Category: News

N69.4bn Debt: AMCON takes over Jimoh Ibrahim’s prime properties

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The Assets Management Corporation of Nigeria(AMCON) amended act, may have spelt trouble for corporate debtors, as it provides the corporation with additional powers to deal decisively with debtors that hide under legal technicalities to avoid repayment of their loans. One of such people who just received the short end of the stick is no other person than the CEO of NICON Investments, Barrister Jimoh Ibrahim. Following the order of Honourable Justice R.M. Aikawa of the Federal High Court, Lagos Division, the Asset Management Corporation of Nigeria (AMCON) has taken possession…

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Kidnapping: Bandits demand N100m ransom for abducted ASPs

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Reports say armed bandits holding Assistant Superintendents of Police captive in Katsina State for over one week are demanding N100m ransom for their release. It was gathered that the ASPs were among the nine who were just promoted to their current rank. They were attached to the Mobile Police Squadron 6, Maiduguri, Borno State. The officers who were demobilised from the riot unit and eight of them were on their way to the Zamfara State Police Command on transfer when they were ambushed in the Dogondaji area of Katsina State…

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How 24-year-old suspect collected N500,000 ransom, killed 8-year-old girl in Kano

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Habibu Sale, a 24-year old suspect has been apprehended by men of the Kano State Police Command after he allegedly kidnapped and killed an 8 year-old girl, Asiya Tasiu in Chikawa village, Gabasawa Local Government Area of the state. Habibu was said to have also collected a ransom of N500,000 before the girl died. His claim was that, the girl died as a result of an accident on a motorcycle when he was driving her away to their hideout. Habibu was arrested on November 7 in front of his house…

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FirstBank promotes financial inclusion amongst children with KidsFirst and MeFirst accounts

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First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its variant account products – KidsFirst and MeFirst – created to encourage the right savings culture among children from 0 – 17 years. The offerings have relevant enhancements including appropriate parental guidance and financial discipline for children as they grow into adulthood. Both accounts can be opened with zero balance and operated with a minimum balance of N100.00. KidsFirst Account is designed for children between the ages of 0 and 12 years to sensitise them…

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Ebonyi PDP caucus: Gov. Umahi’s defection is selfish, we are not with him

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Governor David Umahi may have found himself in political wilderness, if the statement from the National Assembly members from Ebonyi State is true. Umahi had defected from the Peoples Democratic Party(PDP) to the All Progressives Congress(APC), claiming injustice. However, the leader of the Ebonyi State PDP caucus in the National Assembly, Senator Sam Egwu, a former governor said read the position of his colleagues is that, none of the lawmakers would defect with Umahi. In a statement, they said what the governor did was unacceptable and selfish. At a press…

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Gov Umahi: Why I left PDP for APC

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Ebonyi State Governor, Chief David Umahi says his defection to the All Progressives Congress, APC was not as a result of the People’s Democratic Party not zoning the Presidency to him as being speculated in some quarters, but because of injustice. According to the Governor, his defection to APC is because he believes that the ruling party is amenable to working with the South East region than the PDP. Governor Umahi insisted that he would continue to agitate for the interest of the South East in or out of office…

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I can never be arrested, Shekau boasts in latest video

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The leader of Jama’atu Ahlissunnah Lidda’awati Wal Jihad also known as Boko Haram, Abubakar Shekau, in his latest video, has again taunted the Nigerian military, that he cannot be arrested because he is doing the work of God. The Nigerian Army had on November 11, 2020 kicked off a fresh manhunt for Shekau and other top commanders of the sect. In his new video, Shekau said nobody can arrest him because he was doing the work of God who will protect him. “Nobody can apprehend me, because I’m doing God’s…

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69 former councillors, 14 secretaries defect to PDP in Zamfara

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Zamfara State chapter of the Peoples’ Democratic Party, PDP has recorded another set of members as 69 former Councillors and 14 local government council secretaries have announced their defection from the All Progressives Congress (APC) to the Peoples Democratic Party (PDP) in the state. A statement signed by Jamilu Iliyasu, the Press Secretary to the state governor, Gov. Bello Matawalle says the defectors, who had served as elected councillors between 2012 and 2019, moved from the APC to the PDP under the auspices of the state chapter of the Ex-councillors…

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Diversion of funds: Businessman wants EFCC to investigate LUTH staff

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A Lagos based businessman, Babatunde Saka and his company Ofly Global Resources Limited, in a suit filed before a Lagos High Court in South West Nigeria, are urging the court to compel Economic and Financial Crime Commission, EFCC to investigate a staff of Lagos University Teaching Hospital (LUTH), Saheed Ayinla Ogundare who trade under the name and style of SEADROF HOTELS &SUITES operating from Block2, Flat5, LUTH Staff Quarters Idi Araba, Mushin Lagos, for alleged diversion of funds of the Teaching hospital. Joined as co-defendants in the ensuing legal hostility,…

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Born in 1996, employed in 1992; Reps to investigate 24-year-old deputy director

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The House of Representatives expressed grave concerns over the inefficiencies in the operations of Bureau of Public Procurement (BPP) and resolved to investigate a Deputy Director Accounts on Grade Level 16 who was born on January 8, 1996, but employed December 15, 1992, and promoted Deputy Director on January 1, 2019. This happened during the ongoing budget defence as lawmakers expressed the concern during the 2020 budget performance and 2021 budget defence on BPP. It also demanded the utilization of various subheads on N22.666 million spent on welfare packages, N17.912…

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