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President Tinubu to Observe Eid-el-Kabir in Lagos
Abuja, Nigeria — June 14, 2024 — President Bola Tinubu is set to depart Abuja for Lagos State on Friday ahead of the Eid-el-Kabir celebrations. The President will observe the festive occasion in Lagos, where he will also spend the Sallah holidays. In a statement released by the President’s office, it was confirmed that President…
Aliko Dangote Reveals Challenges Faced in Establishing Refinery
Lagos, Nigeria — June 13, 2024 — Africa’s wealthiest man, Aliko Dangote, has shed light on the formidable challenges he faced from powerful interests while establishing his $20 billion Dangote Refinery. Speaking candidly, Dangote compared the opposition from the oil sector to the notorious influence of drug cartels. “I didn’t know that the mafia in…
Heritage Bank Assets Up for Sale by NDIC
Abuja, Nigeria — June 13, 2024 — The Nigeria Deposit Insurance Corporation (NDIC) has announced the sale of the offices and assets of the defunct Heritage Bank. This sale includes vehicles, office equipment, and plant and machinery located nationwide. The NDIC, acting in its capacity as the liquidator of failed deposit money banks, has invited…