Daily Record

Tingo Founder, Dozy Mmobuosi, Fined $250m By US SEC

The US government has ordered Mr Dozy Mmobuosi, the CEO of Tingo Group, to pay a fine of over $250 million, months after he was officially charged with securities fraud in New York. First charged in December 2023, he was accused of orchestrating a massive scheme to inflate the company’s …

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$6Billion Debt, High Forex Rates Threaten Nigeria’s Petrol Supply, IPMAN Warns Of Prolonged Shortage

The development comes as the Independent Petroleum Marketers Association of Nigeria (IPMAN) reported that its members no longer have access to bulk petrol supplies. The prospect of a swift end to Nigeria’s petrol shortage appears increasingly bleak, as new revelations on Sunday highlighted the Federal Government’s mounting challenges. A staggering …

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No plan to shift date of Enugu LG election – ENSIEC

The Chairman of Enugu State Independent Electoral Commission (ENSIEC), Prof. Christian Ngwu said all arrangements had been concluded for hitch-free council polls into chairmanship and councillorship positions in the state scheduled for 21 September. Prof. Ngwu said this while dismissing speculations that the Sept. 21 date for the local government …

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Reactions as Portable secures 10-year Canada work visa

Nigerian singer Habeeb Okikiola, popularly known as Portable, is still reveling in the excitement of securing a 10-year Canadian work permit. The controversial artiste took to his Instagram page to proudly display his visa, expressing gratitude to God for making it possible. Earlier, Portable had announced the news, revealing that …

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Atiku Calls For Listing Of Nigeria’s Oil Company NNPCL On Stock Exchange Market, Says Firm Is ‘Gov’t’s ATM’

He criticized the current NNPCL arrangement, describing its claim of being private as misleading. Atiku Abubakar, former Vice President of Nigeria, has called for the Nigerian National Petroleum Company Limited (NNPCL) to be listed on the stock exchange in accordance with the Petroleum Industry Act. His call follows the NNPCL’s …

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