Security and Exchange Commission (SEC) has been restrained by a federal High Court, Lagos, from taking any step concerning its imposition of a fine of N91,125,000.00 on the Group Chief Executive Officer of Oando Plc, Mr. Wale Tinubu, and barring him and his deputy, Mr. Omamofe Boyo, from being directors of public companies for a period of five years. Justice Mojisola Olatoregun granted the order yesterday following an ex-parte application accompanied with an affidavit of urgency filed before the court by Dr. Olisa Agbakoba (SAN) leading two other senior advocates,…
Read MoreOshiomhole, author of confusion —Oyegun
Chief John Odigie-Oyegun, immediate past National Chairman of the ruling All Progressives Congress, APC, has absolved himself of allegations of being behind the current travails of his successor, Comrade Adams Oshiomhole, describing the former labour leader as a master of the art of deception and author of confusion. He described the allegations as “ludicrous and infantile” as well as “an attempt to dream up justifications for the failings of the party under Oshiomhole’s chairmanship.” Since the build up to the June 2018 National Convention of APC and the consequent emergence…
Read MoreFidelity Bank reiterates commitment to youth development
Fidelity Bank Plc has reiterated its commitment to youth development through sports. Managing Director /Chief Executive Officer, Fidelity Bank Plc, Nnamdi Okonkwo, stated this describing sport as a strong element in youth development. Okonkwo stated this at the closing ceremony of the Anambra State U13/U17 Academicals which took place at St. Mary’s High School, Ifitedunu, Anambra State at the weekend. He explained that Fidelity is pleased to partner with the state as a way of giving back to the society, stressing that through the initiative the bank also intends to…
Read MoreOmokri backs Buhari, faults CAN; says Jonathan, Obasanjo attended OIC meetings
Former aide to ex-President Goodluck Jonathan, Reno Omokri, on Sunday, faulted the Christian Association of Nigeria, CAN, for criticising President Muhammadu Buhari for attending the Organisation of Islamic Cooperation summit a day after he was inaugurated into office for a second term. Earlier report has it that the President of Christian Association of Nigeria, CAN, Rev. Samson Ayokunle, on Saturday berated President Muhammadu Buhari for attending the Organisation of Islamic Cooperation summit 24 hours after his inauguration. CAN insisted that Buhari’s attendance at the OIC was unconstitutional and confirmed worries about…
Read MorePastor arrested for raping, impregnating teenager, blames devil
A pastor of the Mountain of Fire and Miracles Ministries, Gwarinpa branch, David Onyekachuku has been arrested by operatives of the National Agency for the Prohibition of Trafficking in Persons, for allegedly raping and impregnating a 16-year-old girl. Onyekachuku, 48, who hails from Nsukka in Enugu State, had met the victim, a Junior Secondary School 2 pupil in the Karmo area sometime in 2018 and started making love advances to her. According to NAPTIP in a statement on Sunday, the pastor, after his arrest and during interrogation, confessed to have…
Read MoreAnthony Joshua loses three titles to Andy Ruiz in one night
In a stunning loss to underdog Andy Ruiz at Madison Square Garden on Saturday, Anthony Joshua’s bid to make a splash in his US debut ended in misery for the three belt heavyweight world champion. Ruiz recorded a monster upset, knocking down Britain’s Joshua four times to take the World Boxing Association, International Boxing Federation and World Boxing Organization titles. Ruiz came into the fight as a massive 20-1 underdog. But he won it in the middle of the seventh round when the referee stopped it at 1:26 of the…
Read MoreNeymar accused of raping woman in Paris
Neymar, Brazilian star striker, has been accused of raping a woman at a hotel in Paris, media reports said Saturday, charges that the player’s father slammed as attempted blackmail. According to a complaint filed with Sao Paolo police, the Paris Saint-Germain star is accused of “using violence to have sex with the victim without her consent.” Sao Paulo’s security secretariat would not provide a copy of the complaint, confirming only that one had been filed but saying its contents were classified. The unidentified woman, who lives in Brazil, allegedly met…
Read MoreAustin Okocha in Scotland court over money laundering allegations
Austin Okocha, former Super Eagles captain has appeared in court in Aberdeen facing money laundering charges, Aberdeen Evening Express reports. Okocha, who is better known as Jay-Jay, appeared in private at Aberdeen Sheriff Court on Friday. The 45-year-old, who describes himself on his social media profile as “The Football Magician”, made 124 appearances in the Premier League, scoring 14 goals for Bolton Wanderers between 2002 and 2006. The former Paris Saint-Germain and Fenerbahce star, who represented Nigeria at the 1994, 1998 and 2002, World Cups, faced two charges in the…
Read MoreMan who once served jail term for ritual killing rearrested for kidnapping
The Osun State police command has arrested one Sina Adeoye, suspected to be the leader of a kidnapp and ritualists ring. The people of Oba-Ile, a sleepy and agrarian community in Olorunda Local Government Area of Osun, heaved a sigh of relief following Shina’s arrest by detectives from the police Criminal Investigations Bureau in the state. Adeoye, popularly called ‘Okanlomo’, is suspected to be the leader of a six-man gang of ritualists/human parts’ dealers that had been terrorising the residents of the state. He was some years back arrested…
Read MoreJONLiZmarket.com officially launches Nigeria’s first Online market
Setting the pace as Nigeria’s first indigenous online market, JONLiZmarket.com recently launched an advert and shopping platform on the internet. Designed for millions of online shoppers who prefer to shop for their choice products such as electronic gadgets, kitchen wares, fashion items and clothings, household appliances, groceries etc, all from the comfort of their homes. Aside shopping, JONLiZmarket.com also has spaces for vendors who may want to advertise their wares on its platform without commission. In his words, the CEO of the company, Prince Olaniyi Karounwi said, “this is where…
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