archiveAugust 14, 2020

  Bayern Munich handed Barcelona historically humiliated in UEFA Champions League quarters on Friday As the German leader trounced Lionel Messi and Barcelona 8-2 Bayern Munich are now just one match away from competing for the Champions League trophy following a decisive 8-2 win against a toothless Barcelona side in...

  Justice Nasiru Saminu of the Kano State High Court on Friday, August 14, 2020 convicted and sentenced one Chidi Okafor to one-year imprisonment for fraud. The convict was prosecuted by the Kano Zonal Office of the Economic and Financial Crimes Commission, EFCC on one-count amended charge of criminal breach...

  The Lagos Zonal Office of the Economic and Financial Crimes Commission, EFCC, has secured the conviction of four Internet fraudsters, Kunle Omoniyi;  Bassey Odo, Paul Adebisi and Temitope Samson, who were arrested in different parts of the state recently. The convicts were all charged with offences bordering on possession...

  The People’s Democratic Party (PDP) has condemned what it described as the renewed clampdown on the media and gagging of free speech in the country by the Federal Government. The party’s reaction is coming in the backdrop of the N5 million fine imposed on a broadcast station, Nigeria Info,...

  The market capitalization on The Nigerian Stock Exchange (NSE) on Friday depreciated by N20 billion or 0.15 per cent, N13.145 trillion from N13.165 trillion achieved on Thursday. Similarly, the NSE All-Share Index lost 37.13 points or 0.15 per cent, to close at 25,199.84 from 25,236.97 recorded on Thursday. CAP...

 Uche Uwaleke, Professor of Finance and Capital Market, on Friday said the country’s unemployment rate in the second quarter (Q2)of 2020 was worsened by the negative impact of COVID-19. Uwaleke, a Professor of Finance and Capital Market at the Nasarawa State University, disclosed this in an interview with the News...

  Oil prices advanced on Friday and were heading for the second week of gains amid growing confidence that demand for fuel is starting to pick up. This is in spite of the coronavirus pandemic that has slammed economies worldwide. Brent crude was up 14 cents, or 0.3 per cent...

  The Federal Government has begun the process of reforming the Calabar and Kano Special Economic Zones (SEZs) in line with the approved processes for economic reforms. Amb. Mariam Katagum, Minister of State for Industry, Trade and Investment, made this known on Thursday in Abuja at the Contract Execution Ceremony...

  The House of Representatives joint committee on Finance, Appropriation, National planning and Economic Development and Aids, Loans and Debts Management has decided to investigate some agencies that appeared before it on Friday. This is due to the dissatisfaction of the committee headed by James Abiodun Faleke which expressed its...

The government of Ireland has signed a memorandum of understanding (MOU) with the Nigerian government for the return of €5.5 million stolen by a former military head of state, Sani Abacha. The Irish minister for justice, Helen McEntee, said the return of the asset followed a forfeiture order by a...