News

N2.4bn shipping document fraud: Court fixes Nov 25 for Innosson Ltd case A Federal High Court in Lagos on Monday fixed November 25 to hear a N2.4 billion suit filed against a company – Innosson Nig. Ltd – over alleged falsification of shipping documents. Charged alongside Innosson Nig. Ltd are Innocent Chukwuma, Charles Chukwu, Maximian Chukwura, Mitsui Osk Lines ‘C’ …

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OTC Market records 5.45 % decline YoY in September   Turnover of transactions carried out in the Fixed Income and Currency (FIC) markets for the month of September 2016 amounted to ₦10.85trn; an increase of 11.30 per cent (₦1.10trn) over the value recorded in August and a 5.45 per cent (₦0.63trn) decline Year on Year (YOY). Activities in the Foreign …

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NSE Named Most Innovative Stock Exchange in Africa 2016  The Nigerian Stock Exchange (NSE or The Exchange) has emerged the Most Innovative Stock Exchange in Africa 2016. This award was presented to The Exchange by The Business Year Magazine on Monday, October 17, 2016 at the Stock Exchange House, Lagos. The Business Year Magazine Awards recognize different categories of players …

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Olabode‎ Adaramola The Niger State Government has said it will no longer fold its hands and allow individuals, groups of persons and communities in parts of the state to take Law into their hands and cause a breach of the peace in the state. The State’s Acting Governor , Alhaji Ahmed Mohammed Ketso made the declaration on Sunday in Minna …

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Niger Governor seeks House’s approval to borrow N2.5bn to pay Salaries’ Olabode Adaramola Niger State Governor, Alh Abubakar Sani Bello has requested for the approval of the state House of Assembly to obtain N2.5billion loan from a new generation bank to enable the government meets up with the payment of October, 2016 salaries of the state civil servants. ‎ The Speaker of the State House …

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‘Deeper Life Bible Church, at the fore front of Anti- Corruption Crusade in Nigeria’– Niger Overseer ….. As Pastor W. F. Kumuyi storms Minna for a Crusade Olabode Adaramola The Deeper Life Bible Church has said that it is in the fore front of the ongoing fight against corruption in the country by the federal government, as it is prepared …

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  PUNCH   Recession: Dangote sacks 36 expatriates, 12 Nigerians NJC plans to stop publication of petitions against judges Police recovers 19 cars, SUVs from ex-IG Arase Ex-gov Yero spent N4.1bn on sweets, juice, training in 2014 –Commissioner VANGUARD Obanikoro will account for N4.7bn fraud-EFCC NJC bars judges, judicial workers from accepting gifts TRIBUNE Hoodlums attack AD supporters in Ondo …

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Folake Sokoya The operatives of Rapid Response Squad (RRS) of Lagos State Police Command have apprehended a tricycle rider, popularly called, “Keke Marwa”, for allegedly abducting a 15 – year old girl and turning her into sex slave. The suspect, Dada Azeez, 28,  abducted Bukunmi on October 5,2016 while on errand for her aunt in Agege area until RRS operatives …

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Akinwummi Ambode, Lagos State Gov. 2-month old baby sold for N450,000 in Lagos 51-year-old woman, Rose Edward, is in police net for allegedly buying a 2-month-old baby for N450,000. According to agency report, Cordelia Nwanwe, the Akwa Ibom Police Command’s spokesperson, told journalists that a homeopathic doctor, Eneyo Nyang, was arrested in connection with the crime. He said Ms. Edward, …

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Niger Govt. Appeals to Mokwa/ Katcha Local Govts to embrace peace over disputed land matters Olabode ‎Adaramola The Niger State Government has sent a passionate appeal to the warring Mokwa and Katcha Local Governments to sheath their swards, eschew violence and embrace peace in order to live peacefully with one another in in the overall interests of all concerned. Making …

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