FBN Holdings PLC (“FBNHoldings), Nigeria’s leading financial holdings company, has announced the appointments of Mr. Seni Adetu and Mrs. Juliet Anammah as Independent Non-Executive directors, while Mr. Otu Hughes has been appointed as a Non-Executive director. These appointments are subject to the approval of the Central Bank of Nigeria (“CBN”). Speaking …
Read More »LAGOS COURT SENTENCES TWO MEN TO DEATH FOR ARMED ROBBERY
A Lagos State High Court sitting in Ikeja on Monday sentenced two persons, Moshood Ogunshola and Wasiu Lekan to death for armed robbery in Lagos. Justice S. S Ogunsanya delivered the judgement in charge No.ID/359C/13 between Lagos State vs Moshood Ogunshola and Wasiu Lekan. The defendants, who pleaded guilty, conspired …
Read More »Journalist narrates experience inside over 700 armed bandits, kidnappers’ den, says Nigeria on time bomb
By Tukur Mamu, Publisher, Desert Herald Newspaper The second day of Sheikh Dr Ahmad Gumi’s peace and preaching mission to Zamfara state on Tuesday witnessed a major milestone in his singular effort to spread the message of Islam to the Fulani herdsmen and to promote engagement with them in an …
Read More »BREAKING: Buhari extends IGP, Mohammed Adamu’s tenure
Minister of Police Affairs, Mohammad Dingyadi, on Thursday, said the President, Major General Muhammadu Buhari(retd.), has extended the tenure of Mohammed Adamu as the Inspector-General of Police for three months. The minister disclosed this in an interview with State House correspondents at the Presidential Villa, Abuja. He said the …
Read More »Alleged fraud: Maina’s son, Faisal, flees to U.S – EFCC
Faisal Maina, son of Abdulrasheed Maina, former Chairman, defunct Pension Reformed Task Team, PRTT, has fled to the United States of America, USA, the Economic and Financial Crimes Commission, EFCC, has said. The EFCC’s Counsel, Mohammed Abubakar, on Thursday, told Justice Okon Abang of the Federal High Court, Abuja. Mr …
Read More »Court dismisses suit seeking EFCC to probe ex-Gov Yari for N900bn fraud
The Federal High Court, Abuja, on Thursday, dismissed suit seeking an order compelling the Economic and Financial Crimes Commission (EFCC) to investigate former Governor of Zamfara, Abdulaziz Yari, for alleged misappropriation of N900 billion. Justice Okon Abang, in a judgment, dismissed the suit for lacking in merit. The News Agency …
Read More »Anambra PDP, APGA bicker over 2021 election
The Peoples Democratic Party (PDP) and All Progressives Grand Alliance (APGA) in Anambra State are at loggerheads over the November 6 governorship election. The PDP has asked the APGA-led government to prepare its handover note ahead of time, but APGA described the former as ‘noise makers’. A statement yesterday by …
Read More »Naira maintains stability at forex market as Reserves stands hits $36.4b
The naira remains stable at the official and parallel markets, with the foreign exchange (forex) reserves standing at $36.4 billion, data from the Central Bank of Nigeria (CBN) website has shown. The naira’s stability at the same exchange rate for the past four days ignites hope that previous volatility in …
Read More »Court orders Nigerian Breweries to pay Ondo govt N169m haulage fees
An Ondo State High Court has ordered Nigerian Breweries PLC to pay N169.175million to the Ondo State Government as haulage fees being owed by the firm. Delivering judgment, Justice William Akintoroye dismissed the suit filed by the Nigerian Breweries PLC as lacking in merit. The company had in suit number …
Read More »Herdsmen: Forgive me, Sunday Igboho begs Ooni of Ife
Sunday Adeyemo, a youth leader better known as Sunday Igboho, has apologised to Enitan Ogunwusi, the Ooni of Ife, hours after he described the monarch as a “Fulani slave”. According to Igboho, the Ooni had failed to tell President Muhammadu Buhari during a meeting in Abuja, the truth about the …
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