Category: News

How tax consultant, Tola Ogundipe drowned in Lagos boat mishap

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Tola Ogundipe, the Deputy Senior Partner at Price Waterhouse Coopers has been confirmed dead. He was said to have gone missing on Saturday while boating on his own on the coast near Lagos. His boat was found on Sunday before the Marine Police discovered his corpse on Monday. Lagos State Commissioner of Police, Hakeem Odumosu has ordered a discreet investigation into his death, and thw state Police Public Relations Officer, Muyiwa Adejobi, confirmed his death. In its statement, Price Waterhouse Coopers’ Country Senior Partner, Uyi Akpata described the deceased as…

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Ocean Marine’s MD carpets Blogger’s Attempt to Tarnish Company, Chairman’s Reputation

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Managing Director of Ocean Marine Solutions Limited (OMSL), Rear Admiral Ameen Ikioda (retd.), has slammed blogger, Mr Jackson Ude, over his tweet in which he imputed wrong and malicious motives into the business transactions of Chairman of the company, Capt. Idahosa Wells Okunbo (Capt. Hosa). In the latest tirade tweeted by one Jackson Ude, whose trade in stock has been to fabricate utter falsehood and disseminate via multiple social media platforms, the pen-for-hire writer alluded to an alleged Trans Forcados Pipeline (TFP) contract, and attached bank statements from January and…

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International Literacy Day 2020: FirstBank Set The Pace With Innovative e-learning Solutions

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By Eche Munonye Covid-19 brought a huge challenge to education and literacy, First Bank of Nigeria Limited responded with a Rosetta stone of innovative e-learning initiatives that have far-reaching effects Since 1967 that the United Nations Educational, Scientific and Cultural Organization (UNESCO) have been celebrating International Literacy Day to promote the importance of literacy and education, every September 8 had witnessed book gifting, book reading and related activities are undertaken by the UN body and its coalition of partners. But this year is a departure as such enshrined activities are…

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Thugs invade Ondo State Assembly complex

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Ondo State House of Assembly was allegedly under siege for hours yesterday as men suspected to be political thugs were seen around the complex, thereby causing anxiety. These stern looking men resumed at the state Assembly complex at about7 30am, and there were allegations that these men are hired thugs, contracted to prevent the nine suspended lawmakers that the court quashed their suspension, from resuming. Nine lawmakers were suspended by the assembly for refusing to sign the impeachment notice served on the deputy governor, Agboola Ajayi. Dissatisfied with their suspension,…

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Sultan blames politicians over Southern Kaduna killings

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Monarchs in the 19 Northern States and Abuja met in Kaduna on Monday over the disturbing spate of insecurity in the region and the country. The meeting of the monarchs under the aegis of the Northern Traditional  Council was presided over by its Chairman and Sultan of Sokoto, Alhaji Sa’ad Abubakar lll and held at the Lugard Hall Secretariat of the council, in the metropolis. The Sultan in his opening address, described the killings in Southern Kaduna as “madness,” calling on those involved in the carnage to stop immediately. He…

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COVID-19: Two men allegedly defrauded German firm €14.7 million, nabbed

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Babatunde Adesanya alias Teddy, a Masters degree holder, aged 50 and his accomplice, 41-year-old Akinpelu Hassan Abass were arrested by men of the cyber crime unit of the Nigerian Police, Abuja, INTERPOL and National Central Bureau for their involvement in a COVID-19 scam and defrauding a German firm of €14.7 million. Their arrest was based on information that they were members of a sophisticated transnational criminal network which defrauded one Freiherr Fredrick Von Hahn, a representative of the German State of North Rhine-Westphalia. The statement by the Nigerian Police reads:…

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Viral video of ‘Naira rain’ at Buhari’s daughter’s wedding sparks debate

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The viral video of guests spraying money at the wedding of President Buhari’s daughter, Hanan Buhari, and Turad Sha’aban, has sparked a heated debate on social media. It comes less than two months after another viral video showed the son of the Attorney-General of the Federation, Abdulazeez Malami, being sprayed with money at his wedding in Kebbi State. The latest video, captioned, ‘Naira Rain at Hanan Buhari’s wedding’, was posted on social media by Sahara Reporters and had attracted nearly 3,000 comments on Facebook and Twitter on Sunday. In the video, Hanan is seen dancing with…

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How I Fought And Won Nigeria’s Case Against P&ID Despite Frustrations -Olasupo Shasore

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Just as Nigeria secured a landmark victory in its pursuit to overturn a $10 billion judgement awarded against it in a case against Process and Industrial Developments (P&ID), a former attorney general and commissioner for justice in Lagos State, Olasupo Shasore SAN, has denied working against the country on the case. It was gathered that the case will either go back to arbitration based on the new evidence or both parties will now settle out of court. It will be recalled that on January 31, 2017, a tribunal ruled that…

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We will protest hike in electricity, fuel price -Falana

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Human Rights Lawyer, Mr. Femi Falana (SAN) has accused the federal government of insensitivity to the plight of Nigerians. He said it was evil of the government to increase the prices of essential commodities during a pandemic. “While other countries were making life easier for their citizens through tax cuts and palliatives, the Nigerian government was doing the exact opposite. The activist said, “There is going to be a general strike and protest. We will fix a date after a meeting this evening. Alliance on Surviving COVID-19 and Beyond (ASCAB),…

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P&ID: Nigeria gets relief from $10bn fine

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A judgement by a UK court has landed in favor of Nigeria, as $10 billion judgement awarded against it in a case against Process and Industrial Developments (P&ID) has been overturned. In the judgment delivered on Thursday, Ross Cranston, a judge of the Business and Property Courts of England and Wales, granted Nigeria’s application for an extension of time and relief from sanctions. It was gathered that’s the case will either go back to arbitration based on the new evidence or both parties will now settle out of court. “It…

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