Posted in Naija News

Court stops NAFDAC from releasing suspected dangerous chemical

A Federal High Court sitting in Lagos on Monday restrained the National Agency for Food and Drug Administration and Control (NAFDAC) and eight others from…

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Posted in Foreign hub

Jumia suspends business in Cameroon

Online retailer Jumia Technologies, often called “the Amazon of Africa”, said it suspended its e-commerce platform activities in Cameroon on Monday because it is not…

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Posted in Naija News

How jailed fraudster masterminded $1 million internet scam from prison

The Economic and Financial Crimes Commission, EFCC, has uncovered how a jailed fraudster masterminded an internet scam worth $1 million from prison. The suspected fraudster…

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Posted in NAIJA BIZ

GenCos to shut down over NBET’s administrative charge

Power Generating Companies (GenCos) have agreed to shut down power production and supply over Nigerian Bulk Electricity Trading Company’s (NBET) proposed 0.75% administrative charge and a…

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Posted in NAIJA BIZ

Finance Bill: Public hearing to hold tomorrow despite dissenting voices

Despite the negative reactions trailing the passage of the Finance Bill, the National Assembly is bent on holding a joint public hearing on the bill tomorrow….

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Posted in NAIJA BIZ

Enyimba Economic City to create 600,000 jobs after completion

A whooping sum of $430 million has been secured by Abia State Governor, Dr Okezie Ikpeazu for the development of the first phase of Enyimba Economic…

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Posted in NAIJA BIZ

Curbing the menace of smuggling of petroleum products

Latest data released by the National Bureau of Statistics (NBS) showed that importation of Premium Motor Spirit (locally referred to as petrol) declined by 11% to 1.46…

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Posted in NAIJA BIZ

Belgium’s AB InBev to invest N123 billion in International Breweries

Nigeria’s International Breweries will secure about N123 billion investment from Belgian company, AB InBev (Anheuser-Busch InBev). AB InBev, the world’s largest brewer is looking to expand its…

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Posted in NAIJA BIZ

Nigeria’s inflation rose to 11.61% in October 2019, highest in 17 months

Nigeria’s consumer price index, which measures inflation rose to 11.61% its highest in 17 months, as core inflation drops marginally in October 2019. This was disclosed in…

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Posted in NAIJA BIZ

Medview bounces back after arrangement with NCAA

Medview Airlines has disclosed its rebranding strategy as it plans to purchase four new aircraft before the end of this year, according to The Nation. The company made…

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Posted in NAIJA BIZ

Air Peace signs deal with Brazillian aerospace company

Air Peace has signed a deal with Embraer, a Brazilian aerospace conglomerate, the third-largest producer of aircraft in the world. According to Punch, the deal entails Embraer confirming…

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Posted in NAIJA BIZ

Aiteo cries out as vandals continue to destroy its pipelines

Aiteo Group, one of Nigeria’s biggest indigenous players in the upstream oil and gas industry, has lamented over the continued destruction of its infrastructure by…

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Posted in NAIJA BIZ

Seyi Tinubu acquires Sim Shagaya’s advertising company, E-Motion

Seyi Tinubu has acquired advertising company, E-Motion Advertising, founded by Sim Shagaya. Tinubu, an industry player in outdoor advertising, acquired E-Motion through his company, Loatsad Promomedia Limited.  The acquisition…

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Posted in Naija News

Bayelsa Governor-elect, David Lyon speaks on his victory, unveil plans for opposition

The Bayelsa State Governor-elect, David Lyon, has urged his rivals to team up with him to form an all-inclusive government upon assumption of office. Lyon,…

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Posted in Naija News

Governor Bello insists Kogi people voted for him, thanks them

Governor Yahaya Bello of Kogi State has thanked the people of Kogi State for voting for him at the just concluded Saturday’s Governorship election, describing…

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Posted in Entertainment

Tonto Dikeh finally breaks silence on being arrested & deported from Dubai

Yesterday, reports went viral that actress Tonto Dikeh was allegedly involved in a fight in Dubai and was arrested and deported following the incident. According…

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Posted in Entertainment

Peter Okoye and wife, Lola, celebrate 6th wedding anniversary

Singer, Peter Okoye and his wife, Lola Omotayo, are celebrating their 6th wedding anniversary today November 17th, 2019. The couple got married in 2013 and…

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Posted in Entertainment

He is on his way to London to support Mayorkun – Soso Soberekon debunks claims of Davido being arrested in Dubai

Soso Soberekon who was one of the Nigerians that turned up for the One Africa Music Fest in Dubai has debunked claims of Davido getting…

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Posted in Entertainment

I don’t date poor men

Actress, Ella Mensah has made a it clear that she’s put on this earth to enjoy life, and so, she just can’t settle for ‘Poor…

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Posted in Entertainment

Actress, Damilola Adegbite shares photo of her car with the message ‘I hate you’ scribbled on it by an unknown person

Nollywood actress, Damilola Adegbite has made a statement addressing her haters after an unscrupulous element mysteriously left a spiteful message on her car. The unknown…

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