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Unfit Coca-Cola: Nigeria Bottling Company in big trouble

Fanta...one of NBC products not fit for human consumption

*As Consumer Protection Council opens probe Consumer Protection Council (CPC) says it has launched a “detailed investigation” into the alleged danger of mixing products of the Nigeria Bottling Company (NBC) like Coca-Cola, Fanta or Sprite with Vitamin C. CPC’s Director-General, Mrs Dupe Atoki, announced this in Abuja on Thursday. “The …

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Crude Swap scandal: NNPC to recover $42 Million debts from three firms

*Every kobo owe NNPC will be recovered Group Managing Director (GMD) of Nigeria National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has set machinery in motion to recover the sum of $42,339,372.22 million as unpaid debts from fraudulent crude oil allocations to three Nigerian oil marketing companies. The three companies are …

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N541billion debt ‎crisis: 13 banks takes over Etisalat

*Begs 13 banks for bail out survival 13 Nigerian banks and their foreign affiliates, Thursday, took over Etisalat Nigeria for alleged inability to repay a loan of about N541billion it secured from the consortium in 2015. The company claimed she has not been taken over though. Etisalat, which is Nigeria’s fourth …

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Heritage Bank presents 40” LED TV to winners of Happy Days Promo

*More winners also emerge from Abuja too Heritage Bank Plc, Nigeria’s Most Innovative Banking Services Provider, has presented 40-inch LED flat screen TV respectively to two of its loyal customers who emerged winners in the December/January 2016 draw of its on-going Happy Days Promo. The presentation was done in Lagos …

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Let’s join hands to fight corruption, Osinbajo begs Nigerians

*NASS, Customs, NDDC – You are cesspools of corruption – Sagay Acting President, Prof Yemi Osinbajo, has appealed to Nigerians to stop finger pointing and cooperate with the government in the fight against corruption in the country. In his address at the opening ceremony of a 2-day dialogue, on anti-corruption, …

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CBN sends panic to forex market with cash injection

*In a bid to further strengthen the Naira Forex traders have been set on panic button as news filtered that the Central Bank of Nigeria will, this weekend, further pump more dollars into the foreign exchange market in continuation of its strategy to strengthen the value of the Naira. According …

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3million Nigerians lost N18billion to MMM – NDIC

*Average of N6m per Nigerian frittered  An estimated three million Nigerians have lost about N18 billion in the Mavrodi Mundial Moneybox (MMM) Ponzi scheme, the Nigerian Deposit Insurance Corporation (NDIC) has said. Speaking at the NDIC Day at the ongoing 38th Kaduna International Trade Fair Friday, the Managing Director of …

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My nasty encounter with South African High Commission

*Release my international passport From Funke Osae-Brown Towards the end of January this year, I got an invitation to be in South Africa on the 1st of March, 2017 to experience the new BMW 5 Series. It was an event I had looked forward to considering my love for fast cars …

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Nigerian Govt formally closes Abuja Airport from 7th March

Nnamdi Azikiwe Airport Abuja...will be ready on schedule

*To close from 7th March to 19th April Nigerian government has formally announced temporary closure of the Nnamdi Azikwe International Airport, Abuja. The closure is to pave the way for a major rehabilitation of the runway at the airport. A statement by the Federal Airport Authority of Nigeria (FAAN) says …

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Heritage Bank is strong, healthy – Management

Management of Heritage Bank has described as malicious and untrue report trending in some online media that the Bank should be shut down. The story is about the bank’s financial and liquidity condition that questioned the ability of the bank to honour its obligatory engagements with a customer, Geonel Integrated …

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