Monthly Archives: June 2016

Alleged Unpaid N5.5bn Loan: A’Court Strikes Out Ecobank’s Suit Against Honeywell, Others

  The Lagos Division of  Court of Appeal, today, struck out the three pending appeals filed by Ecobank Plc against the ruling of a Lagos Federal High Court, over alleged indebtedness of Dr. Oba Otudeko’s three companies to the bank.   The Dr. Otudeko’s companies are; Honeywell Plc, Anchorage Leisure Nigeria Limited, and Silom Nigeria Limited.   The Appeal Court ...

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Warder Battles Journalists For Taking Convict’s Picture

    A prison official, Mr. A. A. Teriba, on Tuesday, at an Ikeja High Court of Lagos, fought with Journalists who attempted to take the picture of a convicted armed robber, Femi Adebowale.   There‎ was a mild drama in Ikeja High Court yesterday after justice Oluwatoyin Ipaye convicted Femi Adebowale to death by hanging for armed robbery.   ...

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Court Remands Nnenadi UsmanFani-Kayode, 1 other Over Alleged N4.6bn Fraud

Justice Sule Hassan of a Lagos Federal High Court, today, ordered that Mr. Femi Fani-kayode, Nnenadi Esther Usman, and one Danjuma Yusuf be remanded in prisons custody, till Friday July 1, when he will rule on bail applications file in respect of criminal charges filed against them by the Economic and Financial Crimes Commission (EFCC).   The judge gave the ...

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HALLIBURTON SCANDAL: We Never Wrote to U.S. Govt Over Aisha Buhari – Ogor, Reps Minurity Leader

Minority Leader of the House of Representatives and leader of the PDP Caucus in the House, Hon. Leo Ogor has debunked media reports credited to Pointblanknews.com to the effect that the PDP Caucus in the House of Representatives had written to the United States Government to unravel the alleged Aisha Buhari who was  involved in the Halliburton bribery scandal. Hon. ...

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Education Minister Reiterates Ban On Post-UTME

Education Minister, MalamAdamuAdamu has reiterated the ban on Post Unified Tertiary matriculation Examination, otherwise known as Post-UTME conducted by Tertiary Institutions for admission into Universities and other higher institutions of learning in the country.   “The ban is with immediate effect, and under no circumstance should any institution violate the directive” …… the Minister said.   Giving the directive today ...

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2 Capital Market Operators Arraigned Over Alleges N119.8m Fraud

The Economic and Financial Crimes Commission, EFCC, on Monday, arraigned two capital market operators, Nneka Okechukwu and Nkeiru Okoro, before an Igbosere High Court og Lagos, over alleged fraud of N119.8 million.   Okechukwu worked as the head of the business development, Heritage Capital Markets Limited Lagos while Okoro worked with one C. N. Ukachukwu and sons Limited   The ...

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