Tag Archives: Chairman

BREAKING: N541 Billion Debt: Access Bank, Others Take Over Etisalat Nigeria

A consortium of banks, led by Access Bank PLC and other Nigerian and foreign banks, has taken over the management of Etisalat Nigeria, effective June 15. The takeover followed the collapse of the effort by Emerging Markets Telecommunications Services, EMTS,

N175m Debt: Pharma-Deko Plc Seeks Committal to Imprison Guinness Chairman, CEO

Pharma-Deko Plc, on Tuesday, informed a Federal High Court, Lagos, that it has filed an application seeking to commit to Prison two management staff of Guinness Nigeria Plc, for violating the law as stipulated under the Company And Alied Matter

UNILAG Rusticates Visually-impaired Student, Others For Involvement In Peaceful Protest Against Poor Hostel Condition

Authorities of the University of Lagos (UNILAG) have continued to issue rustication letters to students, who participated in peaceful demonstrations in September, 2015. The action of the university authorities is an extension of the policy of victimization of the students,

Senate Uncovers Alleged N10 trillion Fraud In NNPC

The Nigeria Senate has uncovered an alleged fraud of N10 trillion by staff of Nigerian National Petroleum Corporation (NNPC) in connivance with officials of some independent marketers and other key players in the petroleum sector between 2006 and 2016. Against

Ogun State Govt. Signs Agreement With 4 Firms to Build Second Largest Refinery in Sub-Saharan Africa

The Ogun State Government has signed agreement with a consortium of four private firms to build a refinery, proposed to be the second largest in Sub-Saharan Africa. The agreement also included the building of the largest petroleum product depot in

Ex-Council Chairman, four others Arrested for Stealing Diesel from Public Generator

A former Vice Chairman of Abakaliki Local Government Area, John Nwofoke, and four others were on Sunday arrested by the police for allegedly stealing diesel. The five men were accused of draining over 450 litres of diesel from a sound