emisi Izuora Aliko Dangote, has expressed confidence of his company meeting estimated revenue growth in the next four years. He said detailed internal modelling had reinforced management’s confidence that the Group’s target of generating US$100 billion in annual revenue by 2030 was achievable. Dangote said this when Senior executives from leading global investment banking and financial services firm Goldman Sachs toured the company’s integrated petroleum refinery, petrochemicals and fertiliser complex in Lagos. The delegation, led by Co-Chief Executive Officer of Goldman Sachs International and Global Co-Head of Investment Banking, Anthony Gutman, visited the Dangote Petroleum Refinery & Petrochemicals, Dangote Fertiliser…
Author: Orientalnews Staff
Tunde Bakare The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission (EFCC), Lagos, on Thursday, August 6, 2026, handed over the sum of N125,000,000.00 (One Hundred and Twenty-five Million Naira) to the victim of an alleged land fraud, Akinsewa Akiode. The recovery of the funds, handed over in Sterling Bank drafts, followed a petition submitted by Akiode, who alleged that one Olufemi Omoola Fashehun defrauded him of N125,000,000.00 (One Hundred and Twenty-five Million Naira) under the pretext of selling to him a parcel of land measuring 550 square metres, located at No. 10, Kudirat Abiola Way, Oregun, Lagos State. The petitioner further alleged that the…
Tunde Bakare The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission (EFCC) on Wednesday, August 5, 2026, arraigned Jacob Acheneje Okolo, Yakubu Wisdom Onu Solomon and Issa Aloba Lateef for an alleged N652.18m theft before Justice Olubunmi O. Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos. The defendants, alongside two companies, Upper-Level Energy Resources and Crescent Integrated and General Merchandise Limited, were to be arraigned on July 8, 2026. However, the arraignment could not proceed as scheduled due to the absence of the fourth defendant, Lateef, proprietor of Crescent Integrated and General…
Ken Okeke The Minister of Aviation and Aerospace Development, Festus Keyamo, Chairman of Bi-Courtney Aviation Services Limited, Dr. Wale Babalakin and Chairman of Air Peace Limited, Allen Onyema are the leading dignitaries billed to lead discussions at the 30th edition of the League of Airports and Aviation Correspondents (LAAC) Annual Conference schedule to hold on Thursday, September 10, 2026, at the Providence Hotel, Ikeja, Lagos. The conference, which has become Nigeria’s foremost aviation industry dialogue platform, will bring together top government officials, aviation regulators, airline operators, airport managers and other stakeholders in the aviation industry to deliberate on the…
Tunde Bakare The Economic and Financial Crimes Commission (EFCC), has arrested one Odigie Moses, a self-acclaimed spiritualist for alleged sextortion to the tune of $1,100 (One Thousand, One Hundred Dollars). He was arrested in Ekpoma, Edo State. The suspect, who misrepresented himself on Zelle, a social media platform as possessing spiritual healing powers, was contacted by his victim, an Indian woman, who was in need of spiritual intervention on some life-threatening challenges. The suspect subsequently deceived her into taking a naked spiritual bath, which he recorded live without her permission, and thereafter blackmailed her to send him money, else he would…
Tunde Bakare The Nigerian Press Council (NPC) has sought collaboration with the Economic and Financial Crimes Commission, EFCC, in the fight against corruption, economic and financial crimes. The request was made on Wednesday, August 5, 2026 when NPC’s Executive Secretary, Dr. Dili Ezughah led the top management team of the Council on a courtesy visit to EFCC’s corporate headquarters. Ezughah who praised the Commission for its productive engagement with the media commended the Commission for its “unwavering commitment to transparency, accountability, integrity and good governance,” noting that such commitment had significantly advanced the country’s fight against corruption. He described the EFCC as a…
Francesca Odimgbe The Governor of Lagos State, Mr. Babajide Sanwo-Olu, has congratulated the State Chairman of the All Progressives Congress (APC), Pastor Cornelius Ojelabi, on his 68th birthday. The Governor lauded Ojelabi’s steadfastness and commitment to progressive values, saying they have helped to shape the ruling party and positively impacted many lives. Governor Sanwo-Olu, in a statement released on Friday by his Special Adviser on Media and Publicity, Mr. Gboyega Akosile, described Pastor Ojelabi as a religious leader, seasoned politician, and administrator who has used his positions to mobilise enormous support for the APC and foster development…
Joseph Bakare President Bola Ahmed Tinubu, GCFR, has welcomed the formal admission of Nigeria as the newest National Member Committee of the World Energy Council (WEC), describing it as a proud moment for the nation and a strong vote of confidence in Nigeria’s energy reforms and leadership role in Africa. The President said Nigeria’s entry into the century-old global network of over 100 countries positions the country to more actively shape global discourse on energy security, equity and sustainability. President Tinubu congratulated the inaugural leadership of WEC Nigeria – Mr Abdulrazaq Isa, OFR, as Chairman and Mr…
Uche Cecil Izuora Guinness Nigeria has started rewarding consumers under its nationwide ‘Open For More’ National Consumer Promotion (NCP), with an impressive ₦17 million in rewards to 107 winners during the campaign’s first live draw held on July 31, 2026. The inaugural draw instantly transformed the fortunes of consumers across the country, producing seven new millionaires, who each received ₦1 million, alongside 100 additional winners, who each walked away with ₦100,000. The milestone marks the beginning of a series of weekly live draws that will see hundreds more Nigerians rewarded throughout the promotion. The seven ₦1 million winners are…
Joseph Bakare The Kogi State Government has said the Lokoja Ultra Modern Market, currently under construction, is poised to transform commerce across Nigeria by leveraging the state’s strategic location at the nation’s crossroads and providing one of the country’s largest and most modern trading hubs. The Government said the market, which sits on 25 hectares of land, will accommodate traders from seven existing markets across Lokoja and provide a well-planned commercial environment that will enhance trade, improve safety, ease traffic congestion and stimulate economic growth. The Commissioner for Information and Communications, Kingsley Femi Fanwo, stated this on Monday while…