archive2023

  Justice I.O. Ijelu of the Lagos State High Court sitting in Ikeja, Lagos, on Friday, November 3, 2023, issued a bench warrant for the arrest of a businessman;  Chief Cletus Ibeto,  for failing to appear in court for his arraignment over an alleged N4.8bn fraud. The Judge had, on...

Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5 per cent to N344.4 billion within the period, indicating business growth and customer confidence in the Bank. A review of the lender’s unaudited nine-month...

The Ibadan Zonal Command of the Economic and Financial Crimes Commission (EFCC) has secured the conviction and sentencing of  41 internet fraudsters to various jail terms in Oyo and Ogun States respectively. They were jailed after pleading guilty to one -count charge each preferred against them by the EFCC.   Justices...

The Chief of Defence Staff, General Christopher Musa, has urged Nigerians not to entertain fears over military coup in the country. Musa said though countries around Nigeria are experiencing coups, Nigeria has nothing to fear. He gave the assurance during his first official visit to the 6 Division of the...

The House of Representatives Committee on Navy will be investigating the Nigerian Navy for procuring the controversial presidential yacht without the approval of the National Assembly. The Chairman of the House Committee on Navy, Yusuf Gagdi (APC, Plateau) told PREMIUM TIMES via phone interview that the Navy already procured the...

  The Chairman, House of Representatives Committee on Petroleum Resources (Downstream), Ikeagwuonu Ugochinyere, has vowed on behalf of the Committee to conduct a comprehensive audit of the petrol subsidy regime. Speaking at the inaugural meeting of the Committee in Abuja on Friday, Ugochinyere said the implementation of the Petroleum Industry...

  The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, on Thursday, commissioned the Corporate Head Office and Training Academy of the hospitality conglomerate, Genesis Group Limited, in Port Harcourt, Rivers State. The NCDMB boss lauded the firm for being the leading provider...

The Labour Party (LP) presidential candidate in the 2023 general elections,  Peter Obi, has criticised the attack on the President of the Nigeria Labour Congress (NLC), Joe Ajaero, in Imo State. On Wednesday, Ajaero was picked up from the Imo council secretariat of the NLC in Owerri by heavily armed...

A group, the Northern Consensus Movement of Nigeria, has vowed to stop the supply of food from the North to the southern part of the country. The group made this threat following a recent ultimatum issued by a Yoruba nation agitator, Sunday Adeyemo popularly known as Sunday Igboho for the...

  The organised labour unions, comprising the Trade Union Congress (TUC) and the Nigeria Labour Congress (NLC) have declared a nationwide strike over the attack on its NLC President, Joe Ajaero. Announcing the development at a briefing in Abuja on Friday, the leadership of the NLC and TUC issued a...