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Delta Now Investors’ Choice, Says Uduaghan

Delta state Governor, Dr. Emmanuel Uduaghan has said his administration's efforts towards creating the enabling environment for investment has started paying off and investors have started seeing the state as an investment haven. Governor Uduaghan while commissioning the NEPAL Tank Farm and Private Jetty at Oghara at the weekend, said: "Delta state is now recognised as destination for investors and it shows ...

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The Next Titan – Nigeria’s First Business Reality TV Show

For the first time, Nigerian television is centred on young business people and how they go through the challenges of entrepreneurship and business. The top 16 contestants come from across the country and their businesses are as diverse as they are. However, they have one thing in common, they are all out to win the top prize of 5 million Naira, a brand new car and lasting business support from some of Nige ...

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Investors’ Confidence In Nigeria Surging, Says Minister

By Ewache Ajefu Investors’ interest and confidence in the Nigerian economy is surging, Minister of State for Finance, Dr. Yerima Lawan Ngama has  said. Citing 14 million hits and download of data from the website of the National Bureau  of Statistics,(NBS) as a pointer, the minister observed too, that the percentage of non-filers in Nigeria of Companies income tax regime declined from 54 per cent to 46 per ...

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Police Pension Scam: Court to Rule on John Yusufu’s Application to Quash Charge June 20

Justice Adamu Bello of the Federal High Court Abuja will on June 20, 2013 rule on the application  by John Yakubu Yusufu, a former director of the Police Pension Office, seeking to quash the 4-count charge preferred against him by the Economic and Financial Crimes Commission, EFCC. Yusufu is being prosecuted by the EFCC for allegedly concealing his interest in SY-A Global Company Limitedd and non declaratio ...

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N25 Bn Fraud: Goje’s Alleged Accomplice Denies Own Statement

The Economic and Financial Crimes Commission, EFCC has urged Justice B.O. Quadri of the Federal High Court, Gombe, to discountenance the opposition of Sambo Muhammad Tumu to the admissibility of his statement which he claimed was obtained involuntarily. Tumu, a food supplier to Gombe State Government House alongside the erstwhile governor of Gombe State, Muhammad Danjuma Goje and four others are facing a N2 ...

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Kogi Gets Rapid Response Fund Against Natural Disaster

As part of proactive measures put in place by Kogi State Government aimed at mitigating the effect of predicted flooding in the State this year,the State Government has set up a sinking fund to serve as a rapid response fund in case of re-occurrence of the floods and any other natural disaster. This was part of decisions reached by the Flood Relief Management Committee, Chaired by the State Deputy Governor, ...

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EFCC Arraigns Former FCDA Director for N28m Fraud

The Economic and Financial Crimes Commission, EFCC, on May 15, 2013 arraigned one Aminu Ibrahim Gaya before Justice Olasubo Olarenwaju Goodluck of the FCT High Court, Abuja on a four count charge bordering on forgery, conspiracy, and obtaining money under false pretence. The accused, a retired Assistant Director with the Federal Capital Development Authority, FCDA, who also owns GYANO International Limited ...

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N.8m Scam: Man Arrested For Defrauding Blind Teacher

The EFCC has arrested a 33-year-old man, Gift Onyegam, for defrauding a blind teacher, Mrs. Mary Rose Ihekanacho of N830, 000. The victim was deceived through calls purportedly by a former acquaintance, Patrick Abah, a fellow she met during her National Youth Service orientation in 2009, into making the payments to enable her secure employment for her son with Shell Petroleum Company in Port Harcourt. The s ...

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Plot to Remove Fuel Subsidy : NLC Condemns IMF Pressure on FG

Nigeria Labour Congress,NLC  has condemned the continuing pressure being mounted on the federal government to remove subsidies  on petroleum products.A statement by Comrade Kiri Mohammed ,deputy president & chairman, economic commission, NLC  said “the pressure of the IMF on the Federal Government to withdraw subsidies on petroleum products is rather unfortunate.  For an organization whose history is re ...

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EFCC Docks Microfinance Bank’s Legal Adviser

The Economic and Financial Crimes Commission today, May 10, 2013, arraigned the Company Secretary of E- Barclays Micro Finance Bank Limited, Abuja Oby Onwukeme before Justice Adeniyi Ademola Adetokunbo of the Federal High Court, Abuja on a one count charge of obstructing justice. Onwukeme was alleged to have wilfully declined to furnish the Commission with account information of one of her customers, Chief ...

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