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The Economic and Financial Crimes Commission (EFCC) has filed an application before the Federal High Court in Lagos seeking the permanent forfeiture of the sums of N664,475,246.6, $137,680.11 and property it recovered from the Permanent Secretary in the Federal Ministry of Labour and Productivity, Dr Clement Illoh Onubuogo, to the Federal Government.
Justice Chuka Obiozor of the Federal High Court in Lagos yesterday fixed September 22 to entertain the application for the final forfeiture of four properties in Lagos, River State, and Abuja, valued at N2,611,592,199 linked to the former Minister of Petroleum Resources, Diezani Alison-Madueke and her associates.
The N300 million suit slammed on the Inspector-General of Police, Ibrahim Idris, and three others by suspected billionaire kidnapper, Chukwudumeme Onwuamadike (also known as Evans), challenging his continued detention was on Tuesday adjourned till September 21.
A federal high court sitting in Lagos has ordered the permanent forfeiture of N7,646,700,000 said to have been illegally kept in Sterling Bank.
A Federal High Court sitting in Lagos on Wednesday ordered the interim forfeiture of the sum of N7,646,700,000 allegedly kept in Sterling Bank Plc by former Petroleum Resources Minister, Diezani Alison-Madueke.
The Federal Government on Tuesday at the Federal High Court sitting in Lagos filed an application seeking to withdraw its suit against seven banks accused of violating the Treasury Single Account (TSA) policy.
The Federal Government has filed a notice of discontinuance of the suit it filed against seven commercial banks seeking the remittance of the sum of $793.2 million allegedly hidden with them in contravention of the Treasury Single Account policy.
The Federal High Court in Lagos has ordered that a $37.5m mansion on Banana Island, Lagos linked to a former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, be permanently forfeited to the Federal Government.
Patience Oniha, director general of the Debt Management Office (DMO), says the federal government has plans to release more Eurobonds by the fourth quarter of 2017.
An Okitipupa Magistrates’ Court in Ondo State on Tuesday remanded a scavenger, Hammed Hamayau, 22, in prison for failing to meet his bail conditions.
Dangote Foundation and GBCHealth have joined forces to forge a new model of partnership, African Business Coalition on Health (GBCHealth) in Africa.
Christian Council of Nigeria, CCN, has called on government at all levels, parents, traditional and religious leaders, civil society organisations and the media to take action to end all forms of violence against children.
Executive Director, British American Tobacco Nigerian Foundation, Ms Abimbola Okoya, has stated that the foundation has invested about N1 billion through agricultural projects in the country.
No fewer than 53 traders were feared dead in a boat accident on River Niger in Bagudo, Kebbi State.
The Nigeria’s Ambassador to Indonesia, Mr. Hakeem Balogun, has expressed desire to deepen existing economic ties between Nigeria and Indonesia
Manchester United legend Gary Neville has praised Super Eagles forward Alex Iwobi for his hard-work in Arsenal’s 0-0 draw against Chelsea in the Premier League on Sunday.
The Ministry of Power, Works and Housing has signed a tripartite agreement of N120 billion with Nigeria Liquefied Natural Gas (NLNG) and Julius Berger Plc. for the construction of Bonny-Bodo road.
The Eze Igbo in Zamfara state, Igwe Egbuna Obijiaku, has commended the South East Governor’s Forum for banning the activities of the Independent Peoples of Biafra (IPOB).