OUR attention has been drawn to the news circulating in a section of the media, titled: “Sanwo-Olu Sues EFCC over alleged plan to arrest, prosecute him after tenure.” We need to clarify that Mr. Babajide Sanwo-Olu, at no time, sued or briefed any legal practitioner to file a suit …
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OPERATIVES of the Economic and Financial Crimes Commission have arrested four suspects for unauthorised access to banks’ computer systems. The suspects were also accused of fraudulently withdrawing depositors’ funds. The arrested individuals include the leader of the syndicate, identified as Chima Nwigwe, along with Effiong Emmanuel, Mohammed Mahmud—the Managing Director …
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SEPLAT Energy Plc has recorded N1.071 trillion for the third quarter of 2024, an increase from the N478.1 billion posted in the same period of 2023. The company disclosed this in its unaudited results filed with the Nigerian Exchange Ltd. (NGX) and the London Stock Exchange on Tuesday. The …
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THE Naira on Tuesday appreciated at the official market, trading at N1,630.45 to the dollar. Data from the official trading platform of the FMDQ showed that this represents a 2.40 per cent gain when compared to the previous trading date on Monday, when it exchanged at N1,670.65 to a dollar. …
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FRENCH President Emmanuel Macron has unveiled plans for a triangular partnership between France, Morocco and Africa to foster cooperation in key sectors for growth, stability and development. Macron announced this on Tuesday in Rabat while addressing a joint session of the two Houses of the Moroccan parliament. Trojaninsights reports …
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THE House of Representatives Public Accounts Committee (PAC) on Tuesday, has opened investigation into alleged abandoned Gidanwaya-Guaran Dutse-Waman Rafi-Saminaka-Kano road project in Kaduna state worth N1.46 billion. The committee registered its displeasure during an investigative hearing on Tuesday in Abuja while quizzing the Permanent Secretary in the Federal Ministry …
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THE Senate on Tuesday at plenary passed a bill to strengthen the capacity of the Nigeria Deposit Insurance Corporation’s (NDIC) to safeguard depositors fund and strengthen financial institutions in Nigeria. This followed adoption of report of Senate Committee on Banking, Insurance and other Financial Institutions on the bill titled, “Nigeria …
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First Bank of Nigeria Ltd. has joined the Partnership for Carbon Accounting Financials (PCAF) to promote sustainable finance, combat climate change and advance sustainable socioeconomic development for the just transition. Ms Folake Ani-Mumuney, Group Head, Marketing and Corporate Communications of the bank, diaclosed this in a statement on Tuesday in …
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MANCHESTER United have agreed to pay the release clause in the contract of Sporting Lisbon Coach Ruben Amorim, who they are aiming to appoint as coach Erik ten Hag’s Replacement. The highly regarded 39-year-old coach, Ruben Amorim, became a target for major clubs in Europe due to his tactical acumen …
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IN a sweeping move, Guinea’s military-led government has dissolved 53 political parties and placed an additional 54 under observation, including two major opposition groups, sparking fresh concerns over democratic progress. The decision comes as the country awaits a long-promised return to civilian rule, with elections tentatively scheduled for 2025. Guinea’s …
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