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Tag Archives: FG

Oil Marketer Drags Federal Government to Court Over Alleged Discriminatory Forex lntervention Policy

In a bid to forestall the continued implementation of alleged discriminatory Forex investment Fund policy to the advantage of some importer of Petroleum products, an independent Oil marketer in the down stream sector SPOT MARKET OIL (OVERSEAS) LIMITED has dragged the Federal Government of Nigeria before a Federal high court in Lagos. Joined as co -defendants in the ensuing legal ...

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Pro Joshua Iginla Declares Fasting and Prayer for President Buhari Over Health Saga


Popular Abuja prophet, Pro joshua Iginla who rightlypredicted the unscheduled medical trip of President Buhari early this year haswarned the presidency again not to politicise his health based on what Godrevealed to him and he also enjoined his followers to fast and pray along forhim on Friday. The Abuja based clergy and shepherd in charge of ChampionsRoyal Assembly re-emphasised this ...

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Osinbajo’s Committee To Submit Report Monday

Prof Yemi Osinbajo, Nigeria’s Vice President

The three-man Presidential Investigative Committee set up by President Muhammadu Buhari to inquire into the discovery of foreign and local currencies by the Economic and Financial Crimes Commission (EFCC) at Osbourne Towers, Ikoyi, Lagos, Southwest Nigeria will submit its report on Monday. The committee, headed by Vice President, Prof. Yemi Osinbajo has completed its assignment and would formally submit the ...

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Damilola Oladeinde Storms Lagos With Deesaviva Empire (Photos)


Government cannot do it all when it comes to creation ofjobs for the ever growing population of job seekers and most especially freshgraduates. Bearing this in mind, and with a burning desire of turning her hobbycum passion into a creative venture to reduce the number of youths roaming on thestreet in search of a meaningful means of livelihood, Damilola Oladeinde, ...

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UBA Delights Shareholders; Distributes N27.2bn in Dividends


The shareholders of the pan-African financial institution, the United Bank for Africa (UBA) Plc applauded the Board, Management and Staff at the 55th Annual General Meeting of the Bank, held in Lagos on Friday April, 7, 2017. UBA shareholders approved the payment of N19.9 billion as final dividend for the financial year ended 31st December 2016, in addition to N7.3 ...

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Elumelu lauds FG’s Economic Recovery Plan at UBA’s AGM

The Chairman of the United Bank for Africa Plc, Mr. Tony Elumelu, has strongly commended the Federal Government and the Central Bank of Nigeria (CBN) for their efforts in stimulating the Nigerian economy, and bringing to bear a coordinated policy response that will positively jumpstart the Nigerian economy. According to Mr Elumelu, recent actions by the Federal Government, including greater ...

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Anti-Uduaghan Protests, A Political Gimmick

Emmanuel Uduaghan

As another election year fast approaches, politicians are back at their usual games. While some are re-strategizing to win the hearts of the people, others are scheming and re-aligning themselves to outdo one another in a bid to reassert their respective relevance in the political scheme of things. In Delta State, the jostling is currently taking a melodramatic twist and ...

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N8.1billon Debt : Court Restrains Stella Odua From Operating Company Account in 21 Banks

Stella Oduah

A federal high court sitting in Lagos south west Nigeria has restrained Senator Stella Ada Oduah and Sea Petroleum and Gas Company Limited and his directors from making any withdrawal whatsoever from the account of the company and three other Limited Liability companies, Sea Shipping Agency Limited, Rotary Engineering Services Limited, and Tour Afrique Company Limited domicile with 21 commercial ...

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