The Economic and Financial Crimes Commission, arraigned a Malaysian, Tan Richard, before a Lagos State Special Offences Court in Ikeja for allegedly attempting to defraud Polaris Bank of €250m. Richard was arraigned alongside his company, Coastal Asia Investments Limited, on five counts bordering on forgery, intent to defraud and use …
Read More »Petrol May Rise As Senate Deletes Equalisation Fund From Governance Bill
Nigerians living far from petroleum depots or in mountainous and riverine communities may be burdened with high price of petroleum products, especially Premium Motor Spirit (PMS) otherwise called petrol if President Muhammadu Buhari signs into law the current version of the Petroleum Industry Governance Bill (PIGB). Already, the Senate has …
Read More »Trump orders tariff hike on remaining Chinese imports
US President Donald Trump cranked up the heat in a trade battle with China, ordering a tariff hike on almost all remaining imports from the world’s second-biggest economy, but Beijing said talks would continue to resolve the row. After tweeting that two days of trade talks in Washington had been …
Read More »Edo plans to decongest Lagos Wharf– Shaibu
Deputy Governor of Edo State, Philip Shaibu, has said that the state government was working hard to decongest the Apapa Wharf and move some commercial activities from Lagos to the state through the Gelegele seaport. Shaibu who said that the Federal Government has given approval for the establishment of the …
Read More »77 customers of Fidelity Bank share N110m promo wins
About 77 customers of Fidelity Bank Plc, who emerged winners in its Get Alert in Millions Season 3 promo shared cash prizes of N110 million. The six-month promo, which was the eighth in 12 years, also had 108 other customers getting consolation prizes of television sets, refrigerators and generators, beside …
Read More »Government, P&G seal pact to empower SMEs in Nigeria
Over 38 million Small and Medium scale Enterprises (SMEs) are expected to benefit from a new agreement reached between the Federal Government and Procter and Gamble (P&G), a leading fast moving consumer goods company in Nigeria. The pact, which is slated for a period of five years, would see the …
Read More »Buhari Orders Release Of Take-Off Grant For FUPRE
As FUPRE Holds 2nd Convocation *Delta govt, Ovie of Uvwie receive commendations By Eseoghene Emuke President Muhammadu Buhari has finally ordered the relevant government agencies to release the delayed take-off grant to the Federal University of Petroleum Resources, Effurun (FUPRE), Delta State. Mr. President, who spoke at the 2nd convocation …
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