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Category Archives: Breaking

Read Buhari’s Article for Bloomberg on Ongoing Work to Secure Nigeria, Fight Corruption & Revamp the Economy

President Muhammadu Buhari wrote an article for Bloomberg where he highlights his government’s ongoing work to secure Nigeria, fight corruption, and revamp the economy. Read below: Until a few years ago, Africa Rising was a dominant theme in conversations about the global economy. That enthusiasm has since cooled, so that in newsrooms and think tanks…

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Kidnapped Pupils & Teachers of Model College Lagos Reunited with their Families

Today, the Lagos State Government confirmed the release of the four pupils and teachers of the Lagos State Model College (Senior and Junior) Igbonla in Epe who were kidnapped by suspected ex-Ijaw militants on October 6, 2016. The Government, in a statement signed by the Commissioner for Information and Strategy, Mr. Steve Ayorinde, said the…

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EFCC Declares Goodie Ibru Wanted Over Capital Market Fraud & Money Laundering

  One of the richest hotel owners in Nigeria Goodie Minabo Ibru has been declared wanted by the Economic and Financial Crimes Commission, EFCC, for capital market fraud, money laundering and other related offences. Ibru is also the current Chairman Ikeja Hotel Plc (owners of Sheraton Lagos Hotel), The Tourist Company of Nigeria Plc (TCN)…

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Buhari Will Begin Official Visit to Germany From Tomorrow, 13 October

  President Muhammadu Buhari will begin an official visit to the Federal Republic of Germany from tomorrow, 13 October. Mr. President will meet with the most powerful woman in the world, Chancellor of Germany Angela Merkel and talk on issues of shared interests between Nigeria and Germany. He will be accompanied by Governors Kashim Shettima…

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Emir of Kano, Emir Muhammadu Sanusi Unveils Official Portrait Photo

  The Emir Muhammadu Sanusi II has unveiled his official portrait photo. The Emir of Kano took to his Instagram page posting the photo shot by TY Bello. If you remember, early in September, the Emir was featured on the cover of ThisDay Style magazine, (Check here for photos) celebrating the grandeur of Kano Royalty, the…

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UBA Grows Profit to N62 Billion in Nine Months

Kennedy Uzoka, Group Managing Director and CEO of UBA Plc   Leveraging its expansive footprint, pan-African banking group, United Bank for Africa Plc, announced its unaudited Third Quarter Financial Results, showing a 7% year-on-year growth in profit before tax to N62 billion despite the challenging macro-economic environment. This represents an impressive 18.2% annualized return on average equity. The Bank…

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N15million Cash Ransom Paid to Kidnappers of CBN Governor’s Wife, Margaret Emefiele, Police Parade 9 Suspects

Mrs Margaret Emefiele The Nigeria Police Force, NPF, on Monday paraded the suspected kidnappers of Margaret Emefiele, the wife of Central Bank of Nigeria, CBN, governor Godwin Emefiele, unveiling as well the N15million naira cash ransom the kidnappers were paid for Margaret’s release. Mrs. Emefiele was abducted by heavily armed gunmen late Thursday, September 29, 2016…

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DSS Releases Arrested Judges

  After Friday and Saturday raids by the Department of State Services in Abuja, Port Harcourt and Gombe where residences of senior judges were raided and arrests made, the arrested Justices Sylvester Ngwuta and Inyang Okoro both of the Supreme Court, the suspended Presiding Justice of the Court of Appeal, Ilorin Division, Justice Mohammed Ladan Tsamiya, Justice…

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