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EFCC quizzes former Abia governor, sons over ‘N150 billion fraud’

The Economic and Financial Crimes Commission (EFCC) has launched a massive probe into alleged looting of over N150 billion by the immediate past governor of Abia State, Chief Theodore Orji, and members of his family.

USAID, UBA sign MoU to advance two-way trade between USA, Africa

U.S Agency for International Development (USAID), through the Prosper Africa initiative, is partnering with the United Bank for Africa (UBA) to increase two-way trade and investment between the United States and the nations of Africa.
UBA - United Bank for Africa

UBA announces board appointments

The United Bank for Africa (UBA) Plc has announced the appointments of Aisha Hassan-Baba and Kenneth Orji as Non-Executive Directors on the Group’s Board.
Staff of the Independent National Electoral Commission (INEC) confirm ballot papers for house of representatives during the electoral preparation at a local office of INEC in Port Harcourt, southern Nigeria, on February 22, 2019, a day before postponed voting day.Yasuyoshi CHIBA / AFP

Sokoto rerun hitch free, declaration of results begins – INEC

The Independent National Electoral Commission (INEC) says Saturday’s Legislative rerun elections in Sokoto was hitch-free with no report of violence or serious challenges.

Tony Elumelu: Africa needs massive capital investment in power, human resources to drive economic...

The Chairman, United Bank for Africa (UBA), and Founder, Tony Elumelu Foundation, Tony Elumelu, has advocated massive private capital investment as well as increased support to youth development as catalysts for driving the much needed economic growth on the continent.
Nigerian Stock Exchange NSE

NSE records first loss in 2020

The Nigerian Stock Exchange posted the first loss in 2020, dropping by 1.18 percent after 11 days of a consecutive uptrend.
Nigerian Stock Exchange NSE

Profit taking drags down equity performance by 1.2 percent

The equities market today (Tuesday) recorded the first profit taking after a long streak gain this month leading to a decline in a major performance index as the Nigerian Stock Exchange, NSE All Share Index declined by 1.2 percent or 118 bases points, bps.
At least 33 Boko Haram militants were killed by Nigerian troops in a gunfight on Sunday, according to military sources on Tuesday.

One feared dead in Boko Haram attack on Adamawa

One suspected insurgent reportedly died on Thursday in Boko Haram attack on Michika town of Adamawa.

Michika residents troop back home after night attack

As normalcy return to Michika town of Adamawa following night attack by insurgents, many residents that abandoned their houses during the incursion that was repelled by the military have started returning home.

Six killed, two women abducted near Chibok by Boko Haram

No fewer than six persons were killed, when Boko Haram insurgents attacked Kwaragilim village of Chibok local government area of Borno State on Christmas Eve.
Governor Babagana Zulum of Borno on Sunday inaugurated Borno State Youth Empowerment Scheme (BOYES), to empower youths and end political thuggery in the state.

Governor Zulum marks Christmas in Southern Borno

Governor Babagana Umara Zulum is marking the Christmas season in the southern part of Borno State which has the highest population of Christian-citizens. He spent last night in Uba, a majority Christian portion of Askira-Uba local government area. Muslims are majority in the Askira portion of the council.

How security guard scammed lover of over N1 million

Sunday Adole, a security guard, on Friday appeared in an Ikeja Chief Magistrates’ Court, Lagos for allegedly stealing his lover’s ATM card and withdrawing N1.09 million from the account.
Nigerian Stock Exchange NSE

NSE indices in bullish run, up 0.60 percent

The Nigerian Stock Exchange (NSE) crucial market indices opened trading yesterday with a 0.60 per cent appreciation following rising interest in banks securities. Specifically, the market capitalisation which opened at N12.807 trillion early in the day, rose by N77 billion or 0.60 per cent to close at N12.884 trillion.
Nigerian Stock Exchange NSE

NSE market indices resume trading upbeat, inched 0.60 percent

The Nigerian Stock Exchange (NSE) crucial market indices opened trading for the week on Monday with a growth of 0.60 per cent following enhanced bank in interest.
The Economic and Financial Crimes Commission (EFCC) said it does not want bail for a former Chairman of the Pension Reform Task Team, Abdulrasheed Maina, because he might escape.

Pensions scam: Witness narrates how Abdulrasheed Maina’s son withdrew N58 million

An EFCC operative, Mohammed Goji, on Monday, revealed how Faisal Maina, son of Abdulrasheed Maina, former Pension Reform Task Team boss, withdrew N58 million from a United Bank for Africa (UBA) account.
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.

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Jamal Lewis is mobbed by his Norwich teammates – and substitutes – after scoring his first Premier League goal to cut down Leicester. JASONPIX-Shutterstock

Norwich secure crucial 1-0 win against Leicester

Norwich boosted their bid for Premier League survival as Jamal Lewis fired the bottom club to a crucial 1-0 win over third-placed Leicester on Friday.
The Minister of Information and Culture, Lai Mohammed, said in terms of business opportunities, employment and earnings, the entertainment industry is an unexplored keg of potentialities.

Coronavirus: Don’t fall for fake news – minister

The Federal Government is asking Nigerians not to fall for the antics of purveyors of fakes news and disinformation on social media over the new case of Coronavirus recorded in the country.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Enugu council poll: Police announce restriction of movement

Police Command in Enugu State has announced the restriction of human and vehicular movements in the state on Saturday, Feb. 29, for Local Government Elections.
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has again accused President Muhammadu Buhari of clamping down on the judiciary.

Coronavirus: Nigeria urged to suspend flights from affected countries

Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP) in the 2019 elections, says it is time the federal government suspends flights from countries that have been affected by the coronavirus.
Kola Ologbondiyan, PDP publicity secretary

Coronavirus: Nigerians should hold President Buhari responsible – PDP

The Peoples Democratic Party, PDP, on Friday, urged Nigerians to hold President Muhammadu Buhari responsible if Coronavirus leads to any major calamity in Nigeria.