No diamond bra recovered from Diezani, it’s a creation of social media – Bawa

The executive chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, says there was no diamond bra recovered from former petroleum minister, Diezani Alison-Madueke. Recall that Diezani, who fled the county shortly before former President Goodluck Jonathan handed over to President Muhammadu Buhari in 2015, is alleged to have stolen $2.5 billion from […]

Continue Reading

NNPC concludes $1bn mega deal with Afrieximbank to boost oil output

The African Export-Import Bank (Afreximbank) has signed a $1.04 billion deal with the Nigerian National Petroleum Corporation (NNPC) to boost oil output.  The deal was signed at the ongoing Intra-African Trade Fair (IATF) in Durban, South Africa. The transaction comprises a pre-export/shipment finance facility underpinned by a forward sale agreement (FSA) and offtake contracts from the Nigerian National Petroleum […]

Continue Reading

Reunited P-Square up Davido’s 1m challenge, says ‘two Heads Are Better Than One’

Nigerian singers, Peter and Paul Okoye, have reunited after about five years of feud. The duo, popularly known as P-Square, shared an embrace on Wednesday after years of fighting and bad blood The brothers have been warming lots of hearts following their reconciliation, which came ahead of their 40th birthday. Taking to their Instagram page on […]

Continue Reading

Anambra Election: INEC explains why PVCs were distributed on election eve

The Independent National Electoral Commission (INEC) has explained why permanent voter cards (PVCs) were still being distributed the evening before the Anambra governorship election. Recall that on October 26, INEC announced that 81,778 new PVCs would be delivered to Anambra on October 28 for distribution ahead of the November 6 election. However, speaking on Friday in an […]

Continue Reading

Transcorp Delivers Robust Q3 Results, Record 671% PBT Growth

Nigeria’s leading and largest listed diversified conglomerate, Transnational Corporation of Nigeria Plc (Transcorp) has released its unaudited results for the third quarter ended September 30, 2021, indicating sustained growth in 2021 as seen in the first two quarters of year. With strategic investments in the Power, Hospitality, and Energy sectors, the conglomerate recorded a profit after tax of N13.5bn, rising by 671% up from N1.75bn recorded in the previous year. Other […]

Continue Reading