Business

By Ayo Kehinde The Lagos division of the Court of Appeal has downloaded and absolutely a former general manager of the Agency for the Maritime Administration and Nigerian security (Nimasa), Patrick Akpolokemi, of alleged fraud of N754.8 million. On Friday, in a unanimous sentence, the Court of Appeal canceled the accusation of 12 counts presented against Akpolokemi by the Commission …

Hon Jonathan rejects the fears of Nigeria who slip into a party state Abuja (basic reporter) A member represents the Federal Electoral College Isoko and South of the Delta State at the Hon. Ukodhiko Jonathan, he fired the fears of some neighborhoods that Nigeria is slipping into a party state under President Bola Ahmed Tinubu. Hon Jonathan made it known …

Governor Chukwuma Soludo of the State of Anambra said that the administration of President Bola Tinubu saved the public finances of Nigeria from the edge of the collapse. In an address delivered on June 12 on the Nigeria platform, hosted by the shepherd Poju Oyade and the nation of the alliance, the Soludo Governor praised the economic reforms of President …

-After MDA amendment Steel giant, ArcelorMattal Liberia, promises to increase annual County Social Development Fund to $4 million for Liberia. By Kruah Thompson Monrovia, Liberia; June 13, 2025 –  Acting CEO and chief of operations at ArcelorMattal Liberia, Anthony P. Kocken, has promised to increase the Annual County Social Development Fund to $4 million after conclusion of the third Amendment …

Investors in the Nigerian equity market obtained N486 billion at the close of trade on Friday. This follows the surge in stock prices such as May & Baker PLC, Infinity Trust Mortgage Bank, and Living Trust Mortgage Bank, among others, on the trading floor. The Benchmark All-Share Index (ASI) increased to 115,429.54 points from 114,659.11 points recorded the previous day. …

The police commissioner of the State of Ogun, Cp Lere Ogunlowo, said that sporty dreadlocks, colored hair or tattoos does not make an individual a criminal, affirming with emphasis that no section of the Nigerian constitution criminalizes such appearances. Ogunlowo made it known during a special interactive session labeled “Time Out with Emewcasters”, organized by the Chapter of the Ogun …

By Ayo Kehinde The Federal Government has ordered an investigation into the altec between air peace and senator Adams Oshiomhole at Murtala Muhammed airport in Lagos on Wednesday. On Friday the Minister of Aviation and Aerospace Development, Festus Keyamo, revealed in a statement on X (previously Twitter) that he had been in direct contact with both sides since the accident …

The Nigerian Hulu Oil Regulatory Authority (NUPRC) said that on Friday the country’s oil production fell to 1,657,435 million barrels of oil per day (MBPD) in May. That figure dropped from 1,683,307 MBPD recorded in April. According to the latest NUPRC crude and condensate production data, crude oil contributed 1,452,941 in May down from 1,485,700 BPD in April. Also read: …

Còte D’Ivoire President receives a special envoy of President Tinubu on Weses Abidjan (basic reporter) The president Alassane Ouattara of the Côte d’Ivoire on Friday 13 June 2025, received the special envoy of President Bola Ahmed Tinubu on the economic summit of West Africa (Wes), his ambassador of the white excellence Odumegwu-Ojukwu at the presidential Palasso of Abidjan. This was …

Lass Fever is again increasing throughout Nigeria, with the Nigeria Center for Disease Control and Prevention (NCDC) which confirms a higher mortality rate and more infections despite the public health interventions. In his latest report on the situation for epidemiological week 22 (from 26 May to 1 June), Friday, the NCDC said that eight new confirmed cases were recorded in …