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First Bank of Nigeria

EFCC arrests finance chief of ex-President Jonathan’s campaign over alleged N69 billion fraud

The Economic and Financial Crimes Commission has arrested Dr. Ngozi Olojeme, the Deputy Chairman, Finance Committee of the Goodluck Jonathan Campaign Organisation in the 2015 presidential election.

Civil servant bags 35 years in jail over N2.5m fraud

A civil servant with Benin Owena River Basin Development Authority (BORBDA), Mr. Monday Isiorh Okoh, has been sentenced to 35 years in jail for mismanaging the agency’s N2.5 million.

Pensioners seek direct pay from allocations to indebted states

A suit has been filed asking the ECOWAS Court of Justice to “order the government of President Buhari to deduct the pensions, salaries and gratuities of pensioners and workers from the statutory allocations of indebted state governments and pay the same directly to the pensioners and workers on a monthly basis”.

SERAP, pensioners drag federal govt to ECOWAS Court over unpaid pensions, salaries

They want immediate payment of all outstanding pensions, salaries and gratuities through deductions from statutory allocations of the indebted state governments, and payment of adequate money compensation of N50 million to each of the pensioners and workers.

Banks begin compilation of accounts without BVN

Deposit Money Banks on Friday began compilation of customers’ accounts without Bank Verification Numbers.

EFCC probes Governor Ayodele Fayose over alleged diversion of bailout funds

The Economic and Financial Crimes Commission (EFCC) is investigating the Ayodele Fayose government in Ekiti for alleged diversion of over N680million meant for salaries and pension of civil servants .

N3.2bn Benue councils funds diverted in 3 years – FG

The Federal Government has revealed how five officials allegedly diverted the sum of about N3.2bn belonging to the Association of Local Governments of Nigeria in Benue State within 71 months.

Court jails property agent for absconding with N1.6m

A Karmo Grade 1 Area Court, Abuja, on Thursday sentenced one Ibrahim Ahmed, a house agent, to 16 months imprisonment for absconding with a prospective tenant’s N1,650,000.

Zenith Bank provides for 30% of 9mobile’s loan

Zenith Bank says it has made a provision on 30 percent of its loan to 9mobile, telecommunications company formerly known as Etisalat.

Court orders permanent forfeiture of Diezani’s $37.5m mansion to fed govt

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.

Nigerian banks want to reposition 9mobile before sale – FBN

First Bank of Nigeria (FBN) says the Nigerian Banks who took over 9mobile — formerly known as Etisalat Nigeria — are stabilising the telecommunication company before looking for new investors to buy into the company.

Recent Stories

Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has again accused President Muhammadu Buhari of clamping down on the judiciary.

Tribunal: I have not been certified – Atiku Abubakar’s data analyst

Petitioners’ Witness 60, Joseph Gbenga, called by Peoples Democratic Party and its presidential candidate, Alhaji Atiku Abubakar, as an expert witness admitted before the Presidential Election Petitioner Tribunal, on Friday, that he had not been certified.
Justice Darius Khobo of Kaduna State High Court, on Thursday, adjourned hearing in the application for permission to travel to India for medical attention filed by Ibrahim El-Zakzaky and his wife, Zinat, to July 29.

Presidency: Court will decide Ibraheem El Zakzaky’s fate

The Presidency has enjoined El-Zakzaky-led Shiite members to desist from needless violent street protests and await the decision of the court in Kaduna where their leader is currently being tried.

Governor Masari pushes for collective dialogue with bandits in North-West

Gov. Aminu Masari of Katsina State says, for dialogue and amnesty programme for cattle rustlers and bandits in the Northwest to succeed, it must involve all state governments in the zone.

Tailor arrested over alleged N1.48 million fraud

A 47-year-old tailor, Popoola Abolade, was on Friday brought before a Yaba Magistrates’ Court in Lagos, for allegedly defrauding a company of N1.48 million.
All Progressives Congress (APC) Nigeria

Kogi guber: APC stakeholders drag NWC to court

The All Progressives Congress (APC) stakeholders Kogi State chapter, have taken legal action against the party’s National Working Committee (NWC) over the indirect mode of primaries adopted by the national leadership for the election of candidates for the November 16 Kogi State governorship poll.