Saturday , 18 May 2024

Author Archives: NewsThumb Magz

BREAKING: Court strikes out FG’s alleged N70tr looted funds

The Federal High High Court sitting in Lagos has struck out the Federal Government’s suit seeking to recover and forfeit the sum of N70trillion it alleged was stashed in 29 bank accounts by looters. The sum was said to be enough to fund Nigeria’s budget for three years, and the looters, according to the government, were public officials. Justice Peter ... Read More »

2023 : Soludo, has congratulated President-elect,Bola Tinubu, Says Anambra will partner with you for developments

Anambra State Governor, Prof Chukwuma Soludo, has congratulated President-elect, Asiwaju Bola Tinubu of the All Progressives Congress APC for being victorious during the last presidential election in the country. While congratulating the APC winner Tuesday in his statement in Awka, Soludo advised his opponents who lost the election to approach the Court, if they feel aggrieved. But he pledged to ... Read More »

GTCO FOOD & DRINK FESTIVAL 2023… A CELEBRATION OF FOOD!

Thee annual GTCO Food & Drink Festival is back again for its 6th Edition, and food lovers across Africa and the world are in for a feast like never before! The event is slated to hold from Saturday April 29th till Monday May 1st 2023, at GTCentre, Plot 1 Water Corporation Drive, Oniru, Victoria Island, Lagos, providing a 3-day weekend ... Read More »

UNIPORT Student’s Deborah dies due to a lack of bed space to admit her into a ward in the LUTH for prompt treatment

The family of an undergraduate of the University of Port Harcourt, Deborah Doofan, has been thrown into mourning after she died outside the Emergency Ward of the Lagos University Teaching Hospital, Idi-Araba, Surulere, due to a lack of bed space to admit her into a ward in the hospital for prompt treatment. Our correspondence gathered that until Doofan’s death, she ... Read More »

MTN to merge finance subsidiaries

MTN Nigeria has proposed the merger of its two finance subsidiaries – Momo Payment Service Bank Limited and Yello Digital Financial Services Limited. This was revealed in its proposed resolutions for its 2023 Annual General Meeting scheduled to hold in April. The company said that the proposed merger will “hold the Payment Service Bank license granted by the Central Bank ... Read More »

1999 Constitution : Buhari signs Bill compelling President,Govs to form cabinet within 60 days, after inauguration

President Muhammadu Buhari has signed into law the fifth alteration to the 1999 Constitution requiring the President and Governors to send the list of Ministers and Commissioners to the legislature within sixty days after inauguration. The bill, fifth alteration no 23 which is one of the bills which got two third approval of State legislatures, was sent to the President ... Read More »

“I accept the task before me,” Expect a competent cabinet, Youths, women to get big roles and Economic revival, Says President elect Bola Tinubu

NIGERIANS yesterday got an insight into the kind of cabinet President-elect Bola Ahmed Tinubu will form after taking over on May 29. It will be based on competence, youthfulness and with priority for women, but devoid of ethnic and religious consideration, the president-elect said in a statement he personally signed. To those clamouring for the formation of a board-based government, ... Read More »

Update : Alleged N304 million fraud: Ex-NIMASA DG, Baba Jauro, used kids’ firm to launder N120m – (EFCC) witness, Orji

The Federal High Court sitting in Lagos Tuesday heard that a former acting Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Haruna Baba Jauro allegedly laundered N120million through the bank account of a firm he registered in the name of himself, his children and relations. An Economic and Financial Crimes Commission (EFCC) witness, Orji Chukwuma, made the allegation ... Read More »

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