The ad hoc committee of the House of Representatives investigating the lease of Federal Government owned assets has invited the Economic and Financial Crimes Commission (EFCC) to help in the recovery of N6.5 billion unpaid dues from the Lagos Trade…
The 28th Nigerian Economic Summit has come and gone but the expected gains from the summit cannot be swept under the carpet. This is considering the fact that the inflation is soaring with the rate of 21.09 per cent released…
By Ridwan Adekunle The absence of the defence counsel to Ismaila Mustapha (alias Mompha), on Wednesday stalled the trial in the alleged N6billion money laundering case against him. Justice Mojisola Dada of an Ikeja Special Offences Court adjourned the case…
By Ridwan Adekunle The Economic and Financial Crimes Commission (EFCC) has arrested an alleged currency speculator, Mustapha Muhammed also known as Muaspaha Naira, in Abuja. The Commission made the announcement in a Twitter post on Wednesday and also released a…
By Ridwan Adekunle An elderly man, Musa Sulaiman, and his daughter, Salma Musa, on Wednesday dragged one Umar Salisu, a tricycle rider, to a Shari’a court sitting at Rigasa, Kaduna for impregnating the daughter. The two plaintiffs who spoke through…
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has stated that the National Ethics and Integrity Policy (NEIP), developed and approved by government in 2020, is meant to restore the values of the society that are being eroded.…
By Ibiyemi Mathew Amidst rising economic challenges globally, the Organisation of the Petroleum Exporting Countries (OPEC) has trimmed the demand growth for oil in 2022, 2023 by 100,000 bpd. This is the fifth time since April the organization has trimmed…
…Decries inadequate power supply By Gloria Akudoro, Abuja. As Nigerians continue to battle with the epileptic power supply in the country, the Group Managing Director, Sahara Power Group, Engr. Kola Adesina, has said that pressing towards achieving steady electricity supply…
By Philemon Adedeji Nigerian equities recovered as the benchmark Index rose by 0.55 per cent to settle at 44,050.44 index points. Bullish sentiment in telco heavyweights, MTNN (+0.32 per cent), Buafoods (+0.80 per cent) and Zenith Bank (+8.46 per cent)…
The shares of Lafarge Africa Plc decreased from N22.25 per share at the start of trading on Tuesday, to N20.10 at the end of the trading session. The decline represents a 9.66 per cent loss, even as the cement maker’s…
