A former Minister of the Federal Capital Territory (FCT), Jumoke Akinjide, told the Federal High Court in Lagos on Tuesday she was holding plea bargain talks with the Economic and Financial Crimes Commission (EFCC). Akinjide is standing trial alongside a former Senator from Oyo Central, Ayo Adeseun, and a Peoples Democratic Party (PDP) member, Mrs. Olanrewaju Otiti, for laundering N650 ... Read More »
Author Archives: NewsThumb Magz
Saraki’s false assets declaration trial resumes in Abuja Saraki
The Senate President, Bukola Saraki, has arrived the Code of Conduct Tribunal (CCT) in Abuja for resumption of his trial for false assets declaration. The Court of Appeal had in December last year restored three out of the 18 –count charge dismissed by the CCT and ordered the Senate president to present himself for trial on the charges. The tribunal ... Read More »
THE EVOLUTION OF NIGERIAN BANK OVER THE LAST FEW YEARS,A SERIES OF REFORMS HAVE REVITALISED THE BAKING INDUSTRY IN NIGERIA.JIM OVIA, CHAIRMAN OF ZENITH BANK
EXPLAINS HOW HIS ORGANIZATION IS CONTRIBUTINGTO ECONOMIC PROGRESS NIGERIAS MODERNISED ECONOMY For more than 10 years now, Nigeria economy has benefited greatly from sustained levels of growth with annual real GDP rising to 6.3 percent in 2014 , and it is expected to continue on this positive trajectory into 2015 and beyond. Overall , the Nigerian economy is becoming ... Read More »
NEWSTHUMB MAGAZINE: GET YOUR COPY FOR THIS WEEK’S EDITION AT ANY NEWS-STAND NATIONWIDE
Chelsea thrashed in Watford Ten-man Chelsea suffered a second consecutive humiliating defeat on Monday, going down 4-1 at Watford in the English premier league. Goals from Daryl Janmaat, Gerard Deulofeu and Roberto Pereyra in the final six minutes handed Watford a welcome first win in six games to move the Hornets six points clear of the relegation zone. Chelsea, beaten ... Read More »
How Oduah, others shared N3.9b airports contracts cash
EFCC grills 61 suspects Director returns N240m WHO GOT WHAT •N839, 780,738.09 was remitted to Broadwaters Resources. The cash was diverted to liquidate a loan. •N1, 629,250,000 was paid into the account of Global offshore and Marine Limited out of which about N840m went to Crystal TV Limited. The signatories to the account of Crystal TV are related to Stella ... Read More »
If Tinubu leaves, that is the end of Buhari’s regime —Falola
Do you think the cattle colony proposal of the Federal Government can solve the problem of frequent killings by Fulani herdsmen? It is a very dumb idea. I think the government is not going to do that because you cannot go to other people’s land and turn it to a colony for people who do not belong there ... Read More »
EFCC recovers N473b, $98.2m, £294,851 in 2017, says Magu
The Economic and Financial Crimes Commission (EFCC) was able to recover crime – related funds amounting to N473b in addition to $98,258,124.97; £294,851.82; €7,247,363.75; 443,400 Dirham and 70,500 Rand, the Commission’s acting Chairman, Ibrahim Magu has said. Magu also confirmed that identified whistle blowers, including the Osborne Towers, Ikoyi whistle blower were being paid timely to encourage other Nigerians buy into the ... Read More »
I’ve slept with a lot of men – Big Brother Naija’s Anto
One week after the ongoing Big Brother Naija (BBN) reality show kicked off; animosity, tension of eviction and daring activities have begun among the 20 housemates. In one of the events leading to a reunion between Anto and Kbrule, Anto said frankly to Kbrule that kissing means nothing to her, as she had slept with a lot of men without ... Read More »
Magu appears before Reps, speaks on recovered funds
The Acting Chairman of the Economic and Financial Crimes Commission, Mr. Ibrahim Magu, is currently addressing members of the House of Representatives Committee on Financial Crimes on recoveries made by the agency in 2017. The committee is chaired by a member from Ogun State, Kayode Oladele. Read More »