Latest Nigeria Business News
An Ilorin, Kwara State lawyer Olarewaju Aluko and his client, Taiye Na’Allah, yesterday sued the Economic and Financial Commission (EFCC) at a Kwara State High Court for alleged defamation of character. The duo are seeking redress and asking for N20 million damages from the commission. The Ilorin Zonal office of the commission, on Wednesday, accused […]
All Progressives Congress (APC) national stalwart, Asiwaju Bola Tinubu, has commiserated with the General Overseer of the Mountain of Fire and Miracles Ministries Worldwide, Dr. Daniel Kolawole Olukoya, on the death of his mother, Mama Janet Olukoya. She was 95. In a condolence letter yesterday to Pastor Olukoya, Asiwaju Tinubu urged the General Overseer and […]
The Federal High Court in Lagos on Thursday discharged and acquitted former President Goodluck Jonathan’s aide on Domestic Affairs, Dr Waripamo Owei-Dudafa, of alleged N1.6 billion money laundering charge. In a 190-page judgment, Justice Mohammed Idris held that the Economic and Financial Crimes Commission (EFCC) failed to prove any of the 22 counts against Owei-Dudafa […]
President Muhammadu Buhari on Friday held investment talks with top officials of Japan Bank for International Cooperation, and Toyota Group, at the margins of the Seventh Tokyo International Conference on African Development (TICAD 7), holding in Yokohama, Japan. Led by its Deputy Governor, Mr Nobumitsu Hayashi, the Japan Bank for International Cooperation indicated its interest […]
The Police Service Commission has suspended the ongoing process of recruitment of 10,000 Constables into the Nigeria Police Force. The Commission explained that the suspension would enable it finalise the remaining stage of the exercise. The Commission also urged candidates to await further directives from it. This is contained in a statement in Abuja on […]
The Nigerian Ports Authority (NPA) Delta Ports, says it generated over $45.2 million within January and June 2019, a significant increase attributed to the improved security in the area. This was disclosed at a stakeholders forum presided over by chairman of the NPA board of directors, Mr. Emmanuel Adesoye, at the New Port, Warri in Delta state. […]
The Federal Government has alleged that the leader of the Islamic Movement of Nigeria, Sheik Ibrahim El-Zakzaky, has the sole aim of turning Nigeria into an Islamic state. The government also said the cleric had the full support of Iran to achieve this aim. The government made these claims in a counter-affidavit it filed against […]
Justice Nkeonye Maha of the Federal High Court in Abuja, on Wednesday, refused to hear an application filed by the convener of #RevolutionNow protest, Mr Omoyele Sowore, who is being held by the Department of State Services, for allegedly plotting a coup against President Muhammadu Buhari. Sowore, who has been in the DSS custody since […]
The Economic and Financial Crimes Commission has detained two senior officials of the Niger Delta Power Holding Company in connection with the ongoing investigation into alleged billions of dollars spent on power sector in the country. It was gathered that the NDPHC Head of Finance, Mr Marvel Emefiele, and Head of Compensation, Mr Eze Odigbo, […]
The Independent Corrupt Practices and other related offences Commission has said it has freed 14 females locked in a room during a raid on an Abuja house allegedly owned by the National Coordinator, Federal Civil Service Staff with Disabilities Multipurpose Cooperative Society, Alhaji Iliasu Abdul-Rauf. In a statement, spokeswoman for the commission, Rasheedat Okoduwa, said […]