Business Pointer Admin

Court arraigns four over alleged N27.6m gold theft in Ibadan

Four individuals have been arraigned before an Iyaganku Chief Magistrates’ Court in Ibadan over the alleged theft of gold valued at N27.6 million. The defendants, Israel Mapko (60), Kabirat Nurudeen (48), Salisu Adamu (58), and Abiola Modesola (49) were charged with conspiracy, stealing, and receiving stolen goods. They pleaded not guilty to the charges.The prosecutor,…

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Fani-Kayode tackles Dele Momodu over criticism of Tinubu

…Dismisses ADC as weak opposition By Adeyemi David Nigeria’s ambassador-designate to Germany, Femi Fani-Kayode, has criticised media entrepreneur Dele Momodu over his recent remarks on President Bola Tinubu, describing them as “misguided” and “uncharitable.” Momodu, a chieftain of the African Democratic Congress (ADC), had in a recent television interview likened Tinubu’s leadership style to that…

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The making of a safer border: Afeni’s campaign against smugglers

For years, the Idiroko border in Ogun State has been synonymous with smuggling and illicit cross-border trade. But a new enforcement drive by the Nigeria Customs Service is beginning to alter that narrative. Since assuming office as Acting Customs Area Controller of the Ogun I Command, Oladapo Afeni has intensified intelligence-driven operations that have led…

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NAMTOP ends leadership crisis, announces interim team ahead of April congress

By Seun Ibiyemi The National Association of Maritime Transport Operators (NAMTOP) has announced the resolution of its two-year leadership crisis, restoring unity among its twenty affiliated unions and associations. In a statement on Tuesday, NAMTOP said the umbrella body representing truck owners and operators across Nigeria is now fully reconciled and ready to continue advocating…

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NGX, SEC review free-float rules to boost capital market liquidity

By Seun Ibiyemi Nigeria’s capital market regulators have begun reviewing free-float requirements for companies listed on the Nigerian Exchange (NGX) in a bid to boost market liquidity, deepen equity trading, and attract more investors. The NGX Group confirmed the development on Monday, noting that discussions are ongoing with the Securities and Exchange Commission (SEC) to…

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