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Monthly Archives: March 2017

Saraki to Commitee “I have no link with the imported SUV”

Senate President, Dr. Abubakar Bukola Saraki has appeared before the Senate Committee of Ethics, Privileges and Public Petitions over the scandal on an imported bullet-proof SUV and has told the committee in clear terms that he knows nothing about the vehicle in question. He noted that he did not know how his name got entangled in the whole issue because ... Read More »

“Yes, Dino Melaye graduated from ABU”-Vice Chancellor tells Senate Commitee

It has now been confirmed! Yes, there is no longer any doubt that Senator Dino Melaye representing Kogi West graduated in Geography from Ahmadu Bello University (ABU), Zaria according to the Vice Chancellor, Prof. Ibrahim Garba. Prof.  Garba, told the Senate Committee on Ethics, Privileges and Public Petitions  that Senator Dino left the schools as Jonah Daniel Melaye with a ... Read More »

UBA Group’s gross earnings hits N384 Billion

United Bank for Africa (UBA) Plc, has released its audited 2016 full year results, showing growth in gross earnings and profits. The Group recorded about 22 percent growth in gross earnings to N384 billion, as at December 2016, from N315 billion at the end of the 2015 financial year, a demonstration of its ability to grow profitability despite the difficult ... Read More »

President not involved in Certificate Scandal-Garba Shehu

Presidency on Sunday said President Muhammadu Buhari was not involved in any certificate scandal. The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, stated this in a statement made available to journalists. Shehu was reacting to a story titled “Prominent Nigerians with certificate scandals” published by SUNDAY PUNCH. Apart from Buhari, former President Goodluck Jonathan, former ... Read More »

EFCC tracks N19billion Paris Club Refund, grills Saraki’s aides, others

The Economic and Financial Crimes Commission( EFCC) has frozen 15 accounts of some individuals and companies for the alleged diversion of N19billion from the London-Paris loan refund. Besides, about $183,000 (N71, 370,000) of  the loan refund has been traced to a jeweller’s account in Dubai. The anti-graft agency is probing a former  Heritage Bank Executive Director Mr. Robert Mbonu, three ... Read More »

Saraki rubbishes leaked EFCC report on Paris Club Refund”It is pure mischief”

The Senate President last night described the allegations as mere mudslinging. A statement by Senator Bukola Saraki’s pokesman, Mr. Yusuph Olaniyonu, said: “Our attention has been drawn to the circulation of a report in the media said to have been leaked by the Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu where he made several allegations ... Read More »

Senate to probe N4Trillion Customs Revenue shortfall

Senate has begun moves to unravel how N4 trillion worth of revenue was lost under the watch of the Nigeria Customs Service, NCS. The Senate Committee on Customs, Excise and Tariff which declared this, yesterday, said already, it had put some machinery in place to carry out a thorough investigation into how the over N4 trillion collectable revenue was lost ... Read More »

Opinion:Udom The Man Who Sees Tomorrow-Ralph Edem

  By Raph Edem   The 1981 movie, The man who saw tomorrow narrates the story of the French-born physicist and seer, Michel de Nostredame, known more popularly by the Latinized version of his name, Nostradamus. He was reputed to have the uncanny, metaphysical ability to predict what will happen in the future. There is a long list of happenings ... Read More »

Calabar Restaurant owner arrested for poisoning customers

Many customers were said to have died Saturday after an restaurant owner in Ogoja, Cross River State, allegedly put poison in the food he sold them. The eatery operator, it was leant, last night, confessed to the crime. The suspect, Paul Armond, who has been arrested by the police, was said to be undergoing interrogation. Dr. Patrick Ubi, Medical Superintendent, ... Read More »

Why Zenith Bank suspended N100billion public offer

Zenith Bank has  given reasons for the suspension of its Initial Public Offer which as to raise N100 billion fresh funds. The management made a volte-face at its 26th Annual General Meeting (AGM) held in Lagos thus aborting the plan at the meeting. Expectedly, shareholders of the bank approved the request of the board to step down the plan to ... Read More »