News

As part of its regular business portfolio review, Dangote Flour Mills (DFM), has exited its noodles business as it does not consider it strategic. The company has sold the assets of Dangote Noodles to Dufil Prima Foods, makers of Indomie noodles. To smoothen the transition, DFM has offered Dufil the …

Bishop Chris Kwakpovwee A blackmailer who claims to be a journalist has landed in Kirikiri Maximum Prison attempting to extort money from a popular clergy in Lagos through blackmail. Ohio Ojeagbase, 38, walked into the net of the Federal Special Anti-Robbery Squad, SARS, after perfecting his extortion plot on Bishop (Dr.) …

Babatunde Fowler THE House of Representatives Committee on Public Petitions has summoned Executive Chairman of Federal Inland Revenue Service, FIRS, Mr Tunde Fowler, and officials of the Department of Petroleum Resources, DPR, to give account of how Nigeria recorded a loss of $50 billion through false accounting from 2004 till …

The Senior Special Assistant to the President on Diaspora Affairs, Abike Dabiri-Erewa, has revealed that the German embassy in Nigeria has intimated her office of plans to repatriate at least 12,000 Nigerian asylum seekers from the European country. Speaking in Lagos on Tuesday during the public presentation of two books …

As a sigh of absolute confidence in the Management of the technology-driven new bank; SunTrust Bank, its customers increased deposits in the bank by a whopping 432 per cent, making it possible for the bank to declare an impressive profit before tax of N343 million, an increase of 160.3 per cent over the N131.9million …

L-R: Governor, Central Bank of Nigeria, Godwin Emefiele, and Deputy Governor, Sarah Alade, during an MPC press conference at the bank’s headquarters in Abuja The Central Bank of Nigeria (CBN) yesterday disclosed that it had received reports that some customers seeking to buy foreign exchange (forex) for business travel allowance …

Nigeria’s Health Care Proffessionals under the aegis of the Nigerian Union of Allied Health Professionals (NUAHP), on Thursday in Enugu called off its three-week nationwide strike action. The union had embarked on industrial action since 6th of March, 2017 as they asked the federal government to address the unhealthy discrepancies …

A 60-year-old woman on Friday slumped and died while walking along a street in Sokoto. The News Agency of Nigeria (NAN) reports that the incident occurred at about 11:00 a.m. along Garba Duba road in Sokoto metropolis. The Police Public Relations Officer of the State Police Command, El-Mustapha Sani, confirmed …

Lagos, Nigeria, 29 March, 2017: Heritage Bank Limited, Nigeria’s Most Innovative Banking Service Provider, has enhanced capacity of Ex-Housemates of Big Brother Naija reality TV show and other emerging 21st century entrepreneurs at an SME enhancement capacity training programme. Speaking at the breakfast meeting in Lagos yesterday, Mr. Ejikeme Obiano, …

Our attention has been brought to reports published by some online news blogs in which mention was made of Mr Robert Mbonu – in connection with EFCC investigations into the alleged diversion of funds from the London and Paris Club refund – as being a former Managing Director of Heritage …