Federal High Court in Lagos has struck out a suit by the Federal Government seeking to recover $793,200,000.00 (about N249,659,700,000.00) from seven banks, which it claimed they hid for “unknown” government officials.The banks are: United Bank for Africa Plc, Diamond […]
Picture Source: abcountries.com/xe/?v=NGN STARTING A BUSINESS IN NIGERIA AND ITS TAX IMPLICATIONS By : Ose Binitie (osebinitie@gmail.com) When starting a business, one of the foremost things one might consider would be what kind of business to incorporate. In contemplating that, […]
There was a mid drama at an Idi-Ogungun Customary Court, Agodi-Ibadan on Tuesday when a woman, Suriat Adewale, rejected custody of her three children including a 12-month-old baby. Suriat had protested the decision of the court, granting her custody of […]
A federal court in Rio de Janeiro sentenced a Brazilian judge to eight years imprisonment on Tuesday for driving confiscated luxury vehicles, local media reported. Judge Flavio Souza, who was presiding over criminal proceedings against former billionaire Eike Batista, was […]
Buhari, Saraki, Dogara, others condemn attackIt was all like an action-packed movie.A gunman dressed in black, storming a church and opening fire on worshippers.There was commotion. By the time the gunman left, no fewer than 11 worshippers lay dead. […]
CorruptionA Nigerian writer, Ms Ama Kachikwu, has identified the widespread corruption and “primitive’’ accumulation of wealth as the grave hindrance to the country’s greatness.Kachikwu made the assertion in an interview with the News Agency of Nigeria (NAN) in on Tuesday […]
Diezani Alison-Madueke, former Petroleum Minister. She has been in the news for sometime now for the wrong reasons. Is she the big thief or…Akin KuponiyiA Federal High Court Lagos State South West Nigeria Wednesday ordered temporary forfeiture of a property […]
File Photo: Suspected oil thieves arrested by the Nigerian NavyAkin KuponiyiThe Court of Appeal, Lagos, southwest Nigeria on Monday affirmed the judgment of a Federal High Court, Lagos which sentenced nine foreigners to five years imprisonment each with option of […]
Seven lawmakers on trial for ‘money laundering’Eighteen senators are under investigation by the Economic and Financial Crimes Commission (EFCC) for alleged N367.5billion fraud, it was learnt yesterday.Seven are on trial. Some of the cases date back to 10 years.A […]