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…
Alleged N754. 7m Theft: Access Bank Bank Official Testifies Against Ex-NiMASA DG, Akpobolokemi, Others
A Compliance Officer with Access Bank Plc, Mr. Oliver Ewerem, today, testified before an Igbosere High Court of Lagos State, in the on going trial of the embattled Ex- Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Patrick…
Synagogue Church Tragedy: Court Admits Bail To Contractors
An Ikeja High Court of Lagos State today, admitted bail to the two engineers who supervised the construction of the collapsed six stories Guest House belonging to Synagogue Church Of All Nations, (SCOAN), in Egbe, Lagos. The court presided over…
Alleged N5.5bn Debt: Court fixes June 21 Ruling in Ecobank Against Otudeko’s Firm, Anchorage Leisures’ Suit
Justice Jude Kanyoh Dagat of a Lagos Federal High Court, has fixed June 21, for ruling in in a debt recovery suit filed by Ecobank Plc against one of companies belonging to Dr. Oba Otudeko, Anchorage Leisures Limited. Justice…
Onaiyekan Attacked By Fulani Herdsmen
Cardinal Onaiyekan was attacked by suspected herdsmen along the Benin-Ekpoma road on his way from where he went to attend the 10 years anniversary of the enthronement of Akubueze as a bishop and also to attend the 10 years anniversary…
FG Set to Reorder Civil Service
In order to realize the change desire of the present administration, the Federal Government said that concerted efforts are on to reposition the Federal Civil Service for effective service delivery to Nigerians. The Head of the Civil Service of the…
First Bank To Sack 1,000 Staff
Over 1000 staff of First Bank of NigeriNigeria would soon be out of job if the news reaching thestreetreporters.com is anything to go by. The foremost financial institution is planning to cut about 1000 jobs and focus less on providing…
Sen. Ngige Opens Up on Double Pay for Ex-Governors
Hon. Minister of labour and Employment, Senator Dr. Chris Nwabueze Ngige has denied be among former Governors allegedly receiving double pay in President Muhammadu Buhari cabinet. The former governor of Anambra State in a statement personally signed by him…
Pirate Kingspin Wanted for Hijack – Nigerian Navy
The Nigerian Navy has declared a suspected pirate kingpin wanted over alleged hijack of a vessel laden with Gas Oil. It was earlier reported that a vessel, MT MAXIMUS with 18 crew members and carrying 4,368.203MT of Gas Oil was…