Lagos Begins Public Display of Sex Offenders

By Modupe Gbadeyanka On October 1, 2023, food enthusiasts and stakeholders will gather at the Tafawa Balewa Square, Lagos to have a taste of Nigerian cuisine at an event organised by 3X4 Foods, a subsidiary of 3 BY 4 Gourmet. The founder of 3X4 Foods, Ms Banke Makinde, said the programme, Street Food Celebration, would be used to showcase the Nigerian culture, through food, to the world. She said the event would provide an opportunity to celebrate Nigeria’s culture, history, and people through street food, and promote cultural entertainment, and delicious gourmet street food. According to her, Street Food Celebration

By Modupe Gbadeyanka The 12-year-old boy with missing intestines, Adebola Akin-Bright, who has been receiving treatment at the Lagos State University Teaching Hospital (LASUTH), Ikeja, has died. Adebola died on Tuesday evening, according to reports. He was to be flown abroad for an intestine transplant to get him back to normal before he breathed his last today. Adebola had surgery at a private hospital in the Alimosho area of the state known as Obitoks Medical Centre, but it was later discovered that his intestines were missing. The Lagos State House of Assembly had on Tuesday asked Governor Babajide Sanwo-Olu to

By Adedapo Adesanya Following President Bola Tinubu’s visit to India last week, the country’s oil company, the Nigerian National Petroleum Company (NNPC) Limited, has signed a memorandum of understanding (MoU) with Indorama Eleme Petrochemicals Limited on gas supply in a bid to promote the use of natural gas by large-scale gas utilization industries. The deal, if actualised, will allow both parties to explore and develop suitable opportunities within the remits of their interests across the hydrocarbon value chain in Nigeria. According to NNPC Group Chief Executive Officer (GCEO), Mr Mele Kyari, “NNPC Limited is on the threshold of making value

By Dipo Olowookere Troops of joint operation DELTA SAFE have intensified raids operation against crude oil theft with destruction of 80 illegal refineries across Bayelsa, Delta and Rivers States recently. In Bayelsa state, troops patrol around Obhoyohan and Ngiri Creeks in Nembe Local Government Area discovered and destroyed 7 illegal refineries containing 150,000 litres of suspected stolen crude oil. Three suspects were also arrested in connection with the illegalities, and are currently undergoing investigation. While in Delta State, troops patrol around Sara Abileye Swamp in Warri South West Local Government Area discovered a network of 6 illegal refineries made up

By Adedapo Adesanya The Federal Executive Council (FEC), yesterday, approved the development of the $2.59 billion Badagry Deep seaport. In a statement, the Nigerian Ports Authority (NPA) disclosed that the project is to run on a 45-year Build-Own-Operate-Transfer model. The Badagry Deepsea port construction is also expected to commence soon. According to the NPA in a tweet, “The Federal Executive Council has approved the development of Badagry Deep Seaport. “In April, @icrcng submitted the Full Business Case, FBC, Compliance Certificate for the $2.59bn deep seaport to be fully financed by private investors. “This is the second deep seaport project in

By Dipo Olowookere Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu, may have finally been removed from office, the Guardian is reporting. His redeployment back to Nigerian Police Force (NPF) was to pave way for a fresh person to be presented by President Muhammadu Buhari as the nominee to head the anti-graft agency before the Senate. The Guardian gathered to make the situation look like a routine exercise, some senior Police officers would be re-deployed by the Police hierarchy to resume as conventional Police officers. It was equally reliably gathered yesterday that the Attorney General

By Adedapo Adesanya The Federal Ministry of Finance, Budget and National Planning, as well as the Nigeria Customs Service, have urged importers to take advantage of the automated Import Duty Exemption Certificate (IDEC). The Minister of Finance, Mr Zainab Ahmed, said this on Thursday during a sensitisation seminar in Port Harcourt, the Rivers State capital. The Finance Minister said the new automated platform will reduce the amount of time spent on processing import duty exemption request, promote transparency and eliminate undue human interference, as well as other challenges associated with the manual process. Represented by the Permanent Secretary at the

By Aduragbemi Omiyale One of the major telecommunications providers in Africa, Airtel Africa, is already positioning itself for the future and has partnered with Ericsson to relocate and modernise its existing network and core services to a new data centre in Seychelles. This will enable the firm to prepare for the evolution in the industry as Voice over Long-Term Evolution (VoLTE) becomes the new standard for calling throughout the world. Also, the 5G network is gradually gaining ground across the globe and in Nigeria, its subsidiary has been given the go-ahead to bid for a spectrum for the provision of

By Dipo Olowookere The local debt market was busy on Wednesday, April 21, 2021, as the federal government asked for some funds from investors in the space. The Debt Management Office (DMO) conducted the first sale of the FGN bonds in the second quarter of the year and the debt securities worth N150 billion worth brought to the market. Investors were prepared for the exercise, especially now that the yield environment in the fixed income market is getting encouraging again. According to details of the transactions, the debt office auctioned N50 billion worth of the 10-year paper, another N50 billion

By Modupe Gbadeyanka The deployment of fifth-generation (5G) mobile technology in Nigeria will not occur until all relevant stakeholders are consulted, the Nigerian Communications Commission (NCC) has assured. In a statement issued on Tuesday, the agency said it was yet to conclude plans on how the technology would be used in the country. “For the avoidance of doubt, as with the previous technologies such as 1G, 2G, 3G and 4G, the commission will not commence 5G deployment without due consultation with all relevant stakeholders,” the statement said. The NCC explained that the recently published draft consultation document on 5G was

**Shareholders Laud Management, Seek Better Results By Modupe Gbadeyanka Chairman of United Bank for Africa (UBA) Plc, Mr Tony Elumelu, says the pan-African financial institution remains financially strong despite the harsh operating environment. Mr Elumelu, who once served as the Group Managing Director of the lender, made this disclosure on Monday at the bank’s 56th Annual General Meeting (AGM) held in Lagos. The chairman said he was impressed with the strong growth and performance recorded by the lender last year, which saw improvements in both the top and bottom lines. According to him, “Overall, our bank grew profit before tax