Justice Chukwujekwu Aneke of a Lagos Federal High Court, was today, informed that an alleged Ponzi Scheme Operator, Bamise Samson Ajetunmobi, who is facing trial on alleged N15 billion fraud, has written a letter to the Attorney-General of the Federation (AGF), for an out of court settlement. Ajetunmobi alongside his company, Imagine Global Solution Limited,…
Globally, investors are starting to demand gender diversity in corporate leadership, and there’s mounting evidence that diversity matters for the bottom line. A recent study by Nordea, the largest financial group in Northern Europe, found that companies with a more gender-balanced leadership have more stable returns, while others have found links to higher earnings and…
President Vladimir Putin warned the West on Wednesday Russia was technically ready for nuclear war and that if the U.S. sent troops to Ukraine, it would be considered a significant escalation of the conflict. Putin, speaking just days before a March 15-17 election which is certain to give him another six years in power, said the nuclear…
Dr. Ali Nuhu, on Tuesday, officially assumed duty as the new and seventh Managing Director of the Nigerian Film Corporation (NFC) with a pledge to fast track the growth of Nigeria’s film industry to be predicated on commitment, vigor and determination. At the brief but memorable handing over ceremony, witnessed by Film Stakeholders, NFC Management…
The Enugu Zonal Command of the Economic and Financial Crimes Commission, EFCC on Tuesday, March 12, 2024 arraigned three former bankers: Ogbu Kingsley Ibekwem, Nwagbara Chidimma and Uwaezuoke Raymond; and Chidubem Angela Mgbeke before Justice Mohammed Garba Umar of the Federal High Court sitting in Enugu State. They were arraigned on a four-count charge bordering…
The 63 Brigade of the Nigeria Army has confirmed that it discovered an illegal gun factory in Onicha Olona community, Aniocha North Local Government Area of Delta state. The Commander, 63 Brigade Brigadier General, Ugochukwu Unachukwu, who stated this at the illegal arms factory site, said that the factory can produce ten guns per week. “Eight…
Senator Abdul Ningi, representing Bauchi Central on the platform of the Peoples Democratic Party, PDP, has challenged the Senate President Godswill Akpabio over his take-home pay, saying it’s not known. Ningi spoke on Tuesday while defending his budget padding allegation on the floor of the Senate. The senator had earlier alleged that the 2024 budget…
The Chief Imam and Missioner of Ansaruldeen Society of Nigeria, Northern States Council, Sheikh Muyideen Ajani Bello has enjoined Muslims across the country to spend from what God has given them in the cause of Islam. Bello made this appeal while delivering a Ramadan lecture on Monday, organised by Ajibode Oke-Ona Muslim Community, Ajibode Ibadan….
At least two children have been confirmed dead following a fire incident at the Muna Internally Displaced Persons, IDPs, camp in Borno State. Details of the incident are still sketchy, but Channels TV reported that it occurred on Tuesday. The Borno State Police Command and the state government has not commented on the incident. Details…
The House of Representatives has urged the Central Bank of Nigeria, CBN, to direct banks to work on their systems to mitigate failed transactions and immediately reverse failed transactions without the customer’s prompting. The decision of the House followed the adoption of a motion moved at plenary on Tuesday by Emmanuel Ukpong–Udo. Explaining his motion,…
