Management of Dangote Industries Limited (DIL) has refuted allegations that it engaged in illegal foreign exchange deals, warning those peddling the allegation of economic sabotage against the company to desist from such underhand practices. It gave the warning following claims in some sponsored reports in the online media, suggesting …
Read More »Dangote Group Accuses BUA of sponsoring False, Negative Reports against It
Management of Dangote Industries Limited (DIL) has refuted allegations that it engaged in illegal foreign exchange deals, warning those peddling the allegation of economic sabotage against the company to desist from such underhand practices. It gave the warning following claims in some sponsored reports in the online media, …
Read More »What next after the Re-opening of the Markets in Lagos?
By Olutayo Irantiola In the last few weeks, many markets across Lagos State have been locked and opened by the Ministry of Environment and the Lagos Waste Management Authority (LAWMA). There is no gainsaying that these markets are due for closure. However, what next after the re-opening of the …
Read More »Unity Bank Records N38.2 Billion Gross Earnings in Q3’23
LAGOS.3.11.2023. Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, an indication of business growth and customer confidence in the Bank. A review of the lender’s …
Read More »I can advise Akpabio because I’m older, more experienced – Ndume
The Senate Chief Whip, Senator Ali Ndume said he can advise the Senate President, Godswill Akpabio because he is older and more experienced in senate issues. Ndume stated this in an interview on Arise Television’s Morning Show on Friday. He said, “I’m older than Akpabio and can advise him on …
Read More »PDP chieftains sue Tinubu, Akpabio over Umoren’s REC appointment
Chairman of the Peoples Democratic Party (PDP) in Akwa Ibom State, Aniekan Akpan, and the Secretary, Harrison Ekpo, have sued President Bola Tinubu and the Senate President, Godswill Akpabio at the Federal High Court, Abuja, over the appointment of Etekamba Umoren the Resident Electoral Commissioner (REC) of the state. In …
Read More »Pochettino will not get a guard of honour on Monday night: Tottenham manager Ange
Ange Postecoglou and Mauricio Pochettino. Ange Postecoglou noted that Mauricio Pochettino had an “undeniable” impact on Tottenham but the Chelsea boss will not get a guard of honour when he returns to his old club on Monday night. Pochettino took charge of Spurs for over five seasons between 2014 and …
Read More »Polaris Bank In Distress Over Multi-Billion Naira Loan Given To 6 Directors Without Collateral
The distress of Polaris Bank may be far from over, this is as multi-billion-naira loans granted to six directors (inclusive of a former MD) of the bank without documented collaterals, are yet to be recovered. The distress enveloping Polaris Bank may be far from over, this is as multi-billion-naira loans …
Read More »Company unveils plans to invest $100m in Edo
President/CEO of Sunora Foods, Charles Eghobamien, and Governor Obaseki with the MOU to invest US$100 million in oil palm value chain and other crops in Edo. The President and Chief Executive Officer of Sunora Foods Mr Charles Eghobamien, has revealed plans by his company to invest US$100 million in …
Read More »Tax Invasion: Nigeria Gives BUA Industries 7 Days To Submit Relevant Documents Over Non-Compliance With Income Tax Laws, VAT Returns Remittance
The Nigerian Government through the Federal Inland Revenue Service (FIRS) has issued a seven-day ultimatum to BUA Industries Limited to reconcile with the government or pay N198.7 billion arising from non-compliance with income tax laws and VAT returns remittance. The tax liability is for 2022. A letter addressed to the …
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