Bank Robbery: Two Policemen, Bankers Arrested
The Special Anti-Robbery Squad(SARS), Ikeja, Lagos State Police Command has arrested two policemen in connection with the recent armed robbery attack of the Alaba branch of Mainstreet Bank. The robbery…
FG Withdraws N100.38Billion Stolen Fund Charges Against Muhammed Abacha
The Federal Government has withdrawn charges on the alleged N100.38Billion stolen property case against the scion of the late former Head of State, Muhammed Abacha. Sources connected to the case…
Aero Contractors Airline Staff in Recruitment Fraud
Some 200 unsuspecting job-seekers, mostly tertiary institution graduates, who went in search of employment at Aero Contractors Airline have been swindled of hundreds of thousands of Naira by a gang…
NCC Begins Process for Selection Of Infracos for Open Access Broadband
The plan by the Nigerian Communications Commission to deploy affordable and pervasive broadband services across Nigeria has begun with an invitation to Infrastructure Companies, otherwise known as Infracos, to submit…
British Authority Fines GTBank for Money Laundering
Britain’s financial services regulator said it had fined the UK subsidiary of Nigeria’s Guaranty Trust Bank (GUARANT.LG) (GUARq.L) 525,000 pounds ($815,000) for failing to have adequate controls to prevent money…
Covenant University Student, Unekwu Opaluwa, Sister Kidnapped
Suspected robbers on Sunday evening stormed the residence of an engineer, Mr. Samson Opaluwa, in Karmo, Abuja, kidnapping two female members of the family after robbing them. While the elder…
Broadband Council pushes for Smart States and 50% 3G-coverage
The Broadband Council is pushing for increased 3G coverage to 50% of the Nigerian population by 2015. This was one of the outcomes of the 4th Broadband Council meeting held…
Amaechi Laments as Military Bans Private Jets From Kano Airport For Security Reason
The Defense Information Director, Major General Chris Olukolade, said on Monday that both grounding of Governor Rotimi Amaechi’s of Rivers State private jet at Kano airport and the subsequent banning…
World Bank, IMF Want Review of Acquisition of Oceanic Bank, Others
Unless for a last minute U-turn, the Federal Government may call a total review of the policy guidelines used by the former Governor of Central Bank of Nigeria (CBN) in…
First Lady Mourns as Akunyili Dies of Cancer
Former Director General of NAFDAC and one time Minister of Information and Communications, Prof. Dora Akunyili finally bowed to cancer after a long-drawn battle spanning two years. She died Saturday…