Month: June 2016

PHOTO: Zimbabwe’s ZAMCO Exco Visits Nigeria’s AMCON

On Tuesday, the Chief Executive Officer of Zimbabwe Asset Management Corporation, ZAMCO, Dr Cosmas Kanhai, paid a courtesy visit to the head of a similar agency in Nigeria, Aminu Ismail of the Asset Management Corporation of Nigeria, AMCON. Kanhai was in Nigeria along with his top officers to see ways of collaborating with each other.…

Why Lagos Evicted Tarzan, Metro Ferry From Jetties

…Cites safety, breach of agreement …Govt to roll out new master plan for water transportation The Lagos State Government on Friday said its decision to serve eviction notices to Tarzan Marine Enterprises and Metro Ferry, both operators of commercial jetties in the State, was in line with overriding public interest and quest to ensure strict…

Lagos Keen On Human Capacity Development—Ayorinde

Lagos State Commissioner for Information and Strategy, Steve Ayorinde, on Friday declared that one of the cardinal direction of Governor Akinwunmi Ambode led administration is to invest in capacity development of government officials who are major stakeholders in articulating his plans, programmes and policies for the development of the state. Ayorinde said that Ambode is…

IMT Enugu Final Year Student Jailed

A final year student of the Institute of Management and Technology, IMT, Enugu, Muonwuba Valentine, has bagged a two-year imprisonment for conspiracy, uttering, impersonation and attempting to steal. Valentine was brought before the court by the Economic and Financial Crimes Commission, EFCC, alongside one Frank Joseph, who also committed the same offence. The trial judge,…

N1.2bn Fraud: Ex-Banker Admits Dariye Operated Account Illegally

A former staff of the defunct All States Trust Bank, Adonye Roberts, on June 17, 2016 told a Federal Capital Territory, FCT, High Court, Gudu, Abuja, that a former governor of Plateau State, Joshua Dariye, illegally operated an account with the bank in the name of Ebenezer Retnan Ventures, ERV, with the aim of concealing…

Yahoo Boy Bags 10 Years Imprisonment

An internet fraudster also called Yahoo Boy has been sentenced by Federal High Court, sitting in Port Harcourt, Rivers State. Justice H.A. Nganjiwa, on Friday, sentenced the fraudster, Frank Emem, to 10 years imprisonment for internet-related offenses. The judge found him guilty of two-count of obtaining money by false pretences brought against him by the…

NEITI Partners EFCC on Graft

The Executive Secretary, Nigeria Extractive Industries Transparency Initiative, NEITI, Waziri Adio, has expressed the readiness of his agency to collaborate with the EFCC, in tackling corruption in the Nigeria by reporting serious infractions that violate the country’s constitution. Adio made this disclosure on Friday, June 17, 2016 during a courtesy visit to the acting Chairman…