Management of Dangote Industries Limited (DIL), have revealed that the company has so far repatriated over USD576,008,672.41 through various banks in Nigeria, in addition to a USD$111,968,109.38 cash swap arrangement between Dangote Cement Plc and Ethiopian Airlines; thus saving the same amount that would have been paid by the Central …
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The Lagos High Court sitting in Ikeja, Lagos on Friday ordered the arrest of Chairman/CEO of Ibeto Energy Development Company, Cletus Ibeto. This action was prompted by his alleged failure to appear in court to face trial on charges relating to a N4.8 bn fraud. Justice Ismail Ijelu issued …
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Management of Dangote Industries Limited (DIL) has refuted allegations that it engaged in illegal foreign exchange deals, warning those peddling the allegation of economic sabotage against the company to desist from such underhand practices. It gave the warning following claims in some sponsored reports in the online media, suggesting …
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Management of Dangote Industries Limited (DIL) has refuted allegations that it engaged in illegal foreign exchange deals, warning those peddling the allegation of economic sabotage against the company to desist from such underhand practices. It gave the warning following claims in some sponsored reports in the online media, …
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By Olutayo Irantiola In the last few weeks, many markets across Lagos State have been locked and opened by the Ministry of Environment and the Lagos Waste Management Authority (LAWMA). There is no gainsaying that these markets are due for closure. However, what next after the re-opening of the …
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LAGOS.3.11.2023. Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, an indication of business growth and customer confidence in the Bank. A review of the lender’s …
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The Senate Chief Whip, Senator Ali Ndume said he can advise the Senate President, Godswill Akpabio because he is older and more experienced in senate issues. Ndume stated this in an interview on Arise Television’s Morning Show on Friday. He said, “I’m older than Akpabio and can advise him on …
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Chairman of the Peoples Democratic Party (PDP) in Akwa Ibom State, Aniekan Akpan, and the Secretary, Harrison Ekpo, have sued President Bola Tinubu and the Senate President, Godswill Akpabio at the Federal High Court, Abuja, over the appointment of Etekamba Umoren the Resident Electoral Commissioner (REC) of the state. In …
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Ange Postecoglou and Mauricio Pochettino. Ange Postecoglou noted that Mauricio Pochettino had an “undeniable” impact on Tottenham but the Chelsea boss will not get a guard of honour when he returns to his old club on Monday night. Pochettino took charge of Spurs for over five seasons between 2014 and …
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The distress of Polaris Bank may be far from over, this is as multi-billion-naira loans granted to six directors (inclusive of a former MD) of the bank without documented collaterals, are yet to be recovered. The distress enveloping Polaris Bank may be far from over, this is as multi-billion-naira loans …
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