Asset recovery
22 Dec 2023
The Vice Chancellor, Christopher University, Mowe, Prof. Oyelana Olatunji, has urged Nigeria and other nations within the global south to find less costly, but more effective alternatives to the present system of enforcing laws on asset recovery and corrupt practices. Olatunji made the call at a two-day international law conference held at the university. The…
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Consulting giant McKinsey & Company will pay $650 million to settle US criminal charges that it collaborated with Purdue Pharma to intentionally misbrand opioids, according to a court filing Friday. McKinsey "knowingly and intentionally" conspired with Purdue to "aid and abet the misbranding of prescription drugs... without valid prescriptions," according to a US Department of…
7 mins ago
Vice President Kashim Shettima will depart Abuja today (Friday), for Dubai, the United Arab Emirates, to represent President Bola Tinubu at the commissioning and naming of a $315 million oil production and storage facility. The facility, a fully Nigerian-owned oil and gas company acquired by Oriental Energy Limited, is scheduled for commissioning tomorrow, Saturday, December…
16 mins ago
The Bank of Industry (BOI) Limited held a sensitisation programme in Benin to educate small business owners about the Federal Government’s N75 billion Micro, Small and Medium Enterprises (MSMEs) Intervention Fund in Edo State. Speaking at the event on Friday, BOI’s State Manager, Mr Christopher Omondiagbe, emphasised that the fund was aimed at empowering entrepreneurs…
18 mins ago
The Court of Appeal has nullified a controversial judgment that sought to seize the statutory allocation and revenue of Rivers State, a move backed by supporters of the Minister of FCT, Nyesom Wike. The opposition coalition has hailed the ruling as a triumph for the rule of law and a significant blow to attempts to…
34 mins ago
President Bola Tinubu is focused on going through with the tax reform bills despite a barrage of criticism from the public, especially, from the North. Tinubu also turned down the advice of the National Economic Council (NEC) to withdraw the tax reform bills with the president optimistic that they would be successful. With the bills…
40 mins ago
Two students on Friday morning lost their lives in a ghastly motor accident involving a Keke Napep and an articulated vehicle in Lokoja, the Kogi State capital. The deceased students include a female student of Federal University Lokoja and another female student of Kogi State Polytechnic Lokoja, identified as Abu Taiwo Abimbola of the Department…
43 mins ago
Amid efforts to support Nigerian airlines, the federal government has proposed the Fly Nigeria Act to ensure that every government-funded trip patronises Nigerian Air flag carriers. The Minister of Aviation and Aerospace Development, Festus Keyamo, made the proposal yesterday in Abuja at a stakeholders' engagement on the Fly Nigeria Act and related legislation organised…
49 mins ago
Owambe! The very word ignites visions of glitz, glamour, and serious energy on the dancefloor. Nigerian parties are not just events; they’re cultural experiences filled with fashion, food, and fantastic vibes. But if you want to truly pepper them and blend in seamlessly, there are some unwritten rules you must follow. These rules subscribe to…
1 hour ago
Legendary Afro-Juju musician, Sir Shina Peters, on Friday shared that he was ordained as a Bishop in accordance with God's directive. The News Agency of Nigeria (NAN) recalls that in 2021, Shina Peters was ordained as a Bishop at the Cherubim and Seraphim Church of God, in the Iju area of Lagos State. While speaking…
1 hour ago
President Bola Ahmed Tinubu, the Attorney-General of the Federation and Minister of Justice, the Senate President, Senator Godswill Akpabio, have been dragged before a Federal High Court in Abuja over the alleged unlawful removal of Justice Danladi Yakubu Umar as Chairman of the Code of Conduct Tribunal (CCT). The president and 10 others were sued…