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Alleged N16.7bn Fraud: 9 Consolidated Discount House Officials Arraigned

The office of Attorney-General of the Federation (AGF) on Monday, arraigned nine officials of Consolidated Discount House Limited, before a Lagos Federal High Court on 24 count charges bordering on alleged stocks’ fraud, worth N16. 738,700,401.56 billion. Those arraigned before…

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‘Grazing Reserves Bill: Clear Sambisa Forest for Fulani Herdsmen’

As controversy still surrounding the proposed Grazing Reserves Bill of President Muhammadu Buhari led-Federal Government to the National Assembly, a human rights activist and Executive Chairman, Centre for Human Rights and Social Justice (CHRSJ), Comrade Adeniyi Sulaiman, has counseled the…

Breaking News Business Governance National News News Politics

Buhari Returns 2016 Budget To National Assembly

President Muhammadu Buhari has returned the controversy-ridden 2016 budget to the National Assembly, pointing out areas of concern in the document and demanding adjustment. The spokesperson of the House of Representatives, Abdurazaq Namdas, (APC-Adamawa State) confirmed this to journalists on…

How EFCC Uncovered 37,395 Ghost Civil Servant- Magu

The Acting Chairman of Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has revealed how the agency uncovered thirty-seven thousand, three hundred and ninety-five (37,395) ghost workers in the Federal Civil Service. He also warned that violators of the provisions…

UBA Teller Officer Docked Over N1.1m Theft

A teller officer with United Bank of Africa, UBA, Plc, Toheeb Adelabu, was on Tuesday, charged before an Ebute Meta Chief Magistrate’s Court, Lagos, on the alleged theft of N1.1 million. The 30 years old accused person, attached to the…

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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….

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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…