N2.6 bn Fraud: Court fixes Arrangement NIB, 15 others’ for July 4
A Lagos Federal High Court, on Monday, fixed July 4, for the arraignment of a defunct bank, Nigeria International Bank Limited and 15 of its staff charged with alleged N2. 6 billion fraud. Other accused charged alongside the bank were:…
Alleged N1.5 bn Contract Scam:Court Decides Ex-NIMASA DG; Omatseye’s fate On May 20
A Lagos Federal High Court, today, adjourned till May 20, for judgment in a criminal case against a former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Mr. Raymond Omatseye, who was charged with N1.5 billion contract scam…
Illicit drug: 3 Nigerians arrested In Indian
Three Nigerians have been arrested by the Police in Munbai, Indian, on alleged drug peddling. Those arrested according to Mumbai Police were: Ifunanya Ginika Minke, 37, and Igwe Chikwneni Emaniyal, 24. They were arrested on the spot while the third…
N8m Fraud: EFCC Arraigns Ecobank Manager
A manager with Ecobank Plc,Irene Okeoha, has been arraigned before Justice S. C. Amadi of the State High Court, Port-Harcourt, Rivers State, by the Economic and Financial Crimes Commission (EFCC) on a one-count charge bordering on alleged stealing of N8…
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….
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…
Judicial Rascality: SAN Accuses Of Disrespecting Bench In Ecobank/Honeywell’s Suit
A drama ensued at a Lagos Federal High Court, on Thursday, when some senior lawyers accused a Senior Advocate of Nigeria (SAN), Mr. Adekunle Ogunba, a lawyer ti Ecobank Plc, of disrespecting the bench in the matter between Honeywell Group…
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…
