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BUA Foods receives approval to list on the NGX

BUA Foods receives approval to list on the NGX

BUA Foods Plc (“BUA Foods” or the “Company”) is pleased to announce that it has received approval to list on the Main Board of The Nigerian Exchange (“NGX”). BUA Foods has satisfied the listing requirements of The Exchange and obtained relevant regulatory approvals, as a result, BUA Foods is now listed in the consumer goods […]

EFCC Secures 2220 Convictions in 2021

EFCC Secures 2220 Convictions in 2021

The Economic and Financial Crimes Commission, EFCC, secured a total of 2220 (Two Thousand Two Hundred and Twenty) convictions across all its Commands in 2021.

2022: TEF opens applications to grant $5000, training for entrepreneurs in 54 countries

2022: TEF opens applications to grant $5000, training for entrepreneurs in 54 countries

By Cynthia Alo The Tony Elumelu Foundation (TEF), has opened applications for the 2022 TEF entrepreneurship programme for young African entrepreneurs across all 54 African countries. In a statement, the foundation said the programme which is for African start-ups with business ideas or existing businesses under 5 years will provide the qualified entrepreneurs with a seed […]

SEC warns public against financial dealings with FinAfrica, Poyoyo

SEC warns public against financial dealings with FinAfrica, Poyoyo

By Peter Egwuatu The Securities and  Exchange Commission (SEC) has warned the public against dealings with FinAfrica Investment Ltd. and Poyoyo Investment. In a circular, SEC said the activities of the companies were not registered by it, describing the business of Poyoyo Investment (Pilvest) Nigeria Ltd., as a Ponzi scheme, where returns were paid from […]

Veteran actress, Iyabo Oko pronounced alive after hours of rumoured death

Veteran actress, Iyabo Oko pronounced alive after hours of rumoured death

By Ayo Onikoyi Contrary to widespread news that popular Nollywood actress, Sidikat Odukanwi, popularly known as Iyabo Oko is dead, it is now confirmed that she is still alive. This is as the actress, who was previously announced dead, came back alive three hours after. Her daughter, Bisi Aisha, gave the updates on Instagram. Bisi […]

Senate digs into $679m unremitted revenue from ports concession

Senate digs into $679m unremitted revenue from ports concession

By Henry Umoru ABUJA — THE Senate has uncovered how the   Bureau of Public Enterprise (BPE) failed to remit $679.4 million realized from the concession of various ports to 23 companies. The Senate Committee on Public Accounts is carrying out the probe sequel to the Auditor General for the Federation report which  the Committee is  considering. […]

FG’s deficit spending rises 33% to over N7trn in 11 months

FG’s deficit spending rises 33% to over N7trn in 11 months

By Emma Ujah & Babajide Komolafe The Federal Government,  FG, recorded a budget deficit of N7. 052 trillion in the eleven months ending November last year (11M-21), representing 33 per cent increase when compared with the N5.32 trillion recorded in the corresponding period of 2020 (11M-2020). The deficit recorded represents 9.2 per cent above the N6.449 […]

Audit Report: 12 MDAs fail to remit N5bn taxes

Audit Report: 12 MDAs fail to remit N5bn taxes

The Office of the Auditor-General for the Federation, OAuGF, has disclosed that about 12 Ministries, Departments and Agencies of government, MDAs, failed to remit N5 billion worth of taxes.

Security operatives burst illegal gold mining operation in Abuja

Security operatives burst illegal gold mining operation in Abuja

Security operatives including men of Federal Capital Territory, FCT, Police Command have stormed criminal hideouts in border towns between Abuja and neighbouring states and arrested 21 suspects including Chinese nationals and a community leader, as they stepped up efforts at checkmating the activities of criminals especially kidnappers, bandits among others.

3 die, 17 injured in Ogun lone accident

3 die, 17 injured in Ogun lone accident

Three persons were yesterday confirmed dead, while 17 others sustained varying degrees of injuries in a lone accident along Lagos-Ibadan Expressway.