Thursday, December 4, 2025
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Business

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

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NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

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LASAA Staff Faces Sanctions for Policy Breach after Viral Allegation, Cleared of Fraud

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Stanbic IBTC, Zenith, Axa Mansard, Leadway, MTN, GLO Lead Q3 2025 Brand Report

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ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

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NCC Spotlights Renewable Energy on World Consumer Rights Day

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Governors, NCC Set for Broadband Awareness Forum Oct 20

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VerveLife 5.0 Gears Up for Nairobi, Lagos Events

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

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FG Reassures Investors, Pledges Balanced Capital Gains Tax Outcomes as NGX Lists MREIF

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Nigerian Stocks Present Buying Opportunities as Market Sheds N2.8trn

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NGX Reaffirms Leadership in Advancing Africa’s Islamic Finance Ecosystem

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Insurance

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

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Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

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AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

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Sovereign Trust Insurance Secures Board’s Approval to Raise N5bn Capital

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Insurers Support Partnership with State Govts to Drive Insurance Penetration in Nigeria

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Business

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

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NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

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LASAA Staff Faces Sanctions for Policy Breach after Viral Allegation, Cleared of Fraud

The Lagos State Signage and Advertisement Agency (LASAA) has...

Stanbic IBTC, Zenith, Axa Mansard, Leadway, MTN, GLO Lead Q3 2025 Brand Report

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ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

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Governors, NCC Set for Broadband Awareness Forum Oct 20

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VerveLife 5.0 Gears Up for Nairobi, Lagos Events

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Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

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Capital Market

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

NGX T+2 Settlement Cycle ‘Goes Live’ Event

L – R: Chinwendu Ekeh, Head, Operations & IT,...

FG Reassures Investors, Pledges Balanced Capital Gains Tax Outcomes as NGX Lists MREIF

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Nigerian Stocks Present Buying Opportunities as Market Sheds N2.8trn

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NGX Reaffirms Leadership in Advancing Africa’s Islamic Finance Ecosystem

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Insurance

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

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AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

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Sovereign Trust Insurance Secures Board’s Approval to Raise N5bn Capital

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Senate May Reject Amaechi, Fashola as Ministers

There are growing indications that the Senate may not confirm Hon. Rotimi Amaechi and Babatunde Raji Fashola as ministers following growing allegations of corruption during their tenure as executive governors of Rivers and Lagos states respectively.

A high-ranking PDP Senator from the South-South region told Business Journal on condition of anonymity in Abuja that the PDP-caucus at the Senate will make sure that both Amaechi and Fashola fail the ministerial confirmation hurdle.

The senator said: “It is unfortunate that Buhari who told Nigerians that only men and women of integrity would be on his ministerial list presented both men to the Senate for confirmation as ministers. Both of them are facing grave allegations of corruption in their various states. We would reject them.”

The second reason for the cloud of uncertainty over Amaechi and Fashola is the Code of Conduct trial of Senate President, Bukola Saraki.

The PDP senator alleged that both Amaechi and Fashola were part of the APC leadership caucus that decided to humiliate Saraki over allegations of false declaration of assets.

“Let me tell you. Amaechi and Fashola were part of the APC conspiracy to drag Saraki to court over assets declaration. It is now payback time. Forget about them-they can’t scale the hurdle as ministers,” the senator insisted.

Amaechi is currently battling allegations of fraud over the sale and conversion of government power plants amounting to $302 million, payment of N4 billion to Clinoriv Specialist Hospital and another N1.5 billion to Messrs Collect Nigeria Limited. The matter is before the Justice Omereji-led Judicial Commission of Inquiry sitting in Port Harcourt.

For Fashola, there are also allegations of building a website for N78 million, amongst several other allegations of corrupt enrichment and mismanagement while in office.

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