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EFCC Re-arraigns Businessman for N10m Fraud

The Economic and Financial Crimes Commission, EFCC, Maiduguri zonal office, on Thursday, August 8, 2019 re-arraigned one Alhaji Ali Kawu, before Justice Umaru Fadawu of the Borno State High Court, Maiduguri on a one-count charge bordering on criminal b…

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EFCC Hands over Bade’s Forfeited Property to NEDC

The Economic and Financial Crimes Commission, EFCC, on Thursday, August 8, 2019, handed over a 13 bedroom, one-storey building and a basement, forfeited by the late Chief of Defence Staff, (CDS) Air Chief Marshal Alex Bade, to the management of North E…

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EFCC Arraigns Suspected Internet Fraudster

The Economic and Financial Crimes Commission, Port Harcourt’s Zonal Office, on Thursday, August 8, 2019 arraigned Nwanedi Ihejiato Chukwuma Godwin before Justice A.T Mohammed of the Federal High Court sitting in Port Harcourt, Rivers State on four- co…

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Eid-el-Kabir: Warri traders lament low patronage

Few days to the 2019 Eid-el-Kabir festival, transactions in some major markets in Warri, Delta state were at a low ebb.According to a survey conducted, there was a decline in sales in Igbudu, Okere and Main markets all in Warri South and Jugbale Market…

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Telecom: MTN raises $140m in divestment plan

MTN Group Ltd says it has raised 2.1 billion rand (140.24 million dollars) from asset sales in the first half of this year as part of a divestment plan to simplify its portfolio.The Group Chief Executive, Rob Shuter told reporters in a post-earnings co…

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Oil rises on expectations of more OPEC cuts

Oil jumped more than $1 a barrel on Thursday due to expectations that falling prices may lead to production cuts, coupled with a steadying of the yuan currency after a week of turmoil spurred by an escalation of U.S.-China trade tensions.Brent crude ha…