archiveMay 2022

President Muhammadu Buhari and governors elected on the platform of the All Progressive Congress (APC) are currently meeting in the presidential villa Abuja. The meeting which is said to be holding at the Council Chambers may not be unconnected with the APC convention slated for the 6th of June to...

  An INTERPOL-led operation targeting malware cyber fraud across Southeast Asia leads to the Nigeria arrest of three suspected global scammers. The Economic and Financial Crimes Commission (EFCC) arrested the suspects in a sting operation conducted simultaneously in a Lagos suburb called Ajegunle and in Benin City, 300 km to...

Nigerian Exchange Limited has commended the Institute of Chartered Accountants of Nigeria (ICAN) for its leading role in producing world-class chartered accountants, as well as regulating, and continuously enhancing their ethical standards and technical competencies in the interest of the capital market and the Nigerian economy as a whole. The...

The Federal High Court in Abuja, on Tuesday, granted a former governor of Imo State, Mr. Rochas Okorocha, a bail after Okorocha and his co-defendant, Mr. Anyim Nyerere, on Monday, pleaded not guilty to allegations of stealing N2.9 billion public funds while the former was in office. Okorocha’s lawyer, Solomon...

Indications emerged, yesterday, that 47-year-old Afolake Abiola, the lady who reportedly committed suicide last Friday, in her apartment at No. 1, Abayomi Kukomi Close, Osapa London, in the Lekki area of Lagos, had some undisclosed medical conditions, apart from depression. This was confirmed by some residents of the area when...

Abia State Governor, Okezie Ikpeazu, has explained why the Prelate of the Methodist Church Nigeria, His Eminence, Dr Ssmuel Uche; the Methodist Bishop of Owerri, Rt Rev Okechukwu Michael and the Prelate’s Chaplain were released within 24 hours after their kidnap by unknown gunmen suspected to be herdsmen along the...

The Economic and Financial Crimes Commission (EFCC)  has arrested the immediate past Governor of Zamfara State, Abdul’Aziz Yari, as part of investigations into the N84 billion fraud involving the suspended Accountant-General of the Federation, Ahmed Idris. Sources in the EFCC told The PUNCH that Yari and the Chairman of a...

A bike rider, Kunle Adeyanju, who had embarked on a ride from London to Lagos, has arrived in Nigeria. Adeyanju, who embarked on the journey on April 19, 2022 and arrived in Nigeria on the morning of May 29, 2022, said he was doing the trip to raise money for...

  Former Deputy Governor of the Central Bank of Nigeria (CBN), Chief Adebayo Adelabu on Sunday announced that he has officially dumped the All Progressives Congress (APC). The former CBN Deputy Governor who did not disclose the party he will be contesting ahead of the 2023 general election, said that...

  The Nigerian Exchange Limited (NGX) All-Share Index and Market Capitalization appreciated by 2.09 per cent to close the week at 54,085.3 and N29.158 trillion respectively. However, all other indices finished lower with the exception of the NGX-Main Board index which appreciated at 6.03 per cent, while, the NGX Asem...