Year: 2021

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…

Hajj 2021: Lagos Promises Stress-Free COVID-19 Vaccination for Intending Pilgrims

The Lagos State Government has given assurances that COVID-19 vaccine will be administered on every Intending Pilgrim from the State before embarking on the Y2021 Hajj exercise in Saudi Arabia. The Commissioner for Home Affairs, Prince Anofiu Olanrewaju Elegushi, gave the assurance on Thursday while delivering his opening remarks at a training programme organised by…

First Phase of COVID-19 Vaccination Only For Health, Frontline Workers—Prof. Abayomi

In an attempt to prevent cases of overcrowding in COVID-19 vaccination centres across the state, the Lagos state government has clarified that the first phase of the ongoing exercise is strictly for health workers, frontline staff and essential duty personnel. According to the Lagos State Commissioner for Health, Prof. Akin Abayomi, the state had been…

$1.5 Billion To Renovate Port Harcourt Refinery Suspicious – Atiku

The Federal Executive Council (FEC) decision on Wednesday in approving the sum of $1.5 billion for spending on the modernisation of the Port Harcourt oil refinery has received backlash from former Vice President, Atiku Abubakar. The former vice president in a statement criticized the Federal Government’s approval, saying budgeting such huge amount to renovate or…

GTBank Releases 2020 Full Year Audited Results, Reports PBT of ₦238.1 Billion

Guaranty Trust Bank plc has released its Audited Financial Results for the year ended December 31, 2020 to the Nigerian and London Stock Exchanges. A review of the result shows improved performance across all key financial metrics in the face of the unprecedented challenges brought on by the COVID-19 pandemic, reflecting the quality of past…

Ex-JAMB Registrar, Professor Ojerinde, Arrested Over N900 Million Fraud

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested a former Registrar and Chief Executive Officer of the Joint Admission and Matriculation Board (JAMB), Professor Dibu Ojerinde, for allegedly misappropriating N900 million. A statement posted on the commission’s website on Wednesday said Mr Ojerinde who was arrested on 15th March, 2021, in…