archiveMay 9, 2023

A 1st prosecution witness in the trial  of Eze Harrison Arinze,   has told  Justice J. K. Omotosho of the Federal High Court sitting in  Abuja,  how Arinze received $382,000 (Three Hundred and Eighty Two Thousand United States Dollars) worth of bitcoins from his victims before his account was blocked by...

  how VP intervened to save project, by US-based GE highlights FG's strides in sector infusion of new money by indigenous investors   By sustaining the significant strides made by the Buhari administration in the electricity sector, with increased investments and improvements in the value chain, Nigeria could become one...

The Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) on May 9, 2023, arraigned one Sennaike Opeoluwa before Justice O.A. Okunuga of the Lagos State High Court sitting in Ikeja, Lagos on a six-count charge bordering on obtaining money by false pretence, forgery and possession of false...

Nigerian Exchange Limited (NGX) has lauded the Association of Securities Dealing Houses (ASHON) for enhancing professionalism and ethical conduct in the market. This was disclosed at the Closing Gong Ceremony on Monday in Lagos, commemorating the return of members of the ASHON to the trading floor of NGX. Speaking at...

The Nigerian Communications Commission (NCC) generated N117.36 billion from Airtel Nigeria and MTN Nigeria after both firms renewed their 3G spectrum. Airtel Nigeria paid N58.70 billion to have its 2100 MHz spectrum licence renewed for the 3G network in Nigeria, while MTN Nigeria was charged N58.66 billion. According to separate...

The President of the Senate, Ahmad Lawan has given account of how the Ninth National Assembly outperformed its predecessors. In a keynote address to formally declare open an induction programme for the members-elect of the incoming 10th National Assembly, Lawan said the Ninth Assembly had performed "exceedingly well" in terms...

A former Kaduna Central senator, Shehu Sani, has disclosed what those expecting justice from the Presidential Election Tribunal should do. He advised that they should book an appointment with a cardiologist. The socio-political commentator said those also expecting miracles should do the same thing. Tweeting, Sani said: “There are people...

Osun State Governor, Senator Ademola Adeleke, has assured the people of the state that he will be driven by the fear of God in governing the State. Adeleke, while reacting to the Supreme Court verdict affirming his election in his residence in Ede, applauded the judiciary for upholding the judgment....

  Governors elected under the Peoples Democratic Party (PDP) on Tuesday, announced that it will receive new governors-elect on Thursday at Transcorp Hilton, Abuja. The event, the governors said, will feature a discussion on “Good Governance at the Sub-National level: Issues, Perspectives, Expectations and Outcomes”, to be presented by Dr....

Billionaire businessman, Femi Otedola, has revealed that his offer to buy Nigerian conglomerate, Transcorp Corporation Plc, for N250bn was rejected. This came to light on Tuesday in a statement he issued to TheCable, weeks after the businessman acquired stakes in Transcorp and sold the shares. He revealed that he had...