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 …
Read More »Tanzania
Cross River Government Exposes 2,000 Phantom Pensioners
Governor Bassey Otu had previously set up a committee to review the payroll of retired civil and public servants in an effort to combat pension fraud. On Friday, the Chief Press Secretary to Governor Otu revealed that the committee had uncovered over 2,000 ghost pensioners. While the identities of those …
Read More »Chief Don Obot Etiebet Mourns Iwuanyanwu, Says He Has Lost A Great Friend
A former Minister of Petroleum Resources, Chief Don Obot Etiebet, CON, has mourned the President-General of Ohanaeze Ndigbo, Chief [Dr] Emmanuel Iwuanyanwu, OFR, who died on Thursday, in Abuja, at the age of 82. Chief Don Obot Etiebet Etiebet, in a statement, containing his heartfelt condolences to the family of …
Read More »NSCDC Arrests Four Over Alleged Rape, Human Trafficking In Ekiti
THE Nigeria Security and Civil Defence Corps (NSCDC), Ekiti State Command, on Friday, paraded four suspects arrested over alleged rape and human trafficking in Ado Ekiti. The suspects were paraded at the Counter Terrorism Base of the Command located on Afao Road, Ado Ekiti. Briefing newsmen, the State Commandant, Mr …
Read More »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 …
Read More »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 …
Read More »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, …
Read More »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 …
Read More »TSTV Seeks Court Protection To Prevent Irreparable Business Losses In Nigeria
THE legal team of Telecom Satellites Limited (TStv) has asked the Federal High Court in Abuja to grant its “restraining” requests to prevent the business from suffering irreparable losses in Nigeria. This is detailed in its motion on notice marked FHC/CS/ABJ/665/2022. The motion seeks protection from alleged further harassment by …
Read More »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 …
Read More »