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Tuesday, August 22, 2017

Trump Sacks Nigeria’s Ogunlesi as Adviser

Rotimi Morgan/ Nigerian born international CEO, Adebayo Ogunlesi has now ceased to be an adviser to embattled US President Donald Trump. Trump sacked him today along...

Dangote Votes $450m for Agric Business in Niger

Rotimi Morgan/ President of Dangote Group, Alhaji Aliko Dangote revealed today that the company is investing $450 million in agriculture in Niger State over the...

SPDC Remits $31bn to Federation Account

Rotimi Morgan/ Shell Petroleum Development Company (SPDC) remitted 29.8 billion dollars to the federation account and 1.2 billion dollars to Niger Delta Development Commission (NDDC)...

N57.6m Debt: Oil Firm, Omritas Energy, Battles Winding-up Suit

Ladipo Sanusi/ Unless a Federal High Court, Ikoyi, Lagos decides otherwise, a firm, Omritas Energy Limited may be forced to wind up operations over its...

Hidden $793.2m: Court Strikes Out FG’s Suit against 7 Banks

Ladipo Sanusi/ Seven Nigerian banks breathed a sigh of relief today when a court in Lagos struck out a Federal Government’s case against them. Justice Chuka...

How Nigerian Leaders Squandered N11tr Electricity Fund – SERAP

Rotimi Morgan/ Three former Nigerian presidents have been accused of squandering over N11trillion meant to provide electricity for the people. Those accused in a report released...

Diezani Loses $37.5m Banana Island Property, Money to FG

Ladipo Sanusi/ Former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, has been ordered to kiss goodbye to a $37.5 million sky-scrapper on Banana Island, Lagos. The...

Vladimir Putin Richest Man in the World

Move over, Bill Gates and Jeff Bezos. You are not the richest folks on earth. The real claimant to the throne, is Russian leader,...

FG Pledges Support for $18b Dangote Refinery

Segun Atanda/ The Federal Government (FG) has pledged incentive support for Dangote's $18 billion refinery springing up at the Lekki Free Trade Zone in Ibeju-Lekki,...

Zuckerberg’s Net Worth Breaks the Ceiling … Facebook CEO Becomes World’s Fifth Richest

Segun Atanda/ Facebook, on Wednesday, announced a stellar second-quarter earnings report, which showed huge gains in revenue and profitability. The announcement, which was made after...

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Nigerian Woman Kept as Slave for 10 Years in London

Ololade Adeyanju/ A UK high court has heard how a Nigerian lady was kept as a slave for 10 years at a London home. The victim,...

BBC to Launch Yoruba, Igbo News Services

Taibat Shittu/ The British Broadcasting Corporation will soon introduce Yoruba and Igbo news services. These will form part of a 12 new language services the BBC...