Daily Archives: November 16, 2018

Looters’ List: Contempt Suit Against Lai Mohammed Dismissed

Justice Rilwan Aikawa of a Federal High Court, Lagos, today dismisses a contempt application filed by a former Minister of State for Finance, Mrs. Esther Nenadi Usman, seeking to commit the Minister of Information, Alhaji Lai Mohammed to prison for the inclusion of her name in the ‘looters’ list’ he released to the public. Justice Aikawa described the application as ...

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Illegal Arms: Shipping Firm Tells Court How 661 Pump Action Rifles Smuggled To Nigeria

  A prosecution witness in the ongoing trial of two former Customs officers and four others businessmen, today, narrated to the Federal High Court, Lagos how the defendants smuggled 661 pump action rifles  into the country. The witness, Mrs. Blessing Ebri, a staff of Merks Line Nigeria Limited, who is the eighth prosecution witness, while being led in evidence by ...

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Illegal Drug Dealing: Drug Merchant Bags 3 Years Jail Term

A hard drug merchant, Okonkwo Simon Chukwudi, has been sentenced to three years imprisonment by a Lagos Federal High Court, for attempting to export 10 kilograms of Cannabis Sativa, popularly called marijuana, to Maputo, the Mozambique capital. The court presided over by Justice Ayotunde Faji, handed down the jail term on the drug merchant, after listened to the alocutor from ...

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N1.6bn Fraud: Ex-President Jonathan Aide, Dudafa, Other Plea Not Guilty To Amended Charge

The former Senior Special Assistant to President Goodluck Jonathan, on Domestic Affairs, Dr. Waripamo-Owei Emmanuel Dudafa, today, pleaded not guilty to the 22 counts amended charge filed against him by the Economic and Financial Crimes Commission (EFCC) over alleged N1.6bn fraud. Also, Dudafa’s co-defendant, Iwejuo Joseph Nna, equally pleaded not to the amended charge. The plea of the two defendants ...

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Forex: CBN injects $318.03m, CNY 62.18m into Retail SMIS

In its last sale before the final Monetary Policy Committee (MPC) meeting for 2018, the Central Bank of Nigeria (CBN) on Friday, November 16, 2018, injected the sum of $318.03million in the retail Secondary Market Intervention Sales (SMIS) of the inter-bank foreign market   The CBN also on Friday offered CNY62.18million in the spot and short-tenored forwards segment. The Banks ...

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Illegal Drug Dealing: Drug Merchant Bags 3 Years Jail Term

A hard drug merchant, Okonkwo Simon Chukwudi, has been sentenced to three years imprisonment by a Lagos Federal High Court, for attempting to export 10 kilograms of Cannabis Sativa, popularly called marijuana, to Maputo, the Mozambique capital. The court presided over by Justice Ayotunde Faji, handed down the jail term on the drug merchant, after listened to the alocutor from ...

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