The Economic and Financial Crimes Commission, EFCC on Monday, May 22, 2023, arraigned one Saadatu Ramallan Yaro before Justice Obiora Egwuatu of the Federal High Court, Abuja, on separate charges of money laundering to the tune of over N140billion. In the first charge, a 25-count charge, the defendant is accused of failing in her duty as director of Tsami Babi Resources Limited, a Designated Non-financial Business, to make submissions of activities of the company that enabled financial transactions into the company’s account with a new generation bank to the tune of over N100billion to the Ministry of Commerce. Arraigned alongside…
Author: Olamide Obayemi
By Abimbola Ogunnaike Tragedy occurred in Jigawa State as a commercial car driver crushed four members of a family to death in Babura Local Government Area of the state. It was gathered that the incident happened on Sunday evening, 21 May, 2023, when a car hit the motorcycle carrying the victims, who all died on the spot. The Nigeria Security and Civil Defence Corps (NSCDC), in Jigawa State, confirmed the incident in a press statement issued to newsmen. “A fatal accident occurred yesterday, Sunday, May 21, at around 5 pm in Babura Town, along Babura-Gumel Road, and four people died…
Stakeholders and leaders of Ndokwa Nation have expressed willingness to donate three choice of lands as potential sites for the establishment of the proposed Federal University of Medical and Health Sciences, Kwale, Delta State. This was the outcome of a meeting between leaders of Utagba-Ogbe, Kwale in Delta State and Deputy President of the Senate, Senator Ovie Omo-Agege. The delegation which was on a thank you visit to the Delta Central lawmaker for facilitating the establishment of the institution, was led by the member representing Ndokwa/Ukwuani Federal Constituency in the House of Representatives, Rt. Hon. Ossai N. Ossai. While appreciating…
Kogi State Governor, Yahaya Bello, on Monday, 22 May, 2023, received hundreds of former members of the People’s Democratic Party from Igalamela/Odolu Local Government Area, who have joined the All Progressives Congress (APC) and pledged their support for the APC gubernatorial candidate, Usman Ododo, in the upcoming governorship election scheduled to hold in November. Led by former caretaker Chairman of Igalamela Local Government Area, Abdullahi Ibrahim, and other party leaders, including Adama Sani and Aikoye Anu, the defectors, from Ajaka Ward 1 and 2, said they were convinced that APC would win with a wide margin in the next elections. …
Wema Bank, Nigeria’s leading financial institution known for its dedication to social responsibility, marked a momentous occasion today, Monday, 22 May, 2023, as it made a substantial donation of chairs and tables to Isalẹ Eko Grammar School. This heartfelt gesture, a testament to Wema Bank’s unwavering commitment to community development, was made possible through its Corporate Social Investment (CSI) initiative, the “Salary for Love” campaign. During this remarkable endeavor, Wema Bank’s compassionate staff members selflessly contributed their salaries, embodying the spirit of giving back and leaving a lasting impact on the lives of others. The culmination of this initiative took…
With a heavy heart but with gratitude and total submission to the will of the Almighty God, we announce the passing of our Patriarch and the Founder of FCMB, Otunba Michael Olasubomi Balogun, CON, The Olori Omo Oba Akile Ijebu and Asiwaju of ljebu Christians, who passed away, following a very brief illness, at the age of 89 years, in the evening of Thursday 18th May 2023, in London, United Kingdom, surrounded by his family. While we mourn his passing, we are grateful for the full life he lived and the legacy of hard work, entrepreneurship, excellence, tenacity, courage, faith,…
By Abimbola Ogunnaike Nigerian singer, David Adedeji Adeleke, popularly called Davido has revealed that he bagged a multimillion-naira endorsement deal from telecommunication giants, MTN at the tender age of 17. According to Davido, he had just two songs when the telecom company gave him an endorsement deal worth N20 million. The ‘Omo Baba Olowo’ exponent, who made this disclosure in a recent interview, said: “I remember when MTN, a telecommunication company, came, and they were like, they want to do endorsement, but then he (dad) was like, how much, and I said N20 million. I was 17. Nobody has seen that…
Lagos State Governor, Mr. Babajide Sanwo-Olu, on Monday, 22 May, 2023, said the stories of President Muhammadu Buhari; President-elect, Asiwaju Bola Tinubu and Chairman of Dangote Group, Alhaji Aliko Dangote are a testament that prosperity can be achieved when leaders have shared vision for the people they are leading. Sanwo-Olu shared three different stories on how President Buhari, Asiwaju Tinubu and Dangote are connected to the newly commissioned first privately owned refinery in Nigeria, the Dangote Petroleum Refinery in Ibeju-Lekki, Lagos, said the three leaders have shown Nigerians that leadership is about consistency and commitment to Nigeria’s economic growth. He…
A Lagos High Court sitting at the Tafawa Balewa Square has granted leave to Isale Eko Descendants’ Union to seek an order compelling Lagos State Video and Film Censors Board to impose a N10 billion fine against the ‘Gangs of Lagos’ producers for the wrongful depiction of Isale Eko as a den of criminals and the Eyo Masquerade as a gang of murderers. The court has also allowed Isale Eko descendants to apply for judicial review and seek an order of mandamus directing the Attorney General of Lagos State and Lagos State Film and Video Censors Board to sanction the…