News

$50bn scam: Reps summons FIRS boss, Tunde Fowler, others

Babatunde Fowler THE House of Representatives Committee on Public Petitions has summoned Executive Chairman of Federal Inland Revenue Service, FIRS, Mr Tunde Fowler, and officials of the Department of Petroleum Resources, DPR, to give account of how Nigeria recorded a loss of $50 billion through false accounting from 2004 till …

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Germany To Deport 12,000 Nigerians

The Senior Special Assistant to the President on Diaspora Affairs, Abike Dabiri-Erewa, has revealed that the German embassy in Nigeria has intimated her office of plans to repatriate at least 12,000 Nigerian asylum seekers from the European country. Speaking in Lagos on Tuesday during the public presentation of two books …

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Deposits in SunTrust Bank grows by 432% to N4.2bn

As a sigh of absolute confidence in the Management of the technology-driven new bank; SunTrust Bank, its customers increased deposits in the bank by a whopping 432 per cent, making it possible for the bank to declare an impressive profit before tax of N343 million, an increase of 160.3 per cent over the N131.9million …

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Banks Frustrating New Forex Measures, CBN Cries Out

L-R: Governor, Central Bank of Nigeria, Godwin Emefiele, and Deputy Governor, Sarah Alade, during an MPC press conference at the bank’s headquarters in Abuja The Central Bank of Nigeria (CBN) yesterday disclosed that it had received reports that some customers seeking to buy foreign exchange (forex) for business travel allowance …

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Health Workers Suspend Strike

Nigeria’s Health Care Proffessionals under the aegis of the Nigerian Union of Allied Health Professionals (NUAHP), on Thursday in Enugu called off its three-week nationwide strike action. The union had embarked on industrial action since 6th of March, 2017 as they asked the federal government to address the unhealthy discrepancies …

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Woman,60, slumps, dies in Sokoto

A 60-year-old woman on Friday slumped and died while walking along a street in Sokoto. The News Agency of Nigeria (NAN) reports that the incident occurred at about 11:00 a.m. along Garba Duba road in Sokoto metropolis. The Police Public Relations Officer of the State Police Command, El-Mustapha Sani, confirmed …

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Disclaimer – Robert Mbonu / Heritage Bank

Our attention has been brought to reports published by some online news blogs in which mention was made of Mr Robert Mbonu – in connection with EFCC investigations into the alleged diversion of funds from the London and Paris Club refund – as being a former Managing Director of Heritage …

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Five directors sack over illegal recruitment – by Buhari

Following reports of illegal recruitment exercise into the federal civil service, the federal government led by President Muhammadu Buhari has given the nod to the dismissal of five directors at the Pension Transitional Arrangement Directorate (PTAD). The five directors, whose identities were yet to be disclosed by the Head of …

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