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NLC Shuts Down Ikeja Electricity Distribution Company

Business came to a halt at the Ikeja Electricity Distribution Company on Tuesday as the Nigeria Labour Congress (NLC), barricaded its entrance in protest against the sack of 400 workers. The six business units of the company were shut to customers. It was also observed that customers who came to …

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Zuma’s Visit:Buhari Orders Re-Negotiation Of MTN’s N780bn Fine

President Muhammadu Buhari, yesterday, ordered re-negotiation of the N789 billion fine slammed on South African telecoms company, MTN, by Nigeria Communications Commission, NCC. The President gave the order at a joint news conference with South Africa’s President, Jacob Zuma in Abuja, following which Nigeria and South Africa signed over 30 …

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FG Breaks NNPC Into 7 Sub Divisions

The federal government has split the Nigerian National Petroleum Corporation (NNPC) into seven independent operational units. Ibe Kachikwu, minister of state for petroleum resources, announced this in Abuja on Tuesday, listing the units as upstream, downstream, gas and power, refineries, ventures, corporate planning and services, and finance and accounts. Kachikwu explained that the …

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Ex-Head of Service, Steve Oronsaye, rearrested

The Economic and Financial Crimes Commission on Tuesday evening rearrested a former Head of the Civil Service of the Federation, Steve Oronsaye, for alleged corruption and obtaining money  by false pretence, otherwise known as 419. The rearrest came about eight months after a federal court in Abuja ordered him released …

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Lagos Sets Up Revenue Court To Tackle Tax Evaders, Defaulters

The Lagos State Government,Tuesday said it would apply the relevant laws to ensure that more Lagosians voluntarily pay their taxes, just as it warned that tax evaders and defaulters would be prosecuted. State Attorney General and Commissioner for Justice, Mr. Adeniji Kazeem,  stated this during a press conference held at …

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Buhari Promised Change But Nigerians Want Magic- Femi Adesina

Special Adviser on Media and Publicity to the President, Femi Adesina said President Muhammed Buhari promised change not magic. Adesina speaking in an interview with Radio Continental, appealed to Nigerians to Adesina appealed to Nigerians to cooperate and support the current administration before the desired change will come. Q: Fulani …

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Six die In Lekki Building Collapse, Rescue Underway To Save 50 More

Six people have died, another six are injured and in the hospital while “about 5o” are still trapped inside a five-storeyed building that collapsed at Lekki in Lagos very early on Tuesday. The building, located inside Lekki Garden Estate in the Elegushi area of Lagos, collapsed, trapping dozens of inhabitants. Ibrahim Farinloye, …

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Cherie Blair Foundation for Women Partners with ExxonMobil Foundation to Empower Women Business Owners in Nigeria

The Cherie Blair Foundation for Women,Tuesday  as part of the International Womens Day Celebration introduced on a new  initiative to empower women entrepreneurs to grow their businesses. The foundation is partnering with  the ExxonMobil Foundation, the Road to Women’s Business Growth project  and it aims to inspire women owners of …

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No Society Thrives Ignoring Widows, Less Privileged- Bolanle Ambode

Wife of Lagos State Governor, Mrs. Bolanle Ambode , Monday,  observed that no society can thrive in an atmosphere where widows and the less privileged are continuously ignored and schemed out of welfare calculations, just as she said that all hands must be on deck to put premium on the welfare of …

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Oil prices Rise To $39, Beat Budget Benchmark Of $38

Global crude oil prices finally surpassed Nigeria’s budgetary benchmark, yesterday, trading above $39 per barrels. This came as experts on the economy have cautioned the Federal Government to be frugal with the revenue accruing from the rise in oil price, so as to steer the country from the current economic …

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