Court Remands Zenith Bank Manager Over Alleged N179.4M Fraud

  Story By Gbenga Ogunbufunmi     A Federal High Court sitting in Lagos, today, ordered the remand of the Asaba branch manager of Zenith Bank Plc, Mr. Fidelis Egueke, in the custody of Force Criminal Investigation Department (ForceCID) Alagbon, Ikoyi, Lagos, till Tuesday, December 1, 2020, when his bail application will be heard and […]

N450M Fraud: Prosecutor’s Absence Stalled Dangote’s Employees, Bizman’s Trial

  The absence of the prosecution from the police Special Fraud Unit (SFU) of the Nigeria Police Force today stalled the trial of eight staff of DangoteSugar Refinery Limited, and a bisinessman accused of stealing N451million from Dangote Sugar Refinery Ltd. The staff are; Musa Sule, Joseph Ukpah, Babatunde Ajao, Onyekwere Chinedu, Alayande Rahman, Omoro […]

Boeing Secures Over $800M In Middle East Training, Support Contracts  

      Boeing today acknowledged three foreign military sales contracts with the U.S. Air Force for training services and support in the Middle East valued at over $800 million. The first previously unannounced contract was awarded in 2019 and will support the Qatar Emiri Air Force (QEAF) with F-15QA programme management, maintenance and aircrew […]

Ossiomo Power Plant Begins Power Supply, Lights Up Samuel Ogbemudia Stadium

     The 55 MW CCETC-Ossiomo Independent Power Plant in Benin City has commenced power supply in the state with the lighting up of the Samuel Ogbemudia Stadium, a feat that has now opened up the electricity market in Edo State to drive industrial growth and attract private investors. Special Adviser to the Governor on […]

FG Begins Evaluation Of Bids To Establish MRO, Leasing Company In Nigeria

    The Federal Government has commenced the evaluation of the bids submitted by bidders in response to the Request for Proposals (RFP) for the establishment of an Aviation Leasing Company (ALC) and Maintenance, Repair and Overhaul (MRO) centre at the Nnamdi Azikiwe Airport (NAA), Abuja. This will be followed by announcement of the preferred […]

Obaseki, Edo Residents Prepare For Inauguration, 2020 Alaghodaro

    Plans are in top gear for the inauguration of the Edo State Governor, Mr. Godwin Obaseki, for a second term in office, which will hold alongside the annual Alaghodaro Summit. Governor Obaseki will be sworn into office along with his deputy, Rt. Hon. Comr. Philip Shaibu, for another term of four years, on […]

Edo Govt., FG Begin Free Business Registration For MSMEs

    The Edo State Government in collaboration with the Federal Government has commenced the registration of free business names for Micro, Small and Medium Enterprises (MSMEs) in the state. Special Adviser to the Governor on Media and Communication Strategy, Crusoe Osagie, in a statement, explained that the free business name registration is part of […]

Keystone Bank Furnishes Court With Documents Used By Atuche, Ojo In Alleged N125B Fraud

      Gbenga Ogunbufunmi   Keystone Bank Plc, furnished a Federal High Court, Lagos presided over by Justice Ayikunle Faji  with the minutes of 38 Board of Directors’ General Meeting held on July 2008, at Victoria Island, Lagos. The production of the documents was sequel to the subpoena issued by the court on the […]

Bubez Foods Exports 8 Tons Of Nigerian-Made Pap To Europe

    It was a cheering news today as Bubez Foods, a Nigerian company branded and commenced the export of  8 tons of  Nigerian-made pap to the United Kingdom with encouragement and support from   the Nigerian Export Promotion Council (NEPC), Free On Board (FOB)Global Logistics and  the Nigerian Aviation Handling Company(NAHCo). Speaking to journalists […]

Fraudulent Transaction: First Bank Customer Demands For Refund

      One of the numerous customers of First Bank Plc, Dele Adeyemi, has called on the management of the bank to refund the sum of N100, 000, 00, which was fraudulently diverted to unauthorized beneficiary. Dele, a resident of 18, Ajibade Street, Mokola, Ibadan, Oyo State, also called on the relevant authority to […]