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Pregnant woman, 2 children burnt to death

Pregnant woman, 2 children burnt to death

A pregnant woman, Ekaiquo Ewa, and her two children aged 7 and 3, were burnt to death, when a building that served as a residential building and business outlet caught fire, weekend, in Ugep, Yakuur Local Government Area, Cross River State.

WARNING: Poor people are not wanted in Lagos megacity

WARNING: Poor people are not wanted in Lagos megacity

HIP, hip, hip; Hooray!
Lagos is now going to be a megacity. Under the able leadership of Governor Babatunde Fashola, the apostle of good governance, Lagos is undergoing a major makeover. The Atlantic Ocean will be banished, to be replaced by Eko Atlantic; a shimmering new 3.5- mile island built literally on the water behind a “great wall of Lagos.” Greenery has suddenly appeared in Lagos, displacing the concrete jungle. There are now parks with manicured lawns. There are now tree-lined roads. Pot-holes are now being tarred. Sidewalks are now provided for pedestrians.

Father catches man raping daughter

Father catches man raping daughter

Oyo State Police Command has arrested a man (names withheld) for allegedly raping a girl in Oluyole area of Ibadan.

He was said to have been caught raping the girl in a bush.

N27.7bn EFCC CASE against Atuche: Utomi testifies in court

N27.7bn EFCC CASE against Atuche: Utomi testifies in court

A witness, in the on-going trial of the former Managing Director of Bank PHB (now Keystone Bank),Francis Atuche, Professor Pat Utomi, yesterday, told a Lagos High Court sitting in Ikeja that the loans granted by the former Managing Director of the Bank were ratified by the bank’s board of directors.

‘Eight hurdles PDP must quickly clear’

‘Eight hurdles PDP must quickly clear’

A CLEARER picture of what the feuding camps of the ruling Peoples Democratic Party, PDP, discussed at their Sunday’s make-or-mar meeting in Abuja emerged yesterday. To resolve the raging inferno, both camps, Vanguard gathered, identified at least eight thorny issues that must be amicably resolved. Some of the issues were ironed out through a joint resolution, a few were partially resolved and the very contentious ones that inflamed passions and on which the meeting couldn’t reach an agreement were farmed out to a committee to be raised by the party to try and resolve them ahead of the October 7 rescheduled meeting.

Dismiss N10.9bn theft charge, Nwosu, other Finbank directors tell court

Dismiss N10.9bn theft charge, Nwosu, other Finbank directors tell court

The former Managing Director of Finbank Plc,Okey Nwosu alongside three other directors of the bank, yesterday, asked a Lagos High Court sitting in Ikeja to dismiss the alleged N10.9 billion theft charge preferred against them by the Economic and Financial Crimes Commission, EFCC.

Wife, friends stab husband to death, sister alleges

Wife, friends stab husband to death, sister alleges

A 35-year-old car dealer, Mr. Kelvin Okhire, was allegedly stabbed to death, yesterday, by his wife, Mrs. Adesuwa and his corpse was deposited at the Lagos State University Teaching Hospital, LASUTH, mortuary, Ikeja, at about 3:00p.m.

Foreclosure and repossession laws retard housing development — Experts

Foreclosure and repossession laws retard housing development — Experts

MR. Abdul Adesanya (not real names) owns a multi-tenanted property in the Orile Iganmu area of Lagos. Having had some torrid experiences in the hands of his tenants, majority of who were defaulting in the payment of their rents, Mr. Adesanya decided to sell the property to a woman who wanted to use it to run a private nursery and primary school.

Sovereign Wealth Fund invests $200m in US bonds

Sovereign Wealth Fund invests $200m in US bonds

Nigeria’s Sovereign Wealth Fund, SWF, has invested more than $200 million in the United States bond market.

The fund was given by the SWF to UBS, Credit Suisse and Goldman Sachs, to manage a fixed income portfolio.