The Federal High Court in Abuja has cautioned Mr Gimba Ya’u, former Managing Director and Chief Executive Officer (MD/CEO), Federal Mortgage Bank of Nigeria (FMBN), against frivolous adjournment in the 65 million-dollar fraud trial. Justice James Omotosho gave the warming following an oral application seeking for an adjournment by Benjamin Ogar, the lawyer who appeared…
The Federal Government and China Machinery Engineering Corporation (CMEC) on Wednesday signed a contract agreement worth 328.8 million dollars aimed at improving power supply across the country. The contract, valued at $328,819 million dollars covers Engineering, Procurement, Construction, and Financing for the implementation of transmission lines under Phase 1 of the Presidential Power Initiative (PPI)….
Russia and Ukraine conducted fresh drone attacks overnight, resulting in injuries and significant damage across multiple regions, according to officials from both sides. In Ukraine, authorities reported strikes in several areas. In the city of Dnipro, 15 people were injured, and 15 private homes, along with several multi-storey residential and commercial buildings, were damaged, according…
Ukrainian President Volodymyr Zelensky said Kiev has captured two Chinese nationals fighting alongside Russian forces in eastern Ukraine. “There are the prisoners’ documents, bank cards and personal data,” Zelensky wrote on Telegram, alongside a video showing images of one of the captured men. He said the two men had been fighting for the Russians in…
Gov Alex Otti of Abia, has described the death of Dr Pascal Dozie, the Founder, Diamond Bank Plc, as a huge loss to the nation. Otti said in a statement by his media aide, Ferdinand Ekeoma on Wednesday in Umuahia, that Dozie was a renowned entrepreneur and icon in the banking industry. It would be…
The Kingdom Apostolic Revival Ministries (KARM) has unveiled plans for a significant gathering dubbed the Enugu Ministers’ Roundtable, aimed at equipping church leaders and workers for what its convener describes as an “imminent harvest of souls.” The announcement was made on Tuesday by Apostle John Enelamah, leader of KARM, in a statement released to journalists….
The National Hajj Commission of Nigeria (NAHCON) has appealed to all stakeholders to prioritise collaboration towards delivering a successful 2025 Hajj exercise. Chairman of NAHCON, Prof. Abdullahi Saleh, made the appeal in a statement issued in Abuja on Tuesday by the commission’s Assistant Director, Information and Publication, Hajia Fatima Usara. According to Saleh, recently, NAHCON…
Award-winning Nigerian street artist and CEO of Jaytech Group, Amb. Christopher Ogar Ogar (known as Jaymoni), has sanctioned the installation of a solar-powered borehole for the Ochochi community in Okpoma, Yala Local Government Area, Cross River State. Jaymoni, co-owner of the Wayward brand, made this decision after hearing about the local residents’ struggles from Amb…
Croatian economic analyst Petar Vuskovic said if inflation is the fuel for recession, the tariffs imposed by U.S. President Donald Trump are the matches that will ignite it. Vuskovic said in an interview with the local N1 Television on Tuesday. “It is not a question of whether the economic armageddon will hit us because it…
The Association of Corporate Affairs Managers of Banks (ACAMB) has described the death of founder of defunct Diamond Bank, Pascal Dozie, as a loss to the banking and financial services sector The News Agency of Nigeria (NAN) reports that Dozie passed away on Tuesday at the age of 85. ACAMB President, Mr Rasheed Bolarinwa, told…
