By Sodiq Adelakun A 37-year-old man, Chukwu emeka Ewa, was on Wednesday sentenced to 10 years imprisonment for defrauding one Toyeeb Olanrewaju of N5m in Lagos State. The defendant was arraigned on June 17, 2021, by the Lagos State Police…
A 19-year-old suspect, Hassan Isawu, was arraigned on Thursday before an Ado-Ekiti Chief Magistrate Court over alleged housebreaking and stealing. Isawu, whose address was not given, is facing a three-count charge of housebreaking, stealing, and malicious damage. The police prosecutor,…
With installed capacity of 650,000 barrels a day and the capacity to produce about 60 million of Premium Motor Spirit (PMS), 20 litres of kerosene and 9 million litres of diesel, the Dangote Refinery will be earning about $21 billion…
Group Managing Director of Guaranty Trust Holding Company Plc (GTCO), Mr. Segun Agbaje, has disclosed the institution’s ambitious projections to achieve a profit before tax growth of 30 per cent for the year ended December 2023. The holding company’s ambitious…
The Central Bank of Nigeria (CBN) has partnered with Benson Idahosa University, Benin, Edo State, to deepen adoption of eNaira as a payment system and medium of exchange. Branch Controller, CBN, Benin, Michael Mbeze, stated this during a three-day training…
By Philemon Adedeji Trading activities on the Nigerian Exchange Limited (NGX) closed on negative performance, the market’s loss was primarily driven by the decline in telco heavyweight, Airtel Africa (-6.00 per cent). The decline puts the index on track for…
By Philemon Adedeji The shareholders of NEM Insurance plc have unanimously approved N1.5 billion dividend payout which can be translated to 30 Kobo per N1 ordinary share. The approval was made at the 53rd Annual General Meeting (AGM) held in…
By Seun Ibiyemi The Chairman Board of Directors, Bank of Industry (BOI) Group, Aliyu Dikko, said the total assets of the group grew by 39.2 per cent between 2021 and 2022. Dikko stated this during the 63rd Annual General Meeting…
President Muhammadu Buhari on Thursday inaugurated the Large -Scale Integrated Rice Mill in Sheda, Kwali, Abuja, to enhance rice production. Speaking at the inauguration, Buhari said the mill is aimed at expanding domestic rice production and achieving self-sufficiency in the…
The Defence Headquarters says troops of Operation Delta Safe (OPDS) have destroyed 38 illegal refining sites and apprehended 29 suspected oil thieves in the last two weeks. The Director, Defence Media Operation, Maj.-Gen. Musa Danmadami, said this on Thursday in…
