Business articles

EFCC charges Globacom with $6.7m fraud

EFCC charges Globacom with $6.7m fraud

The Economic and Financial Crimes Commission has charged telecommunications company, Globacom Limited, before the Lagos State Special Offences Court in Ikeja for an alleged fraud of $6,786,674.61. The firm was charged alongside its Indian Chief Marketing Officer, Ashok Israni, who was listed as the first defendant in the case. The one count filed before Justice

$322.5m Abacha loot: APC group commends Finance minister, Adeosun, on full disclosures

All Progressives Congress (APC) Grassroots Youth for Change at the weekend commended the Minister of Finance, Mrs. Kemi Adeosun, for debunking reports in some sections of the media in respect of the recently repatriated $322.5 million Abacha loot from Switzerland. National Coordinator of the group, Mr. Orlu Henry Manuchimso, said the clarifications that the money

Hon Joseph Akinlaja, Other Industry Players Attend Sub-Sahara Africa Upstream Oil & Gas Summit & Exhibition

Chairman House of Representatives Committee on Petroleum Resources Downstream, Hon Joseph Iranola Akinlaja was among dignitaries who honoured the 2018 edition of Sub-Sahara Africa Upstream Oil & Gas Summit and Exhibition which held at Nigeria’s capital city, Abuja.   The well attended event started on Wednesday April 11 and it is expected to come to

The 2018 GTBank’s Food And Drink Fair Set To Hold For 3 Days

From the promise of mouth-watering delicacies to the allure of savoury wine tastings, the 2018 GTBank Food and Drink Fair is set to deliver, in 3 days, an experience that will certainly remain unmatched for the entire year. On April 29th, 30th and May 1st, 2018, the third edition of the GTBank Food and Drink Fair will

Mavrodi’s death: MMM announces final shutdown

The management of the global ponzi scheme, Mavrodi Mundial Moneybox (MMM), has announced a final shut down of operations. The ponzi scheme in a statement on its official global website on Friday said they were shutting down due to the death of the founder, Sergey Mavrodi. Mr Mavrodi, an ex-convict, died of heart attack on