$55m Diezani Funds: EFCC Nabs First Bank Director, Dauda Lawal

A director with First Bank of Nigeria has been apprehended by officials of the Economic and Financial Crimes Commission, EFCC. The suspect, Dauda Lawal, is the Executive Director, Public Sector of the First Bank. Lawal was reportedly arrested on Tuesday, May 10, 2016. SaharaReporters said the First Bank director was nabbed by the EFCC over…

GTNMT Commends Buhari, Ameachi For Niger Delta Dev

By Nwaorgu Faustinus The Greater Together New Media Team, GTNMT, has commended President Muhammadu Buhari and the Minister of Transport, Rotimi Amaechi, for demonstrating extraordinary and sincere commitment to the development of Nigeria, and in particular, the Niger Delta region by insisting that the Lagos-Calabar Rail project be captured  in the 2016 Budget in spite…

Nigerian Breweries Plc, the first and foremost brewer in Nigeria, has reiterated commitment to sustaining its position as the leading beverage company in Nigeria. Managing Director of the company, Nicolaas Vervelde stated this at a pre-Annual General Meeting, AGM interaction with financial journalists in Lagos on Thursday. Vervelde explained that favourable demography, growing middle class…

Pictures From Tosyn Bucknor’s Wedding In France

Over the weekend, a top radio presenter in Lagos, Tosyn Bucknor had her white wedding ceremony in France. The event precisely took place in the quaint island of Corsica, France and it was attended by family members and friends of the newlywed. This was after the lovers had their traditional wedding in Lagos in 2015,…

Wike Insists Rivers Safe For Investments

Rivers State Governor, Nyesom Ezenwo Wike has declared that the success story of the Indorama Eleme Fertiliser and Chemicals Limited which is the largest urea fertiliser company in the world is a clear testimony that the state is a safe haven for multi-billion dollars investments. Speaking at the Indorama Eleme and Chemicals Limited on Monday…

Elumelu, Adesina, Graca Machel To Co-Chair World Economic Forum In Kigali

Leading African businessman and philanthropist Tony O. Elumelu; Akin Adesina, President of the African Development Bank; Graca Machel, former first lady of Mozambique and widow of Nelson Mandela; Phillipe le Houerou, CEO of the International Finance Corporation and Tarek Sultan Al Esso, CEO and Vice Chairman of the Board Agility have been slated to co-chair…

Nigerian Breweries Expresses Confidence In Economy

Nigerian Breweries Plc, the pioneer and largest brewing company in Nigeria, has reaffirmed its commitment to backward integration substitution of imported raw and packaging materials with local alternatives. According to the company, not fewer than 250,000 new jobs have been created through its investment in the Sorghum and Cassava value chain. Speaking to Financial Journalists…