Recent documents have revealed that Sayyu Dantata, the half-brother of billionaire Aliko Dangote, is among the marketers importing fuel into Nigeria from Malta. Dantata, who owns MRS Oil & Gas Co. Limited, has been implicated in the ongoing controversy surrounding fuel imports from the European country. The revelations come after similar findings about Matrix Energy…
The leadership of the Nigerian Labour Congress (NLC) has threatened to down tools nationwide in the event that the Nigeria Police detains its President, Comrade Joe Ajaero. The union handed down the threat on Tuesday morning at its headquarters, shortly after holding an emergency National Executive Council meeting to discuss the invitation of the NLC…
An Osogbo-based cleric, identified as Femi has been accused of having non-consensual s3x and impregnating his stepdaughter when she was 13 years of age. The allegations were brought against Femi by his 16-year-old stepdaughter, name (withheld). The victim, aged 16, had approached a Non-Governmental Organisation, the World Institute for Peace, to seek Alternative Dispute Resolution….
At least four personnel of the Nigerian Police Force have been killed by gunmen who attacked popular Four Corner Junction, Ozalla, in Nkanu West LGA in Enugu State. A community source who spoke to newsmen said the policemen were conducting a stop-and-search at a checkpoint when the gunmen opened fire on them. A video seen…
Tragedy struck as the Resident Electoral Commissioner (REC) of the Independent National Electoral Commission (INEC) for Ogun State, Niyi Ijalaye, was pronounced dead. Ijalaye collapsed and succumbed to his fate on Monday evening, moments after a pivotal meeting of RECs at the Commission’s headquarters in Abuja. A source close to the Ogun INEC, speaking on…
GISTSMATE MEDIA reports that the Nigerian National Petroleum Company Limited (NNPC Ltd.), on Monday, August 19, said it has not paid fuel subsidy to any entity since the past nine years. Umar Ajiya, the Chief Financial Officer of NNPC Limited while speaking said the company was only taking care of Premium Motor Spirit (PMS) importation…
The Nigeria Labour Congress (NLC) has called an emergency National Executive Council (NEC) meeting following the police invitation of its National President, Joe Ajaero, over allegations of terrorism financing. The NEC meeting, scheduled for 8 am on Tuesday at the Olaitan Oyerinde Hall, Labour House, will have all heads of affiliates and state chapters of…
GISTSMATE MEDIA reports that a Badagry Chief Magistrates’ Court sitting in Lagos on Monday ordered the remand of a 65-year-old man, Idris Danladi, for allegedly defiling a one-year-old girl. The Chief Magistrate, Mr Patrick Adekomaiya, ordered that Danladi should be remanded in the Awarjigoh Correctional Centre, Badagry, after he pleaded not guilty to the one…
GISTSMATE MEDIA reports that the Nigeria Labour Congress on Monday evening confirmed the invitation of its president, Joe Ajaero, by the police over issues bordering on alleged terrorism financing. The Congress’ spokesperson, Benson Upah, made this known in a statement he signed and made available to our correspondent. The PUNCH earlier reported that Ajaero was…
The Nigerian government has announced the issuance of a $500 million five-year domestic dollar bond, opening for subscription on August 19, 2024. The bond offers a competitive interest rate of 9.75%, aimed at attracting both local and international investors. The bond issuance is part of the government’s ongoing efforts to diversify its funding sources and…
