Ifeanyi Ubah’s Capital Oil Accounts Frozen
A Federal High Court, Lagos Division, on Wednesday granted the request of the Asset Management Corporation of Nigeria for an interim injunction freezing the accounts of Capital Oil and Gas Industries Limited, a company owned by Ifeanyi Ubah. Justice M. B….
Navy Arrests Pipeline Vandals, Destroys Illegal Refineries In Niger Delta
The Nigerian Navy patrol team deployed from NNS PATHFINDER has arrested 06 persons suspected to be engaged in operations of illegal refinery and pipeline vandalism. The suspects who are now undergoing investigation were picked up from a large warehouse located…
Saleswoman Jailed 2 Years For Stealing N.5m
An Ebute Meta Chief Magistrates’ Court, on Thursday, sentenced a 31 year-old saleswoman, Sandra Aro, to two years imprisonment for stealing her employers N500,000. The court presided over by Magistrate Mrs M.O. Olajuwon, sentenced the convict to a jail term…
Ex-NIMASA Acting DG Arraigned Over N645m Theft
The Economy and Financial Crimes Commission (EFCC, on Tuesday, arraigned the former acting Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Haruna Jauro, and six others before a Lagos Federal High Court, over an alleged stealing and conversion…
EFCC Re-arraigned NAMA MD, 6 Others Over N6.8bn Fraud
The Economic and Financial Crime Commission (EFCC) Tuesday, re-arraigned the serving Managing Director of the Nigeria Airspace Management Agency, NAMA, Ibrahim Abdulsalam and six other persons over alleged stealing and conversion of the agency’s money amounting to N6,850,447, 609.90. The…
Epileptic Power Supply: Fashola Calls For Patience
The Minister for Power, Works and Housing Mr. Babatunde Raji Fashola (SAN) has said government appreciated the challenges Nigerians are facing as a result of the shortfall in electricity supply in the country, asking for patience, while noting that the…
Electricity: Power Distribution Companies Exposed
The National Union of Electricity Employers (NUEE) has alleged that Electricity Distribution Companies (DISCOs) are adding to the power outages nationwide by rejecting load from Generation Companies (GENCOs), thereby worsening power supply to customers. The Union, on Monday, declared that…
Enugu Governor, Minister Of Labour Advocate Coordinated Efforts In Diversifying Nigeria’s Economy
The Governor of Enugu State, Rt. Hon. Ifeanyi Ugwuanyi, and the Minister of Labour and Employment, Dr. Chris Ngige, yesterday advocated coordinated efforts at all levels of government aimed at diversifying the nation’s economy from its present mono-economy status. They…
BREAKING: Nigerians in Pain, Reshuffle Cabinet Now – CNPP Urges Buhari
The Conference of Nigeria Political Parties (CNPP) has described the President Muhammadu Buhari’s administration as insensitive to indescribable economic hardship its policy decisions inflict on the now impoverished Nigerians, advising Mr President to urgently reorder his cabinet to save the…
Alleged NIMASA Fraud: Tompolo Challenges Constitutionality of His Trial
The former Niger Delta militant leader, Government Ekpemupolo a.k.a Tompolo has instituted a suit before a Lagos Federal High Court, seeking an interpretation and nullification of certain sections of the Administration of Criminal Justice Act, (ACJA) 2015, which he claimed…
Fayose Tackles Buhari Over Planned VAT Increment
The Ekiti State Governor, Ayodele Fayose, on Sunday criticised President Muhammadu Buhari, over the planned increase of the Value Added Tax, VAT, by five per cent. The governor, who was reacting to comments attributed to Vice President Yemi Osinbajo in…
