Friday, April 18, 2025

 

Economy

EFCC Arraigns Man for Non-declaration of £8,020, $704 at Airport

The Economic and Financial Crimes Commission, EFCC, has arraigned one Agudosi Christopher Okechukwu for alleged non- declaration of the sums of £8,020 (Eight Thousand and Twenty Pounds Sterling) and $704 ( Seven Hundred and Four United States...

US Criticises Nigeria’s Import Ban On Agricultural, Pharmaceutical Goods …… F G Allays Fears Over 14 Percent Trump Trade Tariff

The United States Trade Representative on Monday, criticised Nigeria’s import ban on 25 categories of goods, claiming that the restrictions limit market access for American exporters. This came shortly after President Donald Trump introduced tariffs on goods entering the US,...

P-CNGi, LNG Arete Ltd. sign $27.3 million agreement to boost CNG infrastructure in Northern Nigeria

The Presidential Compressed Natural Gas Initiative (P-CNGi) and LNG Arete Ltd. have signed a Memorandum of Understanding (MoU) for a $27.3 million gas plant project aimed at expanding Compressed Natural Gas (CNG) infrastructure across Northern Nigeria. This collaboration, signed...

FG Unveils Strategies To Boost Cocoa Production

The Federal Government said on Thursday that it has mapped out strategies to revitalise and enhance the production of cocoa in all areas of its value chain. It said it took the step following a decline in the cocoa production...

ECOWAS To Meet Over Tariff Imposed By Niger, B’Faso, Mali

The Economic Community of West African States is set to hold a meeting later this month to address the 0.5 per cent import levy recently imposed by the Alliance of Sahel States on goods from ECOWAS member nations. The Head...

Dassault Aviation Plans MRO Facility at Gateway International Airport

L-R: Florent Venturini, Dassault Aviation Sales Director; Isabelle Villet, Sales Manager and the Ogun State Governor, Prince Dapo Abiodun, during a recent visit to the Oke-Mosan office of the governor to discuss plans by Dassault to establish Maintenance, Repair...

Court Fixes April 15 For Hearing of Eco Bank’s Suit Against Otudeko’s Son, 8 Others Over 6.3bn Shares

Otudeko Obafemi Adedamola Justice Deinde Dipeolu of a Federal High Court, Lagos, has fixed April 15, for hearing of the suit filed by Eco Bank Plc against Otudeko Obafemi Adedamola, a son to Oba Otudeko, and eight others, over 6,...

US-Bound Nigerian Traveller Bagged 3 Months Imprisonment, Forfeits Undeclared $20,000 To FG,

The Federal High Court sitting in Lagos on Wednesday forfeited to the Federal Government the sum of $20,000 confiscated by the Nigerian Customs Service (NCS) from a United States of America-bound Nigerian traveller, Olusola Okunfulure. Okunfulure was arrested by NCS...

Firm Donates 5-Megawatt Electricity Project To Ondo

In a move aimed at ensuring stable electric power supply in Ondo State, an energy firm, Lincs Power Energy Solutions, in partnership with the state government, has donated a 5-megawatt power project to Ondo town. It was gathered that...

Court Sentences Man To 3 Years Imprisonment For Importing 68.30 Kg Cannabis Sativa

Justice Ambrose Lewis- Alagoa of the Federal High Court, Lagos today sentence a drug trafficker Adekunle Taoheed Adeyemi to three years imprisonment for unlawful importation of 68.30 kilogrammes of Canadian Sativa. The judge while imposing the sentence also ordered the...
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Latest News

Lagos Businessman Jailed For Rejecting Naira As Payment For $5700 Bracelet

A Lagos based businessman identified as Uzondu Precious Chimaobi has been sentenced to four years imprisonment for his refusal...
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Only 200 South East Youths Registered For Army Recruitment – Official

The Leader, Army Force Headquarters Recruitment Sensitisation Team, Anambra, Brig.-Gen. Chima Ekeator, says only 200 youths from the South-East have registered for the ongoing...

Ponzi Scheme: Court Seizes N6.6bn Livingtrust Shares, N42.4m Linked To Cititrust

Justice F. N. Ogazi of the Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of 2,041,087,747 units of shares in...

NAN Editor, Aregbesola Loses Wife

Late Mrs Wumi Aregbesola Mr Isaac Aregbesola, a senior editor with the News Agency of Nigeria (NAN), has announced the death of his wife,...

Court Sentence ASPAMDA Trader, Okeke Igwe To 7 Years Imprisonment For Trafficking 1.10kg Of Cocaine.

Justice Daniel Osiagor of the Federal High Court, Lagos yesterday convicted and sentence a drug trafficker Okeke Ebuka Igwe to seven years...