As the fairy tale romance brews and chars within the hearts of dreamy lovers
so did the fabled good times bloom and fade from the lives of many a Nigerian
billionaires. Ask Nestoil boss, Ernest Azudialu.
Luxury and the frills of
acclaim takes a dip in the life of the
Sunday, October 30, 2016
Saturday, October 29, 2016
Ex Minister, Musiliu Obanikoro Finally Pays Initial N100m Of Pledged Payback Of N785m Arms Deal Fund To Secure Release From EFCC Custody
A former Minister of Defence, Senator Musiliu
Obanikoro, yesterday paid N100.4million out of about N785million
allegedly collected from the Office of National Security Adviser (ONSA) by
Sylvan McNamara Limited, a company which was allegedly linked to him.
The Tony Elumelu Foundation Convenes Africa’s Largest Gathering Of Entrepreneurs
The Tony Elumelu
Foundation (TEF) opened the 2nd TEF Entrepreneurship Forum –
the largest gathering of African entrepreneurs and the highlight of the annual
TEF Entrepreneurship Programme.
Reuben Abati Remains In EFCC Detention Over Inability To Meet Bail Conditions As Ex Minister Bala Mohammed Has No Hope Of Leaving Any Time Soon
Five days after he was arrested, a former
presidential spokesman, Reuben Abati, is still in custody because he is unable
to satisfy his bail conditions,
After 2yrs Delay, Sifax Boss Taiwo Afolabi Finally Kick Starts Work On 15floors Marriot Hotel Project In Lagos
It takes time to cook a tasty broth and even greater passion, skill and time
to erect an architectural masterpiece. This perhaps explains SIFAX boss, Taiwo
Afolabi’s long delay in executing his hospitality franchise, the Marriott
Hotel, in Ikeja, Lagos.
Two years after the Marriot Hotel worldwide gave a franchise to the SIFAX boss to venture into the hospitality sector, Taiwo Afolabi has finally
Two years after the Marriot Hotel worldwide gave a franchise to the SIFAX boss to venture into the hospitality sector, Taiwo Afolabi has finally
Friday, October 28, 2016
GTBank Compliance Officer Tells How Ex Presidential Aide, Waripamo Owei Dudafa Laundered N270.7million Via Account With Financial Institution In N5.1billion Fraud Case
A Compliance Officer with GTBank, Kayode
Olanrewaju, on Thursday told a Federal High Court, Lagos how Waripamo-owei
Dudafa allegedly laundered N270.7 million.
Mr. Dudafa, former Special Assistant to ex-President
Goodluck Jonathan, alongside Joseph Iwuejo and four companies are being
prosecuted by the Economic and Financial Crimes Commission, EFCC.
They are standing trial on a 23-count charge
bordering on N5.1 billion fraud.
Trouble In Ondo Over INEC’s Choice Of Jimoh Ibrahim As PDP Guber Candidate Instead Of Eyitayo Jegede
Supporters of Eyitayo Jegede, candidate of the Ahmed Makarfi
faction of the Peoples Democratic Party (PDP), are currently on the streets of
Ondo, protesting the decision of the Independent National Electoral Commission
(INEC) to choose his rival.
‘’What I Am After Is The Success Of My Husband’’ President Muhammadu Buahri’s Wife, Aisha
Aisha Buhari, wife of President Muhammadu Buhari, says her husband
cannot succeed without the help of governors and party members.
Aisha, whose recent comments on her husband’s political
appointments generated uproar, said her primary objective is the success of his
government.
Thursday, October 27, 2016
Philanthropists, Tony O. Elumelu, Bill Gates Talks The Role Of Global Philanthropy On Business, Politics And Culture In Paris
Philanthropists, Tony O. Elumelu, Bill Gates discuss the
role of global philanthropy on business, politics and culture at Le Club de
l'Economie hosted by Le Monde in Paris
Fidelity Bank Staffer, Oluchi Tochukwu In Police Net For Allegedly Sending Assassins That Butchered, Poured Acid On Estranged Hubby Onyebuchi & Made Away With His Range Rover Jeep
The long arm of law has
caught up with a 32-year old female banker, Oluchi Tochukwu has been arrested
by the Ogun State police Command for allegedly plotting to assassinate her
estranged husband identified as Onyebuchi Tochukwu.
Police also apprehended two suspects, Chigozie Smart 32 and Kingsley Ikechukwu 36 alongside Oluchi at Ijebu-Ode, Benin expressway during “stop and search operation” .
The Commissioner of Police, Ahmed Illiyasu while parading the suspects at the Command’s Headquarters, Eleweran, Abeokuta told journalists that Oluchi planned the failed assassination with other suspects and kept the weapons such as acid, cutlass and iron rods at her husband’s compound in Agungi area of Ajah in Lagos State where the incident occurred last week Wednesday
Police also apprehended two suspects, Chigozie Smart 32 and Kingsley Ikechukwu 36 alongside Oluchi at Ijebu-Ode, Benin expressway during “stop and search operation” .
The Commissioner of Police, Ahmed Illiyasu while parading the suspects at the Command’s Headquarters, Eleweran, Abeokuta told journalists that Oluchi planned the failed assassination with other suspects and kept the weapons such as acid, cutlass and iron rods at her husband’s compound in Agungi area of Ajah in Lagos State where the incident occurred last week Wednesday
Tuesday, October 25, 2016
Another Major Scandal Breaks Out At Bank Of Industry As Assets Declared Missing Discovered Sold, Sale Of Shares Worth N39.953billion Covered Up
Another major scandal has broken in the Bank of Industry (BoI), as assets
allegedly declared missing by the bank have been sold.
Also sold were 127 million shares of the bank in Friesland Campina WAMCO Nigeria which were yielding good returns according to some staff of the bank.
Also sold were 127 million shares of the bank in Friesland Campina WAMCO Nigeria which were yielding good returns according to some staff of the bank.
‘’ You Cannot Say The National Security Adviser Stole $2.2billion. It Is Not Just Possible,” Former President Goodluck Jonathan Defends Massive Allegations Of Corruption Against Undergoing Prosecution Sambo Dasuki
Immediate past president, Goodluck Jonathan, on
Monday said it was impossible for the National Security Adviser (NSA) during
his administration, Sambo Dasuki, to have stolen $2.2 billion as claimed by the
Economic and Financial Crime Commission (EFCC).
How UBA Swept All Major Wins At Finacle Client Innovation Awards 2016
United Bank for Africa has continued
to receive accolades and global recognition for its commitment
to the use of cutting-edge technology to provide simple and convenient banking
solutions and services to its customers. The pan African banking Group was
adjudged winner in two categories at the recently concluded Finacle Client
Innovation Awards 2016, organised in India by Infosys Limited; the
corporation that provides business consulting, information technology and
outsourcing services to financial institutions across 19 countries.
Why Senate President Bukola Saraki’s In Law Yomi Ogunsola Is Feared By Many In And Out Of Politics Kwara State
In Kwara, very few men are sacred to the state. Very few men are sanctified
by the political upper-class like Yomi Ogunsola. The latter dazzles like
emerald atop a crypt of gold. His visions and exertions are laced with sparkles
thus emitting a blaze that captivates like colourful neon lights.
In Kwara State, Yomi is definitely the man to beat. Married to Ronke, Senate President, Bukola Saraki’s half-sister, he is so powerful and influential in the affairs of the state that too many rich, powerful people kowtow to him.
In Kwara State, Yomi is definitely the man to beat. Married to Ronke, Senate President, Bukola Saraki’s half-sister, he is so powerful and influential in the affairs of the state that too many rich, powerful people kowtow to him.
Saturday, October 22, 2016
Ex Minister Musiliu Obanikoro To Turn Govt Witness Against Gov Ayo Fayose & Senator Iyiola Omisore In $2.1billion Arms Deal Case
The Federal Government may have concluded plans to make use of a former
Minister of State for Defence, Senator Mussiliu Obanikoro, as prosecution
witness against the Ekiti State Governor, Ayodele Fayose, and a former deputy
governor of Osun State, Senator Iyiola Omisore, in the ongoing probe of
$2.1billion arms deal involving a former National Security Adviser (NSA) to
former President Goodluck Jonathan.
Friday, October 21, 2016
World’s Largest Oil Company, ExxonMobil Quits Nigeria’s Downstream Oil Sector!
ExxonMobil, the world’s largest oil company by market value, has
quit Nigeria’s downstream oil sector, divesting its 60 percent stake in Mobil
Oil Nigeria (MON).
Thursday, October 20, 2016
UBA & MEC, Inc., Launch Revolutionary Omni-Channel Payment System, EmailMoni
MEC, Inc. announced
today it has entered into agreements with pan-African financial services group, United Bank for Africa (“UBA”)
Plc to
provide a revolutionary email-based billing, payment and banking software
system called “EmailMoni.”
EmailMoni represents the world’s latest fin-tech for cloud banking
and social payments, and is expected to transform the payments,
invoicing/billing and remittances landscape in Africa. The service
provides a convenient and highly accessible application with multiple ways to
transact that are instant, secure, and low cost.
Customs Sacks 29 Senior Officers For Various Acts Of Gross Misconduct, Compromising National Security And Economy.
Twenty-nine (29) Senior officers of the Nigeria
Customs Service have been dismissed for various acts of gross misconduct, the
service announced Thursday.
‘’My Time To Depart Just Happened To Be Now..I Remain Loyal ’’ Folly Coker Explains As Alleged Details Behind Gov Ambode’s Cabinet Reshuffle That Resulted In Disengagement Of 3 Commissioners & More To Go Hit Town
Governor Akinwunmi Ambode of Lagos State on Wednesday disengaged three
commissioners from the state cabinet.
The Commissioner for Tourism, Mr. Folorunsho Folarin-Coker; his counterparts in Finance, Dr Mustapha Akinkunmi; and Transportation, Dr Ekundayo Mobereola, were removed a year after they were appointed into office.
The Commissioner for Tourism, Mr. Folorunsho Folarin-Coker; his counterparts in Finance, Dr Mustapha Akinkunmi; and Transportation, Dr Ekundayo Mobereola, were removed a year after they were appointed into office.
Tight Security As Crown Prince Eheneden Erediauwa Officially Becomes Oba Of Benin
Security has been beefed up in Edo State, ahead of
Thursday (today’s) coronation of the crown prince, His Royal Highness, Eheneden
Erediauwa, as the new oba of Benin Kingdom.
Prince Eheneden will leave Usama Palace, where he
has been since October 9 for Benin, the state capital.
Tuesday, October 18, 2016
Judge Accused Of Corruption By SSS Adeniyi Ademola Pulls Out Of Ex Sambo Dasuki’s Case Over Grave Allegations
Adeniyi Ademola, a judge of the Federal High Court
in Abuja, and one of those arrested by operatives of the State Security
Service, on Tuesday withdrew from presiding over the trial of former National
Security Adviser, Sambo Dasuki.
‘’ Highly Suspicious’’ BrickBackOurGirls Group Slams President Muhammadu Buhari’s Daughter Hadiza’s Endowment Fund Initiative For Chibok Girls
The #BringBackOurGirls group has
distanced itself from the signing of a Memorandum of Understanding (MoU)
and Fund Raising Project of Hadiza Buhari-Bello, daughter of President
Muhammadu Buhari, who doubles as the President of Africa Support and
Empowerment Initiative (AFRISEI), in conjunction with the Peace Corps of
Nigeria (PCN) in Abuja.
Gov Ayo Fayose Shuts Down Access Bank For Stopping Femi Fani Kayode’s Wife, Sonia From Withdrawing Fund From Account Linked To Money Laundering
Governor Ayo Fayose of Ekiti State today forces
Access Bank to shut down its operations in the state. Mr. Fayose's
extraordinary action came after bank officials prevented the girlfriend of
former Aviation Minister, Femi Fani-Kayode, from drawing funds from the flagged
account.
Monday, October 17, 2016
Femi Otedola No More An African Billionaire!
Femi Otedola, Nigerian businessman, is no longer a billionaire
following a huge decline in the stock price of Forte Oil, according to
Forbes.
According to Forbes, Otedola’s
net worth, previously $1.8 billion, has plunged to $550 million.
Inside The Mind Of Folly Coker, The Man Boosting Lagos Image With Tourism Initiatives
His appointment as Commissioner for Tourism, Arts and Culture at the
inception of the Akinwumi Ambode administration in Lagos State, drew so much
frenzy, joy which propelled a high expectation from ‘the round peg in a round
whole’ who has the will, the network and the charisma to breathe life into the
moribund ministry.
Embattled Former Minister, Musiliu Obanikoro Arrives Home, To Submit Self To EFCC
A former Minister of State for Defence, Musiliu Obanikoro, has
arrived Nigeria in an apparent move to submit himself to the Economic and
Financial Crimes Commission, EFCC
Saturday, October 15, 2016
President Muhammadu Buhari, Wife Aisha At War Over Couple’s Public Outbursts
Unease yesterday enveloped the nation’s first family when President
Muhammadu Buhari reacted to his wife, Aisha, recent interview with the British
Broadcasting Corporation (BBC) Hausa Service programme.
In responding to his wife’s outburst that that his government had been hijacked by “some cabal” who were not with them from the very start, President Buhari said: “She belongs to my kitchen, my living room and the other room.”
In responding to his wife’s outburst that that his government had been hijacked by “some cabal” who were not with them from the very start, President Buhari said: “She belongs to my kitchen, my living room and the other room.”
Thursday, October 13, 2016
Return The Money! President Muhammadu Buhari Orders Anti Graft Agency, EFCC To Give Back Confiscated N10billion To NBC
Director
General of Nigeria Broadcasting Commission (NBC), Is’haq Modibbo-Kawu, said the
Economic and Financial Crimes Commission, EFCC, has been directed to return the
N10 billion seized from it.
Wednesday, October 12, 2016
Delta Gov Ifanyi Okowa Recounts How He Sustained Head Injuries In Domestic Accident
Delta state Governor, Mr. Ifeanyi Okowa has confirmed
that he sustained injuries on his head in a domestic accident at the
government house.
Tuesday, October 11, 2016
UBA Inks €60m European Investment Bank deal ‘for Nigeria’s growth’
The European Investment Bank and United Bank for
Africa (UBA) have agreed to a new €60 million lending programme
to support private sector-driven growth across Nigeria.
Monday, October 10, 2016
Recession Takes Back Seat For Ladi Balogun As FCMB Boss Stages 40th Birthday Bash London Will Not Forget In A Hurry For Wife, Banke
London will not forget in a hurry, the day Ladi Balogun feted friends and
family in his wife’s honour. England’s metropolitan capital became the masque
of high festivity and the pleasant place for rare merriment as Ladi celebrated
his wife, Banke’s 40th anniversary in a classy shindig.
Bank Directors Indicted In DSS Sting Operation That Earned Judges Detention
A Judge begged Department of State Service (DSSS) boss Mr. Lawan Daura when
confronted with evidence that he got more than N500million bribe, The
Nation learnt yesterday.
Delta Gov, Ifeanyi Okowa Slumps, Whisked Away For Urgent Medical Attention
Delta State Governor, Ifeanyi Okowa, reportedly
slumped over last Wednesday at the government house in Asaba.
Sunday, October 9, 2016
2 Army Officers Mastermind Of Central Bank Gov, Godwin Emefile’s Wife Margaret’s Abduction Arrested With Over 15million Ransom Money On One Of Them.
A joint-operation by the State Security Service and
the police has led to the arrest of two Army officers allegedly responsible for
the abduction of Margaret Emefiele, wife of the Governor of Central Bank of
Nigeria, Godwin, PREMIUM TIMES can report.
All The Money Seized From Raid Of Judges Homes – DSS
The Department of State Services says it recovered over N270m from the
houses of the judges it raided late on Friday and in the early hours of
Saturday.
Ex Gov James Ibori To Become A Free Man In December After Serving Half Sentence In U.K Prison
Former governor of Delta State, James Onanefe Ibori, is due to become
a free man in December, after spending half of his jail term in United Kingdom
prisons, according to a report from London.
Saturday, October 8, 2016
‘’Call Those Who Authored The Statement To Respond’’, Gov Akinwunmi Ambode’s Spokesperson Habib Haruna Tells Journalist Probing Why Lagos Govt Appoints US Fugitive Hakeem Dickson, Head Of Safety Commission
A dark pall of sleaze and disgrace hangs eerily above Governor Akinwumi
Ambode’s fluorishing government. If great care is not taken by the incumbent
Lagos governor, he would carelessly undo his Spartan achievements and bring to
disrepute his so-called ‘no-nonsense’ government.
Findings revealed that the Lagos governor recently appointed a fugitive to head the Lagos State Safety Commission. The appointee, Hakeem Dickson, is allegedly a fugitive in the United States (U.S.) where he was reportedly convicted for credit card fraud in 1992.
Findings revealed that the Lagos governor recently appointed a fugitive to head the Lagos State Safety Commission. The appointee, Hakeem Dickson, is allegedly a fugitive in the United States (U.S.) where he was reportedly convicted for credit card fraud in 1992.
Inside Details Of John, Ivie Edebor’s Troubled Marriage As Mystery Man At Centre Of Marital Discord, Mathew Agbaire Is Unveiled!
Emerging details have it another married man identified as
Matthew Agbaire is at the centre of raging marital mess engulfing the Edobor’s
( Ivie and John).
The now identified third party is unmasked as a father of two and an engineer at Centrix, Design and Building Contractors.
The now identified third party is unmasked as a father of two and an engineer at Centrix, Design and Building Contractors.
Friday, October 7, 2016
Workers Halt Activities At Babatunde Fashola’s Ministry, Claim Minister Behind Arrest Of Union Leaders
Two union leaders in the Federal Ministry of
Power, Works and Housing were arrested and detained on Thursday by the police
following a protest by workers that grounded activities at the Mabushi head
office of the ministry in Abuja.
Thursday, October 6, 2016
Senator Dino Melaye’s Celebrated Latest Wonder On Wheels, N180m Rolls Royce Labelled ‘’Fake’’ By Car Experts!
A SaharaReporters investigation into the latest ‘luxury’ car
purchased by embattled Senator Dino Melaye has found that he is masquerading a
cheap MG-TD replica car as an expensive Rolls Royce car purportedly worth N180
million.
Ekiti Assembly Member, Gboyega Aribisogan Suspended From House For Disloyalty To Governor Ayodele Fayose
The Ekiti State House of Assembly on Thursday
suspended one of its members, Gboyega Aribisogan, for 180 legislative days, for
allegedly being disloyal to Governor Ayo Fayose, and for associating with
“opposition elements”.
The Tony Elumelu Foundation, Ministry Of Info & Culture Partner To Drive Innovation, Growth And Productivity Of Nigeria’s Creative Industries
At the historic
National Theatre in Iganmu, Surulere, The Tony Elumelu Foundation (TEF) on
Wednesday signed an MOU with the Federal Ministry of Information and Culture
for the development of Nigeria’s creative industries. The Honourable Minister
Alhaji Lai Mohammed and Tony O. Elumelu, CON signed for their respective
organizations.
Wednesday, October 5, 2016
Oil Baron, Femi Otedola’s Daughter D.J Cuppy Hastily Deletes ‘’Kissing Picture’’ After She Unknowingly Revealed Affair With Victor Anichebe
Billionaire offspring and Nigerian house DJ, DJ Cuppy has
finally exposed her relationship with Sunderland and Nigeria
international striker Victor Anichebe.
Tuesday, October 4, 2016
Inside Details Of Newly Discovered $40m Bank Accounts Owned By Ex First Lady Dame Patience Jonathan Using Fake Names
Oficials of Skye
Bank Plc have informed the Economic and Financial Crimes Commission (EFCC) of
newly discovered accounts owned by Mrs. Patience Jonathan, wife of former
President Goodluck Jonathan. The accounts are said to have an aggregate
balance of $40million.
Immediate Past Minister, Husband Abducted Along Kaduna/ Abuja Highway
The Police Command in Kaduna State on Tuesday,
confirmed the kidnap of the immediate past Minister of Environment, Mrs
Laurentia Mallam and her husband, Mr Pius.
Trouble For Former Gov Peter Odili As Govt Moves To Reopen N100billion Fraud Case Against Him
The Chairman, Presidential Advisory Committee
Against Corruption, Prof. Itse Sagay (SAN), has faulted Justice Ibrahim Buba of
the Federal High Court for granting a perpetual injunction to a former Governor
of Rivers State, Chief Peter Odili, which has scuttled the ex-governor’s
prosecution.
Monday, October 3, 2016
Billionaires Mike Adenuga, Obafoluke Otudeko, Sunny Kuku Others Battle To Corner Popular Chieftaincy Title ‘’Ogbeni Oja Of Ijebuland’’ Leader Of Commerce
For the towering magnate, the path to honour doesn’t lay out in flat miles,
it’s riddled with trials of fortune and intrigues of commerce. Eventually, it’s
the imagination with which he perceives industry and the gestures by which he
honours it that stands him out from his peer.
Armed with this ageless wisdom, notable sons of Ijebu land sought their niche in the world of commerce. And having attained acclaim and global deference in the cutthroat world of industry, they silently seek good graces of their kingdom’s paramount ruler,
Armed with this ageless wisdom, notable sons of Ijebu land sought their niche in the world of commerce. And having attained acclaim and global deference in the cutthroat world of industry, they silently seek good graces of their kingdom’s paramount ruler,
Saturday, October 1, 2016
How Ontario Oil Boss, Walter Wagbatsoma Was Arrested In Germany While Passport Remained In Possession Of Court In Nigeria
Justice Lateefat Okunnu of the Lagos State High court, sitting in Ikeja, on
Friday adjourned proceedings in the case of conspiracy, obtaining property by
false pretence, forgery and uttering false documents brought against Walter
Wagbatsoma, Adaoha Ugo-Ngadi, Fakuade Babafemi Ebenezer and their company,
Ontario Oil and Gas Nigeria Limited, by the Economic and Financial Crimes
Commission.
Ex International Taribo West Battles Death Rumour
Former Nigeria defender Taribo West has dispelled
news on the social media and websites claiming he died in a South African
hospital on Thursday.
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