The Minister of Defence, Muhammed Badaru, has said that the notorious terrorist leader, Bello Turji has been on the run as a result of sustained offensives by the troops of the Armed Forces of Nigeria in recent time. Badaru stated this during a Ministerial Briefing on the activities of the ministry on Wednesday in Abuja….
A former Accountant-General of the Federation (AGF), Ahmed Idris, on Wednesday told an Abuja High Court that the Economic and Financial Crimes Commission (EFCC) failed to tender all the statements he made in their office. Idris in his evidence in the trial-within-trial ordered by the court following the objection raised by his counsel, Chris Uche…
CFG Africa has introduced the GFG AM Naira Fixed Income Fund as a response to the growing need for stable and reliable investment opportunities in the nation’s dynamic economic landscape. The launch event, which took place in Lagos on Wednesday, gathered key stakeholders, investors, and the CFG Africa leadership team. The CFG AM Naira Fixed…
The Minister of Defence, Mohammed Badaru, has dismissed insinuations that terrorist groups wield superior fire power over the country’s armed forces. Badaru during a ministerial briefing on Wednesday in Abuja, said that the Nigerian military possessed far superior weapons and technology than any terrorist group. He also refuted remarks made by members of the House…
The Federal High Court in Abuja, on Wednesday adjourned the money laundering case instituted by the Economic and Financial Crimes Commission (EFCC) against Ali Bello and co-defendant, Dauda Sulaiman, until May 23. Justice James Omotosho adjourned the matter after taking the testimonies of two prosecution witnesses, identified as bank officials. Bello, who is currently the…
An Ikeja Special Offences Court on Wednesday remanded a man Ntai Bagshaw for allegedly stealing N45 million. Justice Olubusola Okunuga remanded Bagshaw at the EFCC custody and adjourned the case until May 22 for hearing of his bail application and commencement of trial. The News Agency of (NAN) reports that Bagshaw was arraigned alongside his…
The Nanedi Usman-led National Executive Council (NEC) of Labour Party has set up a five-man disciplinary committee to investigate alleged gross misconduct against Mr Julius Abure. The NEC also gave Abure 48 hours to explain why disciplinary actions should not be taken against him over the alleged misconduct. Chairman of the party’s Caretaker Committee, Sen….
PalmPay, a mobile banking platform, has released its first quarter (Q1) report which indicates that it processes 15 million transactions on a daily basis out of its 35 million registered users. PalmPay made this known during a media roundtable organised to discuss the Q1 report on Wednesday. The report emphasised that the transaction volume underscored…
The Securities and Exchange Commission (SEC) has begun the technology adoption assessment for registered capital market operators (CMOs). According to the SEC in a circular, on Wednesday, the exercise was to assess the adoption of advanced technologies among registered CMOs. The notice reads, “The following technology adoption survey is designed by the Commission to assess…
The Minister of Defence, Muhammed Badaru, has said that the Lake Chad and the Sahel regions have remained focal points of insecurity as hotspots for Jihadist activities, with groups exploiting local grievances and state weaknesses. Badaru stated this during a Ministerial Briefing on the activities of the defence sector on Wednesday in Abuja. He said…
