Business

NDLEA dismantles ₦480 billion forest drug lab in Ogun, arrests Mexican and Nigerian syndicate members

The National Drug Law Enforcement Agency has uncovered and dismantled a massive transnational methamphetamine production network operating from a clandestine forest laboratory in Ogun State, in what officials describe as one of the most significant anti-drug operations in recent times.. The agency said the operation led to the seizure of illicit drugs and precursor chemicals worth more than ₦480 billion, …

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NGX: Equity markets relapse as investors lose N1.6tr

Investors in the Nigerian equity market lost N1.6 trillion at the close of trading on Wednesday, and are in for another round of losses. This follows the fall in the prices of shares such as Bua Cement, Cap and E-Tranzact on the stock exchange floor. The benchmark All-Share Index (ASI) fell to 249,062.37 points from 251,635.42 points on the previous …

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Ihedioha, Arsenal’s EPL victory and the reward for belief and perseverance, by Ori Martins – THISAGE

Belief and perseverance have striking similarities. Once you are convinced of a particular struggle, you tenaciously develop a strong will for perseverance to enable you to remain steadfast and focused on your dream or aspiration. Global history is full of men and women who, through perseverance, succeeded in their core beliefs. Martin Luther’s perseverance and belief in freedom, fairness, justice, …

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Gunfire at APC headquarters in Lagos, members flee

Supporters of a Lagos State House of Assembly aspirant, Omoba Adedeon, have expressed confidence in his ability to provide quality representation if elected, citing his empowerment programs and contributions to community development. Supporters spoke during the party’s primary elections in the Kosofe constituency. One of the supporters, Olanrewaju Adepeso, said Adedeon continued to have a positive impact on the lives …

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CBN MPC keeps interest rate at 26.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Wednesday decided to maintain the Monetary Policy Interest Rate (MPR) at 26.5%. This is part of the decision taken at the 305th MPC meeting which was attended by 11 members. The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, who announced the decision at the …

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Innocent until proven guilty: Basketball should reject hate politics and smear campaigns

Post views: 33 By Akeem Busari The recent attempt by some politically motivated blogs and actors to sensationalise the alleged invitation and interrogation of the President of the Kogi State Basketball Association and founder of the Confluence Kings, Dr Mustapha Abdullahi, by the EFCC is unfortunate, irresponsible and clearly agenda driven. Beyond the obvious desperation to create controversy, what …

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Family and colleagues gather in Abeokuta for the eighth day Fidau prayer of the late labor leader Obabiyi

Family members, colleagues, union leaders and sympathizers on Monday gathered in Adigbe, Abeokuta, Ogun State, for the eighth day Fidau prayer held in honor of the late union president, Comrade Alhaji Basheer Ayobamiji Obabiyi. The prayer session, organized by the family of the deceased in collaboration with Islamic clergy, attracted a large turnout of relatives, friends and associates who gathered …

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Customs presents digital declaration platform for smooth airport customs clearance – THISAGE

By Ayo Kehinde The Nigeria Customs Service (NCS) has launched a new digital passenger declaration platform to reduce delays, improve transparency and enhance operations at Nigeria’s international airports. The platform, known as the Simplified Customs Advanced Declaration System (SCADS), was inaugurated at the international wing of the Nnamdi Azikiwe International Airport, Abuja, according to a statement issued on Tuesday by …

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MUSWEN seeks partnership with BOI on youth and women empowerment in the South West

The Muslim Ummah of South West Nigeria (MUSWEN) has called for a strategic partnership with the Bank of Industry (BoI) on youth and women empowerment in the sectors of agriculture, information and communications technology (ICT), education and health. MUSWEN President, Alhaji Rasaki Oladejo, made the appeal while leading a delegation to the Lagos office of the BoI. L-R: Prof. Wole …

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