News

Sanwo-Olu to present 2020 budget Friday

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 …

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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 …

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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 …

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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 …

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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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