THE Ilorin Zonal Office of the Economic and Financial Crimes Commission, EFCC, on Wednesday, July 28, 2021 secured the conviction of one Prince Oyinlola Adedayo Emmanuel and two other persons who were prosecuted on offences bordering on love scam and…
NIGERIANS, and by extension, their businesses, expend about N7 trillion annually on power generation, a Renewable Energy expert, Mr Stephen Ogboko, has said. Ogboko, also the Executive Director and Chief Operating Officer, Off Grid Tech Solutions Ltd., made this known…
TRADING data at the weekend showed that about half of the total value traded at the stock market in recent period were related to half-year position in anticipation of interim dividends. At the Nigerian Exchange (NGX) Limited, NSE’s post-demutualisation name,…
THE Economic and Financial Crimes Commission, EFCC, Abuja Zonal Office has secured the conviction of one Jacob Samuel on an amended one count charge of cheating. Justice J.O. Onwuegbuzie of the Federal Capital Territory High Court, Abuja convicted the defendant after…
JUSTICE C.L. Dabup of the Plateau State High Court sitting in Jos, today July 7, 2021 sentenced three internet fraudsters, Nbubuisi Kerian Ozomba, Paul Obide and Samuel Chukwuebuka Nduchukwe to one-month imprisonment for obtaining money by false pretence through the…
THE Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, on Wednesday, June 23, 2021 promised that the Commission will work with the Fiscal Responsibility Commission, FRC, in blocking budget leakages and recovering operating surpluses withheld by…
JUSTICE J.E Obanor of the Federal Capital Territory High Court, Abuja today June 17, 2021 remanded one Ifeanyi Israel in prison for fraud. Israel was arraigned by the Economic and Financial Crimes Commission EFCC alongside his company, UI Properties Limited, on…
PRESIDENT Muhammadu Buhari on Thursday opened the 157 kilometre-Lagos-Ibadan Standard Gauge Railway Line for full commercial operations. He described the project as another milestone to revitalise the rail infrastructure and improve socio-economic activities. The president called for stakeholder engagement on…
MEMBERS of the House of Representatives in an investigative hearing disagreed with the management of Addax Petroleum over the transfer of ownership of its assets to a Chinese company, SINOPEC, without the consent of the Ministry of Petroleum. Minister of…
AIRTEL Africa Plc has announced Olusegun Ogunsanya as Managing Director and CEO. A Nigerian, Ogunsanya is to succeed Raghunath Mandava, who has informed the board of his intention to retire. Ogunsanya joined Airtel Africa in 2012 as Managing Director and…
