Chairman of Global Fleet Group, Jimoh Ibrahim has lost an appeal challenging seizure of his 12 assets and freezing of all his accounts by the Asset Management Corporation of Nigeria (AMCON). Prior to the recent ruling, Justice Rilwan Aikawa of the Federal High Court, Lagos had issued an order authorizing AMCON to take over Ibrahim’s assets over an alleged N69.4billion…
Singer Skiibii has taken to Instagram to cry out over the electricity bill he was given. The bill from Eko Electricity Distribution Company was over a million and the singer disclosed that he doesn’t stay in his house all the time to get such. Skiibii wrote; How much is transformer sef if…
A lotto operator identified simply as Seyi has reportedly committed suicide by setting himself ablaze. The deceased who runs a gambling house in Ikire, Osun State, reportedly locked himself up in his gambling kiosk and set himself on fire. He was badly burnt before he could get help and it is suspected he carried out the…
The Nigerian senate has said that the aviation ministry is not being realistic with its proposal of a national carrier. Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani said this at the committee’s retreat in Niger state on Wednesday December 1. Sani also accused the Aviation Ministry of frustrating the efforts of…
Virgil Abloh, the artistic director for Louis Vuitton and the founder of Off-White, has died after battling cancer privately for years. The statement posted on Twitter reads: “LVMH, Louis Vuitton and Off White are devastated to announce the passing of Virgil Abloh, on Sunday, November 28th, of cancer, which he had been battling privately for…
The Naira fell to 555 per Dollar at the parallel market on Monday, Nov. 22. The Nigerian currency had recently fallen to 575 per dollar but it peaked last week at 530 per dollar. However, on Monday, it fell again, sliding to 550 Naira per dollar in the parallel market as demand for dollars…
The Federal government is set to lose N90 million as the Nigerian Railway workers begin a three-day warning strike today November 18. The workers began the strike action today November 18. They are demanding among other things better welfare of staff, enhanced salary, better working environment, payment of their promotional arrears, demolition of their staff…
The Minister of Agriculture and Rural Development, Mohammed Abubakar, says the Federal government is doing everything possible to bring up stimulus that will crash food prices.? ? The Minister of Agriculture and Rural Development, Mohammed Abubakar, said this in Abuja during a familiarization tour of the Agricultural Research Council of Nigeria on Monday, November 15. He…
A pastor of the Redeemed Christian Church of God, Ola Ogunfuwa, and 22 of his workers are said to be trapped under the debris from the Ikoyi 21-storey building that collapsed on Monday, November 1. Punch reports that Ogunfuwa who is in charge of the Living Water Parish in Ibafo, Ogun State, was said…
The world’s richest man, Elon Musk has promised to sell stocks of his company Tesla and contribute $6b to the United Nations if the body can prove that the money will end world hunger. Last week, the director of the United Nation’s World Food Programme said if the world’s top billionaires just donated a fraction…
