Author: topnews

Achike Udenwa Arrested By EFCC

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The Economic and Financial crimes commission,(EFCC) has nabbed a former governor of Imo state, Achike Udenwa for collecting a N350 million stolen arms fund through embattled ex-minister, Esther nenadi. Nenadi was detained by the EFCC for allegedly receiving N2.5 billion of the N4 billion taken out of the Central Bank of Nigeria, on the orders of the ex-National Security Adviser, Sambo Dasuki, ahead of the 2015 election. Nenadi was the Director of Finance of the Peoples Democratic Party Presidential Campaign. Share on: WhatsApp

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Femi Otedola Loses $400Million In 9 Weeks – FORBES

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Nigerian billionaire Femi Otedola has lost more than $400 million of his personal fortune over the last 9 weeks as the stock price of Forte Oil, the Nigerian-listed energy behemoth he controls, shed off 43.5% in value within that period. In late February the share price of Forte Oil hit an all-time high of N342 per share after the Lagos-based utilities and petroleum marketing company released its impressive 2015 FY results and declared an attractive dividend of N3.45 per share. However, as at close of trading today (Tuesday), its share…

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Fifa Remembers Yekini

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On Friday 4 May 2012, at the age of 48, Rasheed Yekini passed away after a brief but serious illness. Nigeria’s record goalscorer (37 goals) ensured his name went down in the history books when he scored the Super Eagles’ first ever FIFA World Cup™ goal at the 1994 finals in the USA in the 3-0 group stage win over Bulgaria. FIFA.com looks back on his memorable goal and subsequent celebration. Yekini who played for several clubs in Spain, Greece, Portugal and Switzerland, could hardly believe he had scored and…

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Enugu Sacks Commissioner Of Police

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The Police Commissioner in Enugu State, Nwodibo Ekechukwu, was terminated from his post today following a series of clashes between Enugu State residents and Fulani herdsman. Enugu State has experienced significant bloodshed from attacks from Fulani herdsman and communal violence, including one attack in April leaving at least 48 people dead with houses and property burned to the ground. The violence has sparked demonstrations across Nigeria and in cities across the world. Many protesters are calling for President Buhari to take action against the Fulani herdsman suspects and protect the…

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FIDELITY BANK APPOINTS ALHAJI MOHAMMED LAWAL BALARABE AS ACTING MANAGING DIRECTOR

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In the absence of the Managing Director/Chief Executive, Mr.Nnamdi Okonkwo, the Board of Directors of Fidelity Bank Plc has appointed the Executive Director, North, Alhaji Mohammed Lawal Balarabe as the Acting Managing Director/ Chief Executive Officer of Fidelity Bank Plc. with immediate effect subject to regulatory approval. The Bank reassures all its stakeholders including over 400,000 shareholders of its continued seamless services. Share on: WhatsApp

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Leicester City Crowned New Champions Of England As Tottenham Slump To Chelsea

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Pochettino’s charges remain five points behind the Foxes with just six left in play after a gutsy triumph in west London, as the Blues failed to end their rivals’ hopes Eden Hazard will be the toast of Leicester, as the Belgian and Chelsea struck a late equaliser to tie 2-2 with Tottenham and hand the Foxes the Premier League title. Mauricio Pochettino’s men needed victory to retain hope of stopping Leicester’s astonishing march towards glory and Harry Kane’s 25th Premier League goal of the season, along with a clinical finish…

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El Rufai Condemns The Killings Of Traditional Ruler And His Nephew

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Governor of Kaduna state, Nasir El-rufai has reacted to the killings of a traditional ruler and his nephew in a community in Kaduna state. On Sunday night, Unknown gunmen murdered Mr Bala Madaki, District Head of Fadan Karshi in Numana Chiefdom of Sanga Local Government Area,alongside his nephew, Emmanuel Tanko, 19, at his residence in Fadan Karshi. Below is a press release from the Kaduna state government; Kaduna State Governor, Malam Nasir El-Rufai, has condemned the killing of a traditional ruler and his relation in Fadan Karshi, Sanga local government…

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Man Kills His 3 Sons In Kebbi

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A man, Mammman Dankarami in Goru village of Arewa local government area of Kebbi State has slaughtered his three children . The three male children were said to be aged between 5 months to 3 years. The sole administrator of Arewa local government Area, Alhaji Muhammadu Dan Kaku where the incident occurred made this known to journalists yesterday in Birnin Kebbi. He said after killing the children, the man jumped into an open well with the aim of committing suicide, but was saved by local government officials and the police.…

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FBN To Retrench 1000 Workers

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FBN Holdings Plc, parent company of First Bank Nigeria Limited, is planning to downsize 1000 workers and place less focus on providing loans to the oil industry in a bid to reverse the profit slump it experienced in 2015. The lender expects to boost its return on equity, to between 11 per cent and 14 per cent in 2016 from last year’s “really bad” figure of 3 per cent, according to the Chief Executive Officer of First Bank of Nigeria Limited, Mr. Adesola Adeduntan. He said the company was also targeting…

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Tiwa Savage Accused Of Infidelity, Hubby Threatens To Commit Suicide

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In what could be termed a love story gone sour, husband of songstress, Tiwa Savage, Mr. Tunji Balogun a.k.a Tee Billz on Thursday posted several posts on Instagram, a saying that he’s contemplating between committing suicide or ending his marriage to  the talented singer. Over the past couple of years, Tee Billz, who manages Tiwa Savage, has been accused of domestic violence – but both parties have never spoken on the matter. At some point, it was rumoured that Tee Billz was intimidated by the fame and success of the singer, hence…

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