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S.A Atteh

Lagos socialite Fred Ajudua moves to quash alleged $1m fraud charge

A one-time Lagos socialite and businessman, Fred Ajudua, on Monday asked an Ikeja High Court to quash a one million dollar fraud charge brought against him by the Economic and Financial Crimes Commission (EFCC).

Lagos socialite Fred Ajudua’s $1m fraud case adjourned till November 30

Justice Josephine Oyefeso of an Ikeja High Court on Monday adjourned till November 30, a $1 million fraud case against Lagos socialite, Fred Ajudua.

Recent Stories

Sa’ad Idris named substantive INEC’s TEI chief

Dr. Sa’ad Umar Idris has been appointed as the substantive Director General of the Electoral Institute, TEI, by the Independent National Electoral Commission, INEC.
Asiwaju Ahmed Tinubu addressing newsmen shortly after cating his vote in a polling unit at Alausa, Ikeja earlier today. Photo by Ayo Efunla

Asiwaju Tinubu: Why I’m supporting Senator Lawan, Rep Gbajabiamila

Asiwaju Bola Tinubu, a national leader of the ruling All Progressives Congress (APC), said on Sunday that his interest in the leadership of the ninth National Assembly had nothing to do with any personal or presidential ambition in 2023 as being speculated in some quarters.

DisCos may cede networks to third-party power distributors

Worried by the inability of the 11 distribution companies to distribute power to many consumers, the Nigerian Electricity Regulatory Commission (NERC) has said it is considering a new regulation to allow third-party investors take up and maintain parts of the vast electricity distribution networks currently owned by the Discos.
rice importation

Idris Zuru: Over 20 million bags of rice smuggled into Nigeria daily

The high increase of smuggling of foreign rice into Nigeria’s on daily basis has been described as a serious threat to the Anchor Borrowers Programme of the Central Bank of Nigeria (CBN) and local production of rice.
Zainab Ahmed

Minister: We are mindful of our borrowings

The Minister of Finance, Mrs. Zainab Ahmed, has stated that while the federal government borrows to deliver on its promises, it was also mindful of rising debt burden, which eats up about 25 per cent of the country’s annual earnings.