A Statement by the General Editor of First News, Mr Segun Olatunji on the lies published by the Defence Intelligence Agency (DIA) on April 29, 2024 on his March 15th abduction in Lagos by armed operatives of the security Agency. Gentlemen of the Press, My attention has just been drawn to a report published today by an obscure online website titled, “Online Publisher admits to false story against Gbajabiamila, seeks forgiveness… Segun Olatunji apologises and reveals contract to fabricate defamatory article.” It’s curious that the DIA has suddenly just found its voice through this obscure website to state its own…
Author: BusinessTodayNG
The Federal Bureau of Investigations (FBI) on April 2 took into custody Ifediora Oli, a dual citizen of Nigeria and the United States, for allegedly working with two individuals to defraud the District of Columbia’s public transportation system after had secured a Covid-19 test kit. contract worth over half a million dollars. Documents seen by the Peoples Gazette showed that Oli, 41, rushed to buy plane tickets for himself, his partner and his daughter to travel to Nigeria as soon as he learned he was under criminal investigation by the US government for his questionable dealings with a contract worth…
Driven by the need to educate, inform and enlighten various stakeholders, the pension industry has embarked on a radio program that seeks to shed light on various aspects of the pension industry in Nigeria. The Nigerian pension industry operates under a Contributory Pension Scheme (CPS) which started through the enactment of an act of parliament, 20 years ago and the scheme has grown tremendously over the years, but a number of people still don’t understand some aspects of this scheme. So, the pension industry has put together a series of interviews to shed more light on these issues. The interviews…
Spotlite Nation record label boss and globally recognised music minister Moses Bliss has gifted three of his signees brand new cars. The ‘Daddy-wey-dey-pamper’ crooner announced this in an Instagram post. The three signees are Godfrey Gad, Neeja and Son Music. Moses Bliss, who recently married his Ghanaian sweetheart Marie, had this time last year gifted three brand cars to his barber and two artistes signed under his record label, Spotlite Nation. The record label boss’ lawyer, Pelumi Olajengbesi, described the presentation of the 2024 gifts to the signees as an “overwhelming moment”. “The gospel music community is truly witnessing the…
In a heartwarming gesture, the Nigeria Customs Service (NCS) has reached out to the family of Susan Odulaja, one of the victims of the tragic stampede that occurred during the sale of 25kg bags of rice in Lagos on February 23, 2024. The Comptroller-General of Customs (CGC), Bashir Adeniyi, sent a delegation led by the Assistant Comptroller-General of Customs/Zonal Coordinator Zone “A,” Hammi Swomen, to visit the family in Jibowu, Lagos State, on Friday, April 26, 2024. During the visit, the Zonal Coordinator expressed the NCS’s deepest condolences to the family, stating, “We remember the unfortunate incident that led to…
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over the “failure to account for and explain the whereabouts of the alleged missing USD$2.04 billion and N164 billion oil revenues.” According to SERAP, the suit followed the allegations documented in the recently published 2020 audited report by the Auditor General of the Federation that the NNPC failed to remit the money into the Federation Account, saying that the money may have been diverted. The Deputy Director of SERAP, Kolawole Oluwadare, disclosed this in a statement which was made available to…
Following their arrests and prosecution by the National Drug Law Enforcement Agency (NDLEA), two notorious drug kingpins, Uwaezuoke Ikenna Christian and Agbo Chidike Prince, will now spend the rest of their lives in jail. The sentencing of the two drug kingpins was disclosed in a statement signed by the spokesperson of the NDLEA, Femi Babafemi, and made available to Channels Television on Sunday. He said that the journey of Uwaezuoke, a 43-year-old businessman to a lifetime in jail began when he was first arrested by NDLEA operatives on 19th March 2022 at the Nnamdi Azikiwe International Airport, Abuja during the inward…
However, a carton of that same size is presently sold for between N7,400 and N8,000. Also, a carton of the Super Pack was sold for between N17,800 and N18,700, and a cartoon of Hungry Man size was sold for between N16,800 and N17,500. Presently, a carton of the Super Pack is sold for between N12,000 and N13,000, while a carton of the Hungry Man size is sold for between N11,500 and N12,500. (NAN)
From left: National Chairman, Forum of Pension Desk Officers, Nze Peter Nze; Managing Director Sanlam Nigeria, Tunde Mimiko; Managing Director Motodols Consults/former Director General, Lagos State Pension Commission, Mrs. Folashade Onanuga; Managing Director Universal Insurance Plc, Benedict Ujoatuonu;Past President Chartered Insurance Institute of Nigeria (CIIN)/former Managing Director Sterlingb Assurance Limited, Fatai Lawal; Founder & Managing Director, ZER Consulting Africa, Adeolu Adewumi-Zer; Former Managing Director Sanlam Nigeria, Val Ojumah; Founder, Mutual Aid Specialists, Adetola Adegbayi; President Chartered Insurance Institute of Nigeria Edwin Igbiti and former Executive Director Unic Insurance, Tom Ogboi at the event. PRESS RELEASE –As surging inflation continued to…
President Bola Tinubu has approved the appointment of Mr. Jim Ovia, CFR, renowned banker and businessman, as the Chairman of the Board of the Nigerian Education Loan Fund (NELFUND). Mr. Ovia is the founder of one of Nigeria’s leading banks and a respected business leader, with a surfeit of efforts and benefaction towards nurturing and empowering young Nigerians. He is an alumnus of Harvard Business School and holds a Master’s in Business Administration from the University of Louisiana. The National Student Loan Programme is a pivotal intervention that seeks to guarantee sustainable higher education and functional skill development for all…