Diageo reduces interest in Guinness Nigeria by 15%

Diageo reduces interest in Guinness Nigeria by 15%

Fear that the parent company of Guinness Nigeria, Diageo, has concluded plans to reduce its share holding in the company became clearer on Wednesday as it confirmed that its application is before the Nigerian Stock Exchange for approval to sell off about 15 per cent of its equity holding, worth about $130 million. Guinness chief …

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Lagos IGR beats 33 states combined, rises by N33bn — NEITI

Lagos IGR beats 33 states combined, rises by N33bn -- NEITI

The internally generated revenue (IGR) of Lagos State has maintained its lead over what the totality of 33 other states realise, haven risen by about N33 billion in one year from 2015 to 2016. A report by the Nigeria Extractive Industries Transparency Initiative (NEITI) on Wednesday, said the state recorded an IGR of N301.19 billion, …

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Discharge, acquit us, FG has no case, Justice Ademola, wife tell court

Discharge, acquit us, FG has no case, Justice Ademola, wife tell court

A Federal High Court Judge, Justice Adeniyi Ademola, his wife Olubowale as well as Joe Agi (SAN), have prayed a High Court of the Federal Capital Territory in Maitama, Abuja to discharge and acquit them because the Federal Government has no case against them. The trio are being jointly prosecuted before Justice Jude Okeke for …

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YAHOO HACK: Two Russian spies indicted by US Justice Department

YAHOO HACK: Two Russian spies indicted by US Justice Department

The US Justice Department is accusing two Russian spies of allegedly accessing millions of Yahoo user accounts through spam campaign. The two “criminal hackers” of Russia’s FSB spy agency have been indicted over a massive cyber-attack affecting 500 million Yahoo users described as one of the largest online attacks in history, carried out in 2014. …

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Nigerian Army laments ‘unholy alliance’ between terrorists and villagers

Nigerian Army laments 'unholy alliance' between terrorists and villagers

The Nigerian Army has reminded Nigerians, especially those in the north east part of the country that is “a grievous mistake and criminal offence to continue to shield or harbour any known Boko Haram terrorist in their midst”. The warning was sent out by Brigadier General Sani Usman, Director Army Public Relations while giving updates …

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Army detains 6 soldiers who brutalized woman for protesting her brother’s beating

Army detains 6 soldiers who brutalized woman for protesting her brother's beating

The Nigerian Army says it has set up a Board of Inquiry to investigate the circumstances that led six of its men to allegedly beat up a woman in the Odogunyan, Ikorodu area of Lagos, and landing her in hospital. According to the army, “The female has been taken to hospital where she is responding …

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