Recent Posts

Recession: Nigerian Mogul, Femi Otedola Loses $1.3bn in Value

Recession: Nigerian Mogul, Femi Otedola Loses $1.3bn in Value Latest ranking of the world’s richest people by Forbes has shown that oil tycoon and Nigerian business mogul, Femi Otedola‘s net worth has plunged from $1.8 billion to $550 million as the economic downturn has led to a massive drop in the stock price of Forte Oil, the Nigerian Stock Exchange-listed …

Read More »

Dwindling IGR: Gov. Aregbesola introduces development levy

Dwindling IGR: Gov. Aregbesola introduces development levy Worried by the dwindling fortune of the state in the area of revenue geration,  the Governor of Osun State, Ogbeni Rauf Aregbesola has introduced the Economic Development Levy programme (EDL) to increase the state’s Internal Generated Revenue to meet the demands of the people in the area of infrastructure amongst others. With the …

Read More »