November 11, 2022

[GIST] Stashed money allegations false, Matawalle tells EFCC

[GIST] Stashed money allegations false, Matawalle tells EFCC

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The Zamfara State Governor, Bello Matawalle has petitioned the Economic and Financial Crimes Commission in response to allegations that he kept billions of naira in his Abuja residence. He described the allegations as false and unfounded and targeted at his reelection. In a petition by his counsel, Mike Ozekhome (SAN), said the petition was on


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[GIST] Rainoil’s facility to boost Nigeria’s gas utilisation – Group

[GIST] Rainoil’s facility to boost Nigeria’s gas utilisation – Group

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The African Refiners and Distributors Association has applauded Rainoil Limited for its gas facility located at Ijegun-Egba, Amuwo Odofin LGA, Lagos State. The association commended the company’s genuine move to boost domestic utilisation of Liquified Petroleum Gas in the country, noting that its facility would contribute positively to the Nigerian economy. The association gave the


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November 10, 2022

[GIST] Open letter to Fashola on Lagos-Ibadan Expressway

[GIST] Open letter to Fashola on Lagos-Ibadan Expressway

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Dear Minister, I hope this letter, hopefully not an irritant, meets you well. I also hope that your family is well, and that work is going smoothly. About work, I am thankful that the presidential campaign of your “great party” spared you from the rigours of electioneering. It is gratifying that the party has allowed


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[GIST] Propak, professionals to explore growth opportunities

[GIST] Propak, professionals to explore growth opportunities

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Organisers of Propak West Africa have said more than 5,000 professionals will gather to exploit growth opportunities when its conference begins in November. According to a statement by Afrocet Montgomery, organisers of the conference, attendees of Propak West Africa could expect to discover brand new technology, learn about exciting growth opportunities and benchmark themselves in


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[GIST] Plaudits for ‘goal-scoring machine’ Osimhen

[GIST] Plaudits for ‘goal-scoring machine’ Osimhen

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Former Super Eagles stars have praised Napoli striker Victor Osimhen after becoming Nigeria’s all-time top scorer in the Italian Serie A, PUNCH Sports Extra reports. Osimhen – who helped the Partenopei to a 2-0 win over Empoli on Tuesday – which extended Napoli’s lead at the top of the log to 10 points – is


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[GIST] 50 Cent to produce series on Hushpuppi

[GIST] 50 Cent to produce series on Hushpuppi

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Curtis James Jackson III, American rapper and producer popularly known as 50 Cent, has announced plans to release a movie series based on notorious Nigerian internet fraudster, Ramon Abass. Best known as Hushpuppi, Abass was arrested in Dubai, the United Arab Emirates in June 2020, for defrauding over 1.9 million people, majority of whom were


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[GIST] Rivers: Sowore declares Saro-Wiwa memorial open

[GIST] Rivers: Sowore declares Saro-Wiwa memorial open

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The presidential candidate of African Action Congress, Omoyele Sowore, declared open the 27th memorial event for late environmental rights activist, Ken Saro-Wiwa at his 24, Aggrey Street House in Port Harcourt on Wednesday, November 9, 2022, being the eve of the memorial. Organisers set up a street podium to celebrate the late activist who was


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November 9, 2022

[GIST] It hurts not to be champion – Joshua

[GIST] It hurts not to be champion – Joshua

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Former two-time heavyweight champion Anthony Joshua is still feeling the pain of his loss to Oleksandr Usyk in their title rematch when he failed to win back the WBO, WBA, IBO and IBF titles. Joshua has been out of action since his rematch with Usyk in August. Their first encounter nearly a year prior saw


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[GIST] Cartels plotting to replace Tramadol, says NDLEA

[GIST] Cartels plotting to replace Tramadol, says NDLEA

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The National Drug Law Enforcement Agency, on Tuesday, said it had uncovered plans by criminal elements to introduce a lethal synthetic opioid, fentanyl, to the markets. The drugs, according to the agency, were intended to replace the proscribed tramadol. In a statement by the Director, Media & Advocacy, Femi Babafemi, the drug was capable of


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[GIST] Half-payment: ASUU awaits court ruling

[GIST] Half-payment: ASUU awaits court ruling

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The Academic Staff Union of Universities has decided that it will not embark on another strike over its salary cut but instead engage in peaceful consultation. In a statement made available to The PUNCH on Tuesday after the National Executive Council meeting and signed by ASUU’s President, Prof. Emmanuel Osodeke, the union said it would


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[GIST] Lagos ministry, commissioner welcome new perm sec

[GIST] Lagos ministry, commissioner welcome new perm sec

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The Commissioner for Physical Planning and Urban Development, Tayo Bamgbose-Martins, on Tuesday, welcomed the ministry’s new Permanent Secretary, Oluwole Sotire. According to a statement on Tuesday, Bamgbose-Martins alongside the staff and management of the ministry welcomed Sotire in Alausa, Ikeja. Speaking at the welcoming, the commissioner said, “I have known Sotire to be thorough, hardworking


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[GIST] Contempt ruling paints Bawa in bad light — EFCC

[GIST] Contempt ruling paints Bawa in bad light — EFCC

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The Economic and Financial Crimes Commission has said it will set aside a committal order against its chairman, Abdulrasheed Bawa, by a court in Abuja. In a Tuesday night statement acquired by our correspondent, the anti-graft agency said it received with shock, report of the ruling by Justice Chizoba Oji of a High Court of


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November 8, 2022

[GIST] Apple appoints firm as distributor

[GIST] Apple appoints firm as distributor

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Apple Inc has appointed TD Africa as its first authorised indigenous distributor in Nigeria. According to TD Africa, Apple’s move is a demonstration of faith in Nigeria and in line with the firm’s focus on inclusion and diversity. In a statement, it said, “Apple is confident that the status of TD Africa as authorised distributors


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[GIST] FCMB MD seeks increased non-oil export

[GIST] FCMB MD seeks increased non-oil export

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The Managing Director, First City Monument Bank, Mrs Yemisi Edun, has said that deregulation of Nigeria’s economy into non-oil export will reduce the country’s vulnerability against external shocks. A statement said she spoke at a non-oil export trade seminar organised by FCMB, which was the fifth in its series, wiwth the theme, ‘Refocusing Nigeria’s economic


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[GIST] Ex-NEPC director advises exporters

[GIST] Ex-NEPC director advises exporters

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A retired Director of Nigeria Export Promotion Council, Matthew Iranloye, has called on exporters from the country to ensure they adhere to best practices that make their products meet demands of international market. According to him, many of the goods are often rejected due to their poor standard. He disclosed this at a one-day workshop


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[GIST] Europa: Xavi mulls Barca, Man United draw

[GIST] Europa: Xavi mulls Barca, Man United draw

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FC Barcelona’s manager Xavi says the club have been handed the toughest possible draw after being paired with Manchester United in the Europa League’s knockout round play-offs. Barca will compete in the Europa League after the turn of the year as a result of their failure to advance from a UEFA Champions League group containing


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[GIST] Still on the crises in Nigeria’s Supreme Court?

[GIST] Still on the crises in Nigeria’s Supreme Court?

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When he was appointed Justice of the Supreme Court of Nigeria in 1993, Yekini Olayiwola Adio had already been on the bench for 17 years. A graduate of the London School of Economics and Political Science (LSE), Adio became a lawyer in 1959, subsequently receiving his graduate degree in law in 1964 from the Yale


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November 7, 2022

[GIST] Oando Clean Energy attends UN climate conference

[GIST] Oando Clean Energy attends UN climate conference

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Oando Clean Energy Limited, the renewable energy subsidiary of Oando Plc, has said it is attending the 27th United Nations Climate Change Conference meeting currently holding in Egypt. As Africa’s largest economy and most populous nation, Nigeria is also actively participating in the COP27, with the Minister of Environment, Mohammed Abdullahi, among other Nigerian stakeholders


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[GIST] Umahi’s campaign ban unconstitutional – Ebonyi PDP, groups

[GIST] Umahi’s campaign ban unconstitutional – Ebonyi PDP, groups

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

A coalition of civil rights and political groups in Ebonyi State, on Sunday faulted Governor David Umahi’s Executive Order Number 3 of 2022 banning campaigns, demanding immediate abrogation. Umahi, had last week signed an executive order banning the use of primary school premises, market places and parks for campaigns by political parties ahead of the


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[GIST] NAICOM urges shareholders to demand insurers’ accountability

[GIST] NAICOM urges shareholders to demand insurers’ accountability

Punch Newspapers - Latest News https://bit.ly/3JsbvM2

The Commissioner for Insurance, Mr Sunday Thomas, has said it is important for shareholders to ask the management of the insurance companies questions on how their companies are being managed. Thomas spoke while responding to questions on fines paid by some insurance companies and those under receivership, during a seminar for journalists in Lagos. He


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