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EFCC to arraign ex NNPC GMD, Yakubu, others

EFCC to arraign ex NNPC GMD, Yakubu, others

The Economic and Financial Crimes Commission, EFCC will today, June 20, 2016, arraign Jide Omokore and Andrew Yakubu, a former Group Managing Director of the Nigerian National Petropeum Corporation, NNPC, before Justice Binta Nyako of the Federal High Court, Abuja on four counts of Money Laundering.

VenueHero named official partner of 2016 Event Safety Summit

VenueHero named official partner of 2016 Event Safety Summit

Nigeria’s online venue booking platform, VenueHero.co has been appointed the official partner of this year’s Event Safety Summit scheduled to hold on July 5th and 6th at the Lagos Chamber of Commerce and Industry building in Lagos. VenueHero.co provides simple venue booking solution online for the general public, event planners and venue owners. It is a web-based application for venue discovery, bookings and reservations.

Atiku and Nigeria’s power problem

Atiku and Nigeria’s power problem

MOST people would not dispute a high mark for former Vice President Atiku Abubakar as a public speaker. Or the quality of his interventions on national issues, like his speech at the public presentation of We are all Biafrans, a book by the Nigerian journalist and activist Chido Onumah, held at the Yar’Adua Centre, Abuja, on May 31, 2016.

FG urged to invest recovered loot in housing

FG urged to invest recovered loot in housing

A call has gone to the Federal government to invest recovered looted funds in the development of low-cost housing and mortgage financing to facilitate the reduction of housing deficit in Nigeria. Director-General, Institute of Mortgage Brokers and Lenders (IMBL), Elisha Jasper, made the call in a congratulatory message to the President Muhammadu Buhari on his one year in office.

Troops kill 7, arrest 11 in Boko Haram clearance operations in Borno

Troops kill 7, arrest 11 in Boko Haram clearance operations in Borno

Troops of 114 Task Force Battalion of 28 Task Force Brigade in conjunction with members of vigilante group in an effort to keep the road open and secure, Sunday, carried out a clearance operation along Bitta-Damboa axis, leaving four terrorists dead with scores escaped with gunshot wounds

Hijab crisis: PDP wants Interpol, others to monitor Aregbesola

Hijab crisis: PDP wants Interpol, others to monitor Aregbesola

THE Osun State chapter of the Peoples Democratic Party, PDP, yesterday urged all security agencies, Interpol, the Presidency and United Nations to dispassionately monitor activities of Governor Rauf Aregbesola which the party alleged can cause religious crisis in the country.

CAP shareholders ratify N840m gross dividends

CAP shareholders ratify N840m gross dividends

Shareholders of Chemical and Allied Paints, CAP Plc, have approved the payment of N840 million dividends, which translates to 120 kobo dividend per share for the financial year ended December 31, 2015. This along with the 115 kobo interim dividend paid on December 15, 2015, brought the total dividend for 2015 financial year to N1.65 billion.

NSE capitalisation hits N10trn mark

NSE capitalisation hits N10trn mark

The bullish trend in the stock market continued last week with the market capitalisation of all listed equities, which represent investors’ wealth, jumping to N10 trillion marks as euphoria over the announcement of flexible foreign exchange policy.