Ibrahim Farinloye, the acting coordinator of the National Emergency Management Agency (NEMA) has confirmed a massive gas leakage around Computer Village, Awolowo Rd, Oba Akran, Medical Road, Anifowoshe, Ikeja, Lagos State.   Farinloye who called in on a live TV program on Wednesday morning informed residents of the development and the need to stay safe and avoid the affected area. ...

Facebook has changed its name to Meta in a major rebrand as the social media giant continues to face an unprecedented scrutiny over its business practices.   The company said the new name would better “encompass” what it does now. The firm has made clear its future goal to create an online world, called Metaverse, where people can work, game and ...

Members of the Senate Committee on Health, on Tuesday, knocked the federal government over the plan to borrow $200 million for procurement of mosquito nets and malaria medicines.   The Permanent Secretary, Ministry of Health, Mammam Mahmuda, had, in his presentation before the committee during budget defence session, said the loan had become necessary due to high rate of under ...

FBN Holdings Plc, on Friday, denied claims by online media that the Nigerian business mogul, Femi Otedola has acquired majority stake in the bank. In a statement signed by the company secretary, Seye Kosoko obtained from Nigerian Exchange Limited (NGX), the bank is yet to receive any notification from the individual mentioned on such acquisition. FBN Holdings insisted it operates ...

The Managing Director of Unity Bank Plc, Mrs. Tomi Somefun has called for increased investment in girl-child education in Nigeria to bridge the gender gap and reduce inequality. Somefun who made the remark in her message on this year’s International Women’s Day said every effort to reduce inequality must be rooted in the education of the girl- child, adding that ...

Peter Obi, a former governor of Anambra State, has been summoned for questioning by the Economic and Financial Crimes Commission (EFCC) over alleged illegal offshore activities reported in the Pandora Papers series. According to a report by Premium Times, the EFCC communicated the invitation to Mr Obi during the week and he has been asked to report at the agency’s Abuja ...

The federal government has declared Tuesday, October 19th, 2021, as public holiday to mark this year’s Eid-ul-Mawlid celebration in commemoration of the birth of the Holy Prophet Muhammad. Minister of Interior, Ogbeni Rauf Aregbesola, in a statement on Friday, congratulated all Muslim faithful both at home and in the diaspora for witnessing this year’s occasion. He admonished all Nigerians to ...

A Lagos Special Offences Court, Ikeja has issued a bench warrant against the Chairman of Amni Petroleum Limited, who is to testify as a defence witness in a criminal case involving an ex-banker, Chukwuemeka Ekwunife, accused of N168.5m theft. Ekwunife, who is currently standing trial, was arraigned by the Economic and Financial Crimes Commission, EFCC, for allegedly stealing the sum of ...

The Economic Financial Crimes Commission (EFCC) led by Abdulrasheed Bawa, plans to spend N920,921,105 on traning and transportation of its operatives to different locations within and outside the country in 2022.   This is part of EFCC’s budget contained in the 2022 Appropriation Bill submitted by President Muhammadu Buhari to the National Assembly last week. A copy of the bill, ...

A former banker with First City Monument Bank (FCMB) Seun Awosanya and an auto spare parts dealer, Amechi Osita, were today, re-arraigned before a Lagos Federal High Court, by the Police’s Special Fraud Unit (PSFU), on charges bordering on fraud and stealing of the sum of N66, 450, 000 million. The former banker with FCMB and the spare parts dealers’ ...