Category: Business
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Updated: Akure-based socialite ‘Emirate’ hacks wife to death, commits suicide.
A popular Akure-based socialite and the owner of Emirate Petrol Station, Sesan Adelabu, has committed suicide after allegedly macheting his wife to death in Ondo State. Mr Adelabu, popularly known as ‘Emirate,’ was alleged to have killed his wife late Friday in the Alagbaka area of Akure, the state capital. Reports say that shortly after,…
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ATTENTION ! Motorists plying Lagos-Ore Expressway
Report says a tanker has fallen along Ore overhead bridge, causing traffic in that area. A statement by the Ondo State Police Public Relations Officer, Funmilayo Odunlami urged Road users to be calm as efforts are ongoing to remove the tanker and clear the gridlock. Credit: Roving Reporter.
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EFCC Declares Emefiele’s Wife, Three Others Wanted
The Economic and Financial Crimes Commission (EFCC) yesterday declared Margaret Dumbiri Emefiele, wife of the embattled former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele wanted. Also declared wanted by the anti-graft agency were Eric Ocheme Odoh (m), Jonathan Omoile (m) and Anita Joy Omoile (f) for alleged for allegedly conniving with the…
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Minimum wage: PDP Urges NASS to Investigate Tinubu Presidency
The Peoples Democratic Party, PDP, has called on the National Assembly to probe President Bola Tinubu’s presidency over the leaked one billion memo. This is coming after a leaked memo disclosed that Tinubu approved N500 million as first installment of a N1billion for the inauguration of a 37-man Tripartite Committee on New…
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Federal Government Reacts To NLC, TUC strike Threat
The Federal Government on gas addressed concerns raised by the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), asserting that accusations of failing to fulfill its promises to the labor unions are unfounded. This clarification came amid escalating tensions following the organized labour’s threat to initiate a nationwide strike over unmet agreements…
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BREAKING: Senate drills CBN Governor Cardoso, other officials
The Senate Committee on Banking, Insurance and Financial Institutions is holding a session with Central Bank of Nigeria Governor Olayemi Cardoso. Cardoso led other officials of CBN to the Red Chambers on Friday morning amid the rising cost of living and hardship Nigerians are grappling with. Barely two days ago Cardoso appeared before the members…
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What will Happen if Tinubu fails to act immediately, Lamido warns
What will Happen if Tinubu fails to act immediately, Lamido warns Former Governor of Jigawa State, Sule Lamido, has asked the All Progressives Congress (APC)-led administration of President Bola Tinubu to take preventive measures against the general discontent in the country arising from poverty, high cost of living and the insecurity currently bedevilling the nation…
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Robbery: Gridlock on Akure-Ilesa road as Protest rocks FUTA
Students of the Federal University of Technology Akure, FUTA, this morning staged a protest against incessant robbery cases they are being subjected by suspected robbers off campus. The students protest has led to serious gridlock along ilésà Akure road as motorists and other road users are stranded as of press time. Some of…
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BREAKING: CBN dissolves board, management of Polaris, three others
The Central Bank of Nigeria has dissolved the board and management of Titan Trust Bank and three others, according to Inside Business. This followed a report submitted to President Bola Tinubu by the Special Investigator on the Central Bank of Nigeria (CBN) and Related Entities, Jim Obazee. According to Inside Business, the others affected are…
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CBN removes forex ban on 43 items
The Central Bank of Nigeria (CBN) has lifted the foreign exchange restriction on importation of 43 items assuring of its commitment to boost liquidity in the foreign exchange market. Disclosing this in a statement, Director Corporate Communications, Department, CBN, Dr.Isa Andulmumin, said,”Importers of all the 43 items previously restricted by the 2015 Circular referenced TED/FEM/FPC/GEN/01/010…