Category: Uncategorized

Punch Newspaper Governors elected under the Peoples Democratic Party and the Minister of the Federal Capital Territory, Nyesom Wike, may have agreed to make concessions to foster unity within the party ahead of the 2027 presidential election. A reliable source told Sunday PUNCH that the Oyo State Governor, Seyi Makinde, represented PDP governors in a…

Punch Newspaper … P’Harcourt, Warri, Kaduna refineries’ MDs arrested … Kyari, 13 senior ex-NNPCL officials face probe The Economic and Financial Crimes Commission has arrested the recently sacked managing directors and some top officials of the Port Harcourt Refining Company, Warri Refining and Petrochemical Company, and Kaduna Refining and Petrochemical Company. The officials were arrested…

The Federal Government has summoned Vice Chancellors of some schools and the Managing Director of Nigeria Education Loan Fund (NELFund) over alleged diversion of funds meant for the student loan scheme. A recent report claimed that about 51 schools had made illegal deductions from student loans under NELFund, prompting the Independent Corrupt Practices and Other…

Vanguard News The Economic and Financial Crimes Commission (EFCC) said it has traced funds linked to the failed crypto bridge exchange (CBEX) scheme to at least four countries. Speaking on a Channels Television programme on Wednesday night, EFCC chairman, Ola Olukoyede, said although efforts are underway to recover the stolen funds, full restitution to victims…

Punch Newspaper The Federal Bureau of Investigation and the Drug Enforcement Administration have requested a 90-day extension from a United States District Court to produce documents relating to an alleged drug investigation involving President Bola Tinubu dating back to the 1990s. The request was submitted on Thursday in a joint status report filed with the…

Punch Newspaper Despite the alleged N1.2tn digital trading fraud that reportedly affected over 600,000 Nigerians, the embattled Crypto Bridge Exchange trading platform, accused of these acts, has resumed operations, announcing fresh withdrawal options in a move to restore investor confidence. Two traders on the CBEX platform confirmed to The PUNCH on Wednesday that the digital…

Daily Trust Parties involved in the investigation of the alleged drug-related case involving President Bola Ahmed Tinubu in the 1990s are expected to release investigation reports on Friday, May 2 as ordered by the court. The agencies expected to make their investigation reports available are US Attorneys, Department of State, Federal Bureau of Investigation (FBI),…

One of the suspected promoters of the cryptocurrency trading platform, Crypto Bridge Exchange, Adefowora Abiodun, who was recently declared wanted by the Economic and Financial Crimes Commission, voluntarily surrendered himself to the anti-graft agency on Monday. Justice Emeka Nwite of the Federal High Court in Abuja had, in a ruling on Thursday last week, approved…

Punch Newspaper Warri refinery shutdown drags on since January 25… P/Harcourt refinery struggles at under 40% production capacity Industry operators and experts have questioned the operational integrity of the Nigerian National Petroleum Company Limited, particularly regarding transparency, efficiency, and overall management of Nigeria’s refineries under its purview. This is after the revelation that the Warri…

Access Bank says it is cooperating with law enforcement authorities after sacking a staff member accused of secretly filming colleagues in the bank’s restrooms. In a statement signed by the bank’s management in response to the incident, Access Bank confirmed that the incident had been escalated to the appropriate authorities and that an investigation is…