March 2025 – Page 146

Senate: Akpoti-Uduaghan Suspended For Gross Misconduct, Not Sexual Harassment Allegation

13.03.2025

The Senate has vehemently debunked allegations that the six-month suspension of Senator Natasha Akpoti-Uduaghan was related to claims of sexual harassment, asserting that the disciplinary action stemmed solely from her “gross misconduct” and repeated violations of parliamentary rules. In a strongly worded press statement issued by Senate Leader, Senator Bamidele Opeyemi yesterday, the upper legislative...

Business

Oil sector reforms attracted $17bn investments – NNPC

13.03.2025

The Nigerian National Petroleum Company Limited has revealed that reforms in the oil and gas sector, driven by the enactment of the Petroleum Industry Act 2021 and Executive Orders issued by President Bola Tinubu, attracted about $17bn in foreign investment in 2024. The Executive Vice President of Upstream, Udy Ntia, disclosed this during an investor...

Lush Hair Unveils Nollywood Star Funke Akindele, Others As Ambassadors

13.03.2025

Lush Hair, a Premium Haircare brand, has unveiled Nigeria’s most influential female stars—Funke Akindele (Jenifa), Anita Alaire Afoke Asuoha (Real Warri Pikin), and Rachael Okonkwo (Nkoli Nwa Nsukka)—as its brand ambassadors. With this powerhouse trio, Lush Hair is set to inspire even more women to embrace their beauty confidently. The grand unveiling took place on...

Reps pass Nigerian Insurance Reform Act

13.03.2025

The House of Representatives on Wednesday enacted the Nigeria Insurance Industry Reform Act, 2024, to provide for a comprehensive legal and regulatory framework for insurance business in Nigeria. The new Act repealed the Insurance Act, Cap 117, Laws of the Federation of Nigeria, 2004; the Marine Insurance Act, Cap M3, Laws of the Federation of...

AfDB, IITA sign €5m deal to boost agriculture

13.03.2025

The African Development Bank Group has signed an agreement with the International Institute of Tropical Agriculture to finance Phase II of the Technologies for African Agricultural Transformation programme. The TAAT programme is a core component of the AfDB’s Feed Africa Strategy, aimed at enhancing food security by increasing the productivity of smallholder farmers. Its objective...

Diageo, Tolaram appoint executives to drive expansion

13.03.2025

Diageo and Tolaram have reinforced their leadership in Nigeria’s spirits industry with strategic executive appointments, signaling a new era of innovation, growth, and market expansion. According to a statement issued on Wednesday, this move comes at a pivotal time as both companies deepen their presence in West and Central Africa’s beverage sector. Diageo, a global...

FG to review bilateral air services agreement with Jamaica

13.03.2025

The Federal Government has started a review of its Bilateral Air Service Agreement process with Jamaica to enable a direct flight arrangement between both countries. The media aide to the Minister of Aviation and Aerospace Development, Festus Keyamo, Tunde Moshood, made this known on Wednesday, referencing a meeting between the Jamaican Ambassador to Nigeria, Lincoln...

Court dismisses N374bn ginger farmers’ suit against Keystone Bank

13.03.2025

The Federal High Court in Abuja has struck out a N374bn agricultural loan suit brought against Keystone Bank by the Ginger Growers, Processors, and Marketers Association of Nigeria. The presiding judge, Justice Obiora Egwuatu, dismissed the suit, which represented 31,309 farmers’ claims against the bank, on jurisdictional grounds. The suit, which concerns the Anchor Borrowers’...

Stanbic IBTC Infrastructure Fund backs SIFAX on Ijora Terminal

13.03.2025

The Stanbic IBTC Asset Management, manager of the Stanbic IBTC Infrastructure Fund, has partnered with SIFAX Group of Companies Limited to facilitate the development of an ultra-modern port terminal in Ijora, Lagos. According to a statement from the fund on Tuesday, the partnership with the group’s subsidiary, SIFAX Shipping ICT Limited, will develop the Ijora...

Top 15 News Roundup For Latest Nigeria News March 13

13.03.2025

Here is New Telegraph’s news roundup of the top 15 latest Nigerian news making headlines today Thursday, March 13, 2025. Okpebholo Reinstates Suspended Attorney General, Osagie The Edo State Governor , Monday Okpebholo,has recalled his suspended Attorney General and Commissioner for Justice, Samson Osagie. Recall that Osagie was suspended over a year ago due…Read more ...