The Economic and Financial Crimes Commission, EFCC, on Monday, January 24, 2022, re-arraigned Femi Fani-Kayode, a former Minister of Aviation; Nenadi Esther Usman, a former Minister of Finance; Yusuf Danjuma, a former National Chairman of the Association of Local Government of Nigeria (ALGON) and a company, Joint-Trust Dimensions Nigeria Limited. They were re-arraigned before Justice…
The Minister of Finance, Budget and Economic Planning, Mrs. Zainab Ahmed, has recently in Abuja said that the Federal Government is still in consultation with various stakeholders on the need to end fuel subsidy. Mrs. Ahmed said this during an interaction with the Senate President, Mr. Ahmed Lawan, Honourable Minister of State Petroleum, Timipriye Sylva,…
Former Edo State Commissioner for Information, Prince Kassim Afegbua on Monday dismissed insinuations from some quarters that he had anything personal against Alhaji Atiku Abubakar. “Following my interrogation of Alhaji Atiku Abubakar’s presidential aspiration and the urgent need to cede the nomination of the PDP ticket to the Southern part of Nigeria, the alarm bells…
AP LPG terminal, a fully owned subsidiary of Ardova PLC, on Wednesday, 19 January 2022, performed the groundbreaking ceremony for the construction of a 20,000 metric tonne Liquified Petroleum Gas (LPG) storage terminal at the project site in Ijora, Lagos. The ceremony signified the official commencement of construction activities which is expected to be completed…
The Lagos State Government on Friday presented insurance benefits worth N81,423,214.14 to sixteen families of deceased civil servants who died between years 2020 and 2021 while in service. Presenting the cheques to beneficiaries, the Hon. Commissioner for Finance, Dr. Rabiu Olowo, represented by the Permanent Secretary, Ministry of Finance, Mr. Temitope Hundogan, stated that the…
A new date has been fixed for the opening of the latest super event center in Lagos: HighPoint. With Thursday, February 3 2022 confirmed as the D-day, the opening of the HighPoint Event Center will be nothing but spectacularly grand. The brains behind HighPoint, Mrs Omolara Adebiyi intends to give the guests something to think…
President of the African Development Bank (AfDB), Akinwumi Adesina has described Dangote Refinery and Fertiliser projects as the best industrialised project to happen to Africa. He said these projects, which are far beyond the expectation of his team and himself, would positively affect the economic growth and development of not only Nigeria but Africa as…
Leading African financial institution, Fidelity Bank PLC has announced the second set of millionaires in its Get Alert in Millions Season 5 promo (GAIM 5) which held recently in Victoria Island, Lagos. The event was witnessed by representatives of regulatory organisations which include: Ms Oyinkan Kusamotu, Senior Legal Officer, Lagos State Lotteries & Gaming Authority;…
By Adewole Kehinde “President didn’t order fuel subsidy removal, Lawan clarifies” was the major headline in the media on Wednesday according to the President of the Senate, Ahmad Lawan, after meeting Buhari at the Presidential Villa, Abuja, stating that he had gone to convey the feeling of constituents to him on some concerns, including the…
As part of measures to sustain the fight against smuggling, the Nigeria Customs Service unveiled 18 patrol boats to curb the activities of smugglers using the creeks and waterways as safe haven for their illegal trade. The Comptroller General of Customs Col. Hameed Ali during the unveiling of the boats in Port Harcourt on Thursday,…