EFCC Re-arraigns Arisekola’s son, Others For N1bn Subsidy Fraud
The Economic and Financial Crimes Commission (EFCC), on Friday re-arraigned three oil marketers, Abdullahi Alao, scion to the late Ibadan-based politician and businessman, Opeyemi Ajuyah and Olarenwaju Olalusi, over an…
China Telecom Punishes Staff for Prostituting
China’s third-largest mobile carrier China Telecom Corp Ltd punished 31 executives found to have engaged in extravagant banquets and prostitution. The mobile carrier said in a statement that executives at…
Five Global Banks Fined $5.7B for Forex Manipulation
A handful of the world’s largest banks will pay a combined $5.7 billion and plead guilty to criminal antitrust violations in connection with a global currency manipulation scheme, reviving lingering…
Buhari, Nigerien President Commend Jonathan for his Statesmanship
The President-elect, Gen. Muhammadu Buhari, has again commended, President Goodluck Jonathan, for conceding defeat at the March 28 polls. Buhari, who gave the commendation in Abuja on Thursday when he…
Uduaghan Denies Embezzling N200B Delta Fund
Delta State Governor, Dr. Emmanuel Uduaghan has denied allegations by a group who accused him of embezzling over N200bn which was appropriated to the Delta State Oil Producing Areas Development…
No More ‘Boy Boy’ Service to Your Principals, IGP Arase Warns Police Personnel
The Inspector-General of Police, Mr Solomon Arase, has warned security details attached to government officials to stop engaging in domestic chores for their principals. Henceforth, no policeman attached to any…
Ex-banker in Trouble After Assisting a Suspected ATM Card Thief
A former marketing executive with one of the young generation banks is in hot soup, after operatives arrested him for being in possession of a suspected stolen Automated Teller Machine…
Nigerian Diplomat Beaten Up By Equatorial Guinea Police
A Nigerian Diplomat serving in Equatorial Guinea, Mr. Noah Ichaba, was last Saturday beaten to stupor by the country’s Police. He did not commit any offence to warrant the bestiality…
Amassing $60b debt, Jonathan ran the worst economy ever – Osinbanjo
The Vice President-elect, Prof. Yemi Osinbajo, has said the Muhammadu Buhari-led government will inherit the worst economy ever in the history of the nation. He put the nation’s local and…
Jonathan Rallies Global Support for Buhari
President Goodluck Ebele Jonathan on Wednesday in Abuja called on the global community and Nigerians to support the incoming government of President-elect Muhammadu Buhari. Receiving members of the African Ambassadors…