Leading Reporters
  • Headlines
  • Health
  • Business
  • Exclusives
  • Investigation
  • Entertainment
  • Opinion
Sunday, March 15, 2026
Hot
Petrol Subsidy Removal Pushes 63% of Nigerians Below...
“We Are Not Miyetti Allah” — Plateau Fulani...
Reps prescribe 2-year jail term, 10m fine for...
Row In Senate As Natasha Akpoti-Uduaghan Dropped From...
Fire Breaks Out At Federal Head Of Service...
Police reportedly remove force PRO Hundeyin 6 months...
BREAKING: Tinubu appoints Taiwo Oyedele as Minister
“If I Run for President, Nigerians Will Vote...
Fuel Price in Nigeria Set to Increase amid...
INEC Shifts 2027 General Elections to January, February...
  • About Leading Reporters
  • Contact Us
Leading Reporters
Advertise With Us
  • Headlines
  • Health
  • Business
  • Exclusives
  • Investigation
  • Entertainment
  • Opinion
Hot
Petrol Subsidy Removal Pushes 63% of Nigerians Below...
“We Are Not Miyetti Allah” — Plateau Fulani...
Reps prescribe 2-year jail term, 10m fine for...
Row In Senate As Natasha Akpoti-Uduaghan Dropped From...
Fire Breaks Out At Federal Head Of Service...
Police reportedly remove force PRO Hundeyin 6 months...
BREAKING: Tinubu appoints Taiwo Oyedele as Minister
“If I Run for President, Nigerians Will Vote...
Fuel Price in Nigeria Set to Increase amid...
INEC Shifts 2027 General Elections to January, February...
Leading Reporters
Leading Reporters
  • Headlines
  • Health
  • Business
  • Exclusives
  • Investigation
  • Entertainment
  • Opinion
Copyright 2024 - All Right Reserved
Home > Archives for > Page 51
Author

Nelson Ugwuagbo

Nelson Ugwuagbo

Paschal Dozie
Headlines

Pascal Dozie, Founder of Diamond Bank and Former MTN Nigeria Chairman, Dies at 85

by Nelson Ugwuagbo April 8, 2025
written by Nelson Ugwuagbo

Pascal Dozie, founder of the defunct Diamond Bank Plc and former chairman of MTN Nigeria, has died at the age of 85.

A statement issued by his family on Tuesday confirmed that the prominent businessman passed away in the early hours of April 8, 2025.

The statement, signed by his son, Uzoma Dozie, reads: “With deep sorrow, but with gratitude to God for a life well spent, we announce the passing of our beloved father, Pascal Gabriel Dozie, on 8th April 2025. He was a devoted husband, father, grandfather, and a man of unwavering Catholic faith. His life was marked by service to God, his family, and his country.”

Dozie is survived by his wife, Chinyere, his children, grandchildren, and other relatives.

Born in 1939, Dozie played a key role in the development of Nigeria’s banking and telecommunications sectors. He founded Diamond Bank in 1990, which grew into one of Nigeria’s leading financial institutions before its merger with Access Bank. He later handed over the leadership of the bank to his son, Uzoma.

Dozie also served as the pioneer chairman of MTN Nigeria, where he was instrumental in the telecom company’s entry into the Nigerian market and its subsequent growth.

In recognition of his contributions to the country’s economic development, he was awarded the national honour of Commander of the Order of the Niger (CON).

April 8, 2025 0 comments
0 FacebookTwitterPinterestThreadsBlueskyEmail
Police
Headlines

Tinubu Declares April 7 as National Police Day

by Nelson Ugwuagbo April 7, 2025
written by Nelson Ugwuagbo

President Bola Tinubu has officially declared April 7 of every year as National Police Day in honour of fallen officers and to recognise the sacrifices and service of personnel of the Nigeria Police Force.

The announcement was made on Monday by Vice President Kashim Shettima, who represented the President at the maiden National Police Day celebration, held at the Eagle Square, Abuja, as part of events marking the 2025 Police Week.

In his address, President Tinubu reaffirmed his administration’s commitment to building a modern, professional police force, equipped with advanced tools and technology to effectively combat crime and maintain public order.

He stressed the need for a proactive and well-supported police system, stating that it is essential for the nation’s security forces to remain ahead of those who pose threats to Nigeria’s peace, welfare, and prosperity.

April 7, 2025 0 comments
0 FacebookTwitterPinterestThreadsBlueskyEmail
Edo State
Headlines

After 12 Years, Edo Government Starts Gratuity Payments to Retirees

by Nelson Ugwuagbo April 7, 2025
written by Nelson Ugwuagbo

Governor Monday Okpebholo of Edo State has approved the payment of gratuities owed to retired civil servants since 2012, marking a significant move to address the decade-long backlog.

According to a statement issued on Monday by the governor’s Chief Press Secretary, Fred Itua, the state government has commenced the disbursement of N1 billion as the first phase of payments. The initiative, the statement noted, is part of the administration’s efforts to fulfil its commitment to pensioners and resolve liabilities inherited from previous administrations.

“For over a decade, many of our retirees have suffered due to the non-payment of their gratuities. This administration is putting an end to that hardship,” the statement quoted Governor Okpebholo as saying.

The governor reaffirmed his administration’s dedication to the welfare of retired workers, stressing that those who served the state deserve to receive their entitlements without further delay.

“We recognise the sacrifices made by our retirees, and it is unacceptable that they have had to wait this long for what is rightfully theirs,” he said. “Our administration will not only clear these arrears but will also put measures in place to ensure such delays do not happen in the future.”

Okpebholo further stated that the payments would be made in phases and guided by a structured verification process to ensure transparency and fairness.

“This is just the beginning. We will not abandon our pensioners. We are determined to ensure that those who served Edo State diligently are treated with the respect and care they deserve,” he added.

April 7, 2025 0 comments
0 FacebookTwitterPinterestThreadsBlueskyEmail
Minimum wage
Headlines

20 States Yet to Implement N70,000 Minimum Wage for LG Workers, Primary School Teachers – NULGE

by Nelson Ugwuagbo April 7, 2025
written by Nelson Ugwuagbo

The National President of the Nigeria Union of Local Government Employees (NULGE), Alhaji Haruna Kankara, on Sunday, revealed that about 20 states are yet to implement the N70,000 new minimum wage for local government workers and primary school teachers.

Speaking to The PUNCH, Kankara listed the affected states to include Yobe, Gombe, Zamfara, Kaduna, Imo, Ebonyi, Cross River, the Federal Capital Territory (FCT), Abuja, Borno, Sokoto, and several others.

The disclosure comes months after President Bola Tinubu signed the Minimum Wage Act, 2024 into law on July 29, 2024. The new law increased the national minimum wage from N30,000 to N70,000, representing a 133 percent increment, in response to the country’s economic challenges.

Following the passage of the law, approximately 20 states began implementing the new wage structure. These include Lagos, Rivers, Bayelsa, Niger, Enugu, Akwa Ibom, Abia, Adamawa, Anambra, Jigawa, Gombe, Ogun, Kebbi, Ondo, and Kogi, among others.

Kankara, however, noted that while some states have commenced payment to state government employees, they have excluded local government workers and primary school teachers.

“We truly have the challenge of so many states, like about 20 that have not started implementing the new minimum wage,” he said.

“Some have started paying the state workers, leaving out the local government workers and primary school teachers, but we have continued to engage and plead with them to do the needful for these workers. Some of them promised but failed to fulfil their promise, but we are hoping that just very soon all of these would have been resolved,” Kankara added.

April 7, 2025 0 comments
0 FacebookTwitterPinterestThreadsBlueskyEmail
Stock Market
Africa & World

U.S Stock Enter Bear Market As Trump Tariff War Rages On

by Nelson Ugwuagbo April 7, 2025
written by Nelson Ugwuagbo

U.S. stock markets opened sharply lower on Monday, extending losses from the previous week, as escalating concerns over President Donald Trump’s proposed tariffs raised fears of a global economic slowdown and weakened investor confidence.

The Dow Jones Industrial Average fell by 1,200 points, or 3.2%, in early trading. The S&P 500 dropped 3.4%, entering bear market territory—defined as a decline of 20% or more from a recent high. The tech-heavy Nasdaq Composite also slid 3.96%.

The downturn followed steep losses in global markets, with Asian and European indices experiencing historic declines. The S&P 500, which hit an all-time high on February 19, reached bear market status in less than seven weeks—marking one of the fastest transitions from peak to bear market in history. The fastest on record occurred in early 2020 during the COVID-19 pandemic.

Investor sentiment remains fragile amid fears that Trump’s sweeping tariffs—particularly targeting China and key trade partners—could disrupt global supply chains and dampen U.S. economic growth. The tariffs, part of the administration’s protectionist trade policies, have already sparked retaliatory threats from affected countries, fueling market volatility.

Despite the widespread selloff, some analysts believe a bottom may be near. James Demmert, Chief Investment Officer at Main Street Research, noted that the scale and pace of the recent declines point to panic-driven selling.

“We are getting close to a bottom,” Demmert said. “The fact that stocks have dropped so significantly in these deep intraday moves is a clear sign of indiscriminate and fear-based selling. When this happens, we tend to soon see significant rallies.”

Stocks are now trading at approximately 15 times projected future earnings, a level considered historically inexpensive. Analysts suggest that such valuations could attract bargain hunters and help spark a rebound if investors believe the market is oversold.

Still, the continued turbulence may complicate the message investors are attempting to send to the White House. The market turmoil could pressure the administration to reconsider or moderate its trade stance, potentially opening the door for negotiations with key economic partners.

April 7, 2025 0 comments
0 FacebookTwitterPinterestThreadsBlueskyEmail
Lakurawa
Headlines

Lakurawa Insurgents Kill 13 Vigilantes in Kebbi Community

by Nelson Ugwuagbo April 7, 2025
written by Nelson Ugwuagbo

At least 13 members of a vigilante group have been reportedly killed by suspected Lakurawa insurgents in an attack on the Maori community in Augie Local Government Area of Kebbi State.

According to Daily Trust, the incident occurred when the vigilantes attempted to resist the attackers who were rustling cattle from the community.

A resident, identified as Ibrahim Augie, told the newspaper that the vigilantes mobilised to repel the terrorists but were ambushed and overpowered.

“The vigilantes hid to attack and recapture the rustled cattle, but they didn’t know the Lakurawa had already seen them, and they were shot and killed,” he said.

Efforts to reach the spokesperson of the Kebbi State Police Command, Nafiu Abubakar, for comment were unsuccessful at the time of filing this report.

April 7, 2025 0 comments
0 FacebookTwitterPinterestThreadsBlueskyEmail
Labour Party
Headlines

Peter Obi, Gov. Otti Fix Labour Party NEC Meeting for April 9

by Nelson Ugwuagbo April 7, 2025
written by Nelson Ugwuagbo

The 2023 Labour Party presidential candidate, Mr. Peter Obi, and the Governor of Abia State, Dr. Alex Otti, have scheduled the party’s National Executive Committee (NEC) meeting for April 9 in Abuja.

This was disclosed in a statement issued on Monday by Mr. Ibrahim Umar, spokesman of the Peter Obi Media Reach.

According to the statement, the NEC meeting will be followed by an interactive session involving major stakeholders and other key organs of the party.

Expected attendees include Mr. Obi’s 2023 running mate, Dr. Datti Baba-Ahmed, serving and former senators, as well as all senatorial candidates from the 2023 general election.

Also invited are current and former members of the House of Representatives, 2023 House of Representatives candidates, members of the National Caretaker Committee, and the National Transition Committee.

Other stakeholders expected at the meeting are former governorship candidates who remain in the party, representatives of the NLC/TUC Political Commission, and members of the former National Working Committee.

Umar said the meeting, convened by the two party leaders, has become necessary to clarify issues surrounding the recent Supreme Court judgment.

The Supreme Court had, on Friday, ruled that the Court of Appeal lacked jurisdiction over the internal affairs of the Labour Party.

April 7, 2025 0 comments
0 FacebookTwitterPinterestThreadsBlueskyEmail
Tinbu
Headlines

Tinubu Hails Asiwaju of Ijebuland, Sulaiman Adegunwa, at 80

by Nelson Ugwuagbo April 4, 2025
written by Nelson Ugwuagbo

President Bola Ahmed Tinubu has congratulated the Asiwaju of Ijebuland, Sulaiman Adebola Adegunwa, on his 80th birthday, commending the industrialist for his significant contributions to national development.

In a statement on Friday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, Tinubu described Adegunwa as a longtime friend, seasoned businessman, and philanthropist whose work has impacted people and institutions across Nigeria.

“As he clocks 80, we celebrate a remarkable Nigerian whose investments in key sectors continue to drive economic growth, create employment, and improve livelihoods,” the President said.

Adegunwa, a former Chairman of Sterling Bank, currently serves as the Chairman and Chief Executive Officer of Essay Holdings Limited, the parent company of Rite Foods Limited. The company operates a modern food and beverage production facility in Ososa, Ogun State.

Tinubu praised Adegunwa’s leadership and philanthropic efforts, highlighting his role in building enterprises that promote both economic development and community well-being.

He prayed for Adegunwa’s continued good health and long life as family, friends, and associates gather to celebrate the milestone.

April 4, 2025 0 comments
0 FacebookTwitterPinterestThreadsBlueskyEmail
Funke Akindele
Entertainment

Funke Akindele Faces Allegation of Poor Compensation by Comedian Ijoba Lande

by Nelson Ugwuagbo April 4, 2025
written by Nelson Ugwuagbo

Nigerian comedian Ijoba Lande has accused popular filmmaker Funke Akindele of underpaying him after participating in one of her film projects.

In a video currently circulating on social media, Lande claimed he spent a month on set at Amen Estate but received only ₦90,000 in compensation. He alleged that he signed a contract he believed was a formality, only to later discover the payment terms were binding.

“I went to work for Funke Akindele in Amen Estate for one month. I was on set for one whole month,” he said in the video. “When I got there, the producer gave me a form to sign and I saw that I’ll be paid ₦90,000 every month. I was shocked, but I had already started working for them.”

Lande, who described his experience as disappointing, said he refrained from negotiating his payment upfront due to Akindele’s status in the industry. “I didn’t want to bill her because of her status,” he added. “But now, even if Michael Jackson asks me to work, I’ll let him know my rates.”

He further advised aspiring actors not to assume any job offer is a favour, urging them to clarify payment terms before accepting roles. “Don’t see anyone as a god,” he said. “If you really need me, you’ll pay.”

The comedian also disclosed that despite multiple appearances on set, he never took photos with Akindele, alleging that she did not make herself available.

As of the time of this report, Funke Akindele has not issued a response to the allegations.

April 4, 2025 0 comments
0 FacebookTwitterPinterestThreadsBlueskyEmail
Ayo Sotinrin
Headlines

Tinubu Appoints Ayo Sotinrin Managing Director Bank of Agriculture

by Nelson Ugwuagbo April 4, 2025
written by Nelson Ugwuagbo

President Bola Tinubu has approved the appointment of Ayo Sotinrin as the new Managing Director of the Bank of Agriculture (BOA).

The appointment was announced on Friday, April 4, 2025, in a statement signed by Bayo Onanuga, Special Adviser to the President on Information and Strategy.

Sotinrin, a seasoned finance and agribusiness professional, previously served as Group Chief Executive Officer at SAO Group. According to the Presidency, his tenure at SAO Agro was marked by major agricultural ventures, including the development of a 20,000-hectare oil palm plantation and large-scale poultry, aquaculture, maize, and cassava projects in Ondo State.

He also led SAO Capital, where he facilitated over $750 million in infrastructure and development financing, notably securing $200 million for the Akure Water Supply Project.

In the public sector, Sotinrin served as Special Adviser on Environment and Urban Development to the Minister of State for the Federal Capital Territory from 2011 to 2015. He has also consulted for international development organisations such as the World Bank, African Development Bank, DFID, and USAID.

His private sector experience includes roles at the Royal Bank of Scotland International, Deutsche Bank, and the UK Environment Agency.

Sotinrin holds an Executive MBA from Saïd Business School, University of Oxford, a Master’s degree in Engineering Business Management from the University of Warwick, and an Advanced Diploma in Environmental Conservation.

The Presidency said the appointment aligns with President Tinubu’s efforts to revitalise the agricultural sector, noting that Sotinrin’s expertise in mobilising capital and driving agribusiness innovation would support the BOA’s mandate for food security and rural development.

April 4, 2025 0 comments
0 FacebookTwitterPinterestThreadsBlueskyEmail
Newer Posts
Older Posts

Recent Posts

  • WikiLeaks’ Assange says ‘no dirt’ on Trump, praises former US President

    March 15, 2026
  • Tinubu: BAT Movement Reaffirms Support for Second Term

    March 14, 2026
  • Church Donates Tech Equipment to NIS

    March 14, 2026
  • CBN directs banks to block loan defaulters from accessing credit facilities

    March 13, 2026
  • Petrol Subsidy Removal Pushes 63% of Nigerians Below Poverty Line — Report

    March 13, 2026

Usefull Links

  • Contact Page
  • About Leading Reporters
  • Contact Us
  • Headlines
  • Investigation
  • Exclusives
  • Opinion
  • Business
  • Facebook
  • Twitter
  • Instagram
  • Linkedin

@2021 - All Right Reserved. Designed and Developed by PenciDesign


Back To Top
Leading Reporters
  • Featured
  • Politics
  • Opinion
  • Business
  • Entertainment
  • Sports
  • About Us
  • Contact