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Author Archives: The Light News

“WHO Can’t take back what it never gave”-Mugabe

Zimbabwean President Robert Mugabe has reportedly said that he was never “formally informed of his appointment as the World Health Organisation goodwill ambassador in the fight against non-communicable diseases (NCDs). According to the state-owned Herald newspaper, Mugabe’s spokesperson George Charamba said the nonagenarian would have “rejected the invitation to take up the post as it is not in Zimbabwe’s national ... Read More »

“Yes,Oando cooked its books”-SEC reveals

The apex regulator of the Nigerian capital market, Securities and Exchange Commission, said there were misstatements in Oando Plc’s audited financial statements for the 2013 and 2014 financial year arising from Oando Exploration and Production Limited transaction. This revelation was contained in a letter addressed to the Group Chief Executive Officer of Oando, Adewale Tinubu, by SEC. In the letter ... Read More »

Maina goes into hiding again

The manhunt for former Chairman, Presidential Task Force on Pensions, Abdulrasheed Maina has begun again-and it seems the man has gone into hiding. Our sources have confirmed that since his cover was blown over the weekend, Maina has not reported to work at the Ministry of Interior even as the Economic & Financial Crimes Commission (EFCC) are on his trail. ... Read More »

Senate probes Etisalat’s $1.2billion debt saga

The Senate has passed a Motion on the need for intervention in the recent Etisalat Nigeria $1.2 billion debt crisis.   In 2013, Etisalat Nigeria acquired a syndicated loan from 13 banks as a medium-term, seven-year facility to fund the expansion of the network in Nigeria. Since then, the company has only repaid 42% of its loan.   The Senate ... Read More »

#Mainagate an embarrassment to APC-Spokesperson, Bolaji Abullahi

The ruling All Progressives Congress APC has asked President Muhammadu Buhari to not spare anyone found to have been involved in facilitating the reinstatement into service of fugitive Assistant Director in the Ministry of Interior, Abdulrasheed Maina. It described the incident as a huge embarrassment to the Buhari administration and the ruling party which rode to power on the mantra ... Read More »

Bisola Aiyeola Confesses” My love affair with Jeff Akoh was publicity stunt”

After publicly announcing her love for singer, Jeff Akoh some 72 hours ago, Big Brother Naija (BBN) star, Bisola Aiyeola has declared it as publicity. In a viral post on Saturday via Instagram, she wrote “It’s official guys, Jeff Akoh and I are in love and in a strong, loving relationship. Your girl B is taken.” With just three days ... Read More »

Power Uti in Court for Killing Wife

A renown wrestler, John Eke Uti a.k.a. Power Uti, was on Tuesday brought before an Ebute Meta Magistrates’ Court, Lagos, for allegedly killing his wife, Toyin. Uti, 55, was arraigned before Magistrate Bola Folarin-Williams on a two-count of murder and disrespect of corpse. After going through the case file, Magistrate Folarin-Williams said she did not see anything both in the ... Read More »

Just In: EFCC storms Maina’s Abuja Mansion

Officials of the Economic & Financial Crimes Commission (EFCC) have stormed the alleged $2billion mansion of former Pensions Task Force Boss, Abdulrasheed Maina. According to Premium Times, the EFFC operatives were at the property at about 3pm Monday and have been carrying out searches at the 10 Hamisu Musa, Jabi home. Sources also say, the EFCC will carry out a ... Read More »

Why I want Obiano out-Peter Obi

Former Anambra State, Mr Peter Obi has not hidden his disdain for his erstwhile main man and annointed successor, Mr Willie Obiano. In this interview he outline how they fell out and why he wants him out.  Sir, how is the campaign going?   Peter Obi:  Going on very well. Electioneering is tough, especially in our country where truth is ... Read More »

Relegation threatened Everton fires Ronald Koeman

Relegation threatened Everton football Club has fired its Dutch  manager, Ronald  Koeman after a string of embarrassing results. Koeman  will be the second manager to lose his job this season after Leicester also dismissed Craig Shakespeare for an unsavory start to the season. Already, David Moyes, Carlo Ancelotti and many other managers have been mooted with talks being at advanced ... Read More »