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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 wonder bank operators over alleged N2 billion scam

Operatives of the Economic and Financial Crimes Commission, EFCC, Port Harcourt Zonal Office, have arrested 19 staff of a fake investment company allegedly floating a Ponzi Scheme, with which they have defrauded members of the public N2,000,000,000.

FBI burst: Nigeria to repatriate funds stolen by fraudsters – NFIU

The Federal Government has begun the process of repatriating funds allegedly stolen by Nigerian fraudsters from individuals and corporate organisations in the United States of America and other parts of Europe.

CAC updates registration for SMEs, others

In line with the ease of doing business policy, the Corporate Affairs Commission (CAC), has made changes to the pre-incorporation and post-incorporation processes on its portal.
President Muhammadu Buhari has felicitated with all the 2019 Nigerian pilgrims over the successful completion of their Hajj rites and the Eid-el-Kabeer celebration.

Presidency moves to strengthen fiscal discipline in Aso Rock

The Anti-Corruption and Transparency Monitoring Unit, ACTU, in the Presidency, yesterday declared the unit’s willingness to partner with MBA Forex and Capital Investment Limited to improve a culture of accountability and transparency in the country.

NIMC extends NIN enrolment to Nigerians in Austria, Germany

The National Identity Management Commission (NIMC), has concluded plans to extend National Identification Number (NIN) enrolment to Nigerians in the Diaspora, who are residing in Austria and Germany.

Court officials raid Bet9ja over ‘name, seal infringement’

Sheriffs of the Federal High Court, Lagos on Thursday raided a Lagos office of online bookmaker Bet9ja and recovered a seal suspected of infringing the copyright of Lotto9ja Ltd, owned by rival bookmaker, Western Lotto Nigeria Ltd.
Vice President Yemi Osinbajo stated this at the end of a four week-training for 1500 youths who participated in the N-Creative programme held in Benin.

VP Osinbajo: Nigeria’s future bright

Corporate Affairs Commission, CAC, Vice President, Yemi Osinbajo, has again reassured that Nigeria’s future is bright going by the progress being made by the Micro, Small and Medium Enterprises (MSMEs).

Anambra markets union suspends ex-president as BoT member

The Amalgamated Market Traders Association of Anambra State (AMATAS) has suspended the immediate past President General of the Union, Chief Okwudili Ezenwankwo, as Board of Trustees (BOT) member of the association.
Mary Uduk - The Securities and Exchange Commission (SEC) has urged investors with multiple shareholding accounts to regularise such before December 31, 2019.

Clarion call for SEC, other agencies to respect rule of law

If the SEC goes ahead with this action it will be in clear violation of the interim injunction obtained by Oando’s principals Adewale Tinubu, the Group Chief Executive and Omamofe Boyo, the Deputy Group Chief Executive which restrains SEC, its servants and agents from directing or requesting any agency of the Government to act upon its decisions contained in its letter of 31st May pending the hearing.

NDIC begs Senate over speedy passage of amended Act

The Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, has appealed to the 9th Senate for the speedy passage of the pending NDIC Act, 2006 (as amended) currently before the National Assembly.

Seadogs: We are not a secret cult

The National Association of Seadogs, (NAS) has said that the confraternity was not a secret cult as erroneously believed.
The unavailability of documents from the Corporate Affairs Commission (CAC) has stalled the forgery trial of John Abebe, the younger brother of former first lady, late Mrs Stella Obasanjo on Friday in an Ikeja Special Offences Court.

Trial of Stella Obasanjo’s brother alleged forgery stalled

The unavailability of documents from the Corporate Affairs Commission (CAC) has stalled the forgery trial of John Abebe, the younger brother of former first lady, late Mrs Stella Obasanjo on Friday in an Ikeja Special Offences Court.

Imo town unions presidents threaten self defence against herdsmen

Following the recent herdsmen-farmers clash in the eastern zone, town union presidents under the aegis of the Indegenous Imo Town Unions (IITU) and their counterparts in the southeast have threatened to resort to self defence if the federal government fails to address the menace of herdsmen in the region.

Full report of commission that accused Emir Sanusi of fraud

Highlights of the 19-page document includes the indictment of individuals, amounts involved, obstruction of investigation by suspects and recommendations.

SEC orders Oando chief Wale Tinubu, others to resign

The Securities and Exchange Commission has concluded its investigation of Oando Plc and ordered the Group Chief Executive Officer of the company, Mr Wale Tinubu, and other affected board members to resign.

Miyetti Allah: We protect economic interest, speak for nomads

Fulani herdsmen organisation, Miyetti Allah Cattle Breeders Association of Nigeria, has expressed displeasure with the criticisms against the group’s comparison with the pan-Yoruba socio-political group, Afenifere, and the apex Igbo body, Ohanaeze Ndigbo.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Court revokes ex-banker’s bail in alleged forgery trial

A Lagos High Court sitting in Ikeja has revoked the bail granted to a former banker, Chester Ukandu, who is standing trial for alleged forgery and impersonation.

CAC extends registration window for small businesses by 90 days

The Corporate Affairs Commission (CAC) has given micro, small and medium-scale enterprises (MSMEs), 90 extra days to register their business names at the reduced cost of N5,000.

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A Nigerian female accomplice of embattled P&ID firm, Mrs Grace Taiga, has been remanded in Suleja Prison according to an EFCC press statement.
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Powerful typhoon triggers blackout in southern Japan

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Professor Biodun Ogunyemi

ASUU wants federal government’s visitation panel to halt crises in varsities

Professor Biodun Ogunyemi, President, Academic Staff Union of Universities, has called on the Federal Government to send a visitation panel to universities to douse tension and prevent further breakdown of industrial relations in campuses.
Manchester City are keeping tabs on 15-year-old Turkish midfielder Altinordu midfielder Burak Ince.

Manchester City monitoring 15 year-old Turkish midfielder

Manchester City are keeping tabs on 15-year-old Turkish midfielder Altinordu midfielder Burak Ince.

Femi Falana: What federal government should do before implementing increase in VAT rate

Human Rights Lawyer, Femi Falana, has called on the Federal Government to propose a Money Bill to the National Assembly before the implementation of the increase in Value Added Tax (VAT).