EFCC Nabs Formal LG Chairman in Ondo State

Hamilton Nwosa
Writer

Ad

Cuts to US oil jobs and spending threaten output growth

The U.S. oil industry has laid off thousands of workers and cut billions in spending due to lower oil prices and the biggest consolidation in a generation, in what could mark the end of the rapid output growth that made the U.S. the world's top producer. The Organization of the Petroleum Exporting Countries and its…

‘Godfather of AI’ says the technology will create massive unemployment and send profits soaring — ‘that is the capitalist system’

Pioneering computer scientist Geoffrey Hinton, whose work has earned him a Nobel Prize and the moniker “godfather of AI,” said artificial intelligence will spark a surge in unemployment and profits. In a wide-ranging interview with the Financial Times, the former Google scientist cleared the air about why he left the tech giant, raised alarms on potential threats from AI,…

News Corp Announces Resolution of Murdoch Family Trust Matter

News Corporation ("News Corp" or the "Company") (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) today announced that the trustee and beneficiaries of the Murdoch Family Trust ("MFT") informed the Company that they have reached a mutual resolution of the legal proceedings in Nevada related to the MFT, resulting in the termination of all litigation. New trusts…

Ad

The Ibadan Zonal Office of the EFCC has quizzed the former Chairman of Ifedore Local Government of Ondo State, Hon. Akinsola Adu and three of his Principal Officers for allegedly misappropriating the sum of N60M (Sixty Million Naira).

The amount was released to the Local Government by the Ondo State Government from the Subsidy Re-investment and Empowerment Programme (SURE-P).

The suspected Principal Officers include: Taiwo Aladesuyi, Adefisoye Tua Agboola and Dare Alao. It was alleged that virtually the entire sum was transferred to a personal account. The suspects will be arraigned in court once investigation is concluded

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp