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Convicted counterfeiter jailed 4 years

Convicted counterfeiter jailed 4 years

Justice B. O Quadri of the Federal High Court, Gombe has sentenced one Muhammadu Chubado to 4 years imprisonment on a six count charge of conspiracy, forgery, and unlawful possession of counterfeit Nigeria currency notes.

India’s export to Nigeria triples to $11bn

India’s export to Nigeria triples to $11bn

The Head of the Lagos office of Indian Embassy Rani Malick, has disclosed that India’s export to Nigeria during the past few years has tripled to the tune of 11 billion dollars due to a robust bilateral trade relationship existing between the two countries.

N37m rent fraud: Magistrate threatens to strike out case

N37m rent fraud: Magistrate threatens to strike out case

Magistrate Demi Ajayi of an Ebute-Metta Magistrate’s court has said she would strike out the case of Alhaji Ishola Salaudeen, who defrauded at least 100 prospective tenants of N37 million, if the prosecutor Osuyi and new defence counsel Mohammed Adamu, do not agree over how to settle defrauded prospective tenants.

Gay law: Canada dismisses alleged plans  to withdraw aids to Nigeria

Gay law: Canada dismisses alleged plans to withdraw aids to Nigeria

Contrary to the speculations making rounds that Canada has withdrawn its aids to Nigeria, the Canadian High Commissioner to Nigeria, Mr. Perry Calderwood, said yesterday that his country was continuing with its $42 million health and economic funding to Nigeria annually.

Police arrest 4 for murder in Enugu

Police arrest 4 for murder in Enugu

Operatives of the State Criminal Investigation Department of the Enugu State Command, said they have commenced investigations into the alleged murder of a middle-aged man Uche Abonyi, who was killed at Umuodu Umuogwu village Isi-Oroto Isi-Uzo Local Government Area of the State.

Alleged theft: Protest greets arraignment of 4 youths  in Awka

Alleged theft: Protest greets arraignment of 4 youths in Awka

HUNDREDS of indigenes of Awka, Anambra State, yesterday stormed the Magistrates Court premises in the state capital to protest the arraignment of four youths over alleged stealing and destruction of property.
The case was instituted by the state police command against the youths for allegedly stealing and destroying property worth millions of naira belonging to a property developer, Rockland Nigeria Limited.

Can 2.3GHz auction set stage for broadband revolution?

Can 2.3GHz auction set stage for broadband revolution?

Twelve years after liberalisation, the telecommunications sector in Nigeria has transformed into a money spinner and arguably one of the country’s known economy boosters .
The mobile segment being the most active and fastest, has also shot the country into limelight among world’s most prospective technology economies.

Appropriate technology must drive the electric power system — OWOLABI

Appropriate technology must drive the electric power system — OWOLABI

FEMI Owolabi is managing director/chief executive officer of Fembosco Engineering Ltd, a firm that specialises in electrical controls and technical products, with head offices in Lagos. After cutting his teeth at SCOA Nig Plc where he rose to become a department head, he left the transnational in 2003 and opened his own business, Fembosco.

Kaduna Govt, FG to construct new dam

Kaduna Govt, FG to construct new dam

The Kaduna State Government, yesterday said it was collaborating with the Federal Government to construct a new dam to generate power and boost water supply in the state.
The General Manager of the State Water Board, Mr Kabiru Rufa’i said in an interview with News Agency of Nigeria, NAN, in Kaduna that the dam would also be utilised for irrigation purposes.

Insurance operators strategise for 2014

Insurance operators strategise for 2014

Insurance industry operators have said that they would embark on two major strategies that would help them drive their present quest for bumper patronage and harvest of premium in the 2014 business year. The two major strategies, according to these operators, are education of the public and awareness creation to sensitize Nigerians on the relevance of insurance to their daily living.

NCRIB extends olive branch to aggrieved brokers

NCRIB extends olive branch to aggrieved brokers

President of the Nigerian Council of Registered Insurance Brokers, NCRIB, Mr. Ayodapo Shoderu has expressed dissatisfaction on the current division masterminded by some aggrieved brokers in the insurance industry.
Shoderu said they will make effort to bring the aggrieved brokers under one umbrella body which is the NCRIB.

Insurers lose over $70m to fake brown card

Insurers lose over $70m to fake brown card

Insurance managers across the Economic Community of West African States lose about $70 million to the menace of fake brown cards operators, Secretary General, Nigerian National Bureau, ECOWAS Brown Card Insurance Scheme, Mrs. Henrietta Anyanna has said.