Rivers State Governor, Nyesom Wike has promised to give the ban on open-grazing in the state a legal backing by sending the required bill to the Rivers State House of Assembly. The governor said his administration settled for an anti-open grazing bill to protect the people of the state. At …
Read More »ex-MD of Bank PHB, Francis Atuche jailed 12 years for N25.7bn fraud
Francis Atuche Justice Lateefa Okunnu of the Lagos State High Court, Ikeja, has sentenced a former Managing Director of defunct Bank PHB Plc, Francis Atuche, to 12 years’ imprisonment for N25.7bn fraud in the bank. The bank’s former Chief Financial Officer, Ugo Anyanwu, was sentenced to 10 years’ imprisonment for …
Read More »CEO absconds as forex firm allegedly defrauds 52 investors of N122m
Victims of an alleged scam perpetrated by a Lagos-based forex training and capital investment company, MBA Capital and Trading Limited, are worried over their unpaid dividend and capital, and the disappearance of the Chief Executive Officer, Maxwell Odum. The victims, numbering 52, said the total amount they were defrauded of …
Read More »FG borrowed N1.3tn in four years to subsidise power consumers, firms – World Bank
The President, Major General Muhammadu Buhari (retd.) The Federal Government has borrowed a total of N1.3tn since 2017 to ensure that generation companies and gas suppliers received enough payments to continue generating electricity, the World Bank has said. The bank said this in its ‘Resilience through Reforms’ report. According to …
Read More »More than 50% of Jumia sellers in Nigeria and Kenya are women entrepreneurs
Lagos, Nigeria June 16th, 2021 — Jumia (NYSE : JMIA) collaborated with the International Finance Corporation (IFC), alongside the European Commission and Kantar Public, on a report titled Women and e-commerce in Africa, the first research of its kind in Africa. Covering entrepreneurs in Nigeria, Kenya and Ivory Coast, the …
Read More »TONY ELUMELU FOUNDATION TRAINS OVER 200,000 AFRICAN ENTREPRENEURS ACROSS 54 AFRICAN COUNTRIES
Entrepreneurs have completed the business management training globally likened to an MBA Lagos, June 15, 2021: The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering young African entrepreneurs from all 54 African countries, has successfully trained over 200,000 entrepreneurs in core business management skills as part of its 2021 TEF …
Read More »P+ Measurement Services hosts the 17th Edition of Evaluate PR.
P+ Measurement Services, a leading Media Intelligence and Performance agency in Nigeria, cordially invites Public Relations and Communications professionals to its 17th Edition of Evaluate PR event. The event which is often convened via Twitter is set to take place via Google Meet platform due to the ban on the use of the micro blogging …
Read More »Dangote women empowerment program reaches N4.3billion in disbursement
The Aliko Dangote Foundation (ADF) has doled out a whooping N4.2billion as part of its unconditional Micro Grant Programme for empowering women in the rural areas across the country. Speaking at the flag-off of its one-off unconditional Micro-grants Programme Tuesday in Bauchi, Chairman of the Aliko Dangote Foundation empowered twenty thousand …
Read More »I’ve been receiving death threats, says EFCC boss
Abdulrasheed Bawa, chairman of the Economic and Financial Crimes Commission (EFCC), says corruption does fight back, adding that he has been receiving death threats since he came on board as the chairman of the anti-graft agency. He spoke on Tuesday when he featured in Channels Television’s ‘Sunrise Daily’ programme. President …
Read More »Five cops facing trial for corruption, says Imo CP
Commissioner of Police Imo State, CP Abutu Yaro The Imo State Commissioner of Police, Abutu Yaro, has disclosed that five cops have been arrested for indulging in corrupt practices in the state. The CP equally disclosed that the cops had been subjected to orderly room trial by the command. Yaro, …
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