A Lagos Federal High Court, today, ordered the remand of Bamise Ajetunmobi, a Ponzi Scheme Operator, who has been on the run since 2021, over alleged N7.5 billion fraud. The court presided over by Justice Chukwuejekwu Aneke, remanded the Ponzi Scheme Operator, after he pleaded not guilty to 12 counts …

The immediate family of Isaac Atufe, CEO of Zeakers Automobiles wish to advise existing and prospective customers of the brand to stop patronizing him for automobiles or for any other financial related business he is associated with because of recent developments that are associated with the firm. We will not …

FMDQ Exchange FMDQ Securities Exchange has acquired 1,080,641,902 units of CSCS shares in transaction valued at about N20billion. This development confirms BusinessDay report about a year and half ago on FMDQ Grou paying N20billion to acquire 21.6 percent equity stake in Central Securities Clearing System (CSCS) Plc. Transactions of this …

Mmesoma Ejikeme Innoson Group has announced the withdrawal of the scholarship the firm awarded to Ejikeme Mmesoma after the committee set up by Chukwuma Soludo, Anambra State governor revealed that she faked her Unified Tertiary Matriculation Examination (UTME) result. Cornel Osigwe, head of corporate communications and affairs at Innoson Group …

The Senate, on Thursday, said it will investigate a gas processing deal involving the Ministry of Finance, the Niger Delta Power Holding Company, Calabar Generation Company Limited and Accugas Limited. According to the sponsor of the motion, Senator Aniekan Bassey (from PDP, Akwa Ibom), the gas supply agreement is disadvantageous …

Lagos State governor, Babajide Sanwo-Olu, has replied a Senior Advocate of Nigeria (SAN), Ebun-Olu Adegboruwa, who in a statement titled ‘Lagos Without a Cabinet’ on Friday, had accused him of running a one-man show. Adegboruwa had said that the state fund was being spent daily without commissioners and without an …

Mmesoma sitting before the panel Joy Mmesoma Ejikeme, Anambra JAMB candidate, has finally owned up to forging her 2023 Unified Tertiary Matriculation Examination result. This was the major highlight of the report of a panel set up by Governor Chukwuma Soludo to probe the raging issue. Professor Soludo set up …

    It is now longer naysaying that no one is safe from bad government policies, including its cheerleaders. The effects of a wrong-headed approach to governance is evident in every home, on every plate of food (if any), the quality of living; even on Abuja’s now near empty streets, …

Abba Kyari The Federal High Court in Abuja has retained Abba Kyari, the suspended Deputy Commissioner of Police, in the custody of the Nigerian Correctional Service (NCoS) despite being granted N50 million bail. Recall that Kyari was granted the N50 million bail by the presiding judge, Justice James Omotosho of …

Kwarra, Tinubu Nasir Kwarra, the Chairman of the National Population Census (NPC) has requested the release of the allocated N31 billion capital allocation, in the 2023 budget, for preparatory activities ahead of the exercise. Kwarra, on Thursday, also requested President Bola Tinubu’s approval for an additional N225.2 billion to cover …