It has been confirmed by the National Drug Law Enforcement Agency, NDLEA, that the substance found in a container imported by an Ikeja-based multinational roofing materials company (names withheld) is cocaine. The Head of Public Affairs of NDLEA, Mitchell Ofoyeju, said the drug was worth over N2 billion. He said that the substance weighed 214.732kg and that investigation had begun. It will be recalled that the Tin-Can Island Command of the Nigeria Customs Service, NCS, said it discovered a substance suspected to be cocaine in one of the seven containers brought…
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CBN, HERITAGE BANK, NYSC DISBURSE N774M TO 310 YIEDP BENEFICIARIES
The Central Bank of Nigeria (CBN), Heritage Bank Plc, Nigeria’s most innovative banking services provider and The National Youth Service Corps (NYSC) have disbursed a whopping sum of N774million to 310 beneficiaries under the Youth Innovative Entrepreneurship Development Programme (YIEDP). Speaking at the flag-off ceremony for the disbursement of funds to young entrepreneurs under the YIEDP, on Thursday, the CBN Governor, Mr. Godwin Emefiele, commended Heritage Bank for its painstaking effort to buy into the vision of job creation and piloting the programme to a successful stage. The governor, who…
Read MoreAmaechi, Onu begged me to pervert justice in Ekiti, Rivers, Ebonyi election cases – Justice Ngwuta
Justice Sylvester Ngwuta of the Supreme Court, whose home was raided by operatives of the Department of State Service, DSS, has opened fresh can of worms, alleging that his ordeal was a function of his refusal at various times, to help the All Progressives Congress, APC, to pervert justice in governorship election disputes involving Ekiti, Rivers and Ebonyi states. Justice Ngwuta, in a letter dated October 18, which he forwarded to the Chief Justice of Nigeria, CJN, Justice Mahmud Mohammed and the National Judicial Council, NJC, specifically fingered the Minister…
Read MoreAlleged Crude oil theft: Court adjourns case against Shell till Dec 8
The suit by the Federal Government against Shell Petroleum Development Company of Nig. Limited and its subsidiary, Shell Western Supply and Trading Limited, over alleged crude oil theft has been adjourned till December 8, 2016 by a Federal High Court sitting in Lagos yesterday. Counsel to the Federal Government in the suit is Prof. Fabian Ajogwu, SAN. The case was adjourned following the absence of the trial judge, Justice Mojisola Olatoregun. The plaintiff has, meanwhile, filed an amended statement of claim, which is yet to be moved. Government in the…
Read MoreBritish Fashion Council CEO Caroline Rush to Speak at the GTBank Fashion Weekend
Caroline Rush has achieved remarkable success in promoting the British fashion industry, particularly through organizing the globally renowned London Fashion Week and the prestigious British Fashion Awards. In 2015, she was appointed Commander of the Order of the British Empire (CBE) by the Queen of England for services to the British fashion industry. Caroline Rush will be at the GTBank Fashion Weekend to offer insights on how to successfully position a fashion brand. Share on: WhatsApp
Read MoreAFRICA’S STARS TO PAY TRIBUTE TO MANU DIBANGO, KING SUNNY ADE, PAPA WEMBA AT AFRIMA 2016
The performance stage of the 2016 All Africa Music,Awards, AFRIMA, will come alive on Sunday, November 6 at Eko Hotels & Suites, Lagos in Nigeria as African music stars line up for pulsating and emotive tribute performances in honour of Manu Dibango, King Sunny Ade and late Papa Wemba, three of Africa’s renowned music legends. In partnership with the African Union Commission, AUC, and the support of the Official Host City, Lagos State, AFRIMA 2016 grand awards ceremony is preceded by The AFRIMA Music Village on Friday November 4, 2016,…
Read MoreGtbank Releases 2016 Q3 Unaudited Results…. Reports Profit Before Tax of N140.84Billion
Guaranty Trust Bank plc has released its unaudited financial results for the 3rd quarter ended September 30, 2016, to the Nigerian and London Stock Exchanges. A review of the 3rd quarter performance shows positive growth across all key financial metrics and improved strategic positioning of the brand. Gross earnings for the period grew by 44% to N329.3billion from N229.4billion reported in the corresponding period of September 2015; driven by growth in fee & commission income as well as foreign exchange income. Profit before tax stood at N140.84billion, representing a growth…
Read MoreEU gets tough on African migrants
Reports has it that EU leaders are getting tough on African migrants. This is encouraged by their success in halting a mass influx of refugees by closing Greek borders and cutting a controversial deal with Turkey. A Brussels summit on Thursday is expected to endorse pilot projects to pressure African governments, via aid budgets, to slow down the influx– an exodus of people across the Sahara and Mediterranean. It also wants swift results from an EU campaign to deport large numbers who reach Italy. “By the end of the year,…
Read MoreWoman contracts assassin for N500,000 to kill husband, says she’s a frustrated wife.
Mrs. Chika Orji, a 41-year-old woman, who was arrested by policemen attached to Area ‘J’ Command, Ajah, Lagos State, for allegedly hiring assassins to kill her husband of 14 years over a disagreement which led to their separation, has said she was a frustrated housewife but that she only sent the thugs to beat him. The woman was arrested following a confessional statement by one of the suspected assassins, Bright Ikechukwu, who was arrested while attempting to break into Mr. Orji’s apartment at Jakande Estate, Ajah. During preliminary investigation, it…
Read MoreI get angry whenever people blame Buhari.. –Obasanjo
Olusegun Obasanjo, Nigeria’s former president has said that he always get angry whenever people blamed Buhari for not making comments concerning the destruction done by herdsmen, and other national issue. Obasanjo who made this known in Abuja on Tuesday at an agriculture seminar in Abuja organised by Lift Above Poverty Organisation (LAPO), a Non-Governmental Organisation (NGO) with “Food Security and Sustainable Agriculture in Nigeria: Challenges and Opportunities’’ as theme said that herdsmen have the onus to look and take care their animals but it is ‘unacceptable’ for them to destroy…
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