Orjiako To Step Down As Chairman Of Seplat Energy

Seplat Energy Plc has announced the decision of its Chairman Dr. A.B.C. Orjiako to step down as Chairman of the Board of Directors of Seplat Energy Plc. Orjiako notified the Board of Directors of his decision yesterday, November 17, 2021. According to a statement from the company, in order to facilitate an orderly transition Orjiako will remain as Chairman until the next Annual General Meeting in May 2022, when an Independent Chairperson will take over. Orjiako is the co-founder and pioneer of Seplat Energy. Since 2009, as Chairman of the…

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Premium Pension Receives Two ISO Recertification

Premium Pension Limited, one of the leading Pension Fund Administrators (PFAs) in Nigeria, received two International Standard Organisation (ISO)’s recertifications recently. The ISO recertifications are on Information Security Management System (ISMS) ISO 27001:2013 and Quality Management System (QMS) ISO 9001:2015. Going through the websites of Pension Fund Administrators in Nigeria, Premium Pension is the only operator with two ISO certifications. Premium Pension became the first among all the PFAs in the country to receive ISO 27001 Information Security Management System Certification under the auspices of British Standard Institute (BSI) in…

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Pastor Taiwo Odukoya Loses Second Wife

The Founder of the Fountain of Life Bible Church, Taiwo Odukoya, has lost his second wife, Pastor Nomthi Rosemary Odukoya. Pastor Odukoya’s first wife, Pastor Bimbo, died on December 10, 2005 in a plane crash in Port Harcourt, Rivers State. Pastor Bimbo flew on Sosoliso Airline, from Abuja to Port Harcourt, where the plane crashed on landing due to bad weather. The death of Pastor Nomthi, a South African, was announced on the Instagram page of Pastor Taiwo. She was said to have been battling cancer for two years. She…

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

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

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

.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

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

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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194 Lagos Men Beaten By Wives In The Last Six Months – Report

On Wednesday, the Lagos State Domestic and Sexual Violence Response Team (DSVRT) stated that 194 males had been beaten by their spouses or partners in the previous six months. The figure was published by DSVRT in its bi-annual report. The report, which was made available to journalists in Lagos, covers the period from January to June 2021. The News Agency of Nigeria (NAN) reports that the figure is 44.33 percent higher than the 108 assault cases reported by men from January 2020 to June 2020. According to the latest report,…

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