Arsenal to join Dangote Group soon, as Africa's richest man makes fresh acquisition bid

Arsenal one of the A-list premiership side in England, is to join the family of Dangote Group, the Nigerian conglomerate owned by the richest man in Africa, Aliko Dangote by next year, all things being equal. The versatile billionaire with diverse interest, whose current business escapade is the building of the...... read more


You'll get N4.5million for your N250million demolished property, Kano govt, insists, writes Sanusi

Kano State government, which is insisting that Emir of Kano Muhammadu Sanusi II, would not get more than N4.5million for his property demolished about two weeks ago, even though it is valued at N250,000, has made good the decision by asking the monarch to send his account details for the approved...... read more


Court orders detention of Emirate Airlines plane over $22million debt

A Federal High Court sitting in Lagos has ordered the detention in Lagos of an Airbus aircraft belonging to Emirates Airline over N8.1 million($22,103) judgment debt. The order was sequel to a motion filed by Dr Charles Mekwunye seeking for the enforcement of a Supreme Court judgment in a suit between...... read more


Air Peace to Joe Igbokwe: Even our chairman misses his flights without raising hell

Air Peace, one of Nigeria’s A-list airlines, has accused former spokesman of the All Progressives Congress (APC) in Lagos State, Mr. Joe Igbokwe of harbouring a sinister motive over his recent attacks on the airline. In a statement by the company, the management, said that Igbokwe, who had earlier accused it...... read more


Asking us to charge customers for phone services surprising – bank chiefs

The leadership of the Nigerian banking industry have expressed delight at the intervention of the National Communications Commission (NCC) announcing the immediate suspension of end-user billing for Unstructured Supplementary Service Data (USSD) services. We would like to thank the Federal Government of Nigeria for championing this action. In a statement on...... read more


Glorious song, as Zenith Bank stamps market dominance, leadership

Zenith Bank Plc has announced its unaudited results for the period ended 30 September 2019, with numbers that clearly demonstrates its market dominance and leadership. From the unaudited account which was presented to the Nigerian Stock Exchange (NSE), gross earnings increased by 4 per cent from N474,607 billion recorded in Q3...... read more


GOCOP goes into partnership with Communications Managers to promote credible online journalism

As part of the several activities lined up for its third annual conference holding on Friday, October 4, the Guild of Corporate Online Publishers (GOCOP) organised a pre-conference lunch and interactive session with leading lights in the marketing and communications sectors. Speaking at the event, the President of the Public Relations...... read more


Fire guts Amigo supermarket, Abuja prime shopping complex

Goods worth millions of Naira, were gutted by a mid-day fire on Tuesday, at Amigo Supermarket, one of the most prestigious shopping complexes in Abuja, Nigeria’s capital. Fire fighters were said to have battled for hours to put out the inferno, which was said to have started about 1.30pm at a...... read more


Jubilation, as Air Peace lands in Dubai *It’s a big boost to Nigeria – Obi

Former Governor of Anambra State, Peter Obi, has asked Nigerians to give full support to Air Peace, another Nigerian private airline which took leap into the international airspace on Thursday. Highly elated at the historic event, Obi, Vice Presidential candidate of the Peoples Democratic Party (PDP), commended the Chief Executive Officer...... read more


Forgery: Court orders arrest of Chukwuma, Innoson boss

The Federal High Court in Lagos on Monday issued a bench warrant for Innoson Nigeria Ltd Chairman Innocent Chukwuma and two others. Justice Ayokunle Faji made the order following an application by prosecuting counsel Julius Ajakaiye. The lawyer prayed the court to order Chukwuman’s arrest for failing to appear in court...... read more


BREAKING: Otedola dumps oil for power generation, disposes stakes in Forte Oil for N64.38billion

Femi Otedola, Nigeria's celebrated oil magnate, on Wednesday announced a major plunge into the power generation business of the Nigerian economy, in favour of the oil industry, where he has carved a niche for decades. Coming with this is his decision to quit from Forte Oil Plc by divesting his 75...... read more


Closure of AIT: It’s blatant illegality – SERAP *Says Nigeria’s democracy under threat

The Socio-Economic Rights and Accountability Project (SERAP), on Friday, joined in the condemnation of the closure of the operations of the African Independent Television (AIT) and Raypower FM, saying it constituted a threat to the nation’s democracy. The National Broadcasting Commission (NBC), had announced the suspension of the operating licence of...... read more


AIT closure: We're back to Abacha era, Nigerians react *Why we struck – NBC

Nigeria is back to the forgotten days of full dictatorship witnessed during the military era in the country, particularly those of Generals Sani Abacha and Ibrahim Babangida, when media houses were shut down by military fiat. This was the aggregationa of opinions, as Nigerians rose in outburst of anger and condemnation...... read more


Federal Government revokes Abiola's oil license, four others

Summit Oil is owned by the family of the late Chief Moshood Kashimawo Olawale (M.K.O.) Abiola is among the five oil wells, which licenses were revoked by the Department of Petroleum Resources (DPR) in one of the latest measures in the oil industry. The revocation of the five Oil Mining Licenses...... read more


Dokpesi: Presidency wants to kill AIT *Leads protest to NASS *The NBC connection

Nigeria’s first privately owned broadcast stations, African Independent Television and Ray Power FM, are about to pushed out of operation, founder of DAAR Communications, their parent body, Chief Raymond Dokpesi, said on Thursday. Dokpesi, who specifically fingered the Director General of the National Broadcasting Commission (NBC), Mr. Ishaq Modibbo Kawu, in...... read more


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