Day: November 1, 2021

BREAKING: EFCC arrests Nigeria’s Flamboyant Billionaire, Obi Cubana

Precious Ibekwe

The Nigeria’s anti-graft agency, Economic and Financial Crimes Commission (EFCC), has arrested flamboyant billionaire hotelier and club owner, Obi Iyiegbu, popularly known as Obi Cubana. Platforms Africa reports that the EFCC arrested Obi Cubana, a Nigerian entrepreneur and businessman, who chairs the Obi Cubana group of companies, on Monday at about noon. He was taken to the headquarters of the EFCC at Jabi, Abuja to be interrogated by operatives of the commission. The reasoñ for the arrest is yet to be given as at press time. But sources at the…

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JUST IN: How 25-Storey Building Collapsed on Owner, 24 Others in Lagos

Tade Salako

Lagos State Emergency Agency (LASEMA) has given details of how a 25-storey building collapsed in the high-brow Ikoyi part of the Nigeria’s commercial capital. Spokesperson for the LASEMA, Nosa Okunbo, wgo confirmed this to Platforms Africa, declared that his agency is on top of the situation. “A 25-storey building collapsed by Musliu Junction, Ikoyi, Lagos. LASEMA is on top of the situation,” he said. READ ALSO: JUST IN: One Dies, 3 Missing In Lagos 2-Storey Mansion Collapse + LOCATION OML 40: Seplat Announces Sibiri Well Drilling, Raises 2021 CapEx to…

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Trading Suspension: Stakeholders Warn Lekoil Cayman of Imminent Delisting

Efe Wellington

A group of Lekoil shareholders operating under the name Concerned Shareholders, has written to the company’s board of directors requesting to know what is being done to ensure that the suspension of trading in the company’s shares is lifted and avoid its imminent delisting. Platforns Africa reports that Lekoil Cayman Limited was suspended from trading the company’s Ordinary Shares on the Alternative Investment Market (AIM) under Rule 19 and 40 with effect from October 1, 2021, pending the publication of its Accounts. READ ALSO: I insist, No COVID-19 in Kogi,…

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