The Honourable Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, Turkish Airlines executive Lokman Balkan, actresses Lilian Bach and Ronya Man, as well as renowned Ghanaian-born broadcaster Riyah Abdul, were among the prominent guests and awardees at the recently concluded Expatriates Business Awards (TEBA) 2025. Held …
Read More »Refinery loot? SERAP sues NNPCL over alleged disappearance of ₦825bn, $2.5bn
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company Limited (NNPCL) over its alleged failure to account for ₦825 billion and $2.5 billion meant for refinery rehabilitation and other oil revenues. The suit, filed at the Federal High Court in Lagos and …
Read More »Halima Buba, SunTrust Bank boss remanded in Kuje prison over money laundering
Halima Buba, Managing Director of SunTrust Bank Nigeria Limited, has been remanded in Kuje Correctional Facility, FCT, Abuja following her arraignment over an alleged $12 million money laundering scheme. Buba, alongside Innocent Mbagwu, the bank’s Executive Director and Chief Compliance Officer, were docked before Justice Emeka Nwite of the Federal …
Read More »Court Orders Final Forfeiture Of N2 Billion And Luxury Assets In Union Bank Fraud Scandal
The Federal High Court in Lagos has ordered the final forfeiture of over N2 billion and several luxury assets linked to a fraud scheme that illegally diverted funds from customer accounts in Union Bank Plc. Justice Daniel Osiagor granted the final forfeiture order on Friday, following an application by …
Read More »‘Mind-Boggling’ Fraud Was Discovered At NNPCL — Olukoyede
Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has revealed that a preliminary probe into the Nigerian National Petroleum Company Limited (NNPCL) has exposed “mind-boggling” corruption in the organisation. Speaking on Wednesday during the third day of the National Conference on Public Accounts and Fiscal Governance—organised …
Read More »Winners emerge in Glo/Palmpay Recharge and Win Bonanza
Weeks into the commencement of the second edition of the “Recharge and Win Bonanza” put in place by Palmpay in conjunction with technology company, Globacom, winners have started emerging The promo targets Glo subscribers who recharge their lines from their Palmpay accounts. A joint statement from both Palmpay and Globacom …
Read More »Faulty meters, billing errors drive electricity complaints to 254,000
Electricity distribution companies received over 254,404 customer complaints in the first quarter of 2025, largely driven by grievances over faulty metering, erratic service, and inaccurate billing, the Nigerian Electricity Regulatory Commission has said. In its newly released quarterly report, NERC revealed that a total of 254,404 complaints were lodged by …
Read More »Stanbic IBTC Capital Advises Tolaram on the Successful Completion of its Mandatory Takeover Offer to the Minority Shareholders of Guinness Nigeria PLC
Stanbic IBTC Capital, a leading investment banking and capital markets solutions provider, is pleased to have acted as Sole Financial Adviser to Tolaram (acting through N Seven Nigeria Limited) on its recently completed Mandatory Takeover Offer (“MTO”) to the minority shareholders of Guinness Nigeria PLC (“Guinness Nigeria”), undertaken to comply …
Read More »Nestlé Nigeria Collaborates with the Government to Drive Nationwide Water Quality Campaign
As part of ongoing efforts to ensure safer water for all Nigerians, Nestlé Nigeria is partnering with the Federal Ministry of Water Resources and Sanitation to launch a National Water Quality Advocacy Campaign aimed at raising awareness, educating communities, and mobilizing multi-stakeholder action around water safety and sustainable water practices. …
Read More »EduFuture Conference 2025: Revolutionizing Education Through Innovation
The stage is set for the highly anticipated second edition of the groundbreaking Edufuture Conference 2025, a premier gathering of Africa’s brightest minds in education, technology, and policy-making. The conference will be held at Vibranium Valley, 42 Local Airport Road, Ikeja, Lagos, commencing at 10 AM on July 10, 2025, bringing together policymakers, EdTech …
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