Osita Chidoka
2 days ago
The fallout from the September 2024 Edo State governorship election has taken a dramatic turn as former Minister of Aviation Osita Chidoka accused the Independent National Electoral Commission (INEC) of systemic rigging. Speaking on Channels Television’s Politics Today, Chidoka presented detailed evidence of electoral malpractice, alleging deliberate manipulation to favour the ruling All Progressives Congress…
3 days ago
The former Minister of Aviation and Aerospace Development on the administration of former President Goodluck Jonathan, Osita Chidoka, has resigned from the Peoples Democratic Party (PDP). Speaking during an appearance on Channels Television's Politics Today programme, Chidoka revealed that he has sent his resignation letter to his ward in Anambra to the effect. He also…
23 May
A former Nigerian aviation minister, Osita Chidoka, has faulted the return of Emirates Airlines to Nigeria. Chidoka, who was aviation minister from July 2014 to April 2015, said the airline, with its hub in the United Arab Emirates
22 May
Former aviation minister and Chancellor of Athena Centre for Policy and Leadership, Osita Chidoka, has called on African youths to join and participate actively in the wind of change on the continent.
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The Lagos State government has announced the diversion of traffic on Marine Bridge for repair works, which will run from Wednesday, December 4, 2024, to Tuesday, February 25, 2025. Commissioner for Transportation, Oluwaseun Osiyemi, in a statement yesterday, advised motorists to use alternative routes during the repairs. Those travelling from Apapa to Lagos Island are…
2 mins ago
Financial experts drawn from the non-interest finance sector in Africa have stressed the need to create strategies that would deepen the adoption of non-interest finance and takaful in Africa. The stakeholders who gathered at the second edition of the African Takaful and Non-Interest Finance Conference themed, ‘Islamic Finance and Takaful: Building Resilience in a Volatile…
2 mins ago
Union Bank of Nigeria Plc has announced the appointment of Bayo Adeleke as its new board chairman along with seven other new members to its board. The new appointees, according to a statement released yesterday, include two executive directors, Kelechi Nwaoba and Taiwo Shote, and five non-executive directors – Mohammed Balarabe, Chiamaka Ezenwa, Ibrahim Oruma,…
3 mins ago
An underwriter, Capital Express Life Assurance, said it generated a premium income of N7.892 billion in 2023 as against N5.023 billion in 2022, showing an increase of 57 per cent. The insurer’s profit before tax was N754 million in 2023, a remarkable turnaround from the N4.6 million losses recorded in 2022. Speaking to shareholders at…
4 mins ago
The Central Bank of Nigeria (CBN) has launched a new website in its bid to enhance public communications. The Acting Director, Corporate Communications of the CBN, Mrs Hakama Sidi Ali said the new website goes live today. The statement added: “The Bank has developed a contemporary Web API that operates on Microsoft .NET Core 8…
6 mins ago
Stakeholders in the country’s insurance industry need reforms to position the sector for growth and contribute significantly to the economy. The industry players who gathered at the 2024 edition of the Business Journal Lecture themed, ‘Repositioning the Insurance Industry to Drive Sustainable Economic Growth in Nigeria’, at the weekend in Lagos, also urged underwriting firms…
6 mins ago
The Federal Competition and Consumer Protection Commission (FCCPC) has launched a major inquiry into widespread consumer complaints against leading players in the banking, telecommunications and aviation sectors. In a statement issued yesterday in Abuja signed by the Commission’s director of corporate affairs, Ondaje Ijagwu, the FCCPC said the inquisitions, which will begin December 3 through…
8 mins ago
The sustained monetary tightening triggered a significant capital shift in the equities market in November as investors lost N63 billion in the month. This is contrary to the N2.5 trillion gain and unprecedented rally witnessed in the market in October 2024. The influx of impressive corporate earnings reports for the 2024 third quarter and nine…
9 mins ago
The Financial Reporting Council of Nigeria (FRC) is seeking an increase in transparency, integrity and standardisation in valuation practice as part of the desire to improve financial reporting. The Executive Secretary and Chief Executive Officer of the Council, Dr Rabiu Olowo, hinted at the aspiration Olowo at the Stakeholders’ Engagement on the Proposed Valuation for…