Ozekhome asks court to defreeze his account
Chief Mike Ozekhome, a Lagos-based lawyer and Rights activist, has asked a Federal High Court in Lagos to vacate an interim order freezing his account. Justice Abdulazeez Anka, had on…
Court orders permanent forfeiture of Dieziani’s $153m
A Federal High Court sitting in Lagos on Thursday ordered the permanent forfeiture the sum of $153m, being amount allegedly diverted from the coffers of the Nigerian National Petroleum Corporation,…
Grumpy Wenger may quit Arsenal this summer
Arsene Wenger’s future as Arsenal manager will be decided at the end of the season, the BBC reported on Thursday without citing sources. There was currently no prospect of Wenger…
Businessman, Bashir Ishaq, docked for obtaining $1m by false pretence
Bashir Ishaq Bashir, alongside his companies, Leda Greenpower Consortium, Leda Greenpower Nigeria Limited and Leda Consortium Limited have been charged before Justice S.E. Aladetoyinbo of the Federal Capital Territory, FCT…
Two vigilantes arrested in Enugu for kidnapping
The Police Command in Enugu State has arrested two members of vigilance group in Nimbo, Uzouwani Local Government of Enugu State, for alleged kidnap of Enechi Ejiofor, a Special Assistant…
China dares gravity, builds 7.6km bicycle path in the air
With China everything is possible. This time they have built a bicycle path in the air. It is called the ‘skycycle’ path. China’s first bicycle path in the air, at…
Australia Catholic Church pays $212m to children sexually abused by Priests
Australia’s Catholic Church paid 276 million Australian dollars (212 million dollars) in compensation to thousands of people who were victims of sexual abuse as children by priests and religious brothers,…
Arik Air crippled by N352.5 billion debt, says AMCON
Arik Air was taken over by Assets Management Company of Nigeria AMCON because the airline was owing it N146 billion, out of a total N352.5 billion owed global creditors, AMCON’s…
Africa capital market suffers slump in 2016: PwC report
The year 2016 was challenging for African equity markets in the wake of lower economic growth and political upheaval around the globe, largely as a result of the US elections…