News

The Economic and Financial Crimes Commission (EFCC) has said that there had been anxiety in the banking sector following its directives for bank employees to declare their assets in accordance with the Bank Employees, etc (Declaration of Assets) Act 1986. DAILY RECORD reports that the ACT requires every bank employee to make …

The Nigerian National Petroleum Corporation (NNPC) on Monday said it is currently considering equity participation in some private refineries across the country. It said this was in line with a Federal Government’s policy directive which stipulated the mandatory participation of the corporation in any privately-owned refinery that exceeded 50,000 barrels …

Adebayo Somefun President Muhammadu Buhari has sacked the suspended Managing Director of the Nigeria Social Insurance Trust Fund (NSITF),Adebayo Somefun for spending N3.4 billion on “non-existent staff training.” The President also approved the appointment of Akabogu Michael as Managing Director/Chief Executive Officer to replace Somefun. Somefun and three other Executive …

Ahmed Gulak Stephen Angbulu, Chidiebube Okeoma, Peter Dada, Hindi Livinus, Yola and Edward Nnachi 31 May 2021 The President, Major General Muhammadu Buhari (retd.), on Sunday said his regime would ensure that those who killed a chieftain of the ruling All Progressives Congress, Ahmed Gulak, were brought to justice. Buhari …

Shareholders of NASCON Allied Industries Plc have approved a total dividend of N1.06 billion declared by the company for the financial year ended Dec. 31, 2020. The shareholders unanimously gave the approval at the company’s Annual General Meeting on Friday in Lagos. The dividend translated to 40k per share to …

The Nigerian Police Force says it has captured suspected killers of ex-President Goodluck Jonathan political adviser, Ahmed Gulak. Gulak was shot dead by unknown gunmen in Ngo-Okpala area of Imo state on Saturday evening on his way to the Sam Mbakwe airport. However, in a statement made available to this newspaper on Sunday night, …

Atiku and Amaechi The Honourable Minister of Transportation, Rotimi Amaechi ’s alleged 2023 vice presidential ambition is the reason for his recent battles against the suspended managing director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman, Per Second News is reporting. Usman was suspended as part of a supposed move to …

Worried by the incessant cases of kidnapping in almost all conceivable places, murder of innocent people, including Policemen, burning down of police stations, correctional facilities, and INEC offices nationwide, the Catholic Archbishop of Lagos, Most Rev. Alfred Adewale Martins has urged the Federal Government to declare a state of emergency …

The Economic and Financial Crimes Commission (EFCC) has said the pieces of jewellery seized from Diezani Alison-Madueke, a former Minister of Petroleum Resources, have been valued at about N14.460 billion.  He also said that the Houses seized from the former Minister is also valued at 80million dollars. The EFCC Chairman, …

When great men celebrate, even the stars bow in solemn hallow. As Dr. Victor Alewo Adoji (DVAA), the erudite banker-turned politician celebrates his 50th birthday on Saturday May 29, 2021, the periscope is focused on a man who has given his all to create peace, tranquility and progress for his …