Daily Archives: October 10, 2018

#BuhariChallenge: Atiku Poses Questions for Buhari over Issues Based Campaign

Presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar has changed the candidate of the All Progressives Congress (APC), President Muhammadu Buhari to engage him on issues based campaign and stop spreading rumors and falsehoods. The Atiku Presidential Campaign Organisation (APCO) in a statement regretted that the President’s men have continued to rain insults on the PDP candidate. ...

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3 Suspected Fraudsters Forfeit N88.8m To Federal Government

A Federal High Court, Lagos, today, ordered that the total sum of N88, 452, 846. 11 million, belonging to three suspected fraudsters, be temporary forfeited to the federal government of Nigeria. The three suspected fraudsters, listed as defendants in a suit filed before Justice Saliu Saidu, by the Economic and Financial Crimes Commission (EFCC) are: Osanyinbi Oluwaseun Temitope, Olawoye Oluwamuyiwa ...

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Unpaid Debt: Court Orders Shebah Coy, Its Chairman, Dr. Orjiako To Pay 3 Banks $144.2m

  In an effort to ensure that judgments delivered by High Court of Justice Queen’s Bench division, a United Kingdom’s Court, upheld by Supreme Court of United Kingdom, ordering  Shebah Exploration & Production Company Limited, Allenne Limited and Dr. Ambrosie Bryant Chukwueloka Orjiako (defendants) to pay three banks the sum of $144.2 million being the outstanding and accrued interest of a facility granted ...

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Forex: Wholesale segment, others get $210m boost

Authorized dealers in the wholesale segment of the inter-bank foreign exchange market received the sum of $100million from the Central Bank of Nigeria (CBN) on Tuesday, to meet the needs of customers. The CBN also on Tuesday allocated the sum of $55million each to the Small and Medium Enterprises (SMEs) and the invisibles segments. The figure for the invisibles was ...

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