globalnews

Greener Future: Transcorp Expands Environmental Initiative with Donation of Waste Bins to Schools  

  Transnational Corporation Plc (“Transcorp Group”), Nigeria’s leading, listed conglomerate with strategic investments in the Power, Hospitality, and Energy sectors, has executed the second phase of its environmental Corporate Social Responsibility (CSR) initiative, donating segregated waste bins to schools across Lagos, Delta, and Rivers States. This initiative reinforces the group’s commitment to sustainable waste management…

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NIHOTOUR Fires Back at HOMAL, Asserts Authority Under 2022 Act

The attention of the National Institute for Hospitality and Tourism (NIHOTOUR) has been drawn to a recent publication by the Hotel Owners and Managers Association of Lagos (HOMAL), wherein the Association made several misleading, unfounded, and legally erroneous assertions concerning the legality and implementation of the NIHOTOUR (Establishment) Act, 2022. This rejoinder serves to correct…

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Boko Haram Infiltration: Gov. Zulum Reveals Politicians and Soldiers Among Insurgent Informants

Governor of Borno State, Babagana Zulum. The Borno State Governor, Babagana Zulum, has alleged that some Nigerian politicians and members of the armed forces are acting as informants and collaborators for Boko Haram insurgents. Zulum made the revelation on Wednesday during an interview on News Central’s Breakfast Central, where he vowed that the state would…

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FIDELITY BANK OF CRISIS: N225 Billion Damages Verdict Sends Shocakwaves Through Nigerian Banking Sector

  ……. As Investors Freak Out Fidelity Bank is staring at financial disaster after a unanimous Supreme Court ruling ordered the banking giant to pay a staggering N225.29 billion in damages to Sagecom Concept Ltd, a Nigerian firm. This development has sent shockwaves through the financial sector, with many questioning whether Fidelity can survive this…

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U.S. Court Orders Nigeria’s Ipetumodu Monarch, Joseph Oloyede, To Forfeit Assets After Conviction Over COVID-19 Relief Fraud

Joseph Oloyede, a Nigerian monarch and dual U.S. citizen, has been ordered to forfeit millions in cash and valuable property to the U.S. government following his conviction in a $4.2 million COVID-19 relief fraud case. Oloyede, formerly the Apetu of Ipetumodu in Osun State, pleaded guilty on April 24 to 13 counts of fraud and…

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:A Betrayal of Trust: The Dark Side of Oyedepo’s Institution

In a shocking turn of events, Covenant University has been accused of treating its former employees with utter disregard, leaving them to suffer financially and emotionally. One former employee, Professor Joseph Olugbuyiro, recently passed away after being terminated from his position in September 2024, along with others, citing the need to reduce the wage bill….

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