Corruption news
Justice Chukwujekwu Aneke of the Federal High court, Lagos has ordered Fidelity Bank Plc to immediately pay N811,174,229.25 to the Chief Registrar of the court, which is the principal amount claimed by a fintech company, Shago Payments Limited against the bank. The judge ordered that the said sum be held in trust in an interest…
Many staff at the Singapore office of TikTok’s parent company, ByteDance, have been hospitalized after a suspected food poisoning outbreak. Health and food safety officials in the city-state are investigating the incident, which left 60 people with symptoms of gastroenteritis on Tuesday. Fifty-seven of them were treated in hospital. ByteDance has also said it is…
The Managing Director of the Fund, Akintunde Sawyer, made this known during an ongoing press briefing in Abuja. On Tuesday, July 30, the Nigerian Educational Loan Fund said it would disburse the sum of N850M to institutions as fees Today (Wednesday). This is apart from the over N1.7Bn that has been disbursed to about 20,000…
Organizers of the planned August 1 to 10, 2024 have sent details of their plan to the Inspector General of Police, Kayode Egbetokun. Ebun-Olu Adegboruwa, SAN, attorney to the organizers sent the details, including venues and locations, where the intended protests would take place in a letter, addressed to the IGP. Meanwhile, the Adegboruwa asked…
A video has surfaced online showing thugs threatening Lagos residents not to come out for the planned nationwide protests against poor governance starting August 1. The thugs were seen intimidating market traders on Lagos Island. The footage, which has been widely circulated, shows the thugs moving through the market and threatening traders with severe consequences…
This was contained in a memo sent to State Coordinators, Local Government Inspectors (LGIs), and Zonal Inspectors (ZIs) across the 36 states of the federation. The National Youth Service Corps (NYSC) has cancelled monthly clearance and weekly community development services for corps members ahead of the August 1-10 nationwide protest. This applies all over the…
Ifeanyi Ubah, Senator representing Anambra South district in the National Assembly, is dead. Senator Ubah was said to have departed Nigeria for the UK, two days ago. A close family source said he died in a UK hospital where he went for surgery. He would have been 53 on September 3. Ubah had defected to…
Magnus Adakole (not real name), a Nigerian residing in the United Kingdom, has narrated how OPay placed his account on restriction after he made a N952,363 transfer to it from his other accounts. Adakole, who is a scholar, told newsmen that OPay placed the restriction on his account on July 2. “Opay restricted my account…
The Head of Media and External Relations of the United Bank for Africa, UBA, Ramon Nasir has lost his mother, Mrs. Musiliat Falade. Mrs Falade died on Thursday morning at Duchess International Hospital, Lagos, after a brief illness at age 86. Until her demise, Mrs. Falade was Iya-Oba of Imasayi Kingdom, Yewa, Ogun State, South-west…
Justice Olumuyiwa Martins of a Lagos High Court has awarded N75 million damages against Sterling Bank Plc, over a breach of the non-disclosure and non-circumvention agreement it had with Comfort Stevens Nigeria Limited and its Chief Executive Officer, CEO, Dr. John Nwankwo. The court said N50 million was for damages, while N25 million serves as…
