Browsing: Business

Nigerian oil mogul, Abdulrahman Bashir, denies being jailed in the UK

Abdulrahman Bashir, the Chief Executive Officer of Rahamaniyya Oil and Gas Limited, has denied reports of being jailed in the United Kingdom.  Premiumtimes had on Wednesday, August 19, reported that Justice Butcher of England and Wales High Court had handed a 10-year sentence on the Nigerian oil mogul after he was found guilty of breaching multiple orders of the court…

Twitter, Netflix, Apple, Facebook, Microsoft and 47 other companies denounce Trump’s visa restrictions

Tech giants Apple, Facebook and Microsoft are among 52 major companies that have denounced Trump’s restrictions on employment-based visas. Back in June, Trump signed into law a series of new restrictions on visas that prevents foreign workers from coming into the United States, saying the high unemployment caused by the Coronavirus pandemic was an opportunity…

Dwayne ‘The Rock’ Johnson tops Forbes’ list of highest-paid actors for the second year in a row

Forbes has released its Highest-Paid Actors List for the year 2020, and Dwayne “The Rock” Johnson claimed the top spot for the second year in a row. The American actor and former wrestler made an estimated $87.5 million in 2020, after earning $89.4 million last year. Forbes pointed out that a large percentage of the 10 highest-paid actors made…

We are targeting electrification of five million households with solar power – Osinbajo

Vice President Yemi Osinbajo has reaffirmed the federal government’s commitment towards making the country better for Nigerians. Speaking at a Virtual Presidential Policy Dialogue Session organised by the Lagos Chamber of Commerce and Industry (LCCI), the Vice President said that while the Buhari-led administration is focusing on key areas like agriculture, housing, manufacturing, they will also expand to cultivation…

You concocted lies against me – Dauda Lawal replies Magu

Mr Dauda Lawal, a former executive director of First Bank of Nigeria Plc has reacted to suspended acting Chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu’s response to the allegations of corruption, abuse of office, insubordination made against him. Reacting to the former chairman’s defence to paragraph D(17) of the petition captioned “Relevant facts on…