NewsDirect

NewsDirect

NASD OTC Securities drops by 0.91%

By Kayode Tokede NASD OTC Securities Exchange market dropped by 0.91 per cent to close the week at 740.04  basis points against 741.45 basis points on last Friday. Also, the market closed on a negative note Year-till-Date (YtD) as the…

Court jails ex-banker 7years for N50m fraud in Enugu

A  former Guaranty Trust Bank staff, Onyekachi Nwosu  has been convicted and sentenced to 7 years imprisonment by a Federal High Court, Enugu, over Fifty Million Naira (50,000,000.00) fraud. Justice R.O. Dugbo Oghoghorie found him guilty  of abusing his position…

Akpabio threatens court action over $5m bribe to Malami

The Honourable Minister of Niger Delta Affairs, Senator Godswill Akpabio has threatened court action over $5million bribe to Attorney General and Minister of Justice, Abubakar Malami, among others to secure the appointment of a sole administrator for the Niger Delta…

Price of cooking gas increased in December — NBS

The National Bureau of Statistics (NBS) has said the average price for refilling five kilogrammes cylinder of cooking gas increased to N1,949.75 in December 2020 from N1,947.47 in November. The bureau said this in its “Liquefied Petroleum Gas (Cooking Gas)…