Day: March 22, 2021

South-South Governors Are Pursuing Selfish Agenda – Niger Delta Stakeholder

The Niger Delta people are now beginning to witness genuine and practical intervention in their lives and environment as opposed to mere linguistic, lackadaisical and chaotic involvement of past management team, Niger Delta Stakeholders said on Sunday in Uyo. They also praised the Minister of Niger Delta Affairs, Chief Godswill Akpabio, for confronting the challenges…

IGP Orders Thorough Investigations into Attack On Benue Governor

Following the attack and reported attempt on the life of the Governor of Benue State, Samuel Ortom over the weekend, the Inspector-General of Police, M.A Adamu, has ordered full-scale investigations into the circumstances surrounding the incident. The Force Public Relations Officer (FPRO), Mr Frank Mba, disclosed this in a statement on Sunday in Abuja. The…

Nine Reasons Why Refineries’ Rehabilitation Is Justified

By Adewole Kehinde It is no longer news that the Federal Executive Council on Wednesday, 17th March, 2021 approved the sum of $1.5 billion for the rehabilitation of the Port Harcourt Refinery Company Ltd. Unfortunately, some personalities like Former Vice President Atiku Abubakar, Gov Nyesom Wike, Activist Aisha Yesufu, Senator Dino Melaye, and Former Gov…

NBC Dragged to Court over Trademark Infringement on Predator Energy Drink

The Nigeria Bottling Company (NBC) has been dragged to court for trademark infringement on its Predator energy drink, with a lion insignia in resemblance of the well-liked market leader, a product produced by Rite Foods Limited. In a publication in the ThisDay and Guardian newspapers editions of Friday, 19th of March, 2021, court forms initiating…

Union Bank Declares 25 Kobo Dividend For 2020 On Strong Business Fundamentals Despite Impact Of Covid-19

Union Bank has released its audited financial statements for the year ended 31st December 2020. The bank’s results for the period show sustained growth in key income lines and significantly improved fundamentals, notwithstanding a constrained operating environment largely due to the impact of the Covid-19 pandemic. Union Bank’s investments in technology and building a progressive…

Sanwo-Olu Thanks Dangote, Excited Over Refinery, Fertiliser Progress, Impact

Lagos State governor, Babajide Sanwo-Olu, has commended the Dangote Group for situating the biggest investment in the country in Lagos State, and for the positive development which the Dangote Oil Refinery and Dangote Fertiliser Complex would bring to Lagos and the Nigerian economy. President of the Dangote Group, Aliko Dangote, on his part thanked the…