The President, Dangote Group, Alhaji Aliko Dangote, has said that his company decided to go back and invest in Ogun State because of the Prince Dapo Abiodun administration’s vision and deliberate policies that focus on attracting investors as well as the investor-friendly climate that exists in the state. Dangote, who stated this on Monday during […]Read More
The Economic and Financial Crimes (EFCC) on Monday, dragged a Nigerian, two Chinese, and their company, before a Federal High Court Lagos, over alleged 3.4bn fraud and conspiracy to destabilise Nigeria’s Economic structure. The defendants are: Huang Haoyu, Friday Audu, An Hongxu and a company Gentting International Ltd. The defendants are standing trial before Justice […]Read More
Lagos, Nigeria – March 17, 2025 – The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering entrepreneurs is set to announce the 11th cohort of the TEF Entrepreneurship Programme on Saturday, March 22, 2025. The Foundation’s 2025 announcement comes at a critical time, as Africa’s entrepreneurship ecosystem faces funding constraints and global economic headwinds. TEF […]Read More
A federal High Court sitting in Lagos on Monday have ordered that the former chairman of of First Bank of Nigeria plc Oba Otudeko and its ex managing director Bisi Oredanya be arraigned on alleged 12.3b fraud. Delivering ruling on Monday, Justice Aneke, held that it is now a settled principle of law , that […]Read More
The Nigerian electricity sector was abuzz last week when Geometric Power, Nigeria’s foremost electricity integrated company, flagged off the 42-kilometre New Ukwa 33KV Line. Nigerians were fascinated to learn that the project’s cost is a mere N1.8bn, in contrast to similar projects that cost four times elsewhere. Also, of interest to Nigerians is that the […]Read More
The Federal Government has urged Host Community Development Trusts (HCDTs) in the Niger Delta to maximize the three percent funds by PIA to ensure that communities reap the benefits of such funds. The News Agency of Nigeria (NAN) recalls that the Petroleum Industry Act (PIA) 2021 mandates oil firms to set aside three per cent […]Read More
The Minister of State for Petroleum Resources, Senator Heineken Lokpobiri on Wednesday March 12, 2025, toured the TotalEnergies’ offshore fields of Ofon and Egina as part of a one-day familiarization visit. Lokpobiri’s remarks The visit was intended to intimate the Minister with TotalEnergies’ investment plans, ongoing projects and challenges faced by the company in the […]Read More
Lagos, Nigeria; March 14, 2025: The International Women’s Day is celebrated globally with various activities to raise awareness and foster action on gender equality every year At Ikeja Electric, the celebration was marked with a hybrid session of speakers including, Mrs. Ibukun Awosika, Mrs. Betty Irabor, Maye Ayida, Jummai Logun, Toyin Kekere – Ekun, and […]Read More
Governor of Enugu State, Dr. Peter Mbah, has signed an Executive Order relocating the current spare parts and allied trades markets as well as all other related industrial and commercial activities in the Coal Camp and other neighbourhoods within the Enugu Capital Territory to the site of the new International Spare Parts and Allied Trades […]Read More
…Says no cause of alarm The Kano State Government has provided clarity on the recent Court of Appeal ruling concerning the ongoing emirship dispute, addressing widespread misinterpretations and speculative reports in the media. Statement of Kano State Govt This was contained in a statement issued on Saturday by the State Governor’s spokesperson, Sunusi Bature Dawakin […]Read More