Justice Ambrose Lewis-Allagoa of the Federal High Court in Lagos has sentenced Otuorimuno Aziakpono. Identified as a fake brewer, to 40 years in prison for producing Counterfeit Alcohol Production of wines and spirits. Similarly, trader Ikegwuonu Ikechukwu received the same sentence for selling fake alcoholic beverages. The convictions came after both individuals pleaded guilty to…
President of the Dangote Group, Aliko Dangote, has announced ambitious plans. To expand the conglomerate’s footprint into steel production, electricity generation, and port development. Marking a major step in his long-term vision to fast-track industrialisation across Africa. Deepening Industrial Integration The proposed move into steel production is expected to complement the group’s existing investments in…
Sean ‘Diddy’ Combs set for an earlier prison release. The 56-year-old music mogul, who was originally schedule to be release on June 4, 2028. Will now walk free on April 25, 2028, according to Page Six. This update comes as Combs continues to fight his four-year sentence, which stems from charges of sex trafficking and racketeering….
Nollywood star Foluke Daramola has spoken out about the recent fraud allegations surrounding Agbala Gabriel. Two ailing individuals recently accused Gabriel of collecting donations on their behalf but failing to hand over the funds. He’s also been accused of misusing money raised by fans and actors for other sick people in need. Foluke Daramola got…
Ahmadu Umaru Fintiri, the governor of Adamawa state, says no northerner should contest the presidency in 2027, insisting it remains the turn of the south to complete its tenure. Fintiri spoke on Tuesday during an interview on Sunrise Daily, a morning programme on Channels Television. He said the stability of the country should take priority…
Abdulsamad Rabiu Set to Earn N324bn Dividend as BUA Cement Posts Record Profits Nigerian billionaire industrialist Abdulsamad Rabiu is poised to receive nearly N324.38 billion in dividends. Rollowing record-breaking profits declared by BUA Cement, reinforcing his position as one of Africa’s most influential business figures. According to corporate filings, Rabiu will receive N189.75 billion directly…
Cardi B seemed to throw shade at her ex during a heated moment on stage in San Francisco. While she had previously defended Stefon Diggs from critics, it’s clear that tensions between the two are still running high. During her “Little Miss Drama Tour,” the rapper paused her performance to vent about a former partner….
Nigeria’s Dangote Refinery has increased the gantry price of Premium Motor Spirit (PMS) by N100, raising the ex-depot price from N774 to N874 per litre. This adjustment expected to lead to nationwide changes in fuel prices. A senior official at the Dangote Refinery confirmed the price hike, citing rising global crude oil prices and higher…
Nigeria’s private sector showed signs of recovery in February as the Stanbic IBTC Bank Purchasing Managers’ Index (PMI) rose to 53.2, up from 49.7 in January. This increase signals an improvement in business conditions after a brief contraction at the start of the year. The latest PMI reading, released on Monday, highlights a solid monthly…
The federal government will release N48 billion to 12 federal universities to upgrade engineering and technology facilities across the country. Tunji Alausa, minister of education, announced this in a statement on Tuesday. According to him, the government is executing the intervention under the Ministerial Monitoring, Evaluation and Implementation Committee for the TETFund Special High Impact…
