The Economic and Financial Crimes Commission, on Tuesday, urged Justice Emeka Nwite of the Federal High Court Abuja to deny the bail application of the detained Binance Holdings Limited executive, Tigran Gambaryan. The anti-graft agency said it was too risky to admit the foreigner to bail, noting the escape of his co-defendant, Nadeem Anjarwalla, from […]
THE Federal Ministry of Finance has recovered over N57bn from the N5.2tn debts owed by ministries, departments and agencies to the Federal Government. The Director, Special Projects, Federal Ministry of Finance, Aisha Omar, disclosed this in Enugu on Tuesday, during a one-day workshop on the Federal Government Debt Recovery Drive, through the Project Lighthouse Programme […]
The Federal Airports Authority of Nigeria has announced the reopening of Runway 18L/36R at Murtala Muhammed Airport in Lagos, following a temporary closure caused by a Dana Air plane skidding off the runway on Tuesday This was disclosed in a press release signed by the Director of Public Affairs and Consumer Protection, FAAN, Obiageli Orah, […]
•EFCC gets order to freeze 300 accounts, says one account transacted $15bn illegally •Naira would have crashed massively if 300 accounts were not frozen – Chairman The Economic and Financial Crimes Commission may prosecute 300 forex racketeers trading on a peer-to-peer platform outside the financial regulations. The EFCC Chairman, Ola Olukoyede, who gave this indication […]
Masters champion Scottie Scheffler continued his dominance by winning the storm-delayed RBC Heritage in South Carolina for his fourth win in five starts. The world number one, 27, carded a three-under-par 68 in the final round to finish on 19 under and win by four shots from fellow American Sahith Theegala. Sunday’s final round was […]
The Nigerian Airspace Management Agency (NAMA) has hinted on the review of navigation charges paid by airlines operating in the country’s airspace. Daily Trust reports that airlines have cried out over increasing charges by service providers even as the operators and the ground-handling companies are still in a fix over the proposed upward review of […]
The Kano State High Court, which initially granted an ex-parte order affirming the suspension of the national chairman of the All Progressives Congress (APC), Abdullahi Umar Ganduje, has vacated the order. The presiding judge, Justice Usman Na’Abba, who gave the April 17 order affirming Ganduje’s suspension, yesterday granted another interim order staying execution of the […]
The Senate Committee on Power has summoned the Minister of Power, Adebayo Adelabu, and the top echelon of the National Electricity Regulatory Commission (NERC) to appear before it for an investigative hearing on the recent electricity tariff hike in the country. The Chairman, Senate Committee on Power, Senator Enyinnaya Abaribe, disclosed this on Monday during […]
The University of Lagos (UNILAG) has introduced a new programme called the Entrepreneurship, Innovation, and Business Incubation Certification (EIBIC), which will lead to students receiving double certificates upon graduation. Prof. Ayodele Atsenuwa, the university’s deputy vice chancellor for development services, announced this during the programme’s launch yesterday at UNILAG. Atsenuwa said the EIBIC programme was […]
Governor Dauda Lawal of Zamfara State has called for the deployment of advanced technology to combat insecurity in the state and the Northern region in general. Governor Lawal made the call during a meeting with Amina J. Mohammed, Deputy Secretary-General of the United Nations in Washington, United States on Friday, according to a statement issued […]