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….
See First Muslim Mayor in UK After Saturday’s Election
A Labour Party leader, a former human rights lawyer and a son of a bus driver from Pakistan, Sadiq Khan has been declared the winner after a protracted count that extended into Saturday in London. He has emerged the first…
Money Laundering: EFCC Arrests Access Bank CEO, Herbert Wigwe
The Economic and Financial Crimes Commission (EFCC), said it has arrested Chief Executive Officer (CEO) of Access Bank Plc, Mr. Herbert Wigwe, as money laundering investigations shifted to the Nigerian banks. It remain unclear the specific reasons for the raid…
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…
Onitsha Bomb Explosion And Limits Of Police Spinning Or Fact Distortion
Onitsha Bomb Explosion And Limits Of Police Spinning Or Fact Distortion Written by Emeka Umeagbalasi “Spinning” is a police public relations methodology, designed to reduce deceitfully, the gravity of casualty figures, property destructions and distortion or suppression of general facts…
Ex-Lagos Commissioner, Ademola Adeniji-Adele Is Dead
A former Lagos State Sports Commissioner, Ademola Adeniji-Adele, has died. Family sources poured out their minds on his Facebook wall early today. Mr. Adeniji-Adele, 60, according to the Facebook message passed away in faraway India, where he had gone for…
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…
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…
