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NCC notifies Nigerians on internet scam

The Nigerian Communications Commission has notified Nigerians on the increasing incidents of fraud across various internet platforms, especially on social media networks.
The Cybercrime Unit of the Nigeria Police Force, INTERPOL, National Central Bureau, Abuja has arrested two (2) suspects for their complicity in a major multi-million Euro scam touching on procurement of COVID-19 Personal Protective Equipment (PPE).

INTERPOL nabs two Nigerian nationals for defrauding German company of €14.7 million

The Cybercrime Unit of the Nigeria Police Force, INTERPOL, National Central Bureau, Abuja has arrested two (2) suspects for their complicity in a major multi-million Euro scam touching on procurement of COVID-19 Personal Protective Equipment (PPE).

Edo guber: PDP, APC clash over fresh allegations to rig election

The acrimony between the Peoples Democratic Party and the All Progressive Congress seems not to be abating as the PDP has alleged a plot by the APC to manipulate the September 19 governorship election in Edo State.

Central bank grants 9mobile service payment bank license

9PSB (Payment Service Bank), a subsidiary of 9mobile, says it has been granted approval by the Central Bank of Nigeria (CBN) to commence operations in the country.
It would be recalled that the Kogi State Government leased the Confluence Beach Hotel and Gulf Club to Capital Boutique Limited, a private investor earlier in the month. The move has been criticised by some people in the State.

Group opposed business agreement on Confluence Beach Hotel

A social cultural organization, Kogi Patriotic Group, KPG, has rejected in strong terms the handing over of public assets belonging to the Kogi people by the State Government, under translucent circumstances, describing such as a rape of the people.
Ibrahim Magu . EFCC

Ibrahim Magu opens up on ‘missing interest’ of N550 billion recovered fund

Ibrahim Magu, the suspended acting Chairman of the Economic and Financial Crimes Commission, EFCC, has denied the claim that he failed to account for the interest in the N550 billion recovered fund kept in the Central Bank of Nigeria, CBN, custody.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Four persons in Police net over fake bank alerts

The Police on Monday said they have arrested four suspects over alleged generation of fake bank alerts and sending same as evidence of online payment for transactions to defraud their victims.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Man arrested for killing cousin over N2 million

The police in Auchi, Edo State, on Tuesday, arrested a 30-year-old man, Endurance Eshegbai, popularly called Koma, for the murder of his cousin, Usman AbdulLateef, over the sale of a parcel of land for N2m.
Economic and Financial Crimes Commission - EFCC.

EFCC investigates assault on Shawarma seller by officers

The Economic and Financial Crimes Commission says it has launched an investigation into the alleged assault of Ms Mnena Ato, the Managing Director and Chief Executive Officer, Star Shawarma, Makurdi, Benue State.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stock market capitalisation gains N80 billion on last trading day of April

The Nigerian Stock Exchange (NSE) market capitalisation on Thursday closed the last day of April with N80 billion gain, following sustained demand for blue chips.

Federal government to begin sale of new housing units nationwide

The Minister of Works and Housing, Mr. Babatunde Fashola, on Wednesday said the ministry would soon commence the sale of housing units built under the National Housing Programme, nationwide.

Court-ordered meeting forces Dangote Flour to postpone AGM

The management of Dangote Flour Mills on Friday announced the postponement of the company’s Annual General Meeting (AGM) for the year ended December 2018.
Nuhu Ribadu

Nuhu Ribadu: Why governors are often under probe

The pioneer chairman of the Economic and Financial Crimes Commission (EFCC), Nuhu Ribadu, has said Nigerian governors are often subject of corruption probes because they control a large chunk of resources and exercise power in their states.

Olam offers N130 billion to acquire Dangote Flour Mill

Dangote Flour Mills, in a notice to the Nigerian Stock Exchange (NSE), said that the total consideration offered by Olam to acquire its five billion shares was N130 billion.

Union bank replies EFCC over $2.8 million intercepted at Enugu airport

Union Bank has reacted to the $2.8 million dollars intercepted by the Economic and Financial Crimes Commission (EFCC) at the Enugu International Airport on Friday.

Turnover in fixed income, currency markets hits N14.3 trillion in May

Transaction turnover in the Fixed Income and Currency (FIC) markets for the month of May amounted to N14.30trillion, a 4.30 percent (N0.64trn) decrease from the value recorded in April and a 50.60 percent (N4.80trn) increase Year on Year.

Aviation sector’ll benefit from AfDB’s $2 billion facility – Hadi Sirika

The African Development Bank is focusing on Nigeria’s aviation sector as it provides financial assistance of over $2bn for the development of aviation infrastructure in different countries.

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The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police lay siege on Delta hotel, denies NGO from holding meeting

Authorities of the Nigeria Police Force, on Friday, deprived an NGO, Brothers Across Nigeria, BAN, from holding her General Assembly at a popular Delta hotel in Ughelli, as armed police officers laid siege around the premises of Wetland Hotel.
Samuel-Kalu

Gernot Rohr backs Samuel Kalu to rediscover best form at Bordeaux

Nigeria head coach Gernot Rohr has backed Samuel Kalu to rediscover his best form for club and country.
Chief of the Air Staff, Sadique Baba Abubakar and Minister of Humanitarian Affairs, Sadiya Umar Faruk.

Associate disputes ‘marriage’ between NAF chief, minister

As news continued to spread on the purported marriage between the Nigerian Chief of the Air Staff, Sadique Baba Abubakar, and the Minister of Humanitarian Affairs, Sadiya Umar Farouq, a VOA Hausa report has quoted a close friend of the Air boss describing the report as false.
Five Republican US senators have confronted Netflix over the streaming giant’s plan to adapt a Chinese sci-fi book trilogy, expressing concern over the original author’s comments about claims of forced labor in Xinjiang.

US Republican senators confront Netflix over Chinese sci-fi show

Five Republican US senators have confronted Netflix over the streaming giant’s plan to adapt a Chinese sci-fi book trilogy, expressing concern over the original author’s comments about claims of forced labor in Xinjiang.
Head of Civil Service of the Federation, Dr Folasade Yemi-Esan, whose appointment was confirmed last week by President Muhammadu Buhari, also reiterated her commitment to giving focal and priority attention to capacity building.

Nigerian government urges workers to ignore planned strike

The federal government has urged public servants to ignore the strike planned for Monday by organized lab our, saying efforts are in place to resolve all contending issues.