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    Abubakar Badaru resigns as minister of defence

    Abubakar Badaru resigns as minister of defence

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    Cadbury Nigeria Plc Announces Retirement of Managing Director and Appointment of Interim MD

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    President Tinubu Pulls Police from VIPs, Approves 30,000 New Officers

    FG Closes 41 Unity Schools Amid Bandit Attacks

    FG Closes 41 Unity Schools Amid Bandit Attacks

    Nnamdi Kanu moved from DSS custody to Sokoto prison – Aloy Ejimakor

    Nnamdi Kanu moved from DSS custody to Sokoto prison – Aloy Ejimakor

    Gunmen abduct unidentified man in Anambra state

    Gunmen Storm St. Mary’s Catholic School Niger State, Abduct Unknown Number of Pupils and Teachers

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    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

    Headline Inflation in Nigeria rose to 22.04% in March

    Nigeria’s inflation eases to 16.05% in October 2025

    President Buhari hikes Petrol Price to N212 per litre through the PPPRA

    Federal Government suspends 15% import tax on imported petrol

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

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    The New Tax Acts and Tax ID – What You Need to Know

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    Airtel Africa Announces Total Voting Rights

    NNPC releases retail prices of Dangote petrol nationwide,  says it bought at $0.52/L

    NNPCL Posts ₦5.07tn Revenue, ₦447bn Profit Even as Production Hits 10-Month Low

    Ekiti State Government sales stake in Wema Bank Plc

    First HoldCo Completes 100% Sale of FBNQuest Merchant Bank to EverQuest

    Eterna Plc proposes Rights Issue at ₦22. 00 per share

    Eterna Plc proposes Rights Issue at ₦22. 00 per share

    Cadbury Nigeria Plc Announces Retirement of Managing Director and Appointment of Interim MD

    Cadbury Nigeria Plc Announces Retirement of Managing Director and Appointment of Interim MD

    Delisting of Access Bank Plc and listing of Access Holdings Plc

    Access Holdings Announces Extraordinary General Meeting to Approve ₦40bn Private Placement

    Presco Plc Clarifies Secure Land Rights for Ologbo Estate After False Revocation Report

    Presco Plc Clarifies Secure Land Rights for Ologbo Estate After False Revocation Report

    FY 2020: Fidelity Bank Plc reports decline in both gross earnings and profit

    Fidelity Bank Plc Gross Earnings Cross ₦1.1 Trillion, Profit drops to ₦211.7bn in Q3 2025

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    Greif Nigeria Plc nears final stage of its voluntary liquidation process

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    Again DMO offers N360 billion FGN bond for February

    FGN Opens Subscription for December 2025 Savings Bonds at 13.538% and 14.538%

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Silver and other Precious Metals Surges amid Economic concerns

    Silver and other Precious Metals Surges amid Economic concerns

    MTN Nigeria to pay over N200 billion final dividend for 2022

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    Nigerian Exchange Daily Market Report: ASI up by 0.15% on Wednesday

    Domestic Investors dominate transactions on the Nigerian Exchange in September 2025

    Wema Bank Plc rights issue opens for subscription

    Wema Bank Plc lists 4.5 billion new shares offered through private placement

    FG lists 4 border points in Ukraine Nigerians can cross to safety

    Trans-Nationwide Express Rights Issue: Trading Activated on NGX

    The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

    The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

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    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

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    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

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    Abubakar Badaru resigns as minister of defence

    Abubakar Badaru resigns as minister of defence

    Cadbury Nigeria Plc Announces Retirement of Managing Director and Appointment of Interim MD

    Cadbury Nigeria Plc Announces Retirement of Managing Director and Appointment of Interim MD

    Policeman kill driver over N100 bribe in Anambra

    President Tinubu Pulls Police from VIPs, Approves 30,000 New Officers

    FG Closes 41 Unity Schools Amid Bandit Attacks

    FG Closes 41 Unity Schools Amid Bandit Attacks

    Nnamdi Kanu moved from DSS custody to Sokoto prison – Aloy Ejimakor

    Nnamdi Kanu moved from DSS custody to Sokoto prison – Aloy Ejimakor

    Gunmen abduct unidentified man in Anambra state

    Gunmen Storm St. Mary’s Catholic School Niger State, Abduct Unknown Number of Pupils and Teachers

    Nnamdi Kanu Lists Wike, Hope, Sanwo Olu and others as Witnesses in Terrorism Trial

    Federal High Court sentences Nnamdi Kanu to Life imprisonment

    Kanu says entering a defense is pointless, “no valid charges against me”

    Federal High Court Convicts Nnamdi Kanu of Terrorism

    Nnamdi Kanu Lists Wike, Hope, Sanwo Olu and others as Witnesses in Terrorism Trial

    Nnamdi Kanu Physically Removed from Court After Outbursts as Judge Reads Terrorism Verdict

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    All diaspora remittances must be received by beneficiaries in foreign currency only – CBN

    CBN Rolls Out New Cash Rules, Sets Fresh Withdrawal Limits for 2026

    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

    Headline Inflation in Nigeria rose to 22.04% in March

    Nigeria’s inflation eases to 16.05% in October 2025

    President Buhari hikes Petrol Price to N212 per litre through the PPPRA

    Federal Government suspends 15% import tax on imported petrol

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    Trump warns of trade cuts with China over soybeans

    The New Tax Acts and Tax ID – What You Need to Know

    Nigerians to enjoy benefits of new tax laws from January 2026 – Oyedele

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

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    • Companies
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    Lasaco Assurance Plc announces delay in share reconstruction

    Lasaco Assurance Plans Major Capital Raise — Shareholders to Decide on December 9

    Airtel Africa  Announces Total Voting Rights

    Airtel Africa Announces Total Voting Rights

    NNPC releases retail prices of Dangote petrol nationwide,  says it bought at $0.52/L

    NNPCL Posts ₦5.07tn Revenue, ₦447bn Profit Even as Production Hits 10-Month Low

    Ekiti State Government sales stake in Wema Bank Plc

    First HoldCo Completes 100% Sale of FBNQuest Merchant Bank to EverQuest

    Eterna Plc proposes Rights Issue at ₦22. 00 per share

    Eterna Plc proposes Rights Issue at ₦22. 00 per share

    Cadbury Nigeria Plc Announces Retirement of Managing Director and Appointment of Interim MD

    Cadbury Nigeria Plc Announces Retirement of Managing Director and Appointment of Interim MD

    Delisting of Access Bank Plc and listing of Access Holdings Plc

    Access Holdings Announces Extraordinary General Meeting to Approve ₦40bn Private Placement

    Presco Plc Clarifies Secure Land Rights for Ologbo Estate After False Revocation Report

    Presco Plc Clarifies Secure Land Rights for Ologbo Estate After False Revocation Report

    FY 2020: Fidelity Bank Plc reports decline in both gross earnings and profit

    Fidelity Bank Plc Gross Earnings Cross ₦1.1 Trillion, Profit drops to ₦211.7bn in Q3 2025

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    Greif Nigeria Plc nears final stage of its voluntary liquidation process

    Greif Nigeria Plc Completes Liquidation, Shareholders Receive Final ₦9 Per Share Payout

    Again DMO offers N360 billion FGN bond for February

    FGN Opens Subscription for December 2025 Savings Bonds at 13.538% and 14.538%

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Silver and other Precious Metals Surges amid Economic concerns

    Silver and other Precious Metals Surges amid Economic concerns

    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2025, qualification and payment dates

    Nigerian Exchange Daily Market Report: ASI up by 0.15% on Wednesday

    Domestic Investors dominate transactions on the Nigerian Exchange in September 2025

    Wema Bank Plc rights issue opens for subscription

    Wema Bank Plc lists 4.5 billion new shares offered through private placement

    FG lists 4 border points in Ukraine Nigerians can cross to safety

    Trans-Nationwide Express Rights Issue: Trading Activated on NGX

    The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

    The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

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    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

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BREAKING: Rishi Sunak set to be UK Prime as Mordaunt drops out of race

Monday, 24 October 2022, 2:36 pm
in News, World
0
BREAKING: Rishi Sunak set to be UK Prime as Mordaunt drops out of race
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Rishi Sunak is set to become UK Prime Minister seven weeks after losing to Liz Truss in this year’s first Tory leadership contest.

Recall that Truss, who succeeded Boris Johnson resigned last week Thursday after 45 days in office, saying she could not deliver the mandate she was elected on.

Sunak will be the UK’s first British Asian prime minister.

Sunak’s victory to succeed Truss comes after his opponent Penny Mordaunt who failled to get the backing of 100MPsdropped out of the Tory leadership race. She declared her full support to Sunak.

Announcing there was just one person with the backing of 100 MPs, 1922 Committee chairman Sir Graham Brady confirmed the new Tory leader Rishi Sunak will address MPs at 14:30 BST.

Here is Penny Mordaunt’s full statement:
“Our Party is our membership. Whether we are elected representatives, activists, fundraisers or supporters. We all have a stake in who our leader is.

“These are unprecedented times. Despite the compressed timetable for the leadership contest it is clear that colleagues feel we need certainty today. They have taken this decision in good faith for the good of the country.

“Members should know that this proposition has been fairly and thoroughly tested by the agreed 1922 process.

“As a result, we have now chosen our next Prime Minister. This decision is an historic one and shows, once again, the diversity and talent of our party. Rishi has my full support.

“I am proud of the campaign we ran and grateful to all those, across all sides of our party, who gave me their backing. We all owe it to the country, to each other and to Rishi to unite and work together for the good of the nation. There is much work to be done.”

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

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