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The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, Okotie-Eboh, Ikoyi, Lagos, on Thursday, May, 8, 2025, arraigned Olalekan Adewoye, Managing Director and Chief Executive Officer, CEO, of Sunsteel Industries Limited, before Justice Mojisola Dada of the Lagos State High Court, sitting in Ikeja, Lagos for alleged fraud. Adewoye was arraigned …
Continue reading “EFCC Arraigns Sunsteel MD, Adewoye for Alleged $680,622.65 Fraud in Lagos”
. The police recovered about thirty million (N30 million) as the remainder of the seventy million (N70m) allegedly transferred from the victim’s bank by the suspects at gunpoint. The Police also recovered from the suspects the victim’s GLC 300 Benz, one helmet, one cut-to-size locally made single barrel gun, two cartridges, and two high-branded power …
Thu, May 8, 2025 THE Senate passed two of the four Tax Reform Bills on Wednesday. These are expected to reform Nigeria’s tax laws. Lawmakers approved the bills after considering and adopting recommendations from the Senate Committee on Finance, led by Sen. Sani Musa. The four key bills are: the Joint Revenue Board (Establishment) Bill, …
The Nigerian banking landscape has laid bare a harsh truth: the battle inddustry profitability leadership is less that of market share than for core competence leadership. This is the hard truth the management of Access Holdings is either not comfortable with or unable to live up to . Access Bank’s obsession with acquisitions has delivered …
Continue reading “Rethinking Growth: Access Bank’s Lesson from GTCO and Zenith Bank”
Justice Yellim Bogoro of the Federal High Court, sitting in Ikoyi, Lagos, on Friday, May 2, 2025, convicted and sentenced one Agudosi Christopher Okechukwu to six months imprisonment for non-declaration of foreign currencies at Lagos Airport. Okechukwu was arrested in December 2024 at Murtala Muhammed International Airport, Ikeja, Lagos by operatives of the Nigerian Customs …
Continue reading “Court Jails Man for Non-declaration of £8020, $704 at the Airport”
The arrested hoodlums are: Chinonso Offor, a native of Enugu State, resident in Ekwulọbịa, Hycent Ugwuike, native of Nsukka, resident in Onitsha and Samuel Sunday from Akwa-Ibom but resident in Isuochi, Abịa State. After hot gun exchanges with the security operatives, the security operatives also rescued their kidnap victim, who was kidnapped at Neni by …
Continue reading “Three kidnappers Apprehended In Anambra, Victim Rescued”
Mon, May 5, 2025 THE Federal Government has vowed to urgently address the N4 trillion debt crippling Nigeria’s power generation sector, following high-stakes talks between Power Minister Adebayo Adelabu and Chairmen of Generating Companies of Nigeria (GenCos) in Abuja, on Tuesday. The move aims to avert an imminent collapse of the power infrastructure in the …
Continue reading “FG pledges immediate action to settle N4trn power sector debt”
Mon, May 5, 2025 By Lasisi Olagunju WHEN vultures surround you, stay awake so that you do not die stupid death. Whether you are in business or you are in politics or you are anything of value, stay alive and stay alert. People shave people’s heads in their absence. In 1938, Britain was rumoured to …
Mon, May 5, 2025 U.S. President Donald Trump says he would introduce 100 per cent tariffs on films produced abroad and imported into the U.S, amid a broader protectionist push. “The Movie Industry in America is DYING a very fast death,” Trump said on his Truth Social platform, claiming that foreign countries were offering all …
Mon, May 5, 2025 THE development of poultry farms business has been on a constant rise in Afghanistan as more than 100,000 people are directly engaged in the business, an official said on Monday. “More than 100,000 people are directly working in poultry farms and more than 360,000 others are indirectly working in the sector,’’ …
Continue reading “100,000 people engage in poultry business in Afghanistan”
