Thursday , 28 March 2024

news

Dangote refinery’ll strengthen naira, save economy – National Assembly

The National Assembly has said the oil refinery being built by Dangote Group will strengthen the Nigerian currency and prevent economic doom when it comes on stream. The legislature said this on Tuesday during an inspection visit to the site of the Dangote refinery, petrochemicals complex, fertiliser plant and subsea gas pupeline projects in Ibeju Lekki, Lagos. The Chairman, Senate ... Read More »

Financial Crisis hits Rainoil as AMCON take over the properties, freezes accounts

A Federal High Court in Lagos has ordered the freezing of bank accounts and shares belonging to downstream oil and gas company, Rainoil Limited, and 13 others over a N1.6bn debt. The 13 others affected include David Ogwu, Anthony Ezeh, Clara Rotzler, Vincent Otiono, Vincent Sankey, Victoria Alo, Preye Ogriki, Treasure Afolanyan, Chief Nwagwu, Peter Ololo, Gordons Ejikeme, Joe Idudu ... Read More »

Kagara: Breakdown of negotiation stalls release of abducted students

…as parents of abducted students raise N2.7m Negotiations for the release of the Kagara students and staff have broken down at the last minute of their release. This development, We gathered has led to the parents of students raising money for the release of the students which was rejected by the bandits. A source told our correspondent that the negotiation ... Read More »

N2.2bn fraud: Fayose gets permission for foreign medical trip

Justice C.J. Aneke of the Federal High Court in Lagos has granted permission to a former governor of Ekiti State, Ayodele Fayose, to travel abroad for further medical treatment. Fayose is being prosecuted by the Economic and Financial Crimes Commission for an alleged fraud of N2.2bn. Justice Aneke permitted Fayose to travel abroad for treatment following an application by his ... Read More »

Sheikh Gumi met with bandits near military post, says ex-DSS director

A former Assistant Director with the Department of State Services, Mr. Dennis Amachree, says the compound where Islamic cleric, Sheikh Gumi, met bandits in Niger State to discuss the release of the abducted students and teachers of Government Science College, Kangara, is very close to a military post. Amachree, however, said the security officials were asked to drop their weapons ... Read More »

N197m fraud: Prosecution delays arraignment Of Formal Branch Manager Of New generation bank

The unpreparedness of the prosecution counsel in the matter against a female official of a new generation bank charged with the alleged theft of N197 million from a customer led to the adjournment of the matter to March 22, 2021 for arraignment. When the matter came up on Monday, the prosecution counsel for the Economic and Financial Crimes Commission (EFCC), ... Read More »

Uzodinma vs Okorocha: Suspect slumps as court grants 14 ex-governor’s loyalists N70m bail

There was a mild drama at an Owerri Magistrate Court, Imo State on Monday as one of the 14 suspects, Darlington Ibekwe, being arraigned for breaking into the sealed estate of the former governor of the state, Rochas Okorocha slumped inside the courtroom. Ibekwe and 13 other loyalists of Senator Okorocha, were accused of conspiring among themselves to disobey a ... Read More »

Concern in Nigeria Especially Gombe State over scarcity of husbands for single women

In September 2013, hundreds of single women led by Suwaiba Isa stormed the streets of Gusau, the capital of Zamfara State, protesting scarcity of husbands for more than 8,000 of them. A similar protest earlier planned by Hajiya Altine Abdullahi for widows and unmarried Kano women in August 2009 was averted by Kano State Government which quickly arranged mass wedding ... Read More »

EFCC acting chairman promoted to Level 14 ahead of Senate screening

…Lawyer sues Senate, asks court to stop Bawa’s confirmation The new acting Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, has been promoted to the rank of Chief Detective Superintendent ahead of his Senate screening. The move comes amid a lawsuit challenging Bawa’s qualification for the job. Section 2 of the EFCC Act states that a person who ... Read More »

Banks turning female marketers to sexual slaves – Senator Ayo Akinyelure

The Senate, on Thursday, considered a bill seeking to stop employers in the private and public sectors from engaging employable Nigerian graduates as casual workers. The Prohibition of Casualisation Bill 2020 was sponsored by Senator Ayo Akinyelure. Akinyelure said casualisation of Nigerian graduates in the Nigerian labour market had become a subject of great concern. He said more workers continued ... Read More »

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