The Economic and Financial Crimes Commission (EFCC), on Thursday, indicated its intention to respond in a suit filed by Festus Keyamo against Alhaji Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP) in the Feb. 25 poll. This was also as Oluwakemi Odogun, lawyer to the Independent Corrupt Practices and other related offences Commission (ICPC), told Justice James Omotosho ... Read More »
Author Archives: NewsThumb Magz
BREAKING: Ekweremadu, wife And others were guilty of organ trafficking
Aformer Deputy Senate President, Ike Ekweremadu and his wife, Beatrice, have been convicted of organ trafficking in the United Kingdom. A jury found that Senator Ike Ekweremadu, 60, his wife Beatrice, 56 and medical “middleman” Dr Obinna Obeta, 50, were guilty of a conspiracy to bring a young man to Britain to give his kidney with a view to his ... Read More »
Update : More Naira notes as banks get old notes deposited with CBN today
Reliable sources in the CBN said banks have been instructed to collect the old Naira noted they deposited in CBN and that before the end of the week, the country would be awash with Naira notes Read More »
BREAKING: Court strikes out FG’s alleged N70tr looted funds
The Federal High High Court sitting in Lagos has struck out the Federal Government’s suit seeking to recover and forfeit the sum of N70trillion it alleged was stashed in 29 bank accounts by looters. The sum was said to be enough to fund Nigeria’s budget for three years, and the looters, according to the government, were public officials. Justice Peter ... Read More »
2023 : Soludo, has congratulated President-elect,Bola Tinubu, Says Anambra will partner with you for developments
Anambra State Governor, Prof Chukwuma Soludo, has congratulated President-elect, Asiwaju Bola Tinubu of the All Progressives Congress APC for being victorious during the last presidential election in the country. While congratulating the APC winner Tuesday in his statement in Awka, Soludo advised his opponents who lost the election to approach the Court, if they feel aggrieved. But he pledged to ... Read More »
GTCO FOOD & DRINK FESTIVAL 2023… A CELEBRATION OF FOOD!
Thee annual GTCO Food & Drink Festival is back again for its 6th Edition, and food lovers across Africa and the world are in for a feast like never before! The event is slated to hold from Saturday April 29th till Monday May 1st 2023, at GTCentre, Plot 1 Water Corporation Drive, Oniru, Victoria Island, Lagos, providing a 3-day weekend ... Read More »
UNIPORT Student’s Deborah dies due to a lack of bed space to admit her into a ward in the LUTH for prompt treatment
The family of an undergraduate of the University of Port Harcourt, Deborah Doofan, has been thrown into mourning after she died outside the Emergency Ward of the Lagos University Teaching Hospital, Idi-Araba, Surulere, due to a lack of bed space to admit her into a ward in the hospital for prompt treatment. Our correspondence gathered that until Doofan’s death, she ... Read More »
MTN to merge finance subsidiaries
MTN Nigeria has proposed the merger of its two finance subsidiaries – Momo Payment Service Bank Limited and Yello Digital Financial Services Limited. This was revealed in its proposed resolutions for its 2023 Annual General Meeting scheduled to hold in April. The company said that the proposed merger will “hold the Payment Service Bank license granted by the Central Bank ... Read More »
1999 Constitution : Buhari signs Bill compelling President,Govs to form cabinet within 60 days, after inauguration
President Muhammadu Buhari has signed into law the fifth alteration to the 1999 Constitution requiring the President and Governors to send the list of Ministers and Commissioners to the legislature within sixty days after inauguration. The bill, fifth alteration no 23 which is one of the bills which got two third approval of State legislatures, was sent to the President ... Read More »
“I accept the task before me,” Expect a competent cabinet, Youths, women to get big roles and Economic revival, Says President elect Bola Tinubu
NIGERIANS yesterday got an insight into the kind of cabinet President-elect Bola Ahmed Tinubu will form after taking over on May 29. It will be based on competence, youthfulness and with priority for women, but devoid of ethnic and religious consideration, the president-elect said in a statement he personally signed. To those clamouring for the formation of a board-based government, ... Read More »