NEWS

Why EFCC Re-Arraigns Ex-Intercontinental Bank MD

The Economic and Financial Crimes Commission (EFCC) on Wednesday March 13, 2019 re-arraigned a  former Managing Director of the defunct Intercontinental Bank PLC, Erastus Akingbola in a Federal High Court in Lagos, for alleged Money Laundering. He is facing an amended 22 count charge bordering on money laundering and he had …

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Cyclone Idai Kills Over 1000 In Mozambique, 89 In Zimbabwe

Cyclone Idai caused more havoc than initially reported as Mozambique said over a thousand people may have been killed as the cyclone smashed into the central part of the country. In neighbouring Zimbabwe, Idai left 89 dead and at least 150 more missing. The city of Beira in central Mozambique …

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Alan Krueger, Obama’s Economic Adviser Commits Suicide

Alan Krueger, a prominent Princeton University Economics Professor who advised U.S. former Presidents Bill Clinton and Barack Obama, took his own life over the weekend, his family said in a statement on Monday March 18, 2019. He was 58. The statement did not elaborate about the circumstances of Krueger’s death, …

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Pupils Feared Dead As Others Trapped In Collapsed Lagos Island Building

As many as 100 children and many others were feared trapped on Wednesday March 13, 2019 after a building containing a primary school collapsed in Ita-Faaji, Lagos Island. At the scene a boy of 10 was being pulled from the rubble covered in dust, but with no visible injuries, a …

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How Gunmen Raid Edo Police Station, Kill DPO, Pregnant Officer

Gunmen have attacked the divisional police command at Afuze, headquarters of the Owan-East local government area of Edo, killing the Divisional Police Officer (DPO) and three other officers on duty. The hoodlums also attacked the office of the Independent National Electoral Commission (INEC) in the town, and destroyed electoral materials …

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Money Laundering: EFCC Re-Arraigns Ex-Intercontinental Bank MD

The Economic and Financial Crimes Commission (EFCC) on Wednesday March 13, 2019 re-arraigned a  former Managing Director of the defunct Intercontinental Bank PLC, Erastus Akingbola in a Federal High Court in Lagos, for alleged Money Laundering. He is facing an amended 22 count charge bordering on money laundering and he had …

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INEC Fixes Date To End Deadlock In Sokoto, Kano, Bauchi, Plateau, 2 Others

The Independent National Electoral Commission (INEC) will conduct supplementary election in on March 23, 2019 in Sokoto, Kano, Adamawa, and three other states where the March 9 elections are deadlocked. The other states are Benue, Plateau and Bauchi. Festus Okoye, head of the commission’s information and voter education committee, announced …

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Why Amosun Reinstates NLC Chairman, Ambali, Signs MoU With Labour

Ogun State governor; Senator Ibikunle Amosun on Tuesday March 5, 2019 reinstated the sacked state Chairman of Nigeria Labour Congress (NLC), Akeem Ambali. This was disclosed by the National Chairman of the Union, Comrade Ayuba Wabba, after an exhaustive meeting between the state government and national leaders of NLC, at …

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UBA Begins Full Banking Services in UK

Residents of the United Kingdom who hope to enjoy the great banking services rendered by pan-African financial powerhouse, United Bank for Africa (UBA) Plc, can now have the opportunity to do so. On Thursday, February 28, 2019, the financial institution launched its full operations in London three weeks after the …

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Delta A Major Focus – Buhari

President Muhammadu Buhari assured voters in Delta of adequate security in the coming Saturday’s governorship and House of Assembly elections and declared the state  as a major focus. Buhari was represented by Vice President Yemi Osinbajo at the meeting in Warri on Monday March 4, 2019. He said that the …

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