Abdul-Moshood Babatunde
3 hours ago
The 86-year-old head of the Oni-Orisan family in Lagos Island, Alhaji Abdul-Moshood Babatunde, has expressed distress over the ongoing controversy surrounding the sale of family land to Harmony Gardens, a prominent real estate firm. He asserted that the deal, involving 10 acres of the family's Oju Ota Gazetted property, was legitimate and conducted with the…
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12 mins ago
• Concerns over $8b loans, JV debts amidst worsening oil production • Politically-constituted board worry stakeholders • $2.9b PH, Warri, Kaduna refineries in limbo • ‘Rationalise portfolios, sack current management, address transparency issues’ Two years after the transitioning of the country’s oil company, Nigerian National Petroleum Company Limited (NNPC) Limited, into a commercial entity,…
16 mins ago
• Airtel projects $4m loss as engagements with customers continue • Adegboruwa: Telcos trying to restrict Internet, frustrate protest Ahead of the July 31, 2024, extended deadline handed to telecoms operators by the Nigerian Communications Commission (NCC) for the completion of the NIN-SIM linkage, millions of subscribers yesterday woke up to have their telephone lines barred.…
18 mins ago
The Police Command in Yobe says the Boko Haram insurgents have planned to infiltrate the planned nationwide protest in the state. The spokesman of the command, DSP Dungus Abdulkarim, stated this in a statement on Saturday in Yobe. He said intelligence received by the command indicated that foreign mercenaries were engaged to destroy lives and…
39 mins ago
Peter Obi, the Labour Party's 2023 presidential candidate, has defended his "beloved brother" and “trusted ally," Kenneth Okonkwo, after the latter publicly criticised Obi in an open letter. The former Anambra State governor further cautioned his supporters from attacking Okonkwo, insisting that despite their recent differences, Okonkwo stood by him through “thick and thin.” Okonkwo,…
1 hour ago
The former Managing Director of National Inland Waterways Authority (NIWA), Dr. George Moghalu, has expressed sadness over the sudden demise of Ifeanyi Ubah representing Anambra South in the Senate. Moghalu, in a statement, yesterday, noted that it was devastating receiving the shocking news of Ubah’s death who, according to him, was so full of life.…
1 hour ago
AbdulRazaq, Fagbemi seek patience with Tinubu Minister of State for Youth development, Olawande Ayodele, has urged Nigerian youths not to allow contents they see on social media push them into setting the country ablaze. He made the appeal when the Renewed Hope Ambassadors of Nigeria, led by veteran Nollywood actor, Zack Orji, paid him a courtesy visit…
1 hour ago
There is growing concern over the huge revenue Nigeria gives up yearly in tax waivers, which experts estimate at N6 trillion yearly. Although some economists believe it is not lost revenue since it is meant to serve as an incentive to attract more investments, their worry stems from the fact that the country has not…
1 hour ago
The Authority of Heads of State and Government of the Economic Community of West African States (ECOWAS) in 1987 tinkered with the idea of a single currency for the regional bloc, which has taken so long in its incubation. Now, the recent exit of the trio of Mali, Niger, and Burkina Faso has shifted its…
1 hour ago
An organisation, Advocacy for Integrity and Rule of Law Initiative (AIRLIN), has decried the incessant loss of lives on Bauchi roads, attributing consumption of hard drugs by drivers to avoidable deaths. According to the National Bureau of Statistics (NBS) in the fourth quarter of 2023, 657 people were involved in various road traffic accidents, while…
1 hour ago
• Dangote lost $651m amid sell-offs in Dangote Cement Former Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, has said supporting Dangote Refinery is crucial to mitigate the negative consequences of fuel scarcity. There had been a resurgence of petrol scarcity at the weekend in many parts of the country…