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Daily Archives: April 3, 2017

“Lies, N310m was not stolen from my house-Saraki

Senate President, Bukola Saraki has refuted the claim that the N310 million said to have been stolen from a Bureau de Change operator in November 2015 by suspected operatives of the Department of State Services (DSS) and some Army personnel belonged to him. Speaking through Mr. Sani Onogu, his Chief Press Secretary, Saraki said reports by the Police and the ... Read More »

PDP Snate Caucus denies accusing Tinubu of working with EFCC

The Senate Caucus of the Peoples Democratic Party (PDP) yesterday denied reports that it accused All Progressives Congress (APC) stalwart Asiwaju Bola Ahmed Tinubu of colluding with the Economic and Financial Crimes Commission (EFCC) to harass its members in the upper chamber. A national daily, ThisDay, yesterday published as its lead story: “PDP Caucus Accuses Tinubu, EFCC of Conspiracy to ... Read More »

Why Nigerian companies fail-AMCON boss

The Managing-Director and Chief Executive Officer of the Asset Management Company of Nigeria, (AMCON), Ahmed Lawan Kuru, has attributed lack of good corporate governance as the bane of Nigerian companies and business. He spoke in Lagos at the induction of new members into the Institute of Directors of Nigeria, (IOD). Kuru represented by Dr Eberechukwu Uneze, an executive director of ... Read More »

Charly Boy vows “I will rally Nigerians to occupy NASS”

Charly Boy, whose real name is Charles Chukwuemeka Oputa has called on Nigerians to be ready to occupy the National Assembly soon saying that ‘the day is drawing near when the suffering masses of this country will seek their pound of flesh from those who have kept us poor, frustrated, hungry, angry, useless, hopeless. “Pickin wey say him mama no ... Read More »

“DSS did not detain me, I report daily”-Businessman, Ifeanyi Ubah

The Group Managing Director of Capital Oil and Gas Limited, Mr. Ifeanyi Ubah, has said that he reports at the headquarters of the Department of State Services in Abuja daily and that he is not being detained. Ubah, who spoke in a telephone interview with a Punch correspondent in Abuja on Sunday, said that the DSS was mediating in a ... Read More »

CBN threatens Bank Chiefs over Forex sale

Bank chiefs caught frustrating efforts by the Central Bank of Nigeria (CBN) at getting more dollars to end-users risk severe punishment, the apex bank warned yesterday. The warning came on the backdrop of reports that lenders are setting difficult hurdles for foreign exchange (forex) end-users wanting to make purchases for Business Travel Allowances, Personal Travel Allowances, tuition payment abroad and ... Read More »