One of the three investors in Nigeria’s Backward Integration Plan on sugar, BUA Sugar Refinery has allegedly been shortchanging the Federal Government to the tune of billions of naira, which the company enjoys as concessions on import duty and levy for raw imported sugar, by not producing an ounce of sugar since the BIP was initiated, findings have revealed. BUA’s ... Read More »
Author Archives: NewsThumb Magz
V Bank Wins Banking App of The Year
V Bank, Nigeria’s foremost fully digital bank powered by VFD Microfinance Bank has won the Banking App of the Year Award at this year’s GAGE Awards held in Lagos, this April. The second edition of the award tagged: ‘’Year of The Digital Takeover,’’ is a comprehensive celebration of individuals and brands that have leveraged the power of the internet to make life easier and ... Read More »
SECURITY ISSUES : SANWO-OLU GETS LAGOSIANS’ BACKING TO TACKLE SECURITY CHALLENGES
… Stakeholders Seek Action on Okada, Abandoned Buildings, Others* … Residents Renew Demand for Special Status* Lagosians have asked the State Government to take decisive actions on some security issues to rein in what they describe as a disturbing trend. Among others, they demanded action against what many described as the menace of commercial motorcycles, otherwise known as Okada, kidnapping, ... Read More »
UPDATE : ARMED ROBBERS INVADE ASO ROCK, EMPTY BUHARI’S CHIEF OF STAFF GAMBARI, ADMIN OFFICER MAIKANO’S RESIDENCES
.. Presidency Confirms Armed Robbery Attack On Ibrahim Gambari and Abubakar Maikano Residences. The breach raised fears that the rising insecurity across the country was drawing closer to the elite than previously estimated. Armed men suspected to be robbers invaded the residences of two senior aides to President Muhammadu Buhari inside the precinct of the Presidential Villa, administration officials and ... Read More »
Insecurity : NIGERIA NOW ATOP KEG OF GUNPOWDER, says SHEIK ABDUR RASHEED AHMAD SAYI
Johnson Onifade Abeokuta An Islamic Cleric and Judge of the sharia court of Appeal kwara state Abdur Rasheed Ahmad Sayi has warned that NigerNigeria is atop keg of gunpowder ready to explode unless the situation is given urgent attention with a bold step to difuse the tension now pervading the Nation. The erudite scholarr dropped this explosive ... Read More »
BREAKING: FG restores curfew, restriction on mass gatherings
The Federal Government has re-introduced a nationwide 12am to 4am curfew to curtail further spread of COVID-19. The National Incident Manager, Mukhtar Mohammed, disclosed this at the briefing of the Presidential Steering Committee on COVID-19 in Abuja. Mohammed said the curfew would take effect from midnight on Monday. He also said with effect from Tuesday, night clubs, gyms and others ... Read More »
Eid-ul-Fitri: FG declares Wednesday, Thursday public holidays
The Federal Government has declared Wednesday and Thursday as public holidays to mark the 2021 Eid-ul-Fitr celebration. The Minister of Interior, Ogbeni Rauf Aregbesola, made the declaration on behalf of the Federal Government on Monday. A statement by the Permanent Secretary of the Ministry of Interior, Dr. Shuaib Belgore, quoted Aregbesola as congratulating the Muslim faithful on the occasion. He ... Read More »
Listing on LCFE: Heritage Bank-Dukia Gold set to unlock N344trillion market worth of gold
Heritage Bank for being part of valuable private sector collaboration with Dukia Gold & Precious Metals Refining Co. Limited is set to unlock the over N344trillion market worth of gold investible instruments in the solid minerals sector with the concluded plans of being listed on the Lagos Commodities and Futures Exchange (LCFE). This move that will entrench expand revenue in ... Read More »
THE VOICE NIGERIA: FIRSTBANK IMPRINTS IN ENTERTAINMENT, YOUTHS DEVELOPMENT
One of the key metrics that well defines a truly 21st century brand beyond profit making is its ability to connect with customers and stakeholders as a complete enabler, touching on vital aspects of their lives, creating exciting memories and enabling them to access more enjoyable and convenient lifestyle, in shopping, studying, working, traveling, family living, entertainment and aspirations. Its ... Read More »
INSECURITY : Police arrest driver as truck loaded with ammunition falls in Anambra
A truck loaded with ammunition on Sunday fell in Onitsha, Anambra State. Cartons of live bullets scattered on the road as the truck fell into a ditch and spilt its content. While the driver of the truck was arrested by the police, his conductor fled. A source told our correspondent, “The incident occurred on the Awka Road,” adding, “It was ... Read More »