archiveNovember 2021

The Maiduguri Zonal Command of the Economic and Financial Crimes Commission (EFCC), on Monday, November 1, 2021 arraigned one Asabe Lazarus Dibal before Justice Aisha Kumaliya of the Borno State High Court, sitting in Maiduguri on one count charge bordering on criminal misappropriation to the tune of N15, 000,000.00 (Fifteen...

From Left to right, Mr. Temi Popoola, CFA, Chief Executive Officer, Nigerian Exchange Limited; Dr. Kingsley Obiora, Deputy Governor, Central Bank of Nigeria (CBN) and Mr. Bola Onadele Koko, Chief Executive Officer, FMDQ during the Chartered Institute of Bankers of Nigeria (CIBN) 2021 Fellowship Investiture themed: Nigeria’s Rising Debt Profile:...

The ongoing trial of Abubakar Ali Peters and his company, Nadabo Energy Limited, over a 21-count charge bordering on forgery and subsidy fraud to the tune of N761,628,993.84 before Justice S.S. Ogunsanya of the Lagos State High Court sitting in Ikeja, Lagos could not continue today, Monday, November 1, 2021,...

The Center for Democracy and Development (CDD), Abuja, says the governorship election in Anambra State will witness low turnout of voters. In a statement on Monday November 1, CDD said the sit- at- home order and the heavy deployment of security operatives in Anambra would depress voter turnout on Saturday,...

  Cross-examination of the Chairman of Economic and Financial Crimes Commission (EFCC), Mr Abdulrasheed Bawa, in a case of N761 million fraud was stalled in Lagos on Friday due to the defendant’s absence. The defendant, Abubakar Peters, contracted Coronavirus and is in an isolation centre, according to his counsel, Mr...

  The Federal Government in collaboration with the World Bank Assisted Mineral Sector Support for Economic Diversification (MinDiver) Project has begun a National training programme on Jewellery making for 40 Nigerian youths. Mr Olamilekan Adegbite, Minister of Mines and Steel Development (MMSD) made this known at the Gemstone and Jewelry...

  President Muhammadu Buhari has approved over 600 million dollars investment programme in Digital and Creative Enterprise (iDICE) to support young tech and creative entrepreneurs. Buhari, while declaring open three-day National Youth Conference on Monday in Abuja, said iDICE was supported by the African Development Bank (AfDB). The theme of...

The Fiscal Responsibility Commission (FRC) says it has notified about 14 banks and financial institutions allegedly granting loans without due process to state governments. Executive Chairman of the FRC, Mr Victor Muruako, made the disclosure at a Transparency and Accountability Sensitisation Workshop for the South West in Lagos on Monday....

Many reported trapped in the collapsed 21-storey building at Gerrard Road, Ikoyi, Lagos. According Nigeria Info report, six persons have been evacuated from the building; three dead and three alive. It was gathered that artisans working at nearby buildings rallied round to render emergency services when the high rise structured...

  Ooni of Ife, Ooni Adeyeye Enitan Ogunwusi Ojaja II, has decried the abandonment of roads in Ife by the Federal and state governments, making transportation of persons and goods a herculean exercise within Ife. Ooni Ogunwusi made this known on Sunday during the commissioning of a 700 metres road...