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Economic and Financial Crimes Commission - EFCC.

EFCC charges two bank staff over N197.2 million fraud

The Economic and Financial Crimes Commission (EFCC), has slammed a 21-count charge against two female staffers of Access Bank Plc.
Developers of the Eko Atlantic City Project have described the need to tackle housing deficit in Nigeria by bridging the Gap with infrastructure project to address the complexity of housing deficit problems adding that this would Reflate on the economy and lead the gateway for emerging markets.

Developers vow to tackle housing deficit to reflate economy for emerging markets

Developers of the Eko Atlantic City Project have described the need to tackle housing deficit in Nigeria by bridging the Gap with infrastructure project to address the complexity of housing deficit problems adding that this would Reflate on the economy and lead the gateway for emerging markets.
Nigerian National Petroleum Corporation (NNPC)

Official: NNPC not owing federation account N3.8 trillion

The Nigerian National Petroleum Corporation, (NNPC), has said that contrary to reports that it is owing the Federation Account the sum of N3.8 trillion, it is the Federation Account and Allocation Committee (FAAC) that’s owing it the sum of N787 billion from over draft.
The Lagos State Government has hinted of intensive efforts being made to abort the planned #OccupyLekkiTollGate protest as well as a competing #DefendLagos rally.

LCC decries bank debts, fate of over 500 workers

The Lekki Concession Company (LCC) has again appealed for the understanding of aggrieved youths who are bent on preventing the company from commencing the evaluation of the extent of the damage done to its assets on the night of Tuesday, October 20, 2020, citing the subsisting bank debts and the fate of its over 500 workers as compelling reasons the process ought to begin now.
LCC

LCC owes local, foreign lenders N11.6 billion, $31.1 million

The Lekki Concession Company (LCC) on Monday said it owes local and foreign lenders N11.6 billion and $31.1 million respectively.
L-R Permanent Secretary Office of Environmental Services, Mrs. Belinda Odeneye, Managing Director Lagos State Waste Management Authority (LAWMA), COO West Africa Energy, Lolade Oresanwo, Deputy British High Commissioner, Mr Ben Llewellyn-Jones and Commissioner for The Environment and Water Resources, Tunji Bello during a visit to the WestAfrica ENRG facility at the Igando landfill site over the weekend.

Britain endorses more foreign direct investments into Lagos

The British Government over the weekend gave a seal of approval for more foreign investments in Lagos, as plans get underway for the take-off of the first waste to energy plant in the State.

Senate confirms Bello Hassan as new NDIC chief

The Senate Wednesday confirmed the nomination of Mr. Bello Hassan as the new Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation (NDIC).
House of Representatives has elected to set a limit and timeframe for any person appointed as the Chairman of the Economic and Financial Crimes Commission, EFCC on acting capacity.

House of Reps raises concern over five-year unaudited FMBN, TETFUND accounts

The House of Representatives Committee on Public Accounts yesterday expressed dismay over the failure of the Federal Mortgage Bank of Nigeria (FMBN) and Tertiary Education Trust Fund (TETFUND) to audit their accounts for five years, describing it as worrisome and gross violation of the 1999 Constitution (as amended).
The House of Representatives on Tuesday reprimanded the Minister of Foreign Affairs, for the continuing maltreatment of Nigerians in the Diaspora.

Loan: House of Reps uncover N5 billion illegal waivers for Chinese firm

The controversy around the loans obtained from China assumed a disturbing dimension as the House of Representatives yesterday uncovered N5bn waiver illegally obtained by a Chinese firm.

FHA: Nigerian government set to provide 900 housing units in Oyo

To meet the yawning housing demands of Nigerians, the Federal Government is set to construct 900 housing units in Ibadan, the Oyo State capital.
Former world champion Amir Khan has tabbed WBC world champion Tyson Fury to defeat WBO, IBO, WBA, IBF champion Anthony Joshua, if the two British heavyweights ever collided in a unification.

Promoter hints of venue for Anthony Joshua vs Tyson Fury showdown

Eddie Hearn has hinted at a possible venue for the long-awaited heavyweight clash between Anthony Joshua and Tyson Fury.
7. There have been controversies in regards to the rate at which vehicles stopping at the arrival lounge of the Murtala Muhammed Aiport (MM1), also known as the General Aviation Terminal, are impounded by Turas Towing Services.

Controversy trails mass impounding of vehicles at Lagos airport terminal

There have been controversies in regards to the rate at which vehicles stopping at the arrival lounge of the Murtala Muhammed Aiport (MM1), also known as the General Aviation Terminal, are impounded by Turas Towing Services, the towing company responsible for enforcing sanctions to violators of airport traffic rules.
Nasarawa State Governor, Abdullahi A. Sule

Governor Sule: I’m on vacation, not medical tourism

Nasarawa State Governor, Abdullahi Sule has denied allegations that he is currently on medical tourism to the United States, stressing that he is visiting the US to see his children while on his annual vacation.
Managing Director of National Inland Waterways Authority (NIWA), Chief George Moghalu, has explained why he is eyeing the governorship seat of Anambra state come 2021.

2023: Why Southeasterners must work hard to clinch Presidency – George Moghalu

The Managing Director (MD) of the National Inland Water Ways (NIWA), Chief George Moghalu, has said that the south Eastern geopolitical zone must work hard to clinch the presidency. Moghalu made the statement in Nnewi,...

NSITF: Claims paid out to accident victims in workplace hits N1 billion

Acting Managing Director/Chief Executive of Nigeria Social Insurance Trust Fund (NSITF) Kelly Nwagha has said claims paid out to employees who got injured in the course of their work schedule is about N1billion.Acting Managing Director/Chief Executive of Nigeria Social Insurance Trust Fund (NSITF) Kelly Nwagha has said claims paid out to employees who got injured in the course of their work schedule is about N1billion.
Nigerian National Petroleum Corporation (NNPC) has disclosed that its Upstream subsidiary – Nigerian Petroleum Development Company (NPDC) is the largest producer of gas contributing 1bscfg-d to the domestic market for power generation.

Official: NPDC the largest gas supplier to domestic market

The Managing Director of the Nigerian Petroleum Development Company (NPDC), Mr Mansur Sambo, says the company is the largest supplier of the domestic gas in the country.

Nigerian government unveils prototype for mass housing scheme

The Federal government yesterday unveiled a prototype of its Mass Housing Scheme at Model House, Dei Dei, FCT, Abuja.
Senator Godswill Akpabio, the Minister of the Niger Delta Affairs, has reacted to what he called “a cornucopia of false, malicious, and libellous press interviews” granted by Ms. Gbene Joi Nuineh, the erstwhile Acting Managing Director of the Interim Management Committee, of the Niger Delta Development Commission, (NDDC) in some news and social media platforms and a “series of concerted vicious campaigns of calumny deviously orchestrated by her” against his person.

NDDC: Nigeria Delta monarch accuses Senator Akpabio of misleading President Buhari

Former National Executive Chairman, Traditional Rulers of Oil Minerals Producing Communities of Nigeria, TROMPCON, HM (Dr.) Charles Ayemi-Botu, aka Lion of the Niger, Tuesday, lashed out at the Minister of Niger Delta Affair, Obong Godswill Akpabio, saying he was bamboozling President Muhammadu Buhari to destroy the Niger Delta Development Commission, NDDC.

Troops takes over Edo transport service premises over crisis

The ECTS staff had staged a peaceful protest demanding the removal of the Managing Director, Mrs. Edugie Agbonlahor, over alleged non remittance of their pension contributions to the appropriate body.

Fidelity Bank to raise N75 billion through bond sale

Fidelity Bank Plc has started to raise N75 billion to support small and medium enterprises (SMEs), retail business as well as investments in technology and infrastructure. The financial institution is issuing N75 billion Series 1, 10 year Fixed Unsecured subordinated bonds under its N100 billion bond issuance programme. The offer opened on Monday December 7 and is expected to close on Monday December 14, 2020.
Chairman of Media Trust Limited, publishers of Daily Trust, Mallam Kabiru Yusuf, has been elected new president of the Newspaper Proprietors’ Association of Nigeria (NPAN).

NPAN elects Kabiru Yusuf as new chairman

Chairman of Media Trust Limited, publishers of Daily Trust, Mallam Kabiru Yusuf, has been elected new president of the Newspaper Proprietors’ Association of Nigeria (NPAN).
Fidelity Bank Plc has notified the Nigerian Stock Exchange (NSE) and the general public of the appointment of Mrs Nneka Onyeali-Ikpe, as the incoming Managing Director/Chief Executive Officer, effective Jan. 1, 2021.

Fidelity Bank assures stakeholders of sustained impressive performance

The Managing Director/CEO Designate, Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe, has assured capital market operators and other stakeholders of sustained impressive financial performance by the bank, noting that the corporate aspirations of the bank will remain the same under her leadership.

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Israel’s top court ruled Tuesday the government must curb its use of the domestic spy agency to track coronavirus infections, saying “draconian” surveillance constituted a blow to democracy.

Israeli court limits use of spy agency to track coronavirus cases

Israel’s top court ruled Tuesday the government must curb its use of the domestic spy agency to track coronavirus infections, saying “draconian” surveillance constituted a blow to democracy.
Okomu Oil company has given out cheques of N90,000 each to no fewer than 35 students of tertiary institutions from about 20 host communities in three local government areas where it operates in Edo.

Okomu Oil Palm wants central bank to review anchor borrowers programme

Okomu Oil Palm Company Plc. wants a review of CBN’s Anchor Borrowers Programme (ABP) to accommodate more farmers and to shore up the nation’s foreign earnings from agriculture.
The Minister of State for Health, Senator Olorunnimbe Mamora, confirmed this during a chat with newsmen on Monday.

Minister: Nigerians who received coronavirus vaccines abroad must get tested upon arrival

The minister of state for health, Olorunnimbe Mamora, says Nigerians who have received COVID-19 vaccines abroad will still be required to take polymerase chain reaction (PCR) tests upon arrival in the country.
The Northern Governors Forum says the current system of open grazing, operated by herders in the country, is no longer sustainable.

Fulani group warns members against negative acts as herders flock to Kwara

The Fulani Community Association in Kwara has advised its members to avoid negative tendencies capable of undermining the peaceful coexistence of the state.
Former U.S. President Donald Trump has warned that under the Biden administration, the country’s dependence on foreign oil may increase and energy prices could rise.

Donald Trump says he predicts ‘energy disaster’ for America

Former U.S. President Donald Trump has warned that under the Biden administration, the country’s dependence on foreign oil may increase and energy prices could rise.

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President Muhammadu Buhari and Senate President Ahmed Lawan on Monday met behind closed door to chart ways of addressing the spate of insecurity in Nigeria.

Insecurity: President Buhari, senate president hold talks

President Muhammadu Buhari and Senate President Ahmed Lawan on Monday met behind closed door to chart ways of addressing the spate of insecurity in Nigeria.
The number of coronavirus-associated deaths in Lagos State increased to 181 on Wednesday with four more fatalities, said the state’s Health Commissioner, Prof Akin Abayomi.

Lagos government begins ‘deep refurbishment’ of general hospitals

The Lagos State Government has commenced phased refurbishment and renovation of all general hospitals in the State in line with the current administration’s medical infrastructure blueprint strategy which is aimed at revamping health facilities and make them fit for purpose.
Bandits on Saturday killed three persons and injured one in Kajuru local government area of Kaduna State.

The violence and insecurity affecting Nigeria

The incident is the second such kidnapping in just over a week and the third since December in Nigeria's north, where a surge in armed militancy has led to a widespread breakdown of security.
Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar Farouq made the announcement during a meeting with Governor Abdullahi Sule.

Minister inaugurates 259 monitors for N-SIP projects in Adamawa

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, has inaugurated training for 259 Independent Monitors to supervise Integrated National Social Investment Program (N-SIP) at community level in Adamawa state.
American golfing icon Tiger Woods has been taken to hospital with what reports called “multiple leg injuries” after his car somersaulted in a crash.

Tiger Woods transferred to Los Angeles hospital for further treatment

Golf superstar Tiger Woods has been transferred to a Los Angeles medical facility for further treatment, according to a statement Thursday from the hospital where he underwent surgery for serious leg injuries after his car crash.