Month: October 2021

List Of Late Chief FRA William’s Properties Causing Feud among His Children

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Last week, Ladi Williams, the first son of foremost Nigerian lawyer, the late Chief FRA Williams, died of COVID-19 complications. He died without living to witness the end of the feud between him and his siblings of same parents over their father’s estate. Below are the properties left behind by their late father….enough to possess, share and do give away with…. THE PROPERTIES OF THE LATE CHIEF FRA WILLIAMS CAUSING ALL THE TROUBLES IMMOVABLE PROPERTIES WITHIN LAGOS STATE Palm Groove House, 3, Shagamu Avenue, Ilupeju, Lagos. 1, Shagamu Avenue, Ilupeju,…

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NNPC Advises Tanker Drivers To Shelve Planned Strike

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The Nigerian National Petroleum Corporation (NNPC) on Sunday in Abuja called on petroleum tanker drivers to call off its planned strike in the interest and welfare of Nigerians. “The strike is about the condition of roads in various parts of Nigeria used for the distribution of goods and services including petroleum products. “While it is not the responsibility of the NNPC to build or rehabilitate roads, any disruption in the distribution of petroleum products will adversely affect the business of the NNPC. “It will also endanger energy security, which the…

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Infractions: NGX Fines Mutual Benefits, Lasaco, Others N325.7m

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.Trading in Royal Exchange, Niger Insurance’s shares suspended For failing to adhere to regulatory rules and regulations instituted by the stock market regulator, at least seven underwriting firms have been fined a total of N325.7 million between 2020 and 2021, according to the latest X-Compliance report released by the Nigerian Exchange Group (NGX). According to the September 17 report cited by New Telegraph, Mutual Benefits Assurance Plc received the highest chunk of the fine, amounting to N256.3 million for unauthorised publication of notice of annual general meeting and problem with…

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Tax Fraud: FG Reneges On Global Pact To Curb Investments In Tax Havens

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Despite recent outcry over Nigerian public and private officials’ criminal investments in countries, which exempt them from paying taxes, the Federal Government has refused to join about 140 other countries to curb the fraud through a 15 per cent corporate minimum tax. According to the report released over weekend, nearly 140 countries have agreed on a tentative deal that would make sweeping changes to how big, multinational companies are taxed in order to deter them from stashing their profits in offshore havens where they pay little or no tax. The…

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NIPOST retiree dies in sex romp with two teenagers

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The Akwa Ibom State Police Command has confirmed the death of a man identified as a retired employee of the Nigerian Postal Service (NIPOST), who was found dead in his residence at Udo Street in Uyo, the Akwa Ibom state capital. It was learnt that the deceased, an Igbo man, name withheld, was engaged in a sex orgy with two teenagers who he was alleged to have promised jobs in NIPOST when there are vacancies. According to a neighbour who would not want his name mentioned, “The deceased died of…

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