Former governor of Lagos State and National Leader of the All Progressives Congress, APC, Bola Ahmed Tinubu, has played down speculations that the household of the ruling party in Lagos State is in shambles. This follows the alleged division between loyalists of the immediate past governor of the state, Babatunde Fashola and the incumbent governor,…
FBN Capital Limited has announced the successful conclusion of the Series 1 Bond Issuance offer for the Cross River State Government, under its N40 billion bond issuance program. The 7-year tenured Bonds with maturity due in 2022 were issued via a Book Building process by FBN Capital Limited, following its appointment as the Lead Issuing…
Workaholics may be jeopardizing their health after a new study reveals working 55 hours or more per week may lead to 33% greater risk of stroke. Spending long hours at work can substantially increase the risk of stroke. The research also reveals that those who work long hours may also be at higher risk of…
The Central Bank of Nigeria, CBN, has approved the request by the Deposit Money Banks, DMBs, to give financial cushion to 27 state governments battling to meet their fiscal obligations, including payment of salaries of their workers. The National Executive Council, NEC, had met on Monday, June 29, 2015 and requested for a way out…
A searchlight has been beamed on the close friend of former governor of Lagos State, Babatunde Fashola, Tunji Olowolafe, who was one of the major contractors in the administration of Fashola. Olowolafe’s company, Deux Project Limited, was said to have benefitted in the immediate past government of his bosom friend. Information concerning contracts awarded to…
The Offshore Processing Agreement, OPA, and crude swap deals for refined oil products between the Nigerian National Petroleum Corporation, NNPC, and oil marketers have been terminated by the Federal Government. This was contained in a statement issued in Abuja by President Muhammadu Buhari’s spokesman, Femi Adesina. The statement said, “Mr President has approved the cancellation…
Governor Abdulfatah Ahmed of Kwara State has vowed not to be moved by blackmail, a tool being used by his distractors to misinform the public on his stand to grow Internally Generated Revenue of the state. In a statement issued in Ilorin by his media aide, Dr Muideen Akorede, the governor stressed that IGR is…
Governor Okezie Ikpeazu of Abia State has ordered the reinstatement of some non-indigene fired from the state civil service by his predecessor, Theodore Orji. The workers on the Abia State payroll were disengaged from the service by Orji because they were not from the state. This action sparked criticisms back then. Information reaching us shows…
The marriage crisis between movie stars, Toyin Aimakhu and Adeniyi Johnson has been the main trending news since Monday. It was reported that the actress moved out of her matrimonial home after she got fed up with her husband’s excesses. But the fast-rising actor has confessed to the crime he committed that forced his wife…
The newly appointed Executive Chairman of the Federal Inland Revenue Service, FIRS, Tunde Fowler, has finally resumed office, though in an acting capacity. The former Lagos Inland Revenue Service, LIRS, boss was appointed few days ago by President Muhammadu Buhari to take over from Sunday Ogungbesan. Resuming office at the Abuja headquarters of the agency,…