NIMASA Fraud: Akpolobokemi Approves All Transaction -EFCC Witness
A witness of the Economic and Financial Crimes Commission (EFCC) in the ongoing trial of the former Director-General Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Patrick Ziadeke Akpobolokemi, and six others, Mrs. Olamide Odusanya, today, testified before an Igbosere…
Businessman Bags 7yrs Jail For duping Swiss Firm of N171.2 m
An Igbosere High Court of Lagos State today, sentenced a businessman, Femi Ogunlowo, to seven years imprisonment for duping a Switzerland fertilizer company, Uralkali Trading SA, to the tune of N171.2 m. The court presided over by Justice Raliat Adebiyi,…
Lagos joins leagues of oil-producing states -As Aje field begins production
Twenty years after it was discovered, theAje field located in Oil Mining Lease 113 has achieved its first oil, putting Lagos on the list of oil-producing states in the country. The milestone is coming after several missed targets for the…
First Bank To Sack 1,000 Staff
Over 1000 staff of First Bank of NigeriNigeria would soon be out of job if the news reaching thestreetreporters.com is anything to go by. The foremost financial institution is planning to cut about 1000 jobs and focus less on providing…
Pirate Kingspin Wanted for Hijack – Nigerian Navy
The Nigerian Navy has declared a suspected pirate kingpin wanted over alleged hijack of a vessel laden with Gas Oil. It was earlier reported that a vessel, MT MAXIMUS with 18 crew members and carrying 4,368.203MT of Gas Oil was…
Breaking: Fuel Scarcity: CNPP Issues 7-Day Ultimatum to End Queues
**To Lead Organised Labour, Civil Society, Others to Occupy NNPC if… The Conference of Nigeria Political Parties (CNPP) has issued a seven-day ultimatum to the Ministry of Petroleum Resources to end fuel queues cross the country, warning that at the…
Isoko North to Construct 50 Housing Units for Staff, Stakeholders
…as Egbabor Signs MoU with Nefkon Isoko North Local Government Council is set to construct 50 housing units for its staff and other stakeholders on a public private partnership (PPP) arrangement in Ozoro, headquarters of the local government. This was…
Alleged Multi-Billion Debt: Ifeanyi Ubah Wants Court to Unfreeze Accounts
The Chief Executive Officer of Capital Oil and Gas Limited, Dr. Ifeanyi Ubah today urged a Lagos Federal High Court, to vacate its interim order made on April 13, 2016 against his oil and gas firm. In the suit…
Fire Guts Another Kano Market
A night fire on Tuesday razed down many shops and temporary stalls at Kano’s century-old market, Kasuwar Kurmi. The famous market, located in the heart of the city, was a center of trans-Saharan trade in the pre-colonial era. On March…
Alleged N6.8bn fraud: NAMA MD, Others’ trial fix for May 12
Alleged N6.8bn fraud: NAMA MD, Others’ trial fix for May 12 A Lagos Federal High Court, presided over by Justice Babs Kuewumi, on Wednesday, adjourned the trial of Managing Director of Nigerian Airspace Management Agency (NAMA), Mr. Ibrahim Abdulsalam and…
Global ICT Firm to Empower 1000 Nigerian Youths- Presidency
As part of government’s effort aimed at addressing the issue of unemployment, the Office of the Special Assistant to the President on Youth and Student Affairs (SAPYSA) has developed a partnership with a leading global ICT solution provider, Huawei Technologies…
