Retired boxing legend, Floyd Mayweather Jr., uses his $650m net worth to mock UFC star, Conor McGregor, for demanding $25m to fight him Read More
Manchester United have returned to the top of the Deloitte Football Money League for the first time since 2005.
However, Brexit, which has seen the pound fall against the euro, may see them struggle to stay ahead of Real Madrid and Barcelona next year.
The Deloitte study, which has been ranking the Read More
This is ridiculous but If the banner isn't a joke, the Archbishop Apostolic Movement Outreach Global Healing Church in Kurudu, Abuja will charge you N100,000 if you want personal liberation.
Family liberation will cost you N100,000, community liberation will cost you N250,000. If you want quick marriage, you will pay N100,000. Read More
Officials of the Economic and Financial Crimes Commission (EFCC) on Wednesday invaded the Secretariat of the Ondo State Oil producing Area and Development Commission (OSOPADEC) Oba-Ile Akure north local government and arrested four of its senior staff.
The arrested staff included its chairman, Pastor Johnson Ogunyemi, Secretary, Dr. Dele Durojaye, Sola Read More
A 42-year-old man, Femi Dasaolu, was on Wednesday arraigned at an Abeokuta Magistrates’ Court in Ogun State for allegedly defrauding End Time Christ Ministry, Abeokuta, N3.2m.
Dasaolu, whose address is unknown, is facing a two-count charge of obtaining money under false pretext and fraud.
The prosecutor, Inspector Sunday Eigbejiale, told the court Read More
A circular signed by Central Bank of Nigeria, CBN, director, financial policy and regulation department, Kelvin Amugo, stated that the move was necessitated by money laundering and terrorism financing risks inherent in operations of virtual currencies.
“The emergence of Virtual Currencies (VCs) has attracted investments in payments infrastructure that provides Read More
Justice Binta Fatima Isah of the Kaduna State High Court sitting in Zaria, yesterday January 17, 2017, convicted and sentenced one Jehu Kwasu to 3 years in prison on a two-count charge of forgery and obtaining by false pretence.
The graduate of Political Science narrated how he impersonated the Catholic Read More
The Economic and Financial Crimes Commission (EFCC) has seized an aircraft allegedly acquired by former governor of Borno State, Ali Modu Sheriff.
The aircraft was impounded at the Maiduguri International Airport.
EFCC may also seize two other private jets at the Nnamdi Azikiwe International Airport in Abuja as part of the investigation Read More
The spate of suicide bombings in the North East and in particular, Maiduguri and Madagali metropolis is assuming a disturbing proportion.
Consequently, the Nigerian Army is offering a reward of the sum of N500,000 for any information that leads to the arrest of a suicide bomber, the guide to the suicide Read More
A former House of Representatives member, Nze Chidi Duru and a senior lawyer, Smart Iheazor, were tried before a Magistrate Court in the Tinubu area of Lagos Island over allegation of stealing.
The duo, residents of Abuja, are both senior lawyers of 28 and 30 years of experience in the Bar. Read More
There were indications yesterday that the kidnappers of 10 students and staff of the Nigerian Turkish International College, NTIC, Ogun State have reduced their earlier demand of N1.2 billion ransom for the release of the abducted persons, to N750 million.
Relatives of the Nigerian victims were requested to pay N50 million Read More
Prime Minister Theresa May won endorsement from US President-elect Donald Trump over her Brexit course but sterling plunged on Monday on fears that Britain could be on a collision course with its EU allies.
Trump said Britain leaving the EU would “end up as a great thing” and promised to work Read More
This happened in Zimbabwe. Several congregants at Goodness and Mercy Ministries had to part with US$10 (about N5000) each to buy what were termed anointed umbrellas. The umbrellas, the church leader Prophet Freddy said, had divine powers to protect owners from lightning strikes and storms during this rainy season.
The umbrellas Read More
The Popular Ponzi scheme that went offline early december last year is back online 24 hours before the announced opening date. This was posted on their site
''We are open!!!
The holidays are over, and we''re now open. Just as promised. (You might have already noticed that we always stick to Read More
The Federal Government of Nigeria, yesterday, stated that the United States was reluctant to release over $ 550 million to Nigeria, being proceeds from identified Gen Sani Abacha loot in the country.
Special Adviser to the President on Diaspora and Foreign Affairs, Mrs Abike Dabiri-Erewa, made the disclosure when she addressed Read More
Some shocking revelations have been uncovered by the EFCC about former Enugu State Chief Judge Innocent Azubuike Umezulike.
Detectives found N632.2 million in his bank account, reinforcing the reason for his involuntary retirement.
The agency also found that the lodgements came from lawyers, businessmen, politicians and litigants.
Justice Umezulike was alleged to have Read More
Embattled former National Publicity Secretary of the Peoples Democratic Party, PDP, Chief Olisa Metuh, who is facing trial over allegation that he received N400 million prior to the 2015 general election, has asked the Federal High Court in Abuja to allow him to call the detained erstwhile National Security Adviser, Read More
Ex-President, Dr. Goodluck Jonathan, yesterday, denied media reports that he received bribes in the $1.3billion Oil Prospecting Licence, OPL 245 oil block deal involving Italian oil company, ENI and Royal Dutch Shell of the Netherlands.
It was also alleged that Dr. Jonathan and former Petroleum Minister, Diezani Alison-Madueke, benefited from the Read More
The Federal Government has awarded the contract for additional works on the Second Niger Bridge linking Delta and Anambra States in the South-South and South-East zones respectively.
The Contractor handling the project is Messrs Julius (Nig.) Ltd., at a total cost of #14,446,010,416.16K (Fourteen billion, four hundred and forty-six million, ten Read More
According to a report by the AFP, Court documents filed late last month in the city of Milan outline a case against 11 people, including senior executives from the two oil majors and the companies themselves.
Nigeria’s former president Goodluck Jonathan and his oil minister, Diezani Alison-Madueke received kickbacks as part Read More
Ahead of its long anticipated resumption, Mavrodi Mondial Moneybox, otherwise known as MMM, Nigeria, says it has introduced Bitcoin, said to be the world’s best performing currency in 2016, as part of its mode of payment in its comeback plans.
The ponzi scheme had announced a ‘freeze’ on accounts of users Read More
The Group General Manager, Group Public Affairs Department of the NNPC, Mr. Ndu Ughamadu has accused oil marketers as being responsible for the scarcity and the hike in the prices of kerosene and cooking gas.
He denied that the scarcity was a ploy by the NNPC to push for an increase Read More
Mr. Godwin Obaseki, governor of Edo state, has perfected the modality for the employment of the first set of 10,000 unemployed persons in the state in fulfillment of his electioneering promise to create 200,000 jobs.
The governor, who made the disclosure in Benin, said government would introduce the Point of Service, Read More
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A federal high court in Lagos has ordered that bank(s) holding the sum of $153,310,000 belonging to former Minister of Petroleum Resources, Mrs. Diezani Alison- Madueze to hand over the money to the Federal Government.
Justice Muslim Hassam on Friday, January 6, ordered that the funds allegedly stolen by Diezani from Read More
Contrary to claims by Gov. Fayose of Ekiti state, the Federal Government has indeed been supporting the state government in meeting its financial obligations including paying its workers. The state government has received financial support in different forms, from the Federal Government, since the inception of the Buhari administration.
Findings indicated Read More
Pensioners in Imo State, yesterday, protested the continued refusal by Governor Rochas Okorocha to pay them their pensions which ranged between 22 and 77 months in arrears.
Scores of pensioners, led by their state chairman, Chief Gideon Ezeji, blocked Okigwe road as well as the entrance to Government House, Owerri. They Read More
The price of Kerosene has increased by 60 per cent in Kaduna, from N1,100 a gallon in December, 2016 to N1,600 in first week of January 2017.
Dealers of the product said in Kaduna on Friday, that the products suddenly became scarce and expensive, which was responsible for the sharp increase Read More
The Nigerian Civil Aviation Authority (NCAA) has confirmed that Arik Air Ltd. has not paid the N6 million fine imposed on the airline for contravening the provisions of the Nigerian Civil Aviation Regulations (Nig.CARs).
The General Manager, Public Relations, NCAA, Mr Sam Adurogboye, disclosed this on Friday in Lagos.
The NCAA had on Dec. Read More
The Minister of Information and Culture, Lai Mohammed has proposed to spend N661,006,782 million on traveling and transportation, refreshment and miscellaneous in the 2017 fiscal year.
The amount is part of the N49,464,302,080billion allocated to the Ministry of Information and Culture from the N7.3 trillion appropriation bill for 2017currently before the Read More
Abdulmumin Jibrin, sacked Chairman House of Representatives Committee on Appropriation has claimed that his fight against corruption in the Green Chamber has the backing of two international organisations.
He did not name the two organisations, but challenged House of Representatives Speaker Yakubu Dogara to publicly acknowledge the funding of his emergence Read More
After one year it came on board, the president Mohammadu Buhari led administration has commenced payment of N5,000 monthly stipends it promised to poor Nigerians. The development was substantially embedded in the campaign promises of the ruling All Progressives Congress, APC during the 2015 presidential election.
The Programme is also a Read More
A defiant Mr Netanyahu mocked his accusers ahead of the questioning
Israeli police have questioned Prime Minister Benjamin Netanyahu as part of an inquiry into corruption allegations.
He was asked about "receiving benefits from business people", justice ministry officials said without giving details.
Ahead of the investigators' arrival at his residence on Read More
Syrian rebel groups say they are suspending participation in the preparations for peace talks planned by Russia and Turkey for later this month.
In a statement, the rebels cited "many and large violations" of the ceasefire by the Syrian government as the reason for their move.
Turkey and Russia brokered the ceasefire Read More
Africa's biggest gainer, 2016 — in both dollar and percentage terms – is Nigerian oil and telecom tycoon Mike Adenuga, whose net worth increased $2.7 billion to $5.8 billion since December 31, 2015.
No other African billionaire added more than $1 billion to his or her net worth in the past Read More
As China prepares to splash out astronomical sums for footballing talent during the winter transfer window in deals that analysts say involve more money than sense, analysts all over are piling up the superlatives.
Last year Chinese teams broke the Asian transfer record four times in an acquisition spree that outstripped Read More
An unnamed Chinese club has offered Real Madrid £250 million for Cristiano Ronaldo, according to the Portuguese player’s agent Jorge Mendes.
He however said the 31-year-old forward had no interest in the deal, which included an £85m (about N42bn) annual salary.
“From China, they’ve offered 300m euros (£257m) to Real Madrid and Read More
According to a report by Bloomberg LP, the naira is one of the world’s four worst performing currencies in 2016.
The naira was said to have lost 36.68 per cent of its spot returns for the year, while the Egyptian pound, Suriname dollar and Venezuela bolivar’s currency spot returns dropped by Read More
The report about the revenue allocation from the state and local governments joint account, given to the 18 LGCs in Edo State, as written and circulated to the media, by the Chief Press Secretary to the State Governor, John Mayaki, has a tone of exultation while underlying the idea that Read More
The eighteen local government councils in Edo State have received the sum of N1,777,639,808.24 from the federal allocation for the month of November, 2016 and absolved the State Government of any interference with revenue accruing to local government areas.
Briefing newsmen after the joint allocation committee meeting of local governments in Read More
Everton expect to complete a £10m deal for Charlton's 19-year-old forward Ademola Lookman early in the January transfer window.
Director of Football Steve Walsh has made the signing a priority and the move is likely to go through quickly as manager Ronald Koeman starts what is expected to be a busy Read More
The Federal Government of Nigeria will spend N450m on the purchase of vehicles for the nation’s former heads of government and their deputies in 2017.
The figure formed part of the N9.882bn budgeted for the Office of the Secretary to the Government of the Federation for the year.
According to the details Read More
To rid the public service of corruption, the Federal Government has identified 50,000 ghost workers in a move that saved the country N200 billion.
Government’s action ensured that the N13 billion taken monthly from the payroll between February and December 2016 was saved.
Senior Special Assistant to the President on Media and Read More
Finance Minister of Argentina, Alfonso Prat Gay has been sacked. Argentine government said it dismissed the Treasury and the Minister and split the agency into two ministries.
“President Mauricio Macri has arranged for a change in the government team” overseeing the economy, Chief of Staff Marcos Pena told reporters at a Read More
President Muhammadu Buhari says he is yet to recover from the shock he received when he discovered that the past governments did not save from the resources from oil boom in the country.
The President was speaking in his residence while addressing Christian faithful who came to pay Christmas homage to Read More
If the former Governor of Abia State Dr Uzor Orji Kalu thought that by defecting the ruling APC that his current corruption cases with the EFCC will be dropped, the better have a rethink, according to Chief Chief Johnny Olisakwe Maduafokwa.
Chief Maduafokwa, who is in court with Kalu over oil Read More
Head of agency tasked with attracting foreign investment to Ireland says City corporations are interested in relocating.
Photo: Dublin, IrelandMartin Shanahan said Ireland could benefit from uncertainty over Brexit and Trump’s election win
Banks and financial institutions make up the Read More
The naira is seen depreciating further and may hit the 500 mark to the United States dollar at the parallel market next week as the greenback scarcity persists and the Central Bank of Nigeria cuts supply to foreign exchange operators.
The local currency was trading around N495 to the dollar on Read More
For James Onanefe Ibori to be allowed out of the United Kingdom, he has to share part of what he stole from the treasury of Delta State.
In what looks unfamiliar to many, James Ibori who was released from jail within the week after about 6 years in UK prison is Read More