The managing Director of Quintessential Investment LTD, Joshua Kayode has been arrested over accusation of fraud leveled against him. GISTMASTER gathered that that Kayode and Asunde Osiro, his chief operating officer were arrested by Policemen on Tuesday, 6 April, 2021. They been detained at the Force Criminal Investigation Department (FCID), Alagbon, Lagos. The journey to […]
A federal High Court has granted Central Bank of Nigeria an interim order to freeze 11 bank accounts belonging to businessman, Albert Ugochukwu,Balfour Energy and Allied Services and others, GISTMASTER gathered. The CBN had in a motion ex parte dated March 16, prayed the court for an order directing First City Monument Bank (FCMB) to […]
The committee set up by President Muhammadu Buhari to investigate a “breach” of agreement by Addax Petroleum, has accused the company of causing the country a huge economic loss. The committee headed by a former senator, Magnus Abe, said this Wednesday while submitting its report to Mr Buhari, through the Minister for State for Petroleum […]
Rite Foods Limited, a Nigerian Foods and Beverages Company, has filed an application of committal against the Nigerian Bottling Company (NBC) and its Managing Director at a Federal High Court in Lagos, for contempt of court. The Rite Foods’ application for committal states that the contemnors, the NBC and its Managing Director (MD), Mathieu Seguin, […]
OUR OWN YINKA ODUMAKIN IS GONE You were my senior Comrade and big brother for over 20 years. You once took BUSKA Razaq Oladosu Obasola and I to meet your aged mother and father at Orita Moro in IFE North LG. You gave me the first Blackberry phone I ever used on the same day […]
Afenifere spokesman, Mr Yibka Odunmakin died at the intensive care unit (ICU) of Lagos state Teaching Hospital, GISTMASTER gathered. The activist died of complications due to COVID19 pandemic. According to latest information at our disposal, Odumakin was ill for sometime and taken to IDH, Yaba. When the situation was getting out of hand he was […]
Afenifere spokesman, Mr Yibka Odunmakin died at the intensive care unit (ICU) of Lagos state Teaching Hospital, GISTMASTER gathered. The activist died of complications due to COVID19 pandemic. According to latest information at our disposal, Odumakin was ill for sometime and taken to IDH, Yaba. When the situation was getting out of hand he was […]
MTN is stifling the progress of Nigeria’s small and medium-sized enterprises by ensuring that access to airtime and data through simple technology is cumbersome. With the increase in the transfer charges on USSD, MTN is looking to drive Nigerian SMEs who sell data and airtime out of business. MTN has also compelled SMEs who aggregate […]
Gilbert Chagoury, the chairman of Chagoury and Chagoury group in Nigeria is in trouble in America for using straw donors in US elections. Chagoury has been accused of having routed approximately $180,000 to the campaign committees of four U.S. candidates through straw donors over the course of three election cycles. The Chagoury family were known […]
This 32 year old man, Babajide Akinsanya, has been arrested by the Osun State Police for shooting his landlord to death while his wife sustained life threatening injuries. The wife and the landlord were caught on his matrimonial bed when he got back just after 3 hours of leaving for work. The suspect who confessed […]