N500m for lawyers over MTN’s fine

The Federal Executive Council (FEC) on Wednesday approved the payment of N500 million legal fees to lawyers for the recovery of N330 billion fine from the Mobile Telecommunications Network (MTN). MTN plans listing on Nigerian Stock Exchange in July MTN was fined by the Nigerian Communications Commission (NCC) in 2017 for breaching directives on SIM More...

by Uchenna Ajah | Published 1 week ago
By Uchenna Ajah On Monday, June 11th, 2018
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GT bank vs INNOSON: Management of bank reassures customers

By FELIX OLOYEDE In a swift reaction to the allegedly unfounded stories making the rounds that Nigeria’s Supreme Court recently instructed Guaranty Trust Bank (GTB) to pay one of its customers Messrs Innoson Nigeria More...

By Uchenna Ajah On Tuesday, June 5th, 2018
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210 inmates escaped from Minna prison

The gunmen attacked and set free 210 inmates of Mina Maximum Prisons on Sunday night and killed a warder and a commercial motorcycle operator. Prison: Inspection of Minna Maximum security prison Interior minister More...

By Uchenna Ajah On Monday, June 4th, 2018
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Saraki: I will reply police in 48 hours

Senate President Bukola Saraki said he will send a written response to the allegations made against him by the Nigerian Police, linking him with robbery in Offa on 5 April. Senate President Bukola Saraki: says he More...

By Uchenna Ajah On Sunday, June 3rd, 2018
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Saraki: Police want to nail me by all means

Senate President, Dr. Abubakar Bukola Saraki, has urged Nigerians to disregard the allegation by the police linking him with the 5 April robbery in Offa, Kwara state. Senate President Bukola Saraki: responds to More...

By Uchenna Ajah On Wednesday, May 30th, 2018
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Court case hampering Innoson Motors operations–Spokesman

The Innoson Vehicle Manufacturing Company (IVM) on Wednesday said that its efforts to upgrade from 10,000 cars production capacity annually to 60,000 was being hampered by litigations against the company. Innosson More...

By Uchenna Ajah On Friday, May 25th, 2018
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Judge insists Metuh’s trial will continue in his absence

The trial of the former National Publicity Secretary of the Peoples Democratic Party (PDP), Olisa Metuh, for alleged N400 million fraud continued on Friday with the defendant still absent in court. It is the second More...

By Uchenna Ajah On Friday, May 18th, 2018
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N5bn fraud: Akingbola has case to answer – Supreme Court

The Supreme Court on Friday ordered, Erastus Akingbola, to return to the Federal High Court, Lagos, to answer his alleged five billion Naira fraud charge. Former MD of defunct Intercontinental Bank Erastus Akingbola Akingbola More...

By Uchenna Ajah On Friday, May 18th, 2018
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AMCON takes over Sen. Oduah’s assets

The Asset Management Corporation of Nigeria (AMCON) has taken over Sea Petroleum Oil & Gas Ltd. and other assets belonging to Sen. Stella Oduah-Ogiemwonyi over an unpaid debt of about N20 billion. AMCON takes More...