Crime Financial Crimes

How former First Marina Trust employees reportedly scammed clients of N1.3 billion

On Monday, two former employees of First Marina Trust Ltd. testified in a Federal High Court in Lagos about how they copied the emails of a number of customers and stole more than N1.3 billion from them. Adeyemi Oluwaseun and Suleiman Yusuf’s trial has been resumed, and Mr. Anthony Onyeoghane, a witness for the Economic Read More…

Crime Metro Stealing

60-year-old man accused of stealing employers N4.3 million

A 60-year-old man named Wole Bakare appeared in Ikeja Magistrates’ Court on Monday for allegedly stealing N4.3 million from his workplace. The defendant, a sales advisor, was docked for theft and resides at 8, Ajiboye Crescent, Orile Agege, Lagos. The offence was committed between July 1 and August at SOHAS S.S. Ventures on Ogba Road, Read More…

Love Food
Advertising Business

Nigeria loses N120 billion per year to overseas advertising production

The production of advertising, promotional, and marketing communication materials outside of the country costs the Nigerian advertising business approximately N120 billion yearly, according to the Advertising Regulatory Council of Nigeria (ARCON). This was said in a statement made available to newsmen on Monday in Abuja by Dr. Olalekan Fadolapo, Director-General of ARCON. He claimed that Read More…

City Transport Legal Metro

Court invites parties to justify N20 million decision against LASTMA

In a N20 million lawsuit against the Lagos State Traffic Management Authority (LASTMA), Justice Tijani Ringim of a Federal High Court in Lagos on Monday ordered some Nigerian commercial banks to appear and give reasons. Following a garnishee action brought by a Lagos lawyer named Mr. David Enemona, the court issued the order for parties Read More…

Ebonyi Nigeria Politics

LP Ebonyi South candidate detained, not kidnapped – Police

The Police Command in Ebonyi called the supposed kidnapping of Linus Okorie, a senatorial candidate for the Labour Party in the state’s Ebonyi South, a “fake.” In a statement issued in Abakaliki on Monday, the command’s spokesman, Chris Anyanwu, claimed that Okorie had simply been apprehended and not kidnapped. He claimed that Okorie, a former Read More…

REUTERS/Afolabi Sotunde
Disaster Emergency Relief Nigeria

FG meets Cameroon over floods, gives state governments evacuation instructions

The current floods, which hit Nigeria after Cameroonian authorities released water from their Lagdo Dam, have affected more than 2.5 million people. Out of this total, 603 people died, 2,407 were injured, and 1.3 million people were displaced. The Minister of Humanitarian Affairs, Disaster Management, and Social Development, Hajiya Sadiya Umar Farouq, disclosed these figures Read More…

General Dynamics
Aviation Nigeria

NAMA increases satellite ground base stations to 14

To accommodate the additional airports being built throughout the nation, the Nigerian Airspace Management Agency (NAMA) has expanded the number of satellite ground base stations from eight to fourteen. On Sunday, Mr. Matthew Pwajok, the acting managing director of NAMA, informed newsmen of this. He mentioned that there used to be just eight satellite stations Read More…

Business Infrastructure Nigeria Taxes & Duties

FG authorises MTN’s N202.8bn tax to finish Enugu-Onitsha Expressway

The Federal Executive Council (FEC) has approved MTN Nigeria PLC, a telecommunications operator, finishing the ongoing Enugu-Onitsha expressway at a cost of N202.8 billion using the Federal Government’s Tax Credit Scheme. This information was provided to the State House reporters by Minister of Works and Housing Babatunde Fashola, Minister of Police Affairs Maigari Dingiyadi, and Read More…

Athletics Sports

Amusan, Fraser-Pryce, and others compete for Athlete of the Year Award

Tobi Amusan of Nigeria, a world record holder, and 10 other athletes have been nominated for the 2022 World Athlete of the Year Award. Amusan and other candidates were named for the December award in a statement released yesterday by World Athletics’ Senior Media Relations Manager, Maggie Durand. The Jamaican speed sensation Shelly-Ann Fraser-Pryce, American Read More…