Justice Okon Abang of the Federal High Court Abuja on Monday November 8, 2021 convicted former chairman of the Pension Reform Task Team (PRTT) Abdulrasheed Maina on charges of money laundering brought against by the Economic and Financial Crimes Commission, EFCC and sentenced him to eight years imprisonment. The Judge ruled that the prosecution successfully…
The Lagos State Traditional Medicine Board has unveiled the first registered traditional medicine clinic, Milyash Alternative Medicine Specialist Clinic in Victoria Island, Lagos, as a way of expanding the frontiers of traditional medicine treatment and providing alternative medical care for residents and visitors. Speaking at the commissioning recently, the Chairman, Lagos State Traditional Medicine Board,…
The Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs, will announce the beneficiaries of the 2021 TEF Entrepreneurship Programme at the official Selection Announcement event holding in Lagos, and streaming live online, on November 12, 2021. The ground-breaking hybrid event will unveil 4,800 African entrepreneurs chosen from all 54 African countries…
Nigeria’s private sector concluded the third quarter of 2021 with a modest expansion in business conditions. Quicker uplifts were seen in new orders, employment and stocks of purchases, but output growth moderated for the second month running. Nevertheless, optimism improved to a seven-month high. Material scarcity and unfavourable exchange rate movements exerted upward pressures on…
Nigerian lender, Unity Bank Plc has handed out a total of N10 million in prize money as business grants to 30 NYSC members in the latest edition of its flagship Youth entrepreneurship and empowerment initiative, Corpreneurship Challenge held across ten states recently. The competition, already in its 7th edition, produced the 30 winners during the…
Ogoni stakeholders have met with the Rivers State Governor, Nyesom Ezenwo Wike and unanimously agreed that he lead a multi-consultative forum to discuss with Federal Government on the planned resumption of oil production in OML 11. The stakeholders said the choice of the governor was aimed at preventing saboteurs who may want to adopt divide…
Nigeria’s leading and largest listed diversified conglomerate, Transnational Corporation of Nigeria Plc (Transcorp) has released its unaudited results for the third quarter ended September 30, 2021, indicating sustained growth in 2021 as seen in the first two quarters of year. With strategic investments in the Power, Hospitality, and Energy sectors, the conglomerate recorded a profit…
Ogun State governor, Dapo Abiodun, has shed light on why the state joined other states in the fray to collect the Value Added Tax (VAT). According to Abiodun, his administration decided to take advantage of the VAT controversy with the view to ensure Ogun gets a fair share from the money being generated from the…
The Economic and Financial Crimes Commission, EFCC, Enugu Zonal Command has secured the conviction of a former manager with Sterling Bank and Account Relationship Officer of OHHA Microfinance Bank. Mr Oliver Anidiobi. Anidiobi was arraigned before Justice C.O Ajah of the Enugu State High Court, Enugu on a 32-count charge bordering on forgery and stealing…
Ogun State governor, Dapo Abiodun, has disclosed how the state under his watch has been tackling insecurity and making Ogun safe for investors. According to the governor, his administration has been able to create a job portal meant to dimension the number of unemployed or under employed, and match them with employers, launch the Anchor…