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BUSINESS

Extortion increasing along port access roads – NPA

Days after the management of the Nigerian Ports Authority and the Lagos State Government commenced the clearing of shanties along the port access roads, the NPA has said there is an increasing extortion along the access roads of the Lagos and Tin Can Island Port Complexes. This was contained in a statement on Tuesday by NPA. The authority had between July 16 and 18, rid the port corridor of shanties […]

todayJuly 25, 2023 134

NEWS

BREAKING: Drama as DSS, prison services tussle over Emefiele’s custody

A mild drama played out at the Federal High Court, Lagos between operatives of the Department of State Services and officials of Nigeria Correctional Service as they tussled over who keeps custody of the suspended Central Bank of Nigeria Governor, Godwin Emefiele. Emefiele was arraigned by the Federal Ministry of Justice for illegal possession of firearms and ammunition but was granted bail in the sum of N20m with one surety, […]

todayJuly 25, 2023 122

NEWS

Navy uncovers vandalised NNPCL oil well, arrests four

The Nigerian Navy has excavated and dismantled oil equipment of a suspected oil syndicate on Oil Mining Lease-18 in Elem Krakama Creek in the Degema Local Government Area of Rivers State. The Navy said it dismantled the equipment used in siphoning crude precisely on Oil Well 17 operated by the Nigerian National Petroleum Company Limited. The Commander, Nigerian Navy Ship Pathfinder, Commodore Suleman Ibrahim, said the Navy spotted the illicit […]

todayJuly 17, 2023 65

NEWS

CSO demands Malami’s probe over alleged N1bn car gifts

A civil society organisation, Human and Environmental Agenda, has demanded a “thorough, immediate and urgent investigation” into the alleged N1bn car gifts by the immediate-past Attorney General of the Federation and Minister of Justice, Abubakar Malami, to his supporters in Kebbi State. The anti-corruption group, in a petition to the Independent Corrupt Practices and other Related Offences Commission, also demanded Malami’s probe over several allegations of corruption and abuse of […]

todayJuly 17, 2023 23

NEWS

Ladoja sues Makinde over Ibadan Obas

The Otun Olubadan of Ibadan, Chief Rashidi Ladoja, has dragged the Oyo State Governor, Seyi Makinde and the Olubadan of Ibadanland, Oba Lekan Balogun to court over the recent elevation of 10 Ibadan High Chiefs to beaded crown-wearing Obas. In the suit filed before the  Oyo State High Court in Ibadan, Ladoja also joined the newly-elevated Obas as defendants. It will also be recalled that the governor last Friday presented […]

todayJuly 13, 2023 147

NEWS

Sanwo-Olu felicitates Soyinka at 89

The Lagos State Governor, Mr Babajide Sanwo-Olu, has felicitated Nobel laureate, Prof. Oluwole Soyinka, on his 89th birthday. Sanwo-Olu in a congratulatory message issued on Wednesday by his Chief Press Secretary, Mr Gboyega Akosile, described Prof. Soyinka as “a quintessential scholar and literary icon who has used his position and experience to contribute positively to literature, academics and governance globally.” Prof. Soyinka, a 1986 Nobel Prize in Literature winner and […]

todayJuly 13, 2023 25

BUSINESS

Monthly fuel consumption drops by 18.5million litres after deregulation – FG

The volume of Premium Motor Spirit, popularly called petrol, that was consumed across the country in the first half of 2023 is 11.26 billion litres, the Federal Government has said. It was, however, observed that after the removal of subsidy on petrol, following the pronouncement by President Bola Tinubu on May 29, 2023, PMS consumption reduced by an average of about 18.5 million litres daily in June. Data obtained on […]

todayJuly 10, 2023 66

NEWS

Cost of living: More Nigerians may join Japa train as hardship worsens

Strong indications have emerged more Nigerians may relocate from the country in 2023 and beyond as the nation’s socio-economic conditions worsen, and hope remains bleak. This came on the heels of the recent removal of fuel subsidy, further depreciation of the naira, impending increase in electricity tariff, and the introduction of Value Added Tax on diesel amid an already battered economy. The Nigerian economy has been exposed to numerous economic […]

todayJuly 10, 2023 15

NEWS

NACCIMA hails Tinubu’s emergence as ECOWAS Chair

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture has congratulated President Bola Tinubu on his election as the Chairman of the Economic Community of West African States. NACCIMA’s President, Mr. Dele Oye, made this known via a statement released on Sunday in Lagos. Recall that Tinubu emerged as the Chairman of ECOWAS at the 63rd Ordinary Session of the regional bloc in Guinea Bissau. Oye said the […]

todayJuly 10, 2023 13

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