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Author Archives: yinka

Nigeria loses N127bn to cyber crime – Senate President, Bukola Saraki

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Today, Senate President Bukola Saraki spoke at Nigeria’s first Legislative Stakeholders Conference on ICT and Cyber security in Abuja where he said Nigeria has lost about N127 billion to cybercrime. He said the loss reflects the hole created in the economy by cyber crime amounting to 0.08 per cent of the Gross Domestic product (GDP. “ It is indeed ironic ...

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President Paul Biya of Cameroon marks 35 years in power

President Paul Biya of Cameroon marks 35 years in power

President Paul Biya of Cameroon marks his 35th year in office today, November 7th, 2017 making him one of Africa’s longest-serving leaders. Paul Biya first took office in 1982, when the country had a one party system and even though the country now has a multi-party system, he has managed to cling on to power. In 2011, after a controversial ...

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Lagos begins enforcement against tax defaulters

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The Lagos State Government on Monday directed all its revenue agencies to ensure prompt payment of taxes and also commence enforcement of payment by all tax defaulters with immediate effect. Commissioner for Information and Strategy, Mr. Steve Ayorinde, in a statement, lamented that many residents were not fulfilling their civic obligation of paying their taxes and that the prevailing situation ...

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26 Nigerian women drown in the Mediterranean sea

26 Nigerian women drown in the Mediterranean sea

The bodies of 26 women believed to be Nigerian have been recovered from the Mediterranean sea off Italy. According to reports, the women were trying to reach Europe from Libya. It is unclear why so many women died, as there were men on board the ship as well and there are suspicions that they may have been sexually abused and ...

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‘I will continue to fight corruption war until my last breath’ – Acting EFCC boss, Magu

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Ibrahim Magu, the Acting Chairman of the Economic and Financial Crimes Commission, EFCC, attended the 7th Session of the Conference of the States Parties to the United Nations Convention Against Corruption, UNCAC, taking place at the U.N. House, Vienna, Austria. Magu who had a chat with Gilean Dell, Coordinator UNCAC Coalition said, “I have conscience, in spite of the deliberate ...

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Over ‘800,000 companies in Nigeria have never paid taxes’ – Kemi Adeosun

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Nigeria’s Finance Minister, Kemi Adeosun has revealed that over 800,000 companies in the country, including government contractors, have never paid any taxes, In a statement from her office, she also said that only 14 million Nigerians, out of an economically active base of 70 million, paid taxes. Of the 14 million, more than 95% were salary earners in the formal ...

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Meek Mill sentenced to 2-4 years in prison for multiple probation violations

Meek Mill sentenced to 2-4 years in prison for multiple probation violations

Rapper Meek Mill was in a Philadelphia court Monday when the judge sentenced him to 2-4 years in state prison for violating probation from his 2009 drug and weapons case, when he got arrested in a St. Louis airport for getting into a fight with an airport employee. The judge also cited another probation violation when he got arrested for ...

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Enugu LG poll: 37 political parties endorse outcome of elections

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Thirty-seven out of the 40 registered political parties in Enugu State have unanimously adjudged last Saturday’s Local Government Elections in the state as free, fair and credible and in conformity with the minimum requirements of international best practices. Addressing a press conference in Enugu, the political parties in a statement signed by their state chairmen, which was read by the ...

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Edo boosts IGR with tourism

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Edo State Government has revealed plans to excavate the historic Benin Moat, which is the world’s longest man-made earthwork, and develop more than 58 other tourist sites in the state to boost earnings from the tourism sector. The Commissioner for Arts, Culture and Diaspora Affairs, Osaze Osemwegie-Ero, who disclosed this in Benin City, said part of the state’s investment potential ...

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Nigerian military to explore space technology in security – Olonisakin

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The Chief of Defence Staff, General Gabriel Olonisakin, said yesterday that the Nigerian Military would utilize space technology in security the country’s territorial interest. Olonisakin said the integration of space capabilities into the various military functions would give the Armed Forces of Nigeria and other security agencies an array of technological capabilities with multitude of effects to gain battle ground ...

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NDDC inaugurates N6.2bn road projects in Delta

NDDC inaugurates N6.2bn road projects in Delta

The Niger Delta Development Commission (NDDC) on Friday inaugurated road projects worth over N6.2 billion in Delta. Mr Nsima Ekere, the NDDC’s Managing Director, led top management officials to inaugurate the projects, located in three local government areas. The benefitting local government areas are: Warri North, Sapele and Ughelli North. Ekere who spoke at Ireto community in Sapele, where a ...

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Many Nigerians weep as MMM announces a “RESTART”

Many Nigerians weep as MMM announces a “RESTART"

Popular ponzi scheme MMM has officially announced a “RESTART” of the system, leaving many Nigerian participants wailing with thousands and millions on Naira trapped in the scheme. In a message posted on the home page of participants Saturday morning, the scheme said that it had struggled to stay afloat after going on a break in Dec. 2016 but had been ...

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House of Reps in rowdy session over President Buhari’s letter on Budget presentation

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Shouts of ‘No, No, No’ rented the air at the House of Representatives chambers this morning as the Speaker of the House, Yakubu Dogara, read a letter from President Buhari of his intention to address a joint session of the National Assembly on November 7th. President Buhari in his letter said he will be presenting an estimate of the 2018 ...

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NDLEA destroys 14 metric tonnes of prohibited drugs in Oyo State

NDLEA destroys 14 metric tonnes of prohibited drugs in Oyo State

The National Drug Law Enforcement Agency, NDLEA, has destroyed 14.13 metric tons of prohibited drugs in Ibadan, Oyo State, South West Nigeria. The drugs which were destroyed in the full glare of the general public were intercepted by Oyo State Command of the Agency over a two-year period. According to Omolade Faboyede, Oyo State Commander of the Agency, the drugs ...

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Lagos state governor, Akinwunmi Ambode, donates N50m to Mountain of Fire Football Club

Lagos state governor, Akinwunmi Ambode, donates N50m to Mountain of Fire Football Club

Lagos state governor, Akinwunmi Ambode, has donated N50 million to members of the Mountain of Fire and Miracles Ministry Football Club MFM FC, for their impressive performance at the Nigeria Professional Football League last season. Governor Ambode, announced the donation when he received the footballers and staff of MFM FC along with top officials of the Nigeria Football Federation at ...

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‘Igbos will vote massively for President Buhari in 2019’ ex-Abia state governor, Orji Uzor Kalu predicts

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A former Abia State governor, Orji Uzor Kalu, says Igbos will vote massively for President Buhari in the 2019 election. Kalu said this when he appeared as a guest on Arise TV. “APC has come to stay in the south-east. Buhari’s contest in 2019 is not only for himself but for the south-east. After Buhari’s eight years, nobody in Nigeria ...

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Jide Tinubu, son of APC National leader Asiwaju Bola Tinubu, has died

Jide Tinubu, son of APC National leader Asiwaju Bola Tinubu, has died

Jide, the first son of the National leader of the All Progressives Congress (APC) – Asiwaju Bola Tinubu, passed away this morning. Jide was a law graduate of the University of Liverpool, England. He obtained a Masters degree in Maritime Law from the University of London and was called to the Nigerian Bar in 1999. He served as Promoter of ...

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Facebook constitutes Africa’s first SME Council in Nigeria

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IN its continuing bid to help boost small and medium enterprises (SMEs) in Africa, Facebook, last week, launched the Nigerian SME Council, first of its kind in the continent. Abi Williams, Facebook’s SMB Sales Manager, EMEA, noted at the launching that the Nigerian SME Council brings together Facebook Africa’s SME team and Nigerian business owners from a range of industries, ...

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$43.5m hidden cash: EFCC summons sacked NIA D-G, Oke, wife, others

$43.5m hidden cash: EFCC summons sacked NIA D-G, Oke, wife, others

Barely four days after being sacked from his exalted post, Economic and Financial Crimes Commission, EFCC, has summoned former Director-General of National Intelligence Agency, NIA, Amb. Ayodele Oke, for further interrogation in relation to the $43.5 million locked in a private apartment in Ikoyi, Lagos. Also summoned to appear before operatives of the EFCC for questioning is wife of the ...

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Islamisation plot is real, CAN tells Osinbajo

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Umbrella body of Christians in Nigeria, the Christian Association of Nigeria, CAN, has reacted to a statement credited to Vice President, Prof Yemi Osinbajo, urging him to stop discrediting the Christian body in his quest to douse religious tension in Nigeria and win the heart of the government of President Muhammadu Buhari. The Vice President had last week stated at ...

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