The National Union of Electricity Employees (NUEE) has suspended the strike embarked upon on Wednesday. The union had embarked on the strike at the expiration of a 21-day ultimatum given to... Read more
US seizes private jet belonging to yet-to-identified Nigerian involved in multi-million-dollar fraud
The Government of United States has reportedly seized an expensive private jet belonging to a unidentified Nigerian man over alleged fraud. The jet was seized by the US Federal age... Read more
IBRAHIM Magu, the Acting Chairman, Economic and Financial Commission (EFCC), says the commission has so far secured 1,900 convictions and recovered N794 billion in four years. Magu disc... Read more
The Lagos State Internal Revenue Service (LIRS) in its enforcement activities, has shut nine companies and hospitality firms over alleged failure to remit N21.59 million consumption taxes to... Read more
Lawyers for the Nigerian government on Friday filed “new and substantive” allegations of fraud with a British court in its ongoing fight against an arbitration award now worth mo... Read more
Federal High Court in Lagos on Thursday sentenced a former Governor of Abia, Orji Kalu, to 12 years’ imprisonment for N7.2 billion fraud and money laundering. Vanguard reports that thee cou... Read more
How she allegedly bought the passport Towards the end of former President Goodluck Jonathan’s administration, former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, was appointe... Read more
A Federal High Court in Ikoyi, Lagos has ordered the Federal Government to recover pensions collected by former governors serving as ministers and members of the National Assembly. The court... Read more
The non-performing loan portfolio of the banking sector declined from N2.24tn to N1.1tn between the third quarter of 2018 and the third quarter of this year, a report by National Bureau of S... Read more
Transport Minister, Rotimi Amaechi, said Monday that owed nobody apology for citing the Federal University of Transportation in Daura. Daura is the hometown of the President Muhammadu Buhari... Read more