The Presidency has disclosed that the Highway Development Management Initiative, which is a scheme by the Federal Government to concession roads will launch a procurement portal on March 29th, 2021 to ensure competitiveness and to guarantee transparency. The Presidency disclosed this in a statement on Wednesday, stating that the HDMI ...
Read More »N276.07bn Profit: Dangote Cement incur N97bn Tax in 2020
Dangote Cement, one of Nigeria’s largest indigenous companies and the largest by market capitalization incurred a company income tax of N97 billion for the financial year ended December 2020. This s according to the information contained in its full-year audited financial statements for the period under review. ...
Read More »Tesla Boss, Elon Musk Lose $8bn just this Week
Tesla boss, Elon Musk, the second richest man on the planet lost $8bn from his net worth this week. According to Forbes, Elon Musk is currently worth $162.4 billion and is still the richest man. Musk’s net worth is highly intertwined with his shares in his Tesla company. ...
Read More »CBN Naira4Dollar: Nigerians in Diaspora Made N200million from 1 Week Remittance
The Central Bank of Nigeria’s Naira4Dollar scheme may have attracted about $40 million in foreign remittances in one week, according to a reliable source with knowledge of the scheme. Sources informs that the scheme had performed a lot more than expected as remittances via commercial banks have ...
Read More »Luckybet Launches Mobile App, Promises More Juicy Odds for Users
In a bid to provide the finest betting experience for millions of Nigerians, leading gaming and entertainment company, Luckybet, has launched a new mobile app. Announcing the new app on Monday, Marketing Manager, Anthony Onyemauwa, disclosed that the app is designed to introduce users to the broadest range of offerings ...
Read More »Men are also being Harassed Sexually – US Envoy
The First Secretary of the United States of America Embassy in Nigeria, Madison Conoley, has said the male gender should also be considered as victims of sexual harassment while finding a solution to the scourge. He stated this on Tuesday at Bowen University, Iwo, Osun State, during ...
Read More »FG begins process for concession of 12 highways
The Federal Government on Tuesday issued a notice for the commencement of the procurement process for the 12 federal highways mapped for concession under the Highway Development Management Initiative. Minister of Works and Housing, Babatunde Fashola, issued the notice in Abuja and unveiled the portal that was ...
Read More »Traditionalists Warns Kwara Govt, House of Rep over Hijab
The global head of Ifa priests, otherwise called the Araba Agbaye, Chief Owolabi Aworeni, on Tuesday cautioned the Kwara State Governor, Abdualrahman Abdulrazaq, against actions that might incite violence in the state. Also, Aworeni urged the House of Representatives to halt a bill which sought to institutionalise the ...
Read More »NDLEA intercepts parcels of cocaine, heroin going to UK, Ireland, Australia
The National Drug Law Enforcement Agency, NDLEA, has intercepted well-concealed and unaccompanied parcels of cocaine, heroin, methamphetamine and cannabis sativa being shipped to the United Kingdom, Northern Ireland, Australia, Maldives and New Zealand. A statement signed by the agency’s Director, Media & Advocacy, Femi Babafemi and made available to NAOSRE ...
Read More »Heritage Bank joins in World Water Day with installation of borehole
Heritage Bank Plc has joined the rest of the globe to celebrate the World Water Day 2021 with plans to assist a community in dire need of clean water by installing a bore hole. The theme for this year’s WWD 2021 is “Valuing Water,” which focuses on the importance of ...
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