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Fleeing Businessman Nabbed At Airport, Arraigned For Allegedly Defrauding GTBank N125m

The Lagos Zonal Office of the Economic and Financial Crimes Commission, EFCC, on Friday, arraigned one Mr Andrew Warri before Justice Sherifah Solebo of the Special Offences Court sitting in Ikeja, Lagos. Warri, who was arrested at the Lagos Airport, was arraigned on a seven count charge bordering on stealing, obtaining by false pretence, issuance…

FG Reveals Plan To Concession Lagos, Abuja Airports, Others By August

The Federal Government, on Thursday disclosed that the Murtala Muhammed Airport (MMA), Lagos, the Nnamdi Azikiwe International Airport, Abuja; Malam Aminu Kano Airport, Kano and Port Harcourt International Airport, Rivers state, will be concessioned by August. The Minister of Aviation, Hadi Sirika, while speaking at an Airport Business Summit and Expo which held in Lagos, revealed that…

PHOTOS As Dangote Receives Highest Civilian Honour In Cameroon

President/Chief Executive of Dangote Industries Limited, Aliko Dangote, has received the highest civilian honour in Cam­eroon – the Commander of the National Order of Valour – from the President of the Republic, Paul Biya. According to President Paul Biya, the landmark honour was conferred on Dangote in recogni­tion of his efforts ininfrastructur­al development of Cameroon…

Tobacco: Groups Seek Inter-Agency Collaboration To Enforce Health Warnings On Packs

As the Federal Government begins the enforcement of the health warning requirements of the National Tobacco Control (NTC) Act 2015 and the Tobacco Control Regulations 2019 on all tobacco products manufactured and distributed in Nigeria from today, the Nigeria Tobacco Control Alliance (NTCA) and the Corporate Accountability and Public Participation Africa (CAPPA) have urged the…

N895.8bn Supplementary Budget: Buhari Writes Senate For Approval

The Senate on Tuesday received President Muhammadu Buhari’s request for the approval of the 2021 Supplementary Appropriation Bill of N895.8 billion. President of the Senate, Ahmad Lawan, read Buhari’s letter at the commencement of Tuesday’s plenary following its resumption from a two-week break. The letter reads: "Dear Distinguished Senate President, submission of the Supplementary Appropriation…

Emirates Suspends Nigeria Passenger Flights Until Further Notice

Passengers gearing up to board Emirates flight were on Monday disappointed as the Dubai's flagship carrier postponed indefinitely the resumption of flights between the UAE and Nigeria. In announcement by the UAE embassy on 19 June, the airline had slated resumption of flights for 23 June, under new COVID-19 rules. But in a notice sent…

NEITI Reveals: FG Earned $34.22bn From Oil, Gas Sector In 2019

The federal government earned a total sum of $34.22bn (N14 trillion) from the oil and gas sector in 2019, a financial report by the Nigeria Extractive Industries Transparency Initiative (NEITI), has revealed. According to the report, the revenue generated from the oil and gas sector in 2019 accounted for 4.88% increase compared to the $32.63…

Australia Takes Wine Dispute With China To Okonjo-Iweala’s WTO

The Australian government on Saturday, has announced its decision to lodge a formal complaint with the World Trade Organization (WTO), headed by Ngozi Okonjo-Iweala, over China's imposition of crippling tariffs on Australian wine exports. This was announced in a joint press release by the Minister for Trade, Tourism and Investment, Dan Tehan, and the Minister…

N25.7bn Fraud: How Atuche, Anyanwu Looted Bank PHB To Bankruptcy — Justice Okunnu

In a marathon judgment, Justice Lateefat Okunnu of the Ikeja High Court sentenced Francis Atuche, a former Managing Director of the defunct Bank PHB (now Keystone Bank), to six years’ imprisonment for defrauding the bank of N25.7 billion. The judgment on Wednesday drew the curtains on the 10 year trial. In the 12-hour judgment, Justice…

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Fleeing Businessman Nabbed At Airport, Arraigned For Allegedly Defrauding GTBank N125m

The Lagos Zonal Office of the Economic and Financial Crimes Commission, EFCC, on Friday, arraigned one Mr Andrew Warri before Justice Sherifah Solebo of the Special Offences Court sitting in Ikeja, Lagos. Warri, who was arrested at the Lagos Airport, was arraigned on a seven count charge bordering on stealing, obtaining by false pretence, issuance…

FG Reveals Plan To Concession Lagos, Abuja Airports, Others By August

The Federal Government, on Thursday disclosed that the Murtala Muhammed Airport (MMA), Lagos, the Nnamdi Azikiwe International Airport, Abuja; Malam Aminu Kano Airport, Kano and Port Harcourt International Airport, Rivers state, will be concessioned by August. The Minister of Aviation, Hadi Sirika, while speaking at an Airport Business Summit and Expo which held in Lagos, revealed that…

PHOTOS As Dangote Receives Highest Civilian Honour In Cameroon

President/Chief Executive of Dangote Industries Limited, Aliko Dangote, has received the highest civilian honour in Cam­eroon – the Commander of the National Order of Valour – from the President of the Republic, Paul Biya. According to President Paul Biya, the landmark honour was conferred on Dangote in recogni­tion of his efforts ininfrastructur­al development of Cameroon…

Tobacco: Groups Seek Inter-Agency Collaboration To Enforce Health Warnings On Packs

As the Federal Government begins the enforcement of the health warning requirements of the National Tobacco Control (NTC) Act 2015 and the Tobacco Control Regulations 2019 on all tobacco products manufactured and distributed in Nigeria from today, the Nigeria Tobacco Control Alliance (NTCA) and the Corporate Accountability and Public Participation Africa (CAPPA) have urged the…

N895.8bn Supplementary Budget: Buhari Writes Senate For Approval

The Senate on Tuesday received President Muhammadu Buhari’s request for the approval of the 2021 Supplementary Appropriation Bill of N895.8 billion. President of the Senate, Ahmad Lawan, read Buhari’s letter at the commencement of Tuesday’s plenary following its resumption from a two-week break. The letter reads: "Dear Distinguished Senate President, submission of the Supplementary Appropriation…

Emirates Suspends Nigeria Passenger Flights Until Further Notice

Passengers gearing up to board Emirates flight were on Monday disappointed as the Dubai's flagship carrier postponed indefinitely the resumption of flights between the UAE and Nigeria. In announcement by the UAE embassy on 19 June, the airline had slated resumption of flights for 23 June, under new COVID-19 rules. But in a notice sent…

NEITI Reveals: FG Earned $34.22bn From Oil, Gas Sector In 2019

The federal government earned a total sum of $34.22bn (N14 trillion) from the oil and gas sector in 2019, a financial report by the Nigeria Extractive Industries Transparency Initiative (NEITI), has revealed. According to the report, the revenue generated from the oil and gas sector in 2019 accounted for 4.88% increase compared to the $32.63…

Australia Takes Wine Dispute With China To Okonjo-Iweala’s WTO

The Australian government on Saturday, has announced its decision to lodge a formal complaint with the World Trade Organization (WTO), headed by Ngozi Okonjo-Iweala, over China's imposition of crippling tariffs on Australian wine exports. This was announced in a joint press release by the Minister for Trade, Tourism and Investment, Dan Tehan, and the Minister…

N25.7bn Fraud: How Atuche, Anyanwu Looted Bank PHB To Bankruptcy — Justice Okunnu

In a marathon judgment, Justice Lateefat Okunnu of the Ikeja High Court sentenced Francis Atuche, a former Managing Director of the defunct Bank PHB (now Keystone Bank), to six years’ imprisonment for defrauding the bank of N25.7 billion. The judgment on Wednesday drew the curtains on the 10 year trial. In the 12-hour judgment, Justice…

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