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Delta senator asks to court vacate order freezing his accounts in four banks

A Senator representing Delta North senatorial district, Peter Nwaoboshi, as prayed a Federal High Court in Abuja to set aside its orders freezing his accounts in four banks.

EFCC to arraign former INEC chairman over ‘N1.2 billion scam’

Economic and Financial Crimes Commission (EFCC) is set to arraign a former Chairman of the Independent National Electoral Commission (INEC) Prof. Maurice Iwu.
Vice President Yemi Osinbajo attended a church service on Sunday at the RCCG Regional Parish in New York, United States, where he gave a sermon and also prayed fervently for Nigeria 3

VP Osinbajo: Young entrepreneurs will change narrative about Africa

Vice-President Yemi Osinbajo has said young African entrepreneurs will change the perception about Africa and the continent’s economic outlook.
Nigerian Stock Exchange NSE

Mixed corporate earnings push NSE ASI down 1.8%

Nigeria’s equity market stretched its bearish run as the benchmark index closed lower by 1.8 per cent Week-on-Week (W-o-W) at 29,918.59 points, hitting over two-year lows as corporate earnings season opened.

Father of six cries for help after wife’s death

Father of six – Mr. Okezie Friday – has cried for help following the death of his wife after she was delivered of triplets.
Nigerian Stock Exchange NSE

NSE indices resume with 40% loss amid profit taking

Activities on the nation’s bourse opened for the week on Monday on downward posture, with crucial market indices shedding 0.40 per cent.
Nigerian Stock Exchange NSE

NSE drops to 27,000 mark, amid Seplat losses

The All-Share Index of the Nigerian Stock Exchange (NSE) on Thursday reached all time low of 27,864.49 due to sell pressure in Seplat and 18 other equities.

Senator Nwaoboshi denies owning properties seized by federal government

The senator representing Delta North District, Peter Nwaoboshi, has claimed that the properties sealed by the federal government on Saturday do not belong to him.
The presidential panel in charge of recovering stolen public properties on Saturday took temporary possession of several properties allegedly owned by Peter Nwaoboshi, the senator representing Delta North District.

Forfeiture order: Presidential panel seals senator’s properties across Nigeria

The presidential panel in charge of recovering stolen public properties on Saturday took temporary possession of several properties allegedly owned by Peter Nwaoboshi, the senator representing Delta North District.

NIRSAL facilitates N2 billion loan to boost cocoa export in Ondo

The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) is providing Agro Traders Limited, a Cocoa processing and export company in Ondo State, with 50% Credit Risk Guarantee (CTG) for N2 billion working capital to export 22,000 metric tons of cocoa.

ACPN: Those calling for sack of Abba Kyari are enemies of the president

The Allied Congress Party of Nigeria (ACPN) has said that those calling for the sack of the Chief of Staff to the President, Abba Kyari, are those who do not mean well for the President, saying they were political jobbers within the All Progressives Congress (APC).
Tony Elumelu, chairman of Heirs Holdings, says access to electricity is critical to growing Nigeria’s economy.

Tony Elumelu calls for finance curriculum overhaul to reflect technology advancement

Chairman United Bank for Africa (UBA) group, Mr Tony Elumelu, has called for the overhaul of the finance training curriculum to reflect current technological influences.

Katsina government, firm in legal battle over N66.268 billion Paris Club refund

The N66.3 billion released to Katsina State from the Paris Club refund in 2016 by the Federal government has become a subject of litigation before the Abuja division of the Federal High Court.

Bank customers decry poor ATM services during Sallah

Bank customers in the Federal Capital Territory (FCT), on Tuesday decried poor network and insufficient funds in most Automated Teller Machines (ATMs).

Full report of commission that accused Emir Sanusi of fraud

Highlights of the 19-page document includes the indictment of individuals, amounts involved, obstruction of investigation by suspects and recommendations.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

Five oil marketers in court for alleged theft of N1 billion petroleum products

The Economic and Financial Crimes Commission (EFCC) on Tuesday in Lagos arraigned five oil marketers who allegedly stole petroleum products worth one billion naira from the United Bank of Africa (UBA).
Muhammad Jibrilla Bindow

Adamawa government blames banks for non-payment of workers salaries

The Adamawa State Government and its assembly have clashed over the state’s inability to pay salaries two months to the end of the current administration of Governor Jibrilla Bindow.
Wole Soyinka

Wole Soyinka backs ex-President Obasanjo on Islamisation claims

Nobel Laureate, Professor Wole Soyinka, has berated the Federal Government for attacking former President Olusegun Obasanjo over the latter’s comments that Boko Haram insurgency and herdsmen crisis had become an agenda to ‘Fulanise’ West Africa and ‘Islamise’ Africa.

Recent Stories

Group drags Delta governor, others to court over oil commission board chair

An anti-corruption group, Centre for Human Rights and Anti-Corruption Crusade (CHURAC) has dragged Governor Ifeanyi Okowa of Delta State and three others to court over the appointment of a former member of the state House of Assembly, Mr. Michael Diden, as chairman of the board of the state’s Oil Producing Areas Development Commission (DESOPADEC).

Official: Bill to empower AIB investigate road, rail, marine accidents before Senate

The Accident Investigation Bureau (AIB) has disclosed that a bill to empower the bureau to investigate rail, road and marine accidents and serious incidents is currently before the Senate.
Mr Thomas Gyang, Commissioner, Planning and Budget Commissioner, made this know in the 2020-2022 Multi-Year Budget Call Circular, obtained by the News Agency of Nigeria (NAN) in Kaduna on Saturday.

Senator Gyang: Elite neglect through medical tourism has killed Nigeria’s healthcare system

Deputy Chairman, Senate Committee on Defence, and Senator representing Plateau North, Istifanus Dung Gyang, has described medical tourism abroad by Nigeria’s elite as contributing to the neglect that has led to the collapse of the country’s healthcare system.
Ashley Cole leaves the LA Galaxy after three seasons.

Former Chelsea defender Ashley Cole announces retirement from football

Former Chelsea and England defender Ashley Cole has announced his retirement from all forms of football at the age of 38 following a two-decade-long career.

Malnutrition: 20 children dead, more risk death in Nasarawa

Not less than 20 children suffering from Severe Acute Malnutrition in Nasarawa State are reported to have died and more are expected to follow due to the non availability of the food supplements used for management of children suffering from Severe Acute Malnutrition in the various general hospitals across the state.