Soyinka and Obasanjo Nobel Laureate Professor Wole Soyinka does not hesitate to throw punches when occasion demands. And he always seizes every opportunity to do so, often times putting his literary expertise to use. The distinguished writer gave former president Olusegun Obasanjo an uppercut, albeit with a sense of humour …
Read More »Tribunal dismisses PDP, Jandor’s petitions against Sanwo-Olu
Adediran and Lagos governor, Babajide Sanwo-Olu The Lagos Governorship Election Petition Tribunal has dismissed the petitions filed by the Peoples Democratic Party (PDP) and its candidate, Olajide Adediran popularly known as Jandor, against the election of Governor Babajide Sanwo-Olu. The Tribunal sitting at the Lagos High Court, Ikeja, said Jandor …
Read More »Nigeria’s annual upstream CAPEX drops to $6bn- NUPRC
National Liquified Petroleum Gas (LPG) The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s total annual upstream capital expenditure has decreased from $27 billion in 2014 to less than $six billion in 2022. The Chief Executive of NUPRC, Mr Gbenga Komolafe, revealed this on the sidelines of the World …
Read More »Court papers list MTN, Prof. Nwankwo, FSL Securites victims of Diongoli’s N3.7B scam
Court papers have revealed MTN Employers Cooperatives, FSL Securities and Professor Onyekachi Green Nwankwo as some of the notable victims of the N3.7billion Ponzi scheme masterminded by Nigerian businessman, Michael Ukiye Diongoli. Diongoli and his two companies UK-DION GROUP and UK-DION INVESTMENT are now facing trial at the Federal High …
Read More »Access Holdings declares interim dividend
Herbert Wigwe Group MD Access Corporation Access Holdings Plc has declared an interim dividend for the first half of the year, on the back of rising profits. In the audited account submitted to the Nigerian Exchange on Saturday, the company posted gross earnings of N940 billion, higher than the …
Read More »Why Investors Of Today Will Smile To Bank In 5 Years-Adeduntan, First Bank Boss
World leaders from 198 countries converged in New York last week for the 78th United Nations General Assembly(UNGA) where the implementation of the 17 Sustainable Development Goals(SDG) took the centre stage. The world has 7 years left out of the 15 years timeline to achieve these universally agreed objectives, which …
Read More »AFRIMA Mourns Mohbad, Calls For Institutionalization of Music Industry in Africa
All Africa Music Awards, AFRIMA, has emphasized the importance of regulating and institutionalizing the music entertainment industry as it joins millions of African youths and music fans to express grief over the demise of Nigeria’s singer, Mohbad, (real name Ilerioluwa Oladimeji Aloba). Mohbad died in a mysterious circumstance on Tuesday, …
Read More »Moniepoint agent held over N16.3m POS fraud
A Moniepoint agent, Olumide Remilekun Owolabi, has been arrested by operatives of the Zone Two Police Command, Onikan, over alleged N16.3 million Point of Sale (POS) fraud. Owolabi was apprehended following a petition from one Raphael Alabi to the Assistant Inspector General (AIG) in charge of the zone, Ari Mohammed Ali. …
Read More »FIRSTBANK SPONSORS THE AFRICA INTERNATIONAL TRADE EXHIBITION (A.I.T.E 2023), NEW YORK, PROMOTES FOREIGN DIRECT INVESTMENT IN THE CONTINENT
First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, sponsored the Africa International Trade Exhibition (A.I.T.E 2023), held on 21 and 22 September 2023 at the Hilton Hotel Midtown, New York, U.S.A. The event was themed “the imperatives of global trade for African SMEs as a …
Read More »Flutterwave Hacked: Providus, Kuda Customers Complain of Frozen Accounts
There is growing concern that reports about Flutterwave’s financial scandals will have a negative impact on its growth prospects. Reports emerged early this week that Africa’s largest fintech lost almost N3 billion in customers’ funds, alleged to have been stolen by hackers. This quagmire amidst the economic crises …
Read More »