The Federal High Court in Abuja on Thursday, struck out the criminal charge filed by the Federal Competition and Consumer Protection Commission (FCCPC) against MTN Nigeria Communications Plc and its top officials. Justice Hauwa Yilwa struck out the suit, in a ruling, following an application for the withdrawal of the …
Read More »Bonghe Microfinance Bank MD Sentenced to 5 Years for N32 Million Fraud
Grace Andreas Karka, Managing Director of Bonghe Microfinance Bank, has been sentenced to five years in prison for fraud involving N32 million. The EFCC prosecuted Karka, revealing unauthorized fund transfers and criminal conspiracy. Justice Benjamin Lawan Manji of the Adamawa State High Court has delivered a verdict of five years’ …
Read More »We’ve Recovered Over 90 Mining Sites From Illegal Miners – Alake
The Minister of Solid Minerals, Mr Dele Alake, says no fewer than 90 mining sites have been recovered from illegal miners across the country. Alake made the disclosure in Akure on Thursday at the ongoing South-West stakeholders’ dialogue organised by Afenifere, the Pan-Yoruba social-cultural group; DAWN Commission, and South-West governors. …
Read More »PTD Condemns 2 Years Anniversary Crisis, Blasts NUPENG Leadership Over Controversial Elections, Divisions, Wasteful Expenditures, & Installation Of Ghost National Chairman
The Petroleum Tanker Drivers (PTD) Branch of NUPENG has condemned in strongest term the two years internal divisions, reckless and wasteful expenditures, and a crisis of identity within its circle after admitting that the hijack of the Branch by the President and the General Secretary, Williams Akporeha and Afolabi …
Read More »‘₦2.7bn Fraud’: Court adjourns Hadi Sirika’s trial till Dec 9
Justice S.C. Oriji of the Federal Capital Territory (FCT) High Court, Maitama, has adjourned till December 9, 2025, the adoption of written addresses by the prosecution and defence counsel in the trial within trial of former Minister of Aviation, Hadi Abubakar Sirika. Sirika is being prosecuted alongside his daughter, Fatima …
Read More »EFCC arraigns businessman, firms for alleged N1.07bn diesel supply fraud
The Economic and Financial Crimes Commission (EFCC) has arraigned a Lagos-based businessman, Ajayi Olushola, along with his companies, Hola-Jayu Nigeria Limited and Mozann Global Merchants Limited, over an alleged N1.07 billion fraud involving the supply of Automotive Gas Oil (AGO). Mr Olushola and his firm appeared on Tuesday before the …
Read More »Euro Climbs to $1.1653 Amidst US Dollar Selling
EUR/USD rose for the fifth day, nearing its 1.1660-1.1670 in 100 days as markets experienced heavy dollar selling. Investors dumped the greenback in anticipation of a US Fed rate cut. The euro strengthened for the fourth consecutive session yesterday, the longest advance in a couple of months. The pair gains …
Read More »183m Email Passwords Leaked in Global Data Breach
The massive leak reportedly exposed over 183 million email passwords. It also contains several passwords linked to Gmail accounts. A massive data breach has reportedly put millions of email users at risk, including accounts associated with Google’s Gmail. Troy Hunt, an Australian security researcher who runs the breach-notification site Have …
Read More »Military Probes FG Agency MD, Raids Former Minister Timipre Sylva’s Home Over Alleged Coup Plot Funding
Military authorities investigating an alleged plot to overthrow President Bola Tinubu have detained a managing director of a federal government agency in the South-South region over suspected links to the financing of the plan. Security sources told TheCable that the MD allegedly transferred a “huge sum of money” …
Read More »Ned Nwoko: I Pity Men With One Wife… It’s Like Standing On One Leg
Businessman and senator representing Delta North, Ned Nwoko, has sparked social media debate with his latest remarks endorsing polygamy and describing men with only one wife as “standing on one leg.” Speaking in a recent interview, Nwoko said he had no regrets about his polygamous lifestyle, insisting that marrying …
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