The General Manager of the Lagos State Building Control Agency (LASBCA), Mr. Gbolahan Oki, expressed strong condemnation regarding the surge in assaults against agency officials while carrying out their official duties. According to LASBCA spokesman Mr. Olaoye Olusegun, Oki conveyed his dissatisfaction at the agency’s headquarters in Ikeja GRA following recent attacks targeting LASBCA officials Read More…
Month: January 2024
Funke Akindele’s ‘A Tribe Called Judah’ shatters Nollywood Box Office records
Funke Akindele, the celebrated actress and producer, announced the phenomenal success of her movie ‘A Tribe Called Judah’ on Instagram, revealing its historic achievement as the first Nollywood film to surpass one billion naira at the box office within just 21 days of its cinema release. Akindele shared her elation on Instagram, expressing gratitude to Read More…
EFCC probes Dangote Group over forex misuse
The Economic and Financial Crimes Commission (EFCC) conducted a book inspection at the Dangote Group, probing potential misuse of foreign currency obtained from the central bank, according to two sources familiar with the agency’s actions. Sources within the EFCC disclosed that the inspection at Dangote’s offices in Lagos was part of an investigation expanding beyond Read More…
Stears report urges proactive measures amidst Nigeria’s 2024 inflation concerns
Stears, a prominent provider of economic analysis and data-driven insights, has highlighted the imperative of proactive measures to safeguard Nigeria’s economic stability amidst mounting inflation pressures in its 2024 African Outlook Report. Dumebi Oluwole, Senior Economist at Stears, emphasised the urgency for preemptive actions to address the nation’s economic stability amidst the current headline inflation Read More…
NNPC to complete test runs at Port Harcourt refinery this month
Nigerian state-owned oil firm NNPC Ltd. has announced that it will complete test runs at the Port Harcourt refinery in the south this month, marking a major step towards resuming operations after five years of shutdown. According to NNPC spokesperson Femi Soneye, “Testing will conclude shortly, ensuring the refinery’s efficient operation. That phase will be Read More…
Eleven trapped in Zimbabwe mine collapse, rescue operations underway
Eleven subsistence miners are currently trapped underground following a ground collapse at Zimbabwe’s Redwing Mine, located 270 km west of Harare, prompting urgent rescue efforts by authorities. Zimbabwe’s mines ministry attributed the incident, which occurred on Thursday morning, to potential earth tremors. Initial assessments have led authorities to believe that this geological activity might have Read More…
Oscar Pistorius granted parole after serving over 8 years for girlfriend’s murder
South African former Paralympic icon Oscar Pistorius has been released on parole nearly 11 years after the tragic murder of his girlfriend, Reeva Steenkamp, in a case that deeply shook the nation. The Department of Correctional Services confirmed Pistorius’s parole, stating, “Oscar Pistorius is a parolee, effective January 5, 2024. He was admitted into the Read More…
CAF raises TotalEnergies AFCON Prize Money by 40% for Côte d’Ivoire 2023
The Confederation of African Football (CAF) has announced a substantial 40% increase in prize money for the winner of the TotalEnergies Africa Cup of Nations (AFCON) in Côte d’Ivoire in 2023, with the winner set to receive a significant sum of seven million dollars. In an official statement on CAF’s website, the organisation announced the Read More…
GTI Asset Management signs strategic partnership deal with Nigeria Football Federation to elevate FA Cup’s commercial value
GTI Asset Management and Trust Ltd. solidified a significant partnership with the Nigeria Football Federation (NFF), aiming to enhance the commercial viability of the country’s longstanding FA Cup, Nigeria’s oldest domestic club competition. According to GTI’s Media Officer, Andrew Ekejiuba, this collaboration is expected to uplift the tournament’s appeal to potential sponsors and stakeholders. In Read More…
EFCC releases NSIPA national coordinator, clarifies former minister’s invitation status
Halima Shehu, the National Coordinator and Chief Executive Officer of the National Social Investment Programme Agency (NSIPA), has been released by the Economic and Financial Crimes Commission (EFCC). This development follows the EFCC’s clarification regarding the reported absence of former Minister of Humanitarian Affairs, Disaster Management, and Social Development, Sadiya Umar-Farouq, from an invitation extended Read More…