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 »Mohbad died day his Canadian visa was approved, says promoter
A show promoter based in Canada, Prince George, has disclosed that singer Ilerioluwa Aloba, a.k.a Mohbad, died the day his Canadian visa was approved. George reportedly said this while speaking at the candlelight procession organised by Nigerians in Toronto, Canada on Saturday night. He said that he had planned to …
Read More »NLC mobilises chapters for total strike, FG plans talks Monday
NLC members occupy entrance of Federal Ministry of Justice in Abuja… on Wednesday. State chapters and affiliate unions of the Nigeria Labour Congress are already gearing up for a possible declaration of a nationwide strike following the expiration of a 21-day ultimatum given the Federal Government to provide palliatives to …
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