Nollywood has been thrown into mourning following the sad demise of Nollywood actor, Junior Pope. The actor and three of his colleagues were coming back from a movie location in a boat when they fell into Anam River in Anambra state. Their bodies have since been recovered. Hours ago, the …
Read More »Moruf Oseni’s WEMA Bank Faces Legal Woes, Pays N61.350 Million in Penalties Amidst Regulatory Scrutiny
It was reported that a recent investigative report obtained by online newspapers has shed light on WEMA Bank’s legal entanglements in 2023, with the financial institution facing penalties totaling N61.350 million for contravening seven Nigerian laws within a single year. The revelations surfaced from WEMA Bank’s comprehensive financial statement for …
Read More »EFCC’s Fresh Charges Link Emefiele To Four Lagos Registered Firms
No fewer than five firms have been linked with former Central Bank of Nigeria (CBN) Governor Godwin Emefiele in the latest 26-count charge of alleged fraud and corruption filed against him by the Economic and Financial Crimes Commission (EFCC). At least four of the firms have Lagos addresses, our investigations …
Read More »Son Of Ex-Gov Idris Of Kogi Dies In Abuja
The Honourable Mohammed Ibrahim Idris, a former member of the House of Representatives and the son of a former governor of Kogi State, Ibrahim Idris, died today, Wednesday, in Abuja. He represented Ankpa, Olamaboro and Omala federal constituencies at the lower chamber of the National Assembly. It was gathered …
Read More »Moruf Oseni’s Wema Bank Incurs Over N9 Billion In Court Cases
Information reaching TheCommentNG has it that Moruf Oseni’s led Wema Bank PLC has incurred over N9 Billion in court cases as at December 2023. This was revealed in the bank’s full year 2023 financial statement which was released recently. It was also gathered that the previous year’s litigation claims was …
Read More »Ahmad Belgore, Former Appeal Court Judge, Passes On
Ahmad Olanrewaju Belgore, a retired Justice of the Court of Appeal (JCA), has passed away. The news of Belgore’s demise was announced on Tuesday night by the chairman of the Nigeria Bar Association (NBA), Ilorin branch, Kwara State, Kamaldeen Gambari, Esq. “Information reaching me now indicates that Hon. Justice Ahmad …
Read More »Some Airlines In Conspiracy Against Air Peace Slashed Lagos-London Flight To $100 –Chairman, Onyema
Onyema, while featuring on Channels TV on Tuesday night said that there was an “unspoken alliance” among foreign airlines to use lower pricing to eject Air Peace from the Nigeria-London route it recently started. Allen Onyema, Chairman of Nigeria’s indigenous carrier Air Peace, has berated foreign airlines operating the Nigeria-UK …
Read More »Why We Excluded Retained Earnings From Banks Capitalisation Requirement- CBN
The Director of the Financial Policy and Regulatory Department (FPRD) at the Central Bank of Nigeria (CBN), Haruna B. Mustafa has said that the reason for the exclusion of retained earnings is for banks to inject fresh capital into the system. Mustafa said this in a podcast titled ‘Banking Sector …
Read More »Rivers: Family of slain vigilante operative accuses colleagues of foul play
Rivers CP, Tunji Disu Controversy now surrounds the killing of Uche Orukwo, the 30 years old member of a vigilante group allegedly killed in Mile 2 Diobu,Port Harcourt Rivers State last Saturday by cultists. Orukwo, according to earlier information, was allegedly killed by suspected cultists when members of …
Read More »Nigerian Coalition Kicks Against Electricity Tariff Hike, Asks Tinubu Government To End Privatisation
The coalition in a statement by its national coordinator, Comrade Chinedu Bosah, demanded its immediate reversal of the tariff increase and urged the privatisation of the power sector. The Coalition for Affordable and Regular Electricity (CARE) has faulted the recently announced increase in electricity tariff by the Nigerian Electricity Regulatory …
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