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Daily Archives: July 19, 2017

Court orders forfeiture of Diezani’s $37.5m Banana Island Property, cash

The Federal High Court in Lagos on Wednesday ordered the temporary forfeiture of a property at Banana Island, Lagos, reportedly bought for $37.5m in 2013 by a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke. The property, designated as Building 3, Block B, Bella Vista Plot 1, Zone N, Federal Government Layout, Banana Island Foreshore Estate, has 24 apartments, 18 ... Read More »

Tanker drivers set fire on Sterling & Diamond Banks in Apapa

Tanker drivers on Wednesday morning went on rampage at Apapa, Lagos, and set ablaze two commercial banks – Sterling and Diamond. The tanker drivers were protesting the killing of their colleague by a mobile policeman. It was gathered that the policeman, attached to one of the banks, had accosted and shot dead the driver for indiscriminate parking and blockade of ... Read More »