offence of Stealing, contrary to Sections 280 and punishable under section 287 of the Criminal Law of Lagos State, 2015.” The Economic and Financial Crimes Commission, EFCC, on Thursday, May 15, 2025, presented its first prosecution witness, PW1, Abdulmajeed Agboola, a staff of Access Bank Plc, in the alleged N5,726,994, 110.23( Five Billion, Seven Hundred and Twenty Six Million, Nine Hundred and Ninety Four Thousand, One Hundred and Ten Naira, Twenty three kobo) fraud involving a former employee of the bank, Olajide Ogunmoroti, , Michael Igbomina, David Onyeike and Moses Iruolaje before Justice O.O.Abike-Fadipe of the Special Offences Court sitting…
Author: Seun Oriyomi Odunlami
In a significant gesture aimed at bolstering media coverage and promoting sports development in Ogun State, Senator Shuaib Afolabi Salisu, representing Ogun Central Senatorial District and Chairman of the Senate Committee on ICT and Cybersecurity, has donated essential work tools to members of the Sports Writers Association of Nigeria (SWAN), Ogun State chapter, ahead of the highly anticipated 22nd National Sports Festival. The donation ceremony, held on Friday at the SWAN Secretariat in Abeokuta, featured an array of items including press bags, tag jackets, water bottles, power banks, and writing tools—all designed to support sports journalists in their coverage of…
A Federal High Court in Ikoyi, Lagos, has thrown out a motion by Lafarge Africa Plc challenging the court’s jurisdiction to hear a suit against its planned sale of the company to a Chinese investor. A Nigerian company and Shareholder in Lafarge Africa, Strategic Consultancy Limited, had taken the cement company to court over its planned divestment of 83.8 percent majority shares held by its parent company in the Nigerian cement industry. Lafarge, which is listed on the Nigerian exchange, acquired 83 percent of the total shares of three federal government-owned cement companies during the privatisation exercises of 2001 and…
The Secretariat of the Nigeria Union of Journalists (NUJ), Ogun state council, popularly known as Iwe Iroyin situated along Oke Ilewo road in Abeokuta marks its first ever 24hours uninterrupted power supply. The power supply is courtesy of a 12KW 48V/200A Solar Power System, and Street Lights was Donated by Senator Shuaib Afolabi Salisu, the Senator Representing Ogun Central Senatorial District. The formal test run, presiding it’s official commissioning slated for the 16th May, 2025 was held on Wednesday till Thursday, without any blinks to the power supply. The elated members of the council, overjoyed with the latest development lauds…
Nestlé Professional has reaffirmed its commitment toaccelerating youth entrepreneurship, with a workshop in Lagos to upskill over 300 operators and attendants within its My Own Business (MYOWBU) program. MYOWBU is designed to empower young people across Central and West Africa by helping them establish sustainable careers in street vending. More than a vending initiative providing affordable beverage solutions such as NESCAFÉ and MILO enjoyed by millions of Nigerians every day, it is a sustainable means of livelihood for many young people seeking dignified work, financial independence, and a chance to build a better future. “We are excited to host this MYOWBU workshop in Lagos, bringing together hundreds of committed operators and attendants,” said Mrs. Funmi Osineye, Business Manager for Nestlé Professional. “At the…
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has described the Federal Inland Revenue Service (FIRS) as the cash cow responsible for the fiscal sustainability of the three tiers of government. RMAFC member, Bimbo Kolade, who doubles as the commission’s Inland Revenue Monitoring Committee (IRMC), said this in Abuja on Thursday during the inauguration of a joint FIRS-RMAFC Technical Committee at the FIRS headquarters. A statement by Sikiru Akinola, Technical Assistant on Media to the FIRS chairman said the federal, quoted Kolade as stating that federal, state and local governments are able to make projections and execute projects because of…
By Michael-Azeez Ogunsiji 24 hours to the National Sports Festival, Nigeria’s finest Athletes set to shine in Abeokuta. The National Sports Festival is a premier multi-sport event in Nigeria that brings together athletes from across the country to compete in various disciplines. This year’s edition, hosted by Ogun State, is expected to showcase the state’s hospitality and economic potentials. Beyond the sporting spectacle, the festival is anticipated to have a significant impact on Ogun state’s economy. Nearly two decades after making history in 2006, Ogun State is once again taking center stage. Back then, the Gateway Games left a lasting…
Lagos, Nigeria – May 1, 2025 – Fidelity Bank Plc, one of Nigeria’s leading Tier-1 financial institutions, has announced a remarkable financial performance for the first quarter of 2025, recording a Profit Before Tax (PBT) of N105.8 billion, representing an impressive growth of 167.8% compared to N39.5 billion in Q1 2024. The bank’s unaudited financial statements, released on the Nigerian Exchange (NGX) on April 30, 2025, highlight a substantial increase in Gross Earnings, which rose to N315.4 billion, marking a year-on-year growth of 64.2% from N192.1 billion in the same period last year. Growth in interest income was primarily led…
As part of efforts to bolster foreign investment under the Nigeria-China Strategic Partnership (NCSP), Director-General Joseph Tegbe recently hosted Ms. Aisha Rimi, the Executive Secretary and Chief Executive Officer of the Nigerian Investment Promotion Commission (NIPC). This meeting underscored the ongoing collaboration between the NCSP and the NIPC, particularly in facilitating the seamless entry and establishment of Chinese businesses in Nigeria. Over recent months, both entities have worked together to create a more investor-friendly environment for Chinese enterprises. The partnership seeks to deepen economic ties between Nigeria and China, leveraging Chinese investment to support Nigeria’s economic diversification efforts—especially in key…
Lagos, Nigeria – May 8, 2025 — Airtel Nigeria, a leading telecommunications service provider and subsidiary of Airtel Africa, has announced that it is doubling its capital investment commitment to the Nigerian market, reinforcing its unwavering dedication to delivering superior service and driving digital inclusion. This unprecedented investment surge covers critical infrastructure upgrades, rural coverage expansion, advanced data solutions, customer experience enhancements, and community-driven initiatives. The move also underlines Airtel Nigeria’s continued role as a pivotal force in the nation’s digital transformation and economic progress. Network Expansion & Enhanced Service Quality At the heart of Airtel’s investment strategy is the expansion and fortification of its network infrastructure, aimed at significantly elevating connectivity and customer experience across…