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Showing posts from December 21, 2019

INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c

PRESIDENT BUHARI PARTICIPATED IN THE 56TH ORDINARY SESSION OF HEADS OF STATE TODAY IN ABUJA.{PHOTOS}.#PRESS RELEASE.

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  Today, President Muhammadu Buhari participated in the 56th Ordinary Session of the Authority of Heads of State and Government of the Economic Community of West African States (ECOWAS) in Abuja.More photos below.

GOVERNOR'S FORUM TOURED DANGOTE REFINERY YESTERDAY.{PHOTOS}.#PRESS RELEASE.

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     Yesterday, the Nigeria Governor's Forum (NGF) had a facility tour of the multi-billion Naira @dangotegroup Refinery and Petrochemicals and Fertiliser projects at Ibeju Lekki, Lagos. We were highly impressed with the project which will definitely contribute immensely to Africa’s economy. This initiative further underscores the importance of a Public-Private Partnership which is seen as a catalyst of sustainable economic growth and development. We shall not relent on our strong resolve to attract more investors into the Gateway State for the overall benefit of our people. - Prince @dapoabiodunmfr, MFR Governor, Ogun State. More photos below.

ANTI-GRAFT WAR: DO NOT REST ON YOUR LAURELS,MAGU CHARGES STAFF.{PHOTOS}.#PRESS RELEASE.

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      The Acting Chairman of the EFCC, Ibrahim Magu has charged staff of the Commission not to rest on their laurels in the fight against economic and financial crimes in the country. Magu stated this during the end of the year Staff Party of the Benin Zonal Office. Magu who was represented by the Zonal Head, Muhtar Bello commended officers of the Zone for their achievements during the year. According to him, the zo ne secured 95 convictions and recovered N243 million during the year, an improvement on the previous year. The Acting Chairman said in 2020, staff must work harder to achieve better result through total dedication and commitment to duty. "In 2020 God willling, it is our desire to do better than we have done this year. We must work together as a team for better result because as it is often said if you want to go fast, you go alone but if want to go far, you go as a team." Some staff of the Zone who distinguished themselves on the job during the cause of

KIM KARDASHIAN IS LOOKING LOVELY ON THE COVER OF 7HOLLYWOOD MAGAZINE.{PHOTOS}.

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       Kim Kardashian is looking very lovely on the cover of 7Hollywood magazine.She shared all these photos on social media with the caption ''   Wearing Mugler Private Archives for  7Hollywood Magazine .  ✨ ✨ ✨  WHAT A DREAM  ✨ ✨ ✨          Art Direction by  Manfred Thierry Mugler Photographed by  Alix Malka . Styled by Mary Ammalakpour Make Up: Mario Dedivanovic Hair: Peter Savic Video: Sunset Edit  ''.More photos below.

SANWO-OLU SEALS DEAL WITH PRIVATE DEVELOPERS TO BUILD 8,200-UNIT HOSTEL AT LASU.{PHOTOS}.#PRESS RELEASE.

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       Lagos State University (LASU) is set to become a residential tertiary institution, 36 years after it was established. The State Government, at the weekend, signed a Build, Operate and Transfer (BOT) agreement with six private property developers to deliver 8,272 units of hostel on the school campus in the next 18 months. Governor Babajide Sanwo-Olu officially approved the BOT agreement at a short ceremony held at Lagos House in Marina on Friday evening. The deal, which will lead to the construction of six blocks of Hall of Residence, was wrapped under the Public Private Partnership (PPP) policy of the State. The concessions will run for 35 years. When the private developers deliver the projects in 2021, it is expected that 30 per cent of the school’s 26,000 student-population will be served, thereby reducing the pressure resulting from over subscription of privately owned off-campus residences. After approving the contract, Gov. Sanwo-Olu said the development further und