Socio-Economic Rights and Accountability Project has urged the World Bank President, Mr David Malpass, to suspend any disbursement of the $800m loan to the Federal
Category: Business
Dangote Refinery challenges global narrative
It started like a grudge match. Africa’s richest man, Aliko Dangote, was dealt a bad hand in a failed transaction. Later, he vowed revenge. Not
Tenant beats up landlady for demanding electricity bill
The Lagos State Police Command has arraigned one Usman Hammed before a Chief Magistrates’ Court sitting in Ogudu for allegedly assaulting his landlady, Josephine Durodola,
How Tony Elumelu Betrayed Me – Otedola
Nigerian billionaire businessman, Femi Otedola, has opened up on his long-time business relationship with Tony Elumelu, Transcorp Plc Chairman, alleging that the founder of Tony
CBN to sanction banks backing unlicensed foreign firms
The Central Bank of Nigeria has said it will sanction banks assisting the operations of unlicensed foreign firms. It stated on Monday in its ‘Guidelines
HILTON HOTEL MANAGER ARRESTED FOR ALLEGEDLY SUCKING GUEST’S TOES IN TENNESSEE
A male guest staying at a Hilton Hotel in Tennessee had an unpleasant experience when he discovered the evening manager sucking on his toes. The
Borrowing: Businesses shun banks, opt for unconventional debts as interest rate nears 35%
Rising interest rates, devaluation, and inflation have continued to push businesses away from conventional loans, with six firms raising N364.1 billion from the debt capital
Tomatoes, palm oil prices soar in Enugu
Prices of some foodstuffs, particularly tomatoes, palm oil and cassava flakes, popularly known as garri, have continued to increase in Enugu’s major markets. NAN correspondent,
48-year-old Lagos landlord arraigned for beating female tenant
A 48-year-old Lagos landlord, Kehinde Davies, has been arraigned before an Ikeja Magistrates’ Court sitting in Ogba, for allegedly beating up his female tenant. Davies,
How suspected Ogun ritualist was buying human legs for N20,000
A 35-year-old suspected ritualist, Ifasoji Ayangbesan, has confessed that he bought a pair of fresh human legs at the rate of N20,000. Ayangbesan, who was
