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NSE market capitalisation increases by N40 billion

Trading activities on the Nigerian Stock Exchange (NSE) on Friday sustained growth profile with market capitalisation appreciating by N40 billion.

Patience Jonathan debunks EFCC claim of N2.1 billion belonging to late mother Charity Oba

Former First Lady, Mrs. Patience Jonathan, has described reports that the Economic and Financial Crimes Commission, EFCC, traced N2.1 billion to her dead mother’s account as spurious, baseless and intended to mislead the public.

I spent N3.5 billion on sick children – Patience Jonathan

Mrs. Patience Jonathan says her foundation Aruera Reachout Foundation, spent over N3.5bn for the treatment of 700 children and adults with heart-related ailments.

EFCC traces N2.1 billion to Patience Jonathan’s late mom’s account

The Economic and Financial Crimes Commission has traced N2.114bn to the bank account of Magel Resort Limited, which was allegedly owned by Mrs. Patience Jonathan and her late mother, Mama Charity Oba.

House of Reps’ panel orders EFCC chief Magu’s arrest over Patience Jonathan’s petition

The House of Representatives Committee on Public Petitions on Wednesday ordered an arrest warrant against the Acting Chairman of the Economic and Financial Crimes Commission, Mr. Ibrahim Magu.

How Abba Moro, others shared N675m NIS recruitment money – witness

Two prosecution witnesses appeared before the Federal High Court in Abuja on Wednesday, narrating how the sum of N675,675,000 realised from 675,675 applicants who applied for job placement at Nigerian Immigration Service in 2014, was shared.

Anambra guber: Tell the people how you spent N75bn I left behind – Obi...

Former Governor of Anambra State, Mr. Peter Obi, has advised his successor, Chief Willie Obiano, to focus on telling the people of Anambra State what he has done for them in almost four years, rather than using the non-existent demand for N7 billion as an excuse to hide his gross incompetence.

Nasarawa revenue board clamps down on banks

Nasarawa State Internal Revenue Board, NSIRS, has begun to clamp down on commercial banks for allegedly hoarding information on personal income tax and connivance.

Lawyer in court for alleged forgery

The police in FCT, Abuja, on Thursday arraigned a lawyer, Clifford Eze, who allegedly forged a landed property document to defraud another man of N1 million.

Reps have no right to order unfreezing of Patience Jonathan’s account – Sagay

The Chairman, Presidential Advisory Committee Against Corruption, Prof. Itse Sagay (SAN), has asked banks to ignore the demand by the House of Representatives’ panel to unfreeze accounts of former First Lady, Mrs. Patience Jonathan, in six banks.

Reps order banks to unfreeze Jonathan’s wife accounts

The House of Representatives Committee on Public Petitions on Tuesday ordered banks to unfreeze accounts belonging to former First Lady, Mrs Patience Jonathan, without no specific restriction orders from any competent court of law.

Pensioner loses over N500,000 to fraudster

A pensioner, Comfort Ashaye, has lost over N500, 000 to fraudster and she believes that the bank has a hand in her loss.

Zamfara govt’s accounts frozen over alleged N600m debt

Justice Nnamdi Dimgba of the Federal High Court in Abuja has granted an order freezing the accounts of the Zamfara State Government in 20 banks in the suit No. FHC/ABJ/CS/728/17.

NSE market moves 373.49m shares worth N5.77bn

A total of 373.49 million shares valued at N5.77 billion were traded in 4,193 deals on the Nigerian Stock Exchange (NSE) on Tuesday.

Otti urges EFCC, ICPC to beam searchlight on past govts

He also called on the National Assembly to quickly review and withdraw its approval of 200 million Dollar loan approved for Abia State government.

Customer alerts bank to reverse over N7.3 million mistaken transfer

A Nigerian engineer on Tuesday drew the attention of his bank following a mistaken transfer of over 7.3 million naira (equivalent to about $20,100) into his account.

13 millionaires emerge as Diamond Bank raffle draws

Diamond Bank Plc has created additional 13 millionaires in its daily extraordinary draws across the six geopolitical zones of Nigeria’s economy.

Nigerian equity market down by 0.11 per cent

The Nigerian Stock Exchange (NSE) on Thursday recorded the first loss in the month of August with the market indices dropping by 0.11 per cent due to profit taking.

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The European Union (EU) said it co-funded the Abidjan-Lagos Highway Corridor to stimulate investments, strengthen competitiveness of the territories and encourage regional integration for growth and job creation.

EU: Why we co-funded Abidjan-Lagos highway corridor

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Federal government urged to raise VAT to 7 percent

If the country is to reduce unemployment and stimulate economic growth, the federal government has been advised to take bold steps which includes raising the Value Added Tax (VAT).