Where is the over $35bn Obono-Obla recovered for FG at NEXIM Bank?
Though the Federal Government has rushed and sacked the former chairman of the Special Investigation Panel for the Recovery of Public Property (SPIP), Okoi Obono-Obla on grounds of corruption allegations, it is still important to review some of the revelation…
(Special Report) DPR’s reactionary control of LPG sector costing lives
For decades, the Department of Petroleum Resources (DPR), the agency of the government in charge of regulating activities in the Nigerian gas sector had been known for reaction rather than being proactive especially in the LPG gas plant segment. This…
(Special Report) How banks’ joined forces to kick out Obono-Obla from SPIP
Fresh fact has emerged on why former chairman of the Special Investigation Panel for the Recovery of Public Property (SPIP), Okoi Obono-Obla, was sacked. Though earlier reports presented issues of persecution by an aide of Vice-President Yemi Osinbajo for his…
Fight for Stamp Duty collection gets messier between two ministers
The official fight for the soul of the apparently irrelevant Nigerian Postal Service (NIPOST) over who controls collection of Stamp Duty for the Federal Government took a different dimension weekend as the Minister of Communications and Digital Economy, Dr Isa…
200 Ghana Cedis now N12, 000 as Eco currency rattles ECOWAS
During her last Ministers’ meeting of the ECOWAS economies in Abuja, it adopted Eco as the regional currency which all the Fancophone economies, who had hitherto ceded their currency nomenclature to their colonial master, France (CFA), also adopted. Business Hilights…
MTN, others studying US claims of paying protection money to al Qaeda, Taliban
South Africa’s telecoms giant, MTN Group and other global deep pocket multinationals in the United States of paying protection money to militant Islamist groups in Afghanistan including al Qaeda and the Taliban. The allegations included also of providing material support…
CCT consumes another as FG appoints new Acting Registrar-General for CAC
Following the order issued by the Code of Conduct Tribunal (CCT) on Dec. 24, on the immediate suspension of the Acting Registrar-General of the Corporate Affairs Commission (CAC), Ms Azuka Azinge for not declaring her assets, Federal Government Tuesday, appointed…
N37bn NASS renovation: Show Nigerians quantity surveying papers—Surveyor
Apart from discordant voices rising against the National Assembly humongous approval of N37bn in 2020 budget of the FCT for the renovation of the complex, professional bodies and experts have joined in the rejection. In a telephone interview on Monday,…
Just in: Dangote to enjoy N72.9bn tax rebate on delivery of Apapa-Oshodi highway
Clearer view on what Dangote Industries Limited will enjoy for cashing on the Federal Government’s new road infrastructure development initiative between the government and interested private sector participants. On the emerging delivery of the 35-kilometer Apapa-Oshodi-Oworonsoki-Ojota highway currently under construction…
(Special Report): Why Dangote Cement ambushed Lafarge’s Michel Puchercos
Whereas a report from the Nigerian Stock Exchange (NSE) last week revealed that all is set for ageless cement technocrat, the Group Managing Director/CEO of Dangote Cement Plc, Engr. Joseph Makoju will retire as GMD/CEO effective January 31, 2020, facts…
