#featured

The EFCC arrested former Governor Darius Ishaku over alleged N9.3 billion fraud

The Economic and Financial Crimes Commission (EFCC) has arrested former governor of Taraba State, Darius Ishaku, over alleged N9.3 billion fraud, TheCable reports. Sources told the news platform on Friday that the former governor has been detained by anti-corruption agencies in Abuja. Ishaku will be arraigned alongside former permanent secretary of the local government and chieftaincy affairs bureau in the …

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NGX: Equity markets ended the week in the red as investors lost N37 billion

Investors in the Nigerian equity market lost N37 billion at the close of trading on Friday. This follows the fall in prices of shares such as CAVERTON, NNFM, and UPL, among others, on the stock exchange floor today. After five hours of trading on the capital market, equity capitalization fell to N56.5 trillion from N56.6 trillion recorded by the exchange …

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10 headlines from all newspapers in Indonesia, Thursday, September 26, 2024

Here are the top 10 stories making headlines across the country. 1. Fresh trouble for Yahaya Bello as Nigerian government moves to charge former governor over alleged N110.4 billion fraud The Federal Government has filed fresh criminal charges against former Kogi State Governor Yahaya Bello at the Federal High Court, Abuja.Read more 2. Kekere-Ekun confirmed as new Chief Justice of …

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Fresh trouble for Yahaya Bello as Nigerian government moves to charge former governor over alleged N110.4 billion fraud

The Federal Government has filed fresh criminal charges against former Kogi State governor, Yahaya Bello, at the Federal High Court, Abuja, TheCable reports. In a charge sheet seen by the news platform on Wednesday, the former governor will be arraigned on 16 counts of criminal breach of trust amounting to N110.4 billion alongside two state government officials, Abdulsalami Hudu and …

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Yahaya Bello takes money laundering case to Supreme Court

A Federal High Court in Abuja has adjourned the money laundering case against former Kogi State Governor Yahaya Bello, filed by the Economic and Financial Crimes Commission (EFCC), to October 30, 2024, for judgment. Justice Emeka Nwite granted the stay while Bello seeks to appeal the court’s arrest warrant issued on April 17. During the hearing, Bello’s defence lawyer, AM …

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INVESTIGATION: After oil spill, Eni claims it never happened (Part II)

This investigation was conducted by PATRICK EGWU is the second part of a three-part, year-long investigative series on climate change disinformation and claims by international multinational oil companies – Shell and Eni operating in Nigeria’s Niger Delta region. Read part 1 here.   In February 2022, an oil pipeline owned and operated by Italian giant Eni broke and cause a …

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NGX: Equity market maintains bullish trend as investors earn N104 billion

Investors in the Nigerian equity market made a gain of N104 billion at the close of trading on Tuesday. This follows a surge in the prices of stocks such as NIDF (Nigerian Infrastructure Debt Fund), FBNH (FBN Holdings Plc), and ELLAH LAKES (Ellah Lakes Plc) among others on the trading floor. After five hours of trading in the capital market, …

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SOCIAL MEDIA TRENDS: Netizens react as Ebonyi Deputy Governor distributes N1k to poor in poverty alleviation effort (Video)

Ebonyi State Deputy Governor, Princess Patricia Obila, has drawn criticism after she was caught on video handing out N1,000 to poor residents as part of her poverty alleviation programme. In a video that has gone viral on social media, Princess Obila is seen going around what appears to be a popular transportation unit in Abakiliki, handing out cash to commercial …

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