March 2022

Two docked for assaulting police officer

Two men were on Monday docked in an Ojo Magistrates’ Court in Lagos for allegedly assaulting a police officer. The police charged Yusuf Akanni, 21, and Kafaya Yusuf, 42, with conspiracy and assault. The Prosecution Counsel, Dr. Simeon Uche, told…

POS attendant docked for allegedly stealing N260,000

A 26-year-old employee of a Point of Sale (POS) outlet, Jeceinta Pereire, was on Monday docked in an Ojo Magistrates’ Court in Lagos, for allegedly stealing N260,000. Pereire is charged with conspiracy and theft. The Prosecution Counsel, Dr. Simeon Uche,…

African countries engage DFIs to fund oil, gas projects

Nigeria and other petroleum producing countries in Africa have begun engagements with Developmental Finance Institutions (DFIs) to fund critical oil and gas projects in the continent. The Minister of State for Petroleum Resources, Chief Timipre Sylva, made this known while…

NGX ASI drops by 0.01% due to sell-off

The equities on Monday extended it losing streak with the All Share Index(ASI) dropping by 0.01 per cent as sustained sell-off was witnessed on most insurance companies. They include Nigeria Insurance, American International Insurance Company (AIICO) and Linkage Assurance. Specifically,…