An Aba-la-Ohazu Customary Court in Aba South Local Government Area of Abia has dissolved the marriage between one Emeka Awujuo and his wife Chinyere on grounds of accusation of extra-marital affairs and fighting. Emeka, the petitioner, told the court that his wife had caused him much agony and pain by calling him an outcast (Osu) and fighting him regularly since …

A Mararaba Upper Area Court, Nasarawa State, on Tuesday dissolved the 4-month old marriage between Usman Eggon and his wife, Ladi, for lack of respect and consistent quarrel. The judge, Ibrahim Shekarau, dissolved the marriage in the interest of peace, saying that the parties have ceased to be husband and wife henceforth. “Parties are to maintain peace all the time, …

The National Bureau of Statistics (NBS) said that the FCT and Lagos State reported a total of 58,566 crime cases in 2016. The NBS stated this in a Crime Statistics: Reported by Type and State in 2016 and posted on the bureau’s website on Tuesday in Abuja. According to the bureau, the FCT and Lagos State reported highest crime cases …

The Minister of Power Works and Housing, Babatunde Fashola, has called on the Federal Government to extend its ‘whistleblowing’ policy to the power sector to curb energy theft. Fashola made the appeal in Enugu at the 16th Power sector monthly meeting, sponsored by the Niger Delta Power Holding Company. He said that available statistics revealed huge energy theft by Nigerians, adding …

The group financial performance of the Nigerian National Petroleum Corporation recorded its third consecutive monthly loss in March as the oil firm reported a loss of N33.996bn in the first quarter of this year. According to the latest monthly financial and operations report for March 2017, the NNPC stated that crude oil production also decreased from 1.84 million barrels per …

The second edition of a retail banking workshop organised by Ciuci Consulting will explore strategic tools employed to drive financial inclusion. According to a statement by the consulting firm, the workshop, themed, ‘Catalysing SME funding and retail lending to Nigeria’s economic development’, is in line with the CBN’s policies and processes designed to enhance financial inclusion. The programme is scheduled …

Cross section of Activist and pro-democracy Comrades at a National Breakfast prayers and Tributes session in honour of the Martyrdom of MKO Abiola‎’s 24th Anniversary of June 12 with theme: ‘June 12 and the hope of equitable restructuring for Nigeria, organised by June 12 Democracy Movement in Lagos…on Monday. Photo: Abiodun Omotosho Advertisement

As a further validation of UBA’s Pan-African growth strategy, United Bank for Africa Plc (UBA) has successfully raised USD500 million debut Eurobond. The bond was oversubscribed by 240%. The significant investor demand reflects the strong global investor appetite for UBA’s credit and support for the Group’s pan-African financial services strategy. The Global Offering is a five-year senior unsecured benchmark bond (144A/Reg S) listed …

COMMUNIQUE OF THE COUNCIL MEETING OF THE LAGOS CHAMBER OF COMMERCE AND INDUSTRY [LCCI] HELD ON WEDNESDAY 7TH JUNE 2017 The Council of the Lagos Chamber of Commerce and Industry [LCCI] met on Wednesday 7th June 2017 to deliberate on issues impacting on the business environment. Ease of Doing Business Initiatives Council commended the various policy measures put in place …

From Left: shows Tony Ibeziako, Head, Domestic Primary Market, The Nigerian Stock Exchange (NSE); Haruna Jalo-Waziri, Executive Director, Capital Markets Division, NSE; Jimoh Adebayo, Chairman, Board of Director, Omoluabi Mortgage Bank Plc and Olowookore Ayodele, Managing Director/CEO, Omoluabi Mortgage Bank Plc at Facts Behind the Figures presentation at the Exchange on Monday. Advertisement