The presidential candidate of the Peoples Democratic Party (PDP) in the February 23 presidential election, Alhaji Atiku Abubakar, has vowed not to mortgage the people’s mandate as he unveiled his legal team on Saturday. Atiku is challenging the victory of incumbent President, Muhammadu Buhari who was declared winner of the election by the Independent National Electoral Commission (INEC). In a ... Read More »
Author Archives: NewsThumb Magz
Skye Bank collapse: EFCC files charges against Tunde Ayeni
The Economic and Financial Crimes Commission (EFCC) yesterday filed ten charges against the former chairman of Skye Bank Plc, Mr Tunde Ayeni, over alleged laundering of about 21billion naira. The cash in question was withdrawn from the Suspense Account of the bank by Ayeni and allegedly spent on different types of favour to people. Ayeni, who has been in custody ... Read More »
UBA Group Launches Full Banking Operations in the UK
London, March 1, 2019, three weeks after the UBA group launched its operations in Mali, the global financial city of London hosted a high level gathering of business and public sector leaders on Thursday February 28, 2019, as the new UBA franchise, UBA UK was formally birthed in the United Kingdom amidst high expectations. At the upscale ceremony which held ... Read More »
God never destined Atiku to be President, says Oshiomhole
National Chairman of the All Progressives Congress (APC) Comrade Adams Oshiomhole on Thursday said former Vice President Atiku Abubakar was destined never to be President. He also said the APC was prepared to meet the Peoples Democratic Party (PDP) in court. Addressing a news conference on the outcome of the Presidential and National Assembly elections and the decision of the ... Read More »
Akala, Makinde, others form alliance against Adelabu
Leading opposition parties in Oyo State including the Peoples Democratic Party (PDP), African Democratic Congress (ADC) and Action Democratic Party (ADP) on Thursday advanced their talks for an alliance against the All Progressives Congress (APC) in the March 9 governorship and House of Assembly elections. They suspended the talks shortly before the presidential election but resumed on Thursday. Thursday’s meeting ... Read More »
Court refuses to make forfeiture order on Patience Jonathan’s $8.4m, N7.4b
The Federal High Court in Lagos on Thursday refused to order the forfeiture of $8.4 million and N7.4 billion linked to former First Lady Dame Patience Jonathan. Justice Mojisola Olatoregun refused an Economic and Financial Crimes Commission (EFCC) application for a final forfeiture of the sums seized from the former First Lady. The judge had last April 20 ordered temporary ... Read More »
N136m fraud: Court sentences ex-Air Force Chief to seven-year imprisonment
The Federal High Court on Thursday sentenced to seven years imprisonment a retired Air Vice Marshal, Tony Omenyi, on money laundering charges involving the sum of N136m which he was said to have received from a contractor with the Nigerian Air Force, while he was a public officer. The convict, a former Managing Director of Aeronautical Engineering and Technical Services ... Read More »
‘No cabal can lay claim to Buhari’s victory’
National Chairman, Igbo Reawakening Forum (IRF), Uchenna Ufearoh, has described President Muhammadu Buhari’s reelection as an act of God, saying no cabal could lay claim on the victory. He said the victory had retired those he referred to as institutions dragging the country behind over the years. Speaking exclusively with the Nation on Thursday, Ufearoh also noted that the country ... Read More »
Breaking: Supreme Court to decide Onnoghen’s fate May 17
The Supreme Court has fixed judgment for May 17 this year in a suit by Cross River State Government seeking to set aside the suspension of the Chief Justice of Nigeria (CJN), Justice Walter Onnoghen. A seven-man panel of the court, led by Justice Olabode Rhodes-Vivour fixed the date on Thursday after taking arguments from lawyer to parties. Lucius Nwosu ... Read More »