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The Economic and Financial Crimes Commission (EFCC) has arrested a former board chairman of the defunct Skye Bank Plc Plc, Tunde Ayeni, for alleged money laundering, embezzlement and diversion of funds A source close to the commission said on Friday that Ayeni, a businessman, was picked up on Thursday in Abuja. The former president, the source said, was questioned for …

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Justice James Omotosho of the Federal High Court, Abuja, on Friday set April 29 for the arraignment of a woman, Tracynither Ohiri, for allegedly cyberstalking the Minister of Public Works, David Umahi. The judge adjourned the case to allow Ohiri to accept his plea after prosecution lawyer Wisdom Madaki prayed to the court for a brief adjournment so he could …

the The Rivers State chapter of the African Democratic Congress (ADC) has responded to remarks attributed to the Minister of the Federal Capital Territory, Nyesom Wike, regarding the 2027 governorship succession of the state. Speaking in Port Harcourt on Friday, the party’s state president, Chukwudi Dimkpa, said the choice of a governor was ultimately up to the electorate, describing the …

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Investors in the Nigerian equity market earned N1.8 trillion at the close of trading on Friday. This follows a surge in the prices of shares such as UPDC, Academy Press and HM Call, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 225,722.49 points from 222,837.68 points on the previous trading day. After five …