Business

EFCC Arraigns 6, Coy Over N148.3M Fraud

    Six men and a limited liability company, were today, arraigned before a Federal High Court, Lagos, by the Economic and Financial Crimes Commission (EFCC) over alleged N148. 302 million fraud. Those arraigned before Justice Babs Kuewumi by the EFCC on the alleged fraud are : Alimi Haruna, Momouda Mohammed, Shittu Muideen, Akpojaro Amos, […]


NDLEA Arraigns Saudi Bound Passenger For Hiding Cocaine In Sandals

    A 49 year-old man, Hassan Mohammed Taiwo, who allegedly hid 1.3 kilogrammes of cocaine inside a pair of sandals, while traveling to Saudi Arabia, was today, arraigned before a Federal High Court, Lagos, by officers of National Drugs Law Enforcement Agency (NDLEA). The accused according to the NDLEA lawyer, Mr. J. I. Igunbor, […]


Customs Arraigns Man For Importing 1,570 Pump Action Rifles

    A businessman, Ayogu Great James, who was alleged to have imported 1,570 pump action rifles into Nigeria, sometimes between September 6 and 20, 2017, was today arraigned before a Federal High Court, Lagos, by the men of Nigerian Customs Services (NCS). Ayogu, a resident of Plot 291, Dawaki extention, opposite Gwarinpa Estate, Abuja, […]


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AIB Wins Best Govt. Exhibition Agency At Abuja Int’l Trade Fair

    The Accident Investigation Bureau(AIB) has been awarded the Best Government Exhibition Agency at the just concluded 2018 Abuja International Trade fair as a result its vast awareness created. This is the latest in the series of awards the agency has been garnering in the last one year. While congratulating the team that coordinated […]


Suspended Nigeria Air Project Did Not Lack Investors—Sirika Insists

    The Minister of State for Aviation, Senator Hadi Sirika has said that the suspended and controversial Nigeria Air project has more than enough investors contrary to speculations in some quarters that the project was put on hold for lack of investors. The clarification was made in an online statement issued by the Deputy […]


Breaking News: CBN Takes Over Skye Bank, Changes Name To Polaris Bank

  The Central Bank of Nigeria (CBN) Governor Godwin Emefiele said that the Apex institution has taken over Skye Bank Nigeria Plc. Emefiele, who disclosed this today at a media briefing in Lagos, added that CBN has changed the name Skye Bank to Polaris Bank. He also disclosed that CBN has injected a total of N786 […]


Court Grants 8 Ile-Epo Market Leaders Bail After 120 Days In Detention

    Eight leaders of Araromi/Ile-Epo Oke-Odo Market, In Alimosho Local Government Area of Lagos State who have been in prison custody since April 13, 2018, today, regained their freedom, as a Federal High Court sitting in Lagos granted their bail application filed before the court. The eight market leaders are: Livinus Njoku, 54, Lawal […]


SAHCOL Wins Air Namibia Lagos Ground Handling Contract

  The Skyway Aviation Handling Company Limited (SAHCOL) has won the contract to provide aviation ground handling services to Air Namibia at the Murtala Muhammed International Airport(MMIA) Lagos. According to a statement issued by the Acting Managing Director, SAHCOL, Mr. Basil Agboarumi The new contract, Agboarumi stated would see SAHCOL providing unequalled passenger, ramp and […]


N78M Fraud: Court Grants BDC Operator N25M Bail

    A Federal High Court, Lagos, today admitted bail in the sum of N25 million with two sureties each in like sum, to a Bureau De Change operator, Alhaji Samaila Abubakar, who was charged before the court over alleged N78 million fraud. Justice Babs Kuewumi, who presided over the court, also ordered that the […]


Police Arraigns BDC Operator Over N78M Fraud

    A Bureau De Change Operator, Alhaji Samaila Abubakar, was today, arraigned before a Federal High Court sitting in Lagos on charges bordering on obtaining the sum of N78 million under false pretence. Men of Federal Criminal Intelligence and Investigation Department (FCIID), Alagbon, Lagos had in charge number FHC/L/122c/18 alleged that the Nigerien BDC […]