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CAC Announces New Guidelines For Bank Recapitalization And Mergers

THE Corporate Affairs Commission (CAC) has released new guidelines to assist Deposit Money Banks in their ongoing recapitalization efforts. The commission, in a statement posted on its Facebook page on Friday and signed by its management, emphasized that the guidelines are issued under Section 8 (1) (e) of the Companies …

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4,000 Jehovah’s Witnesses To Converge For Convention

NO fewer than 4,000 Jehovah’s Witnesses are to converge on Lagos and Mowe in Ogun for their  2024  convention aimed at extending the frontiers of the  gospel of Jesus Christ. The convention is also aimed  at seeking God’s face and charting the way forward. According to the spokesperson for the …

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Protest: CAN Urges Nigerians To Seek Alternative Measures

THE Christian Association of Nigeria (CAN) has appealed to aggrieved Nigerians that rather than protest, they should consider alternative means of expressing their grievances. The Association also recommended that government should be given more time to address these pressing concerns. CAN President, Archbishop Daniel Okoh in a statement on Friday …

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38-year old Man Jailed Three Years For N3.1m Visa Scam

AN Abeokuta Magistrates’ Court on Friday, sentenced a 33-year old man, Olawale Abiodun, to three years imprisonment for N3.1 million visa fraud. Abiodun, whose address was not provided, was found guilty of conspiracy, obtaining under false pretence, fraud, and stealing. The Magistrate, Mr S. S Shotayo, said that the Prosecutor, …

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FG Secures Conviction of 125 Boko Haram Terrorists, Financiers

●Okays 400 others for rehabilitation, de-radicalisation, reintegration THE Federal Government, on Friday, said it had secured the conviction of no fewer than 125 Boko Haram terrorists and financiers at a two-day mass trial that held at Kainji, Niger State. A press release signed by Mr. Kamarudeen Ogundele, media aide to …

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Leader of Mexico’s Sinaloa Drug Cartel Arrested In Texas

One of the world’s most powerful drug lords, Ismael “El Mayo” Zambada, leader of Mexico’s Sinaloa cartel, has been arrested by US federal agents in El Paso, Texas. Pictures by Reuters Zambada, 76, founded the criminal organisation with Joaquin “El Chapo” Guzman, who is jailed in the US. Arrested with …

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