The Chairman of Zenon Oil & Gas, Mr. Femi Otedola has come out to denounce the listing of his company among companies that collected foreign exchange. The management of Zenon disclosed that the allegation is an embarrassment to the company, further said that Zenon discharged the cargo under the supervision of regulatory agencies which includes…
FEMI OTEDOLA SPEAKS FOLLOWING HOUSE OF REPS’ DELIBERATIONS ON BRIBERY SCANDAL TODAY I have stated the facts in my interview with Thisday newspaper and nothing but the facts. That Farouk Lawan demanded $3 million from me and because I refused to oblige him he included the name of Zenon amongst those who bought forex without…
The world of Senator Florence Ita-Giwa is a testimony to the fact we all know: “the end justifies the means”. Prior to her 1999 swearing-in ceremony as ANPP senator of the Federal Republic of Nigeria, Mama Bakassi was just like any other average female politician. Give it to her: she was tutored in the…
Chief Ebenezer Obey once sang: “For somebody to be bestowed a title in the community, the person must be of good character”. Global News is finding it difficult to confirm if the words of this song would ever fit into the case this civil servant who is one of those currently holding sway in the…
Years after the scourge of economic meltdown that affected businesses and some countries’ economy globally, it is sad that some companies are bound for extinction as they do not have machineries in place to withstand such situation. Yet, many companies have since regained their grounds and some are just picking up, but one company that…
In 1998 when they were arrested for interrogation by the Special Investigative Panel, SPI, hardly did anybody realize that that was the beginning of an end of Major Hamza Al-Mustapha. The former chief security officer, CSO, to the late head of state, General Sani Abacha was one of the many people invited for interrogation over…
Sacked Lagos medical doctors have hit back at the commissioner for special duties, Dr. Wale over his ambiguous statement and role in the on-going showdown between the 788 sacked doctors and Lagos State government. Some of the doctors who spoke on condition of anonymity claimed that they were not surprised at his statements and role…
That the marriage of actor cum politician, Chief Rotimi Makinde, a member of House of Representatives representing Ife Federal Constituency to his heartthrob, Bolaji, has collapsed like a badly arranged pack of cards is like stating the obvious. While the reason for their separation is still being shielded away from the media, Hot Point will…
Many people may not know that there is no love lost between the arrogant speaker of Kwara State House of Assembly Honourable Razak Atunwa and the incumbent governor Fatai Ahmed because of the way both manage the animosity between them, but those who are close to the two powerful Kwara gladiators claim that the relationship…
Barely two years after losing his first wife Clara to the cold hands of death, Governor Oshiomhole has reportedly married a new wife. The new girl whom report says frequently shuttles the state house and the comrade’s hometown in Iyambo, Edo State, coincidentally shares the same name with the governor’s daughter Jane, who was recently…
