A Federal High Court in Lagos has ordered the freezing of bank accounts and shares belonging to downstream oil and gas company, Rainoil Limited, and 13 others over a N1.6bn debt. The 13 others affected include David Ogwu, Anthony Ezeh, Clara Rotzler, Vincent Otiono, Vincent Sankey, Victoria Alo, Preye Ogriki, Treasure Afolanyan, Chief Nwagwu, Peter Ololo, Gordons Ejikeme, Joe Idudu ... Read More »
Author Archives: NewsThumb Magz
Kagara: Breakdown of negotiation stalls release of abducted students
…as parents of abducted students raise N2.7m Negotiations for the release of the Kagara students and staff have broken down at the last minute of their release. This development, We gathered has led to the parents of students raising money for the release of the students which was rejected by the bandits. A source told our correspondent that the negotiation ... Read More »
N2.2bn fraud: Fayose gets permission for foreign medical trip
Justice C.J. Aneke of the Federal High Court in Lagos has granted permission to a former governor of Ekiti State, Ayodele Fayose, to travel abroad for further medical treatment. Fayose is being prosecuted by the Economic and Financial Crimes Commission for an alleged fraud of N2.2bn. Justice Aneke permitted Fayose to travel abroad for treatment following an application by his ... Read More »
2023 ELECTION : Dapo Abiodun backs power shift to Southwest
…Daniel urges unity among Yoruba to produce Buhari’s successor …Alake, Olu of Ilaro endorse Southwest Agenda Ogun State Governor Dapo Abiodun has called for unity and cohesion in the Southwest ahead of 2023 electioneering. He called for a single-minded approach among All Progressives Congress (APC) leaders to ensure that Asiwaju Bola Tinubu becomes the presidential candidate, if he declares an ... Read More »
Sheikh Gumi met with bandits near military post, says ex-DSS director
A former Assistant Director with the Department of State Services, Mr. Dennis Amachree, says the compound where Islamic cleric, Sheikh Gumi, met bandits in Niger State to discuss the release of the abducted students and teachers of Government Science College, Kangara, is very close to a military post. Amachree, however, said the security officials were asked to drop their weapons ... Read More »
N197m fraud: Prosecution delays arraignment Of Formal Branch Manager Of New generation bank
The unpreparedness of the prosecution counsel in the matter against a female official of a new generation bank charged with the alleged theft of N197 million from a customer led to the adjournment of the matter to March 22, 2021 for arraignment. When the matter came up on Monday, the prosecution counsel for the Economic and Financial Crimes Commission (EFCC), ... Read More »
Uzodinma vs Okorocha: Suspect slumps as court grants 14 ex-governor’s loyalists N70m bail
There was a mild drama at an Owerri Magistrate Court, Imo State on Monday as one of the 14 suspects, Darlington Ibekwe, being arraigned for breaking into the sealed estate of the former governor of the state, Rochas Okorocha slumped inside the courtroom. Ibekwe and 13 other loyalists of Senator Okorocha, were accused of conspiring among themselves to disobey a ... Read More »
Stakeholders Endorse Ecobank Stewardship Pack and School Bundle
Stakeholders in faith-based organisations and education sector have endorsed the two new products recently introduced into the financial market by Ecobank Nigeria, saying they can provide solutions to their needs. The products Ecobank Stewardship Pack and the Ecobank School Bundle are targeted at religious and educational institutions at all levels respectively. The Ecobank School bundle is designed to help educational institutions ... Read More »
FIRSTBANK HIGHLIGHTS ROLES OF SMES TO ECONOMY AT EHINGBETI LAGOS SUMMIT
The Chief Executive Officer of First Bank of Nigerian Limited, Dr Adesola Adeduntan, has restated the strategic importance of small and medium enterprises SMEs to the growth and development of the national economy. Adeduntan said the path to the growth of Nigerian economy lies in growing the SME sector, and that informed why First Bank has deliberately provided robust support ... Read More »
Concern in Nigeria Especially Gombe State over scarcity of husbands for single women
In September 2013, hundreds of single women led by Suwaiba Isa stormed the streets of Gusau, the capital of Zamfara State, protesting scarcity of husbands for more than 8,000 of them. A similar protest earlier planned by Hajiya Altine Abdullahi for widows and unmarried Kano women in August 2009 was averted by Kano State Government which quickly arranged mass wedding ... Read More »