Politics

The High Court of the Federal Capital Territory, Maitama, Abuja, on Tuesday dismissed corruption charges involving alleged mismanagement of about N115m public fund preferred against the suspended Director General of the Security and Exchange Commission, Mounir Gwarzo; and a commissioner of the commission, Zakwanu Garuba.

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The Nigeria Immigration Service has denied allegation of shortage of passport booklets in the country.

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Less than two months to the end the 5th Bayelsa state House of Assembly, one of the two remaining members of the opposition parties, Honourable Gabriel Ogbara has defected from his party, the African Democratic Congress (ADC), to the ruling Peoples Democratic Party (PDP).

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The Bayelsa state Governorship candidate of the Masses Movement of Nigeria (MMN), Mr. Jones Okiah says if elected as Governor come November 2019 that the hinterlands of the state would be linked with roads.

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It was rain of accolades for the outgoing General Manager and Chief Compliance Officer of Heritage Bank Plc, Mr. Adewumi Adeniyi, yesterday as management colleagues praised him for his exceptional contribution to the growth of the sector after an unbroken stint of 37 years of working in the banking industry.

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The Federal High Court in Lagos yesterday rejected the motion on notice seeking to stop Access Bank Plc from taking over a property owned by the Minister of Petroleum Resources, Chief Don Etiebet, known as Etiebet’s Place in Ikeja, Lagos.

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The consumer price index (CPI) which measures inflation dropped to 11.25 per cent (year-on-year) in March compared to 11.31 per cent in February, according to the National Bureau of Statistics (NBS).

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Judgement in the trial of Walter Onnoghen, the suspended Chief Justice of Nigeria (CJN), for a six-count charge of fraudulent declaration of assets will be given on Thursday, April 18, the Code of Conduct Tribunal (CCT) has announced.

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Indications have emerged that Heritage Bank Plc yesterday on an order of Federal High Court Ikoyi Division seized the property of Smooth  Promotions Limited, owner of Hip TV, owned by Ayo Animashaun,  situated at No. 4 Ogundana Street, Off Allen Avenue, Ikeja; Lagos following inability to pay back the bank loan worth Hundreds of Millions.

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Ecobank Transnational Incorporated has revealed plans to sell $500m Eurobonds at yields that may rank among the highest from emerging markets this year.

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