JUST IN: Court orders interim forfeiture of Rochas Okorocha’s properties

JUST IN: Court orders interim forfeiture of Rochas Okorocha’s properties

  By Nwafor Sunday Barely four days after the Imo state police command arrested and released the senator representing Imo West constituency, for breaking into a government sealed ‘Royal palm spring estate’, High Court in Owerri on Thursday ordered an interim forfeiture of all properties allegedly ‘acquired illegally’ by Rochas Okorocha, while he was in […]
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Nigeria loses 200,000 bpd of crude oil daily to theft

Nigeria loses 200,000 bpd of crude oil daily to theft

Nigeria is losing 200,000 barrels of oil valued at 13 million dollars daily to theft and vandalism, NNPC said on Thursday. Managing director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, was quoted as making the disclosure on Wednesday during a meeting with the country’s defence chief, Major-general Lucky Irabor in Abuja. “We have […]

Twitter considers charging users for special content, in revenue push

Twitter considers charging users for special content, in revenue push

Twitter said Thursday it plans to offer a subscription service in which users would pay for special content from high-profile accounts, part of an economic model to diversify its revenue. The globally popular social media platform announced the potential new Super Follows service at its annual investor meeting, as it searches for new revenue streams […]

Self-made South Korean billionaires promise to give half away

Self-made South Korean billionaires promise to give half away

Two self-made South Korean billionaires have pledged in as many weeks to give away half their fortunes –- a rarity in a country where business is dominated by family-controlled conglomerates and charity often begins and ends at home. Kim Beom-su, the founder of South Korea’s biggest messaging app KakaoTalk, announced this month he will donate more than half […]

NAFDAC to intensify  awareness campaign on breast milk substitutes marketing code

NAFDAC to intensify awareness campaign on breast milk substitutes marketing code

The National Agency for Food and Drug Administration and Control (NAFDAC), says it is intensifying an awareness campaign to ensure compliance with the International Code of Marketing of Breast Milk Substitutes (BMS) in Kaduna State. The State’s  Coordinator of the Agency, Dadi Mullah-Natim disclosed this on Thursday during a sensitisation workshop for Neonatal Doctors on […]

Cost of militancy in the Niger Delta

Cost of militancy in the Niger Delta

By Patrick Dele Cole THE plight of the Niger Delta has never been worse than it is now. The people are a lot poorer than ever before. They are restless, nearer revolt; the low level insurgency is gone. The original militants have been compromised and their leaders even more so. Today we have a people […]

Q4 Report: Jumia maintains 12% gross profit increase YoY

Q4 Report: Jumia maintains 12% gross profit increase YoY

….. as Business rebalancing drives growth Africa’s leading e-commerce platform, Jumia has reported gross profit of €27.9 million, translating to a year-over-year increase of 12% in its 2020 Q4 and full-year report released on Wednesday. The report by the pan African etailer showed that Gross Profit after Fulfillment Expense reached a record of €8.4m. According […]

PDP bigger than you, Fayose’s aide tells Makinde

PDP bigger than you, Fayose’s aide tells Makinde

Oyo State Governor, Seyi Makinde has been told to stop sucking like a baby and acting like he is over and above everyone in the People’s Democratic Party (PDP) while disrespecting those who stayed in the party between 2007 and 2017 when he was wandering from one political party to the other.

Anything goes!

Anything goes!

By Donu Kogbara MY Governor, Nyesom Wike of Rivers State, has – in his inimitable no-nonsense style – criticised the National Assembly for confirming hated former service chiefs as worthy of ambassadorial postings. I recently, on this page, accused them of allowing Nigeria to be overwhelmed by security challenges and said that they (ex-Chief of […]

Men in dark times

Men in dark times

THE Voice of Reason, VOR, Lecture Series are dedicated to the memory of the late Goke Omisore, businessman and scion of one of the great aristocratic families from Ile-Ife, Arole Olagoke Omisore was born on February 19, 1949. He passed away on October 7, 2018, age of 69. I never had the privilege of meeting […]