Alleged $65m Fraud: Court Cautions Ex-FMBM CEO Against Frivolous Adjournment

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…

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FG, CIMEC Sign $328.8m Contract To Boost Power Supply

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)….

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FG Automates Admissions Into Unity Colleges

The Federal Ministry of Education has announced that admissions into unity colleges are now fully automated and will be conducted strictly within the approved capacity of each school. The ministry said the reform is aimed at addressing past challenges of overstretched facilities and ensuring transparency in the admission process. This was contained in a statement…

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