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Monthly Archives: May 2018

EFCC gets fresh order forfeiting Patience Jonathan’s N7.3b, $8.4m

The Federal High Court in Lagos Division has ordered a temporary forfeiture of N7.3billion and $8.4million allegedly belonging to former First Lady Dame Patience Jonathan. Justice Mojisola Olateregun made the order based on a fresh application by the Economic and Financial Crimes Commission (EFCC). A copy of the order made on April 20 was obtained on Tuesday. The judge had ... Read More »

Season 7 of The GTBank Masters Cup Enters Quarter Final Stage

  The quarter finals of the 2018 GTBank Masters Cup is set to holdon May 8-9, 2018 at the Agege Stadium, Lagos with 16male and female teams competing for a semi-final spot in the prestigious tournament. Organized by leading African financial institution, Guaranty Trust Bank plc, the GTBank Masters Cup is an annual football competition for first generation and missionary ... Read More »

TEAM NEON WINS AT THE CONRAD FINALS

Afolabi Williams, team leader, OlubusiyiFamobiwo, MenashiMordi and OsagumwenroNaamanUgbo, members of Team Neon from Whitesands School, Lagos, have emerged as the 2018 Power Pitch Winner of the Smoke-Free World category of the Conrad Foundation Spirit of Innovation challenge summit held at the Kennedy Space Centre, Visitor Complex, Florida, USA. The four junior school students made it to the fourth round and ... Read More »

Fashola rejects completed houses, roads in Kebbi

Minister of Works, Power and Housing, Babatunde Fashola on Tuesday warned that the Federal Government would not accept the 74 housing units and Jega-Yauri road project due to shoddy job. Fashola who inspected the two projects in Birnin Kebbi, told the contractors to undertake the project within specification otherwise the government would not accept them. He observed that most of ... Read More »

APC cancels Ekiti guber primaries, replaces committee scribe

The national leadership of the All Progressives Congress (APC) on Tuesday bowed to the aspiration of majority of the aspirants in aborted Ekiti governorship primary election by cancelling the aborted exercise and ordering that the exercise be conducted afresh. The party however insisted that the Governor Tanko AlMakura led committee will still be responsible for conducting the primary while the ... Read More »

Heritage Bank restates commitment to agriculture

Heritage Bank Plc says it is committed to the sustenance, growth and development of the nation’s agricultural sector. Mr Fela Ibidapo, Divisional Head of Corporate Communications, Heritage Bank, said this in a statement on Tuesday in Lagos. Ibidapo said the bank was committed to leading the way in agricultural financing in the country. He said that the bank was currently ... Read More »

EFCC traces 61 assets to ex-bank MD in Dubai

The Economic and Financial Crimes Commission( EFCC) has traced 61 assets  to former Managing Director/Chief Executive Officer of Oceanic Bank Mrs. Cecilia Ibru in Dubai in its ongoing tracking of looted funds. The assets include 41 shops, 16 mansions and four park towers. All the properties have been confiscated, but their sale is trailed by controversy because about $4,522,413.20 remain ... Read More »

Nothing must happen to Melaye, Dogara warns security agencies

The Speaker of the House of Representatives, Yakubu Dogara has warned the heads of security agencies involved in the case of Senator Dino Melaye (Kogi), saying that nothing untowards must happen to the lawmaker. He said if anything happened to the senator, heads of security agencies involved would be held responsible. The Speaker, who was short of naming the security agency he ... Read More »

US Revokes Dokpesi’s Visa

The chairman of DAAR communications, Raymond Dokpesi is saying the US has revoked his visa after he was accused of looting Nigeria’s treasury. Lai Mohammed, minister of information, had listed Dokpesi, among other chieftains of the Peoples Democratic Party (PDP), as those who looted public funds. Dokpesi is currently standing trial for allegedly receiving N2.1 billion from the office of ... Read More »

Prominent leaders of the southern and Middle Belt parts of Nigeria are currently meeting with the Senate hierarchy. They include Chiefs Ayo Adebanjo, Edwin Clark, Obong Victor Attah, Chukwuemeka Ezeife, John Nwodo, and Mr. Yinka Odumakin Receiving them were President of the Senate, Bukola Saraki; Deputy Senate President, Ike Ekweremadu, and several other senators. A member of the delegation said ... Read More »

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