Business

3533 Articles
Crime

IGP Kayode Egbetokun Resigns; AIG Tunji Disu Appointed Acting Police Chief

BY SUNDAY SAMUEL—The Inspector-General of Police, Kayode Egbetokun, has resigned his position, citing pressing family considerations. President Ahmed Tinubu has accepted the resignation...

Fraud

EFCC Charges Former Railway Corporation MD with Money Laundering

BY SUNDAY SAMUEL—The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC). Ikoyi, Lagos, on Wednesday, arraigned a former Managing...

Fraud

Woman Bags 7-Year Jail Term Over ₦5.6m Baking Powder Scam

BY SUNDAY SAMUEL—Justice Maryam Sabo of the Kano State High Court has sentenced Ebonine Rita Uzoamaka to seven years’ imprisonment for defrauding a...

Insurance World

Protecting What You Love: Sovereign Trust Brings Fire Safety to Market Community

BY NECHI NAECHE-ESEZOBOR—In a refreshing twist to Valentine’s Day celebrations, Sovereign Trust Insurance Plc chose to demonstrate love through action rather than tradition,...

Money

Cardoso: 20 Banks Meet CBN Capital Requirement as ₦4.05trn Recapitalisation Gains Momentum

BY NKECHI NAECHE-ESEZOBOR—Central Bank of Nigeria Governor, Mr. Olayemi Cardoso, has disclosed that a total of ₦4.05 trillion has been verified and approved...

Judiciary

Court Orders ICE To Release Nigerian Who Entered U.S. Illegally In 2003 From ‘Unlawful’ Deportation Detention

A United States District Court in Minnesota has ordered Immigration and Customs Enforcement (ICE) to immediately release a Nigerian immigrant, Michael Opeoluwa Egbele,...

Energy

FG Approves ₦2.8 Trillion Subsidy Debt to Power Generation Companies

President Bola Ahmed Tinubu has approved ₦2.8 trillion as the Federal Government’s verified electricity subsidy debt owed to power generation companies (GenCos), following...

Fraud

ICPC Takes Ebonyi Accountant to Court for Alleged N61m Fraud

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arraigned an Ebonyi State government official, Obasi Nicholas Sunday, before the Federal...