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The Director General of the Securities and Exchange Commission, SEC, Lamido Yuguda, has stated that the capital market has a lot of potentials for growth and development of Nigeria post COVID-19 and beyond.

New SEC chief Lamido Yuguda assumes office

The Director General of the Securities and Exchange Commission, SEC, Lamido Yuguda, has stated that the capital market has a lot of potentials for growth and development of Nigeria post COVID-19 and beyond.

Senator Okorocha drags Imo panels, EFCC to court

Members of the seven panels set up by Imo State Government, to critically look into specific activities of the state government, between 2011 and 2019, have been dragged to the Federal High Court, Abuja, by Senator Rochas Okorocha.
African Action Congress AAC

Edo guber: Why AAC candidate’s name missing on contestants list – INEC

The Independent National Electoral Commission (INEC) has said that the African Action Congress (AAC) did not submit its nomination for Sept. 19 Edo Governorship election.
President Muhammadu Buhari is currently presiding over the Emergency National Executive Council, NEC, meeting of the All Progressives Congress, APC, at the Council Chamber, Presidential Villa, Abuja.

SERAP gives President Buhari 14 days to probe over N300 billion missing public funds

Socio-Economic Rights and Accountability Project (SERAP) has given President Muhammadu Buhari 14 days to “direct the Attorney General of the Federation and Minister of Justice Mr Abubakar Malami, SAN, and appropriate anti-corruption agencies to urgently investigate allegations that over N300bn of public funds are missing, mismanaged, diverted or stolen, as documented in the 2017 audited report by the Auditor General of the Federation (AGF).”

FRSC board approves appointment of 2 deputy corps marshal from North Central

The Federal Road Safety Commission Board has during its meeting on 3 May, 2020 after due consideration of the report submitted by the Establishment Committee in respect to the 2019 promotion, approved the promotion of 2 Assistant Corps Marshals (ACM) from the North Central geopolitical zone to the rank of Deputy Corps Marshal with immediate effect.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Court jails three oil thieves in Lagos

A Federal High Court sitting in Ikoyi, Lagos State, has convicted and sentenced three men Edward Alade, Emmanuel Amqawei and Kennedy Segbenu to one year imprisonment each for illegally dealing in petroleum products.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

PSC approves promotion of over 6,000 police officers

According to Mr Ikechukwu Ani, the Head, Press and Public Relations at PSC, the promotions “were one of the highpoints of the 8th Plenary Meeting of the Commission which spanned a period of three weeks and ended on Wednesday, July 1st, 2020. It was presided over by the PSC Chairman, Musiliu Smith, a retired Inspector General of Police.”

Navy seizes vessel, arrests five suspects for illegal bunkering in Akwa Ibom

The Nigerian Navy Ship Jubilee (NNS) on Tuesday said that it has seized a vessel used for oil bunkering and arrested five suspects in Akwa Ibom.

Nigerians, others excluded from list of travellers to Europe

Nigerians have been excluded from the list of countries whose nationals will be allowed in the region when the borders are open from July 1 by the European Union Commission.
Niger Delta Development Commission (NDDC)

Akwa Ibom communities lament NDDC neglect

The oil-producing communities of Eastern Obolo in Akwa Ibom State have lamented that the region has been neglected and marginalised despite contributing most of the oil revenue in the state.
Lazarus Chakwera has won the rerun of the presidential election. AFP

Malawi opposition leader ousts President Mutharika in re-run polls

Malawi Electoral Commission (MEC) late Saturday declared opposition alliance leader Lazarus Chakwera as the winner of Tuesday’s presidential re-run election.
Mr Babatunde Irukera, a governorship aspirant of the All Progressives Congress (APC) in Kogi, says that he is contesting in the Kogi governorship election to fulfil his vision for the development of the state.

FCCPC: Regulatory agencies synegy will guarantee robust consumer protection

The Federal Competition and Consumer Protection Commission (FCCPC) says the collaboration of all regulatory agencies will guarantee a vibrant consumer protection activities in the country.

Baba Ijebu, Bet9ja remit N1 billion debt arrears to lottery commission

The National Lottery Trust Fund (NLTF) has revealed that two lotto operators, Premier Lotto (a.k.a Baba Ijebu) and KC Gaming (a.k.a Bet9ja), have remitted a total of N1 billion to the federal government.
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has been granted an order to forfeit 60 buildings linked to a deputy commandant of Nigeria Security and Civil Defence Corps (NSCDC).

ICPC operatives arrive Kwara to track constituency projects

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it is tracking 250 constituency projects in Kwara.
European Union (EU) leaders will hold a video summit on Thursday in a bid to agree on a shared fiscal response to a recession looming as a result of the coronavirus pandemic, though there is little hope of a breakthrough.

European Union holds off decision on borders; Americans set to be excluded

European Union countries failed to settle on Friday on a final "safe list" of countries whose residents could travel to the bloc from July, with the United States, Brazil and Russia set to be excluded.
Ibrahim Magu

Ibrahim Magu: EFCC to go after Nigerian looters hiding in Ghana

Mr Ibrahim Magu, Acting Chairman of the Economic and Financial Crimes Commission (EFCC), says many Nigerian looters are hiding in neighbouring Ghana.

Court orders: INEC urges NBA to call members to order

The Independent National Electoral Commission (INEC) has urged the Nigerian Bar Association (NBA) to impress on senior members of the bar to put the country’s interest and the judiciary above every other interests.
An Ilorin, Kwara State lawyer Olarewaju Aluko and his client, Taiye Na’Allah, on Thursday sued the Economic and Financial Commission (EFCC) at a Kwara State High Court for alleged defamation of character.

EFCC arrests six suspected internet fraudsters in Abuja

The Economic and Financial Crimes Commission (EFCC) says its Abuja Zonal Office has arrested six suspected internet fraudsters for alleged involvement in cyber crimes.

Recent Stories

Ibrahim Magu ‘suspended’ as acting EFCC chairman

Ibrahim Magu has been suspended as the Acting Chairman of the Economic and Financial Crimes Commission (EFCC).
Kai Havertz is reportedly dreaming of a move to the Premier League according to Bayer Leverkusen team-mate Wendell, handing Chelsea a boost in securing a potential transfer for the German this summer.

Chelsea in pole position to sign €100 million Kai Havertz as clubs pull out...

Chelsea are in pole position to sign Bayer Leverkusen star Kai Havertz after a number of rival suitors were put off by the €100 million (£90m/$112m) price tag being placed on him this summer.
Mainz forward Taiwo Awoniyi has expressed disappointment following the side’s 1-0 home defeat to Hoffeinhem on Saturday.

Mainz target new deal for on loan Nigeria forward

Mainz chief Rouven Schröder says management were delighted with the attitude and enthusiasm of the young forward and are eager to work with him again.

WAEC: 1.5 million candidates to write May/June 2020 WASSCE in 5 weeks

The West African Examinations Council (WAEC) on Tuesday revealed that about 1, 549, 463million candidates are expected to write the May/June 2020 West African Senior School Certificate Examination (WASSCE) scheduled to start first week of August nationwide and in three countries.

Angola agrees to comply fully with oil cuts after OPEC pressure – sources

Angola has agreed with OPEC to comply fully with a global pact on supply curbs and will compensate for previous overproduction by cutting more from July to September, two OPEC sources said.