Category: National/Politics

CBN Gov, MTN, Stanbic IBTC In Messy $8b Scam

Going by a report recently published by National Daily newspaper, the controversial Governor of Central Bank of Nigeria, CBN, Sanusi Lamido Sanusi, has been fingered in a money laundering fraud. The amount involved in the scam is said to be $8 billion. MTN and Stanbic IBTC bank were also implicated in the scam. Read the…

Fred Ajudua Sent To Prison

Serial fraud kingpin, Fred Ajudua has been remanded in Kirikiri Prison for allegedly defrauding former Chief of Army Staff, Lt.-Gen. Ishaya Bamaiyi (retd.), of about $8.395m (about N1.3 billion). Justice Oluwatoyin Ipayeordered on Wednesday that he should be remanded in prisons custody following a fresh 13-count charge of fraud brought against him by the Economic…

The Peoples’ Democratic Party, PDP, has disclosed that former Vice President Atiku Abubakar will return to its fold when he fails to win at the polls flying the flag of the All Progressives Congress, APC. The former number two citizen of the country left the ruling party on Sunday to join the opposition party. Prior…

Mbu Still In-Charge Of Rivers–Police

The Rivers State Police Command spokesman, Almad Muhammed, has said that the embattled Commissioner of Police in the state, Mbu Joseph Mbu, has not been removed as widely speculated in some quarters of the Nigerian media. Muhammed noted that Mbu is still in charge of the police in Rivers State, contrary to several reports. The…

Atiku Will Help Us Win In 2015–APC Chieftain

A chieftain of the All Progressives Congress, APC, Magaji Doho, has stated that the defection of former Vice President, Atiku Abaubakar, to APC from the Peoples’ Democratic Party, PDP, will help the party become successful at the 2015 general elections. Doho, the Interim Chairman of APC in Gombe State, told the News Agency of Nigeria,…

Sambo Slams Albani Zaria’s Assassination

Nigeria’s Vice-President, Namadi Sambo, has strongly criticized the killing of prominent Islamic scholar, Sheikh Muhammad Auwal Adam Albani, also known as Albani Zaria, by some gunmen in Zaria, Kaduna State, last week. The vocal cleric was assassinated on Saturday night along with his wife while returning from a religious function in the ancient city. In…