Lagos State Governor Babajide Sanwo-Olu will present year 2020 budget to the House of Assembly on Friday. It will be his inaugural budget presentation since he assumed office in May. Stakeholders from all walks of life, including the private sector, members of the diplomatic missions, political groups and other dignitaries …
Read More »Police arrest suspected thief, after passing night inside Bank’s restroom in Delta
Police in Enerhen Divisional Headquarters on Wednesday arrested a suspected thief (name unknown) after passing the night inside Sterling Bank’s restroom with the intention of stealing, in Uvwie Local Government Area of Delta State. Our correspondent gathered that the suspect was found inside one of the bank’s restrooms when workers …
Read More »Total Oil Set To Sell $750 Million Stake in Major Nigerian Oil Block
Total is seeking to sell its 12.5 per cent stake in a major deepwater oilfield off the coast of Nigeria, industry and banking sources have said. The plan is reportedly an effort to adjust the energy company’s Africa portfolio amid a broad expansion. Reuters reports that the stake in …
Read More »Iyamho attack: Oshiomhole, deputy governor trade blames
Who instigated the attack on Governor Godwin Obaseki and Oba Rilwan Akiolu of Lagos in Iyamho, Edo state on Saturday when they came to visit former governor Adams Oshiomhole in his country home? The jury is out to determine the culprit as Oshiomhole and the Deputy Governor of Edo State, …
Read More »Akinwunmi Ambode Goes Dirty
When a man is pushed to the wall, there is only one direction he can turn. This is the situation of the erstwhile governor of Lagos State, Akinwunmi Ambode. Said to have severally ignored the invitation of the Lagos State House of Assembly (LAHA), to answer to financial infractions that …
Read More »Alleged N15bn fraud rocks NEPZA, Senate queries MD
Senate Committee on Trade and Investment on Thursday summoned the Minister of Trade and Investment, Mr. Niyi Adebayo and the Acting Managing Director of Nigeria Export Processing Zones Authority (NEPZA), Terhembe Nongo. The summon followed the alleged diversion of over N15 billion to a private company in the ministry’s …
Read More »Witness reveals how Dikko converted NAF’s N1.2bn to private use
Hammadama Bello, the 9th prosecution witness, in the ongoing trial of former Chief of Air Staff, Air Marshal Mohammed Umar Dikko, before Justice Nnamdi Dimgba of the Federal High Court, Maitama, Abuja, on Thursday, told the court that the defendant allegedly converted the sum of N1.2 billion, belonging Nigerian Air …
Read More »Police release detained Nigerian journalists, CISLAC decries arrest
The arrested editor and webmaster of NewsDigest, an Abuja-based online newspaper, Gidado Yushau and Adebowale Adekoya, have been released by the Kwara State Police Command after they were thoroughly quizzed for publishing an investigative report in May 2018. The Chairman Board of Directors of Image Merchants Promotions Limited (IMPR), Publishers …
Read More »EFCC to auction Diezani’s forfeited N14.4bn jewelery, houses
Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), on Thursday said it has contacted international auctioneers to sell the $40 million (about N14.4 billion) jewellery and luxury houses recovered from former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, . The anti-graft Acting Chairman, Ibrahim Magu, spoke at the …
Read More »Alleged N15bn fraud rocks NEPZA, Senate queries MD
Senate Committee on Trade and Investment on Thursday summoned the Minister of Trade and Investment, Mr. Niyi Adebayo and the Acting Managing Director of Nigeria Export Processing Zones Authority (NEPZA), Terhembe Nongo. The summon followed the alleged diversion of over N15 billion to a private company in the ministry’s 2017 …
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