Year: 2021

Transcorp Plc Half-Year Performance Shows Powerful Growth as Profit Leaps by 713%

Transnational Corporation of Nigeria Plc (Transcorp) has released its unaudited results for the half-year ended June 2021, recording significant improvement across its major income lines. The Conglomerate with strategic investments in the Power, Hospitality, and Energy sectors, recorded a profit after tax of N6.5bn, rising by 713% up from N0.8bn recorded in June of the…

Address Looming Food Crisis To Avoid Calamity – Atiku Abubakar Tells FG

Former Vice President Atiku Abubakar on Friday, called on the federal government to address the looming food crisis before it becomes a calamity. Atiku in a statement on his social media page said the warning given by the Food and Agriculture Organisation of the United Nations on Wednesday, of a looming acute food crisis in…

Hushpuppi: IGP Orders Investigation over Alleged Indictment of Abba Kyari

The Inspector General of Police has ordered an internal review of the allegations against Abba Kyari, a highly celebrated police officer. The United State of America’s Federal Bureau of Investigation (FBI) investigators found Kyari, a deputy commissioner of police indicted in the investigation of alleged fraudster, Ramon Abbas, popularly called Hushpuppi and has ordered for…

Stakeholders Commend Nigerian Bottling Company’s Waste Management Initiatives

Leading stakeholders in Nigeria’s manufacturing and waste management sectors have applauded the Nigerian Bottling Company Limited (NBC), a leading consumer packaged goods company and a member of the Coca-Cola Hellenic Bottling Company (CCHBC), for its innovative initiatives aimed at optimising plastic packaging and waste management in the country. Speaking during the annual NBC Stakeholders Forum…

Hushpuppi Indicts Highly Decorated DCP Abba Kyari

Ramon Abbas, popularly known as Hushpuppi, in a plea agreement pleading guilty to charges of money laundering, wire fraud and others, has indicted a highly decorated Deputy Commissioner of Police in Nigeria, Abba Kyari. Hushpuppi allegedly paid Abba Kyari to arrest and jail an estranged ‘co-conspirator,’ Chibuzo Vincent after a dispute among members of the…

PDP Slams Buhari for Travelling To London for Virtual Meeting

The Peoples Democratic Party (PDP) has described as appalling the decision by President Muhammadu Buhari to deploy the nation’s resources to travel to London for the Global Education Summit on Financing Global Partnership for Education (GPE) 2021-2025, when the meeting is scheduled to be virtual. The party also berated the Presidency for trying to hide…

Court Jails Unilorin, KWASU, Kwara Poly Students for Fraud

The Economic and Financial Crimes Commission, EFCC, on Tuesday, July 27, 2021 secured the conviction of Abubakar Abdulbashit Opeyemi, a final year Student of the University of Ilorin and two other undergraduate students charged with offences bordering on love scam and internet fraud. They two other convicts are Alimi Abiodun, a student of the Kwara…

Lagos State Government Announces 15% Discount on Early Payment of Land Use Charge Bills

The Lagos state government has announced a 15% discount on all Land Use Charge (LUC) bills paid within 30 days after receipt of the Bill. According to a statement signed by the State Commissioner for Finance, Dr. Rabiu Olowo, the discount for early payment of the LUC bill within the stipulated period in the Demand…