A’Court Affirms 25 Yrs Sentence on Boko Haram Convicts
The Lagos Division of Appeal Court has affirmed the Judgment of Justice Ibrahim Buba of a Lagos Federal High Court, delivered on September 30, 2014, which convicted and sentenced three Boko Haram members to 25 years imprisonment each. The Lagos…
EFCC Releases 2 Banks’ CEOs After Recovery Of Billions Of Naira
The Economic and Financial Crimes Commission (EFCC) said it has released chief executive officers of two Nigerian banks after the men returned billions of naira they had illicitly acquired from political slush funds during the administration of President Goodluck Jonathan….
Wema Bank AGM Holds as Bank Commits to Innovative Banking Services
Wema Bank Plc, Nigeria’s longest surviving indigenous bank on Thursday, May 5, 2016 hosted the Annual General Meeting (AGM) to present the results for the year ending December 31, 2015 to the shareholders. It was also an opportunity to update…
At last, Pres Buhari Signs 2016 Appropriation Bill
At last, President Mohammud Buhari today, signed signed the 2016 Appropriation Bill into law. The signing ceremony was performed at the Presidential Villa, Abuja, according to a report monitored on Radio Nigeria and at the State House. Most reporters were…
Shocker: Why I Won’t Endorse You, America’s Top-ranked Republican Tells Trump
The highest-ranking elected Republican in the United States, Speaker Paul D. Ryan has said he was “not ready” to endorse Donald J. Trump as Republican standard bearer in the country’s forthcoming presidential election. Ryan said on Thursday he was “not…
MTN Launches 3.75GB Plan for N2k
MTN Nigeria said it has introduced MTN Deal Zone, a new data subscription plan which many will find enticing. The telecommunication giant said the plan works on all devices and offers almost 500% data over existing data plans in the…
NIMASA Fraud: Akpolobokemi Approved ‘Looted’ Funds, Says EFCC Witness
A witness of the Economic and Financial Crimes Commission (EFCC) in the ongoing trial of the immediate past Director-General of the Nigerian Maritime and Safety Agency (NIMASA), Patrick Ziadeke Akpobolokemi, and six others, Mrs. Olamide Odusanya, today, insisted that the…
Western Union Fraud: Court Orders Skye Bank To Pay Writer N10m As Damages
An Igbosere High Court of Lagos state has ordered Skye bank Plc to pay N10 million as general damages to a Nigerian writer, Odafe Atogun over his missing €6,000 Western Union Money Transfer sent to him from Ireland. The court…
NIMASA Fraud: Akpolobokemi Approves All Transaction -EFCC Witness
A witness of the Economic and Financial Crimes Commission (EFCC) in the ongoing trial of the former Director-General Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Patrick Ziadeke Akpobolokemi, and six others, Mrs. Olamide Odusanya, today, testified before an Igbosere…
Businessman Bags 7yrs Jail For duping Swiss Firm of N171.2 m
An Igbosere High Court of Lagos State today, sentenced a businessman, Femi Ogunlowo, to seven years imprisonment for duping a Switzerland fertilizer company, Uralkali Trading SA, to the tune of N171.2 m. The court presided over by Justice Raliat Adebiyi,…
Lagos joins leagues of oil-producing states -As Aje field begins production
Twenty years after it was discovered, theAje field located in Oil Mining Lease 113 has achieved its first oil, putting Lagos on the list of oil-producing states in the country. The milestone is coming after several missed targets for the…
