Author: Newsjaunts
The Economic and Financial Crimes Commission has summoned some officials of the Dangote Group to Abuja to come along with detailed documents on foreign exchange transactions by the conglomerate covering the last nine years.Operatives of the EFCC had on Thursday stormed the headquarters of Dangote Industries Limited in Ikoyi, Lagos, in furtherance of the ongoing investigation into the alleged abuse of the foreign exchange allocations by the immediate past governor of the Central Bank of Nigeria, Godwin Emefiele.The anti-graft commission is probing the alleged preferential allocations of forex to the Dangote Group owned by billionaire Aliko Dangote and 51 other…
LgThe Economic and Financial Crimes Commission has summoned some officials of the Dangote Group to Abuja to come along with detailed documents on foreign exchange transactions by the conglomerate covering the last nine years.Operatives of the EFCC had on Thursday stormed the headquarters of Dangote Industries Limited in Ikoyi, Lagos, in furtherance of the ongoing investigation into the alleged abuse of the foreign exchange allocations by the immediate past governor of the Central Bank of Nigeria, Godwin Emefiele.The anti-graft commission is probing the alleged preferential allocations of forex to the Dangote Group owned by billionaire Aliko Dangote and 51 other…
Lagos, Nigeria; Friday January5th, 2024: Smartcash Payment Service Bank, a subsidiary of Airtel Nigeria, has launched a new feature “Free Transfers to All Banks” which allows all customers to transfer funds to any bank account nationwide, at no cost, and this feature is available to both new and existing users. The campaign underscores Smartcash’s commitment to delivering exceptional value to its users and is available to both new and existing users of the mobile money platform. Speaking on the launch of this milestone feature, Head of Brand and Communications, Smartcash PSB, Kelechi Amogu, said the campaign aligns with the organization’s…
Ogun State Governor Prince Dapo Abiodun has won the 2023 Governor of the Year Award by the Sun Newspapers and 2023 Silverbird Man of the Year AwardThe Awards were communicated in separate letters to the governor by the two media establishments.The Sun, in a letter signed by its Managing Director/Editor-In-Chief, Onuoha Ukeh, dated November 20, said the award was in recognition of Governor Abiodun’s strides in Ogun State, turning the state into an industrial giant, while also improving its revenue base.The letter said: “The management and staff of The Sun Publishing Limited, publishers of Daily Sun, Saturday Sun, Sunday Sun…
Beware the fury of a betrayed friend. A patient, pitiless friend like Godwin Emefiele. The embattled former Governor of the Central Bank of Nigeria (CBN) may be out for blood amid his trial for fraud and official misconduct during his time as CBN head honcho.Indeed, revenge is the sweetest morsel to the mouth that ever was cooked in hell. Against the backdrop of the invasion of Aliko Dangote’s office by operatives of the Economic and Financial Crimes Commission (EFCC), speculations are rife that the man hitherto regarded as Africa’s richest billionaire may have been thrown under the boss by the…
…Pundits Recall When Dangote Granted Emefiele Unrestricted Access To His Private JetBeware the fury of a betrayed friend. A patient, pitiless friend like Godwin Emefiele. The embattled former Governor of the Central Bank of Nigeria (CBN) may be out for blood amid his trial for fraud and official misconduct during his time as CBN head honcho.Indeed, revenge is the sweetest morsel to the mouth that ever was cooked in hell. Against the backdrop of the invasion of Aliko Dangote’s office by operatives of the Economic and Financial Crimes Commission (EFCC), speculations are rife that the man hitherto regarded as Africa’s…
The Spiritual Director of Zion Prayer Movement Outreach, Evangelist Chukwuebuka Anozie Obi, says, though 2024 will be a difficult year for Nigerians generally, God will uplift and prosper the righteous.Speaking at the Cross-over programme of the Ministry at its headquarters at Zion ground, Okota, Lagos, Evangelist Ebuka said those who are steadfast in the Lord need not worry about the economic challenges that will come with the year as “It shall be well with the righteous”.Quoting the Bible, he said, “Say ye to the righteous that it shall be well with them; for they shall eat the fruit of their…
Abbey Mortgage Bank, a leading Mortgage Bank in Nigeria kicks off the new year with fresh developments. Alongside the appointment of a new Chairman, the bank is excited to welcome Mrs. Adenike Kuti as a new Independent Non-Executive Director to the Board. This sets the stage for a year ahead filled with new opportunities and exciting directions for Abbey Mortgage Bank.Mrs. Adenike Kuti is a Chartered Accountant and Corporate Finance Professional, with a background in business development, mergers & acquisitions, and investment banking. She obtained her first degree in accounting from the University of Lagos and a master’s degree in…
London and Lagos, 2 January 2024: Airtel Africa plc has today announced the retirement of the Chief Executive Officer, Olusegun “Segun” Ogunsanya, with effect from 1July, 2024. Mr. Ogunsanya, who joined Airtel in 2012, ran the Nigeria Operations of the Telecommunications and mobile money company for nine years before his appointment as Chief Executive Officer of the Group in 2021. With local knowledge of the African landscape and deep distribution experience he led the company in maintaining double-digit revenue growth over many quarters and to deliver new, innovative products to its customers across the continent.Building on the work undertaken during…
The Onibudo of Ayetoro-Budo Ota in Ado-Odo/Ota local government area, Ogun state, Oba Adewunmi Odutala has implored the federal government to make our local languages as compulsory subject in seeking admission into higher institutions in Nigeria.Oba Odutala equally tasked the federal government to prioritize the welfare and security of Nigerians instead of “funding the luxury of those elected to serve and make life better and more meaningful for ordinary Nigerians.”He called on President Bola Ahmed Tinubu and the security apparatus in the country to be far more proactive in ensuring the safety and property of the citizens.The monarch who gave…