The battle lines were drawn, the drums of war drowning the initial applause that greeted the order for the financial probe of the corruption riddled interventionist agency – the Niger Delta Development Commission, NDDC, whose headquarters is in Port Harcourt, Rivers State. The first Salvo was fired by the Vice President sometime in May 2019,…
Lagos State Government, on Thursday, read the riot act to the 7-Up Bottling Plant on Mobolaji Johnson Avenue, Oregun, over its incessant creation of traffic gridlocks and environmental nuisance by its trucks. The government warned that any further infraction by the company will attract severe penalties. A statement signed by the Commissioner for the Environment…
The Lagos State High Court sitting in Ikeja has ordered the freezing of the assets and funds to the tune of N19, 178, 253,050 belonging to a convicted former Managing Director of the defunct Bank PHB Plc, Francis Atuche. Justice Lateefat Okunnu gave the order on Tuesday, August 31, 2021, following an ex parte application…
Business conditions in Nigeria’s private sector improved modestly midway through the third quarter, but the rate of growth slowed to a six-month low. Softer upticks in output, new orders and employment contrasted with quicker expansions in held inventories as firms seek to take advantage of faster lead times, and protect against any future supply shocks.…