices. Speaking at a press briefing in Abuja to commemorate World Water Day 2025, themed “Glacier Preservation”, the minister emphasized that while Nigeria does not have glaciers, their rapid melting …
Read More »Wike Is Working For Nigeria, Not APC – PDP’s Dan Orbih
The National Vice-Chairman of the Peoples Democratic Party (PDP), Chief Dan Orbih, has defended the appointment of FCT Minister Nyesom Wike, stating that he is serving Nigeria, not the All Progressives Congress (APC). Speaking in an interview with the News Agency of Nigeria (NAN) in Abuja on Saturday, Orbih explained that Wike had sought and received approval from relevant PDP …
Read More »Rivers Sole Administrator Pledges Completion of State Assembly Complex Reconstruction
The Sole Administrator of Rivers State, Vice-Admiral Ibok Ete Ekwe Ibas (rtd), has reaffirmed his commitment to completing the ongoing reconstruction of the State House of Assembly Complex. During an inspection visit to the project site on Moscow Road, Port Harcourt, on Saturday, Ibas urged the contractor, Monier Construction Company (MCC) Ltd, to accelerate work and deliver the project within …
Read More »NDDC Empowers 300 Niger Delta Rice Farmers with N200,000 Starter Packs
The Niger Delta Development Commission (NDDC) has provided financial support to 300 rice farmers across the region, equipping each beneficiary with starter packs worth N200,000 to boost rice production. The initiative was announced in a statement on Saturday by NDDC Managing Director, Dr. Samuel Ogbuku, and released by the commission’s Director of Corporate Affairs, Mrs. Seledi Thompson-Wakama. The starter packs …
Read More »Gov. Alia Calls For National Ban on Open Grazing, Pushes For Ranching Reforms
Benue State Governor, Rev. Fr. Hyacinth Alia, has urged the Federal Government to enact national legislation banning open grazing, advocating for modern ranching practices to boost Nigeria’s livestock industry. Governor Alia emphasized the transformative potential of livestock development in tackling food insecurity, generating wealth, and contributing to Nigeria’s GDP. He praised President Bola Ahmed Tinubu for establishing the Federal Ministry …
Read More »Nigeria Governors Forum Declines To Take a Stand on Rivers State Emergency
The Nigeria Governors Forum (NGF) has stated that it will not take a position on President Bola Tinubu’s declaration of a state of emergency in Rivers State, emphasizing its role as a neutral platform for policy collaboration and governance. In a statement on Saturday, NGF Director General Abdulateef Shittu explained that taking sides on divisive political issues would contradict the …
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