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Behold: Diezani’s $37.5m property in Ikoyi

This is the $37.5m Banana Island, Lagos property belonging to former petroleum resources minister, Mrs. Diezani Alison-Madueke, which a Federal High Court in Lagos ordered should be temporary forfeited to the Federal Government. The property has 24 apartments, 18 flats and six penthouses. It is located as Building 3, Block B, Bella Vista Plot 1, Zone N, Federal Government Layout, ... Read More »

Tunde Folawiyo & Partners at war over Lagos oilfield

Tunde Folawiyo, the GMD/CEO of Yinka Folawiyo Group is not happy with the sstate of progress at the Aje oil field following court cases iby some of its parrtners. Its subsidiary, Yinka Folawiyo Petroleum Company Limited, a wholly owned indigenous firm, is the operator of the OML 113. Other partners are New Age Exploration Nigeria Limited and PR Oil & ... Read More »

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 »

Amosun Pays N4.5bn Deductions to Ogun Workers

Ogun State Governor, Senator Ibikunle Amosun, has approved the total sum of N4.5 billion for the payment of cooperative deductions arrears to all categories of workers in the state.   This was disclosed on Tuesday in Abeokuta by the Honourable Commissioner for Finance, Mr. Wale Oshinowo.   Giving a breakdown of the payments, Oshinowo said N3.4 billion has been disbursed ... Read More »

Two in Police net over shooting of FRSC Officials

The Abia State Police Command has arrested and detained two security operatives involved in Saturday’s shooting of two officials of Federal Road Safety Corps in Aba. The spokesman of the command, Geofrey Ogbonna, made the announcement on Monday in Umuahia in a telephone interview with the News Agency of Nigeria. He, however, declined to disclose the identities of the operatives. ... Read More »

Lagos APC Topshot wants to kill me-Muiz Banire raises alarm

National Legal Adviser of the All Progressives Congress (APC) has alleged that his life is in danger and their is a planned kangaroo protest against  him today over his opposition to the imposition  of candidates that went on during the last party primaries. His statement reads ” Home » Politics » slider » APC NATONAL LEGAL ADVISER BANIRE RAISES ALARM ... Read More »

Female Suicide bomber kills 8 in Maiduguri Mosque

A female suicide bomber has killed eight people in Maiduguri, Borno State after she detonated her explosives at a mosque on Monday. The blast is said to have occured around 5:30am in the London Ciki area of Maiduguri. Ahmed Satomi, Head of Borno State Emergency Management Agency said the female bomber killed eight people and injured 15 others, as the ... Read More »

Health Minister hammers more NHIS Topshots

Just a few weeks after suspending the Executive Secretary,Prof. Usman Yusuf,  Minister of Health, Prof. Isaac Adewole, has suspended more top shots of the National Health Insurance Scheme. The newly-suspended officials include: Olufemi Akingbade, the General Manger, Zonal Coordinator South South Zone; John Okon, General Manger, Finance Account; Yusuf Fatika, the General Manger, Human Resources and Administration; and Shehu Adamu, ... Read More »

Dino: A’Ibom Governor blasts Governor Bello over unguarded statement

We have read with amusement the statement credited to  the Kogi State Governor, Yahaya Bello and signed by his Director-General, Media and Publicity- Kingsley  Fanwo where the Governor took issues with the description of Dino Melaye, the Distinguished Senator representing Kogi West Senatorial District as a “General” in the Senate by the Governor of Akwa Ibom State, His Excellency, Mr. ... Read More »