The Federal High Court sitting in Abuja has ordered the Economic and Financial Crimes Commission (EFCC) to transfer to the Office of the Attorney-General of the Federation, all the files and processes relating to the 25-count money laundering and fraud charges instituted against former Aviation Minister, Stella Oduah and eighth …
Read More »IGP urged to probe WAEC officials over Gov. Eno’s certificate
Governor Umo Eno of Akwa Ibom The Acting Inspector General of Police, IGP, Olukayode Egbetokun, has been urged to probe the alleged complicity of some officials of the West African Examination Council (WAEC) acting in attempt to obstruct investigation into the WAEC certificate presented by Governor Umo Bassey Eno of …
Read More »Dangote Cement Spends N41.15bn To Buy-Back 121.4 Million Shares From Shareholders
Chairman of Dangote Group, Aliko Dangote Dangote Cement Plc has spent N41.15bn to repurchase shares belonging to shareholders of the company in its Tranche I of the share buy-back programme. Dangote said it repurchased 121,404,714 shares during the “Tranche I” of its share buy-back programme which lasted for two days …
Read More »NNPCL Begins Remittance Into Federation Account After Exiting Fuel Subsidy Shackle
In line with the provisions of the Petroleum Industry Act 2021, the Nigerian National Petroleum Company Limited has commenced the payment of dividend into the federation account. The NNPC Limited on Thursday begun the payment of interim dividend and PSC profit oil as part of the N907bn shared by the …
Read More »Consider palliatives beyond cash transfer, CAN urges FG
Bola Tinubu and CAN President, Daniel Okoh The Christian Association of Nigeria on Friday called on the Federal Government to ensure that the fuel subsidy palliatives being considered should go beyond cash transfers. The FG, CAN said, should consider the introduction of mass transport across the states to reduce the …
Read More »Leak confidential information, risk dismissal, EFCC chair tells staff
Abdulkarim Chukkol The acting Chairman of the Economic and Financial Crimes Commission, Abdulkarim Chukkol, has threatened to decisively deal with any of its staff who leak confidential information. According to him, the staff members take an oath of secrecy during the process of getting the job, stressing that anyone found …
Read More »PSC fires three senior officers, demotes five
Police Service Commission Logo The Police Service Commission has approved the dismissal of three senior police officers over cases of “serious misconduct”. The commission also approved the demotion of five others found wanting in their official duties. A statement by the commission spokesperson, Ikechukwu Ani, on Friday, said the decisions …
Read More »London court confiscates James Ibori’s N101.1 billion
James Ibori Judge David Tomlinson of Southwark Crown Court in London on Friday ordered the confiscation of £101.5 million pounds ($130.34 million) from former Delta state governor James Ibori. In naira terms, the confiscated amount is N101,143,847,363.27, about one-ninth the amount shared by the three tiers of government on Thursday. …
Read More »Hardship: ‘Endurance Is Our Best Option’ — MURIC Urges Nigerians To Bear With Tinubu
President Bola Ahmed Tinubu The Muslim Rights Concern (MURIC) has appealed to Nigerians to be patient to ensure they reap the long-term gains of the current economic policies of the Bola Tinubu administration. The group’s Executive Director, Prof. Ishaq Akintola, made the appeal in a statement on Friday in Lagos. …
Read More »CASIO Sponsors The Lagos Education Conference 2023: Lauded for Innovative Contribution to Development of Education in Lagos State
CASIO Middle East and Africa FZE, the regional subsidiary of CASIO Computer Co. Ltd, the leading education technology company, has received special recognition at the Lagos State Educational Conference 2023 for its outstanding contribution to the development of education in Lagos State. The recognition follows CASIO’s successful implementation of the …
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