The Lagos State Police Command has confirmed the arrest and detention of Marlian Records label boss, Azeez Fashola, popularly known as Naira Marley, in connection with the mysterious death of his former signee, Mohbad. The Lagos police spokesperson, Benjamin Hundeyin, announced Naira Marley’s detention in a tweet on Tuesday night. …
Read More »Alleged $101m Bankruptcy: Court Fixes October 20th To Hear Application Alleging Contempt By Orjiakor
The Federal High Court in Lagos Tuesday fixed October 20, to hear Access Bank’s application alleging contempt by a businessman, Dr. Ambrosie “ABC” Orjiakor in a bankruptcy suit by the bank against him. The application, filed by the bank through its counsel Mr. Kunle Ogunba (SAN), is seeking an order …
Read More »Arik Air In Trouble Over $40Million Import Duty Diversion As Nigeria Customs Begins Investigation
$40Million Import Duty: Nigeria Customs Investigate Arik Air In Receivership for Illicit Sale of Aircraft Nigeria Customs Service has commenced an investigation into the diversion of import duties to the tune of $40 million by the management of Arik Air in Receivership. There are indications that Arik in Receivership abused …
Read More »TAJBank records highest Tier-1 capital, PBT
TAJBank TAJBank Limited has recorded the highest Tier-1 capital in the non-interest banking sub-sector in the first half of 2023. This is according to a statement by TAJBank’s Chief Executive Officer (CEO), Mr Ahmed Joda Joda said that the audited financial statements of the bank also reflected an increase …
Read More »NPA ejects policemen from barracks, occupants get N200,000 each
There is anxiety among policemen who reside in the Nigerian Port Authority barracks in the Sunrise, Apapa area of Lagos State as they have been asked by the NPA authorities to exit the premises within two weeks. Some policemen who spoke with PUNCH Metro on Monday said the barracks had been sold …
Read More »Atiku’s fishing fails as Chicago State University finds diplomas matching Tinubu’s
Atiku: Chicago state University finds matching Tinubu’s certificate Chicago State University said it has found several certificates after diligent search matching the replacement certificate which President Bola Tinubu presented to INEC in 2022. The school made this known in its response to Judge Nancy Maldonado’s order that it supply the …
Read More »Stanbic IBTC Bank Nigeria PMI: Output returns to growth, but cost pressures limit demand
Strong cost pressures meant that firms operating in the Nigerian private sector remained under pressure in September. Although new order growth quickened, helping to support a renewed increase in business activity, rates of expansion in each were only modest. Input prices increased at one of the sharpest rates on record, …
Read More »Bayelsa Elections 2023: PDP Supporters in Ogbia 2 state constituency Cries out to the President of the Appeal Court.
…. says Tribunal panel fraustrating delaying court proceedings The supporters of the Peoples Democratic Party, PDP candidate Honourable Munalayefa Edwin Gibson, for the Ogbia 2 state constituency elections for has called on the President of the Appeal Court, Hon. Justice Monica Dongban-Mensem to prevail on the three-member tribunal panel headed …
Read More »BREAKING: BUA slashes cement price to N3500, effective Monday Oct. 2nd
BUA Chairman, Abdul Samad Rabiu The management of BUA Group has announced a reduction in the price of its cement from N5, 500 to N3,500 effective Monday October 2nd, 2023. Recall, AbdulSamad Rabiu, chairman of BUA Group, had earlier revealed the company’s intentions to lower the price of cement in Nigeria when …
Read More »Why Nigerians must endure trailing times — Tinubu
President Bola Tinubu has urged Nigerians to endure the present difficult times as it is needed for a better future. While acknowledging the hardships presently faced by the citizens, Tinubu said the present sacrifice is what greatness and the future required for a Nigeria where hunger, poverty, and hardship are …
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