archiveOctober 23, 2023

  President Bola Tinubu has applied to intervene and subsequently oppose a motion that would have all his records—criminal or otherwise—released by top U.S. security agencies, including the Federal Bureau of Investigation (FBI) and Central Intelligence Agency (CIA). According to Peoples Gazette’s report monitored by Business247 News on Monday evening,...

  The Federal Executive Council (FEC) on Monday endorsed the formation of a $5 million annual trust fund dedicated to humanitarian and poverty alleviation initiatives  in the country. President Bola Tinubu chaired the weekly FEC meeting and communicated the approval to the cabinet members present at the State House. Betta...

  Photo caption L-R: President,West Africa Specialty Coffee Association (WASCA), Larry Segun-Lean, Exhibitor, Alhaji Abubakar Abdul; Oyo State Chairman, National Coffee & Tea Association of Nigeria, Alhaji Salihu Imam, National Vice President,  Nigerian Association of Small Scale Industrialists (NASSI), Segun Kuti-George; Vice President, Olufemi Omotoso and Executive Secretary, Tope Oluwaleye,...

Justice Ladiran Akintola of the Oyo State High Court, sitting in Ibadan has adjourned till November 4, 2023, commencement of trial in a case of alleged stealing preferred against Obakin Emmanuel Ajibola. Ajibola is standing trial on four -count charges bordering on stealing to the tune of N251, 685, 000...

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the federal budget cannot be sustained by the Ways and Means advances from the Central Bank of Nigeria. The Minister made this statement on Monday when speaking at the National Economic Summit in Abuja. He...

The Economic and Financial Crimes Commission (EFCC) has applauded the dismissal of the arbitrary $6.6billion judgment against Nigeria, won by the Process & Industry Development, P&ID Ltd, over a failed 2010 deal to develop a gas processing plant in the country. A United Kingdom, UK Judge, Robin Knowles of the...

  Oyo State governor, 'Seyi Makinde, on Monday, signed into law an Executive Order establishing the Ministry of Culture and Tourism and another one on the protection of mining communities in Oyo State against insecurity and exploitation. According to a press statement by Mr. Sulaimon Olanrewaju, Chief Press Secretary to...

A Federal High Court, Abuja, on Monday, postponed the hearing of a suit filed by former Minister of Petroleum Resources, Diezani Alison-Madueke, challenging the orders obtained by the Economic and Financial Crimes Commission (EFCC) for final forfeiture of her seized assets. The matter, which was scheduled on number 15 on...

President Bola Tinubu has applauded the judgment delivered by Judge Robin Knowles of the Business and Property Court in London, awarding a landmark victory to Nigeria over a firm known as Process & Industrial Development (P&ID) Limited. Business247 News reports that the court dismissed the $11.5 billion (USD) value of...

  The Chief of Army Staff, Lt.-Gen. Taoreed Lagbaja, has said that the Nigerian Army has acquired electronic warfare capabilities and is now taking advantage of the convergence of electronic and cyber warfare. Lagbaja said this on Monday in Abuja, at the opening of the Maiden Cyber Security Workshop of...