News

There was a mild drama on Tuesday when a federal high court sitting in Abuja convicted and sentenced Abdulrasheed Maina, the former chairman of the defunct Pension Reform Task Team, PRTT, to eight years in prison for money laundering. The court, in the judgement delivered by Justice Okon Abang, found …

Nigeria’s private sector concluded the third quarter of 2021 with a modest expansion in business conditions. Quicker uplifts were seen in new orders, employment and stocks of purchases, but output growth moderated for the second month running. Nevertheless, optimism improved to a seven-month high. Material scarcity and unfavourable exchange rate …

The Catholic Archbishop of Lagos, Most Rev Dr. Alfred Adewale Martins has commiserated with the families of those who lost their lives and the Governor of Lagos State, Mr. Babajide Sanwo-Olu in the wake of the recent collapse of the 21-storey building on Gerrard Road, Ikoyi, Lagos. In a release …

The trial of a former Governor of Jigawa State, Sule Lamido, his two sons, Aminu and Mustapha, Aminu Wada Abubakar, Bamaina Holdings Ltd and Speeds International Ltd for an alleged N1.35 billion fraud continued today November 5, 2021 before Justice Ijeoma Ojukwu of the Federal High Court, Abuja with the …

Huawei Technologies Company (Nigeria) Limited, one of the leading providers of information and communications technology (ICT) infrastructure, has since 2019 till date awarded over 60 Nigerian Engineers with the Huawei General Digital Engine (GDE) Certification. The GDE certification is a development skill certification that will help attest to the technical …

MTN Nigeria Plc has announced that it will commence sell of 575 million shares which is 14 per cent of its stakes to Nigerians. The shares were listed on the Nigerian Stock Exchange in Lagos in 2019. The shares are worth about N101bn ($244m). MTN Group Ltd announced the development …

Aware that the obvious absence of strict enforcement of laws, especially as it relates to building control is responsible for frequent incidences of building collapse, loss of lives and properties in the state, Lagos state governor Mr. Babajide Sanwo-Olu on Wednesday said he would enforce the state’s law on building …

Former police captain Eric Adams cruised to victory to become the next mayor of New York as voters across the United States picked new city leaders from candidates defined mainly by their stances on police and crime. Adams, who will become the second Black mayor of the nation’s largest city, …

A Lagos State High Court sitting at the Osborne area in Ikoyi has threatened to jail executives of banks who fail to disclose the amount to the credit of Imagine Global Holding Company Limited, Imagine Global Solutions Limited and the Nigerian couple, Bamise and Elizabeth Ajetunmobi. The two firms and …