archiveDecember 2021

The Economic and Financial Crimes Commission (EFCC) on December 9, 2021 arraigned the duo of Engr. Hakeem Saka, Sani Abdulrasheed and their company, ECMC Engineers Limited before Justice A. A Fashola of a Federal High Court sitting in Jabi, Abuja for allegedly submitting a fake tax clearance certificate and audited...

  Lagos State Governor Babajide Sanwo-Olu has shelved the proposed peace walk billed for this month. He had invited some #EndSARS activists to a peace walk for “the healing of Lagos”. The governor had said: “In December, I will be leading a walk for peace to herald the healing of...

The Chairman of Access Bank Plc has issued a letter to all shareholders of Access Bank informing them about the restructuring of the Bank’s Group into a non-operating financial holding company structure. The holding structure is expected to hold the banking group that is, Access Bank and its banking subsidiaries....

The bears resurfaced on the Nigerian Exchange Ltd on Thursday with a loss of N391 billion following sell pressure in Dangote Cement and 14 other stocks. Specifically, the stock market reversed positive gains with the market capitalisation dropping N391 billion to close at N21.751 trillion from N22.142 trillion on Wednesday....

The Bureau of Public Enterprises (BPE), has named five persons to serve as members of the interim management team for the Abuja Electricity Distribution Company (AEDC) Plc. In a statement issued on Thursday in Abuja by Amina Othman, Head, Public Communications, BPE said that the Nigerian Electricity Regulatory Commission (NERC),...

  The Executive Chairman of the Economic and Financial Crimes Commission (EFCC) Mr. Abdulrasheed Bawa has called on Nigerians to take ownership of the fight against corruption. He gave the charge in a message to commemorate the International Anti-Corruption Day at an event organized by the Inter Agency Task Team...

Justice Mohammed Sani of the Federal High Court sitting in Ilorin on Thursday, December 9, 2021 sentenced two suspected internet fraudsters found guilty of offences bordering on cyber fraud contrary to Section 22(2) (b) (Ii) of the Cybercrimes (Prohibition, Prevention etc.) Act, 2015 and punishable under Section 22(2) (b) (iv)...

The 2021 edition of the Africa international film festival (afriff) was held on 7 - 13 November, in Lagos. Themed Africans for Africa highlighted the journey of afriff through its first to the tenth anniversary, culminating in mutually beneficial partnerships with global film superpowers like Amazon Prime, and representation from...

NG Clearing Ltd was officially launched on Thursday as the first Central Counterparty (CCP) in West Africa to address systemic risks, ensuring capital market integrity and standardise exchange traded derivatives. Players in the Nigerian capital market ecosystem at the launch of NG Clearing, in Lagos, said that CCP Company would...

 The Vice-Chancellor of Obafemi Awolowo University (OAU), Ile-Ife, Prof. Eyitope Ogunbodede, says the institution has achieved rapid growth and development in the areas of academics, research, infrastructure and human resources. Ogunbodede made the assertion at the flag-off of 45th Convocation Ceremony of the University, held on Thursday in Ile-Ife. The...