Wife of the Lagos State Commissioner for Environment and Water Resources, Prof. Ibiyemi Olatunji-Bello, has been named the Vice-Chancellor, Lagos State University, Ojo Ibiyemi is the wife of Mr. Tunji Bello, who is one of the aides of Governor Babajide Sanwo-Olu. The new substantive VC, who is a 1985 Psysiology …
Read More »EFCC reacts to chairman, Abdulrasheed Bawa’s collapse
The Economic and Financial Commission, EFCC, on Thursday, reacted to the slump of its chairman, Abdulrasheed Bawa, stressing that he is hale and hearty. A statement by Wilson Uwujaren, head, Media & Publicity of the anti-graft agency, said that though the EFCC boss was unwell, he had since received medical …
Read More »BREAKING: EFCC chairman, Abdulrasheed Bawa, reportedly slumps at Aso Rock
Abdulrasheed Bawa, the chairman of the Economic and Financial Crimes Commission (EFCC), reportedly slumped and was rushed out of the Presidential Villa, Abuja, on Thursday, after he slumped at a programme. According to Daily Trust, Bawa was giving his goodwill message at the National Identity Day celebration when he suddenly …
Read More »Court orders interim forfeiture of Spiralfoss Limited’s N2.7bn, bulletproof Audi vehicle
Justice Tijani Ringim of the Federal High Court sitting in Ikoyi, Lagos has ordered the interim forfeiture of the sum of N2,700,000,000 recovered from the account of Spiralfoss Limited. Justice Ringim gave the order, following an ex parte application filed by the Economic and Financial Crimes Commission, EFCC. Moving the …
Read More »Ex-Rivers Gov, Peter Odili, placed on EFCC Watch List, Immigration Service tells court
Former Rivers State governor, Dr. Peter Odili, has been placed on the watch list of the Economic and Financial Crimes Commission (EFCC ) , the Nigeria Immigration Service (NIS) has told a court in Abuja. Odili, a medical doctor, deputy governor between 1992 and 1993 and two-term governor of Rivers …
Read More »Impact of Jumia is felt in secondary cities despite infrastructure deficit
Low internet penetration, bad road network and infrastructure deficit were among the hindrances identified to forestall e-commerce success in its early days in Nigeria. This was largely due to the fact that the majority of the country’s population lived in rural areas. This was – and still – the situation …
Read More »UNIBEN VC orders closure of varsity over students’ protest
The Vice-Chancellor of the University of Benin (UNIBEN), Prof. Lilian Salami, has announced the immediate closure of the University following the protest that rocked the institution on Tuesday, the News Agency of Nigeria reports. On Tuesday, students of the institution blocked the ever-busy Benin-Lagos Expressway and the Ekheuan Road over a N20,000 …
Read More »Nigeria’s inflation rate declines to 17.01% in August
A report released on Wednesday by the National Bureau of Statistics (NBS) shows that Nigeria’s inflation rate in August dropped to 17.01% from 17.38% recorded in July 2021. This represents the fifth consecutive decline in the rate of inflation recorded in Nigeria. The latest figure is 0.37% points lower than what was …
Read More »Sterling Bank led by Abubakar Suleiman in N1.7 billion fraud mess
Abubakar Suleiman, Sterling Bank MD The Abubakar Suleiman – led Sterling Bank Plc is currently enmeshed in a N1.7 billion fraud scandal. The fraud is said to have rattled the lender’s financial position and it has landed one of the bank’s staff and a businessman in court. The case which is …
Read More »Ecobank Nigeria turns four customers into millionaires
Ecobank Nigeria has presented grand prize of N1 million cheque each to the four winners that emerged at the end of its Super Reward Scheme. The bank says the campaign was to reward customers’ loyalty. For equitable representation of its customers’ base, the Bank segmented the country into four regions …
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