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The Controller of the Nasarawa State Command of the Nigeria Correctional Service, Emmanuel Okoro, on Thursday refuted reports by a section of the media which claimed there was a jail break at the Keffi Old Prison.

Man jailed 10 years for N37 million fraud

Justice Chuka Obiozor of the Federal High Court sitting in Ikoyi, Lagos, on Friday, sentenced one Jules Suinner to 10 years imprisonment for N37m fraud.
An EFCC operative, Mohammed Goji has revealed how Abdulrasheed Maina, former Pension Reform Task Team boss, illegally acquired several properties using his son, Faisal’s name.

Witness: Abdulrasheed Maina hides assets using son Faisal’s name

An EFCC operative Mohammed Goji has revealed how Abdulrasheed Maina, former Pension Reform Task Team boss, illegally acquired several properties using his son, Faisal’s name.

Tony Elumelu: Improve business environment to drive industrialisation

The Founder of the Tony Elumelu Foundation and Chairman, Heirs Holdings and United Bank for Africa Group (UBA), Mr. Tony Elumelu, yesterday advised African, Caribbean and Pacific (ACP) Heads of State to improve the business environment in their countries to drive industrialisation and wealth creation in member states.
Africa’s biggest youth awards, The Future Awards Africa, has named rapper/actor, Folarin ‘Falz’ Falana and media girl, Toni Tones, as the main hosts of the 14th edition of the event set to hold on Sunday, 24 November, 2019 at the Balmoral Event Centre, Federal Palace Hotel, Lagos.

Falz, Toni Tones to host 2019 Future Awards Africa

Africa’s biggest youth awards, The Future Awards Africa, has named rapper/actor, Folarin ‘Falz’ Falana and media girl, Toni Tones, as the main hosts of the 14th edition of the event set to hold on Sunday, 24 November, 2019 at the Balmoral Event Centre, Federal Palace Hotel, Lagos.

PTAD assures pensioners no one’ll touch their funds

The Pension Transitional Arrangement Directorate (PTAD) has assured government retirees that their money was safely kept in the Central Bank of Nigeria coffers under the Treasury Single Account policy.
Mr. Haruna Momoh, a former managing director of the Pipelines and Product Marketing Company (PPMC), and his wife, Eileen have berated the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and accused it of mischief following its claim that it obtained an interim injunction to seize about N2.9 billion naira belonging to the couple. The ICPC said it traced the cash to bank accounts in Nigeria.

N2.4 billion fraud: Former PPMC boss, wife move to retrieve seized assets

Former Managing Director of the Pipelines and Products Marketing Company (PPMC), Haruna Momoh, his wife, Ochuko Okor Momoh and their companies have commenced move to retrieve assets and cash seized from them by the Federal Government.

Northeast commission upgrades water supply in eight Adamawa towns

The North East Development Commission (NEDC) has commenced the rehabilitation and upgrading of water supply in eight towns affected by insurgency in Adamawa.

Repair: LASTMA announces partial closure of Apongbon road

The Lagos State Traffic Management Authority has announced partial closure of some sections of Apongbon Road inward Eko Bridge from Thursday.

Abdulrasheed Maina sacks Ahmed Raji, hires Joe-kyari Gadzama

Former Pension Reform Task Team chairman, Abdulrasheed Maina, has sacked his legal team, led by Senior Advocate of Nigerian Ahmed Raji.

ICPC declares man wanted for impersonating minister

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has declared Mr. Tony Aiyejina wanted.

Dangote, MTN, Glo lead in the 2019 most valuable brands in Nigeria

For the umpteenth time, Dangote Group, a Nigerian owned and most diversified conglomerate has emerged the most valuable brand in Nigeria after the 2019 Top 50 Brand survey, while MTN closely followed as the most valuable multinational and telecommunication brands with Glo coming third in the chart.
Governor of Edo State, Mr. Godwin Obaseki

Adams Oshiomhole’s local council chief removed over ‘fraud’, vice-chairman sworn-in

The Edo State Governor, Mr Godwin Obaseki, has sworn-in Alhaji Imonofi Osumah Inusa as the Chairman of Etsako West Local Government, after Hon. Yakubu Musa, the erstwhile chairman was removed over his involvement in a N46 million fraud in the council.
Nigerian Stock Exchange NSE

NSE: Market capitalisation rebounds by N15 billion

The Nigerian Stock Exchange on Wednesday, recorded second gain in October with the market capitalisation increasing by N15 billion.
Gov. Ifeanyi Okowa of Delta has sent a N27.9 billion supplementary budget for 2019 to the State House of Assembly for approval, increasing the initial budget figure of N390 billion to N417.9 billion.

Delta governor seeks approval for N27.9 billion 2019 supplementary budget

Gov. Ifeanyi Okowa of Delta has sent a N27.9 billion supplementary budget for 2019 to the State House of Assembly for approval, increasing the initial budget figure of N390 billion to N417.9 billion.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Bank server hacked, company’s N752 million stolen – auditor tells court

A Federal High Court in Lagos has heard how thieves hacked United Bank for Africa (UBA) Plc computers and stole N752 million from a Flour Mills of Nigeria Plc, account.
The Economic and Financial Crimes Commission (EFCC), Makurdi zonal office, has arraigned one Mr Akintunde Ogunrinde (aka “Kekere”) for allegedly defrauding his victim of the sum of N800,000.

EFCC arraigns man for unauthorized ATM cash withdrawal

The Economic and Financial Crimes Commission (EFCC), Makurdi zonal office, has arraigned one Mr Akintunde Ogunrinde (aka “Kekere”) for allegedly defrauding his victim of the sum of N800,000.

Central bank deducts N500 billion from Zenith, GTB, Citibank, UBA, 8 others

The Central Bank of Nigeria has deducted N500 billion from the accounts of 12 banks for failing to meet the target to provide credit to their customers.
An Ilorin, Kwara State lawyer Olarewaju Aluko and his client, Taiye Na’Allah, on Thursday sued the Economic and Financial Commission (EFCC) at a Kwara State High Court for alleged defamation of character.

EFCC arrests three suspects over N7 million fraud

The Economic and Financial Crime Commission (EFCC) on Thursday said it had arrested three suspects for alleged conspiracy and obtaining N7.1m by false pretense in Benue.

Recent Stories

Dangote Cement Industry

Shareholders seek more mergers, acquisitions in cement industry

Shareholders under the aegis of Constance Shareholders’ Association of Nigeria (CSAN) on Saturday said that mergers and acquisitions would improve cement industry activities on the Nigerian Stock Exchange (NSE).
North Korea has conducted another “crucial test” at its Sohae satellite launch site, state media reported Saturday, as nuclear negotiations between Pyongyang and Washington remain stalled with a deadline approaching.

North Korea conducts ‘crucial test’ at Sohae launch site

North Korea has conducted another “crucial test” at its Sohae satellite launch site, state media reported Saturday, as nuclear negotiations between Pyongyang and Washington remain stalled with a deadline approaching.

Tony Momoh: Anyone who calls President Buhari derogatory names will be dealt with

Prince Tony Momoh, a former Minister of Information on Saturday said Punch newspaper did nothing wrong by referring to President Muhammadu Buhari as a Major General.
Godwin Obaseki

Edo government begins revalidation exercise for pensioners in 18 local councils

The Edo State Government has announced the commencement of the revalidation exercise for pensioners in the 18 Local Governments Areas (LGAs) of the state.

Ondo governor presents staff of office to Olowo of Owo

Royal fathers from far and near who graced the occasion include Oba Adeyeye Enitan Babatunde Ogunwusi, Ooni of Ife, Oba Aladetoyinbo Aladelusi, Deji of Akure, Oba Victor Kiladejo, Osemawe of Ondo Kingdom and other prominent traditional rulers in the state.