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Kidnap: Parents withdraw wards from Turkish school

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Scores of parents and guardians, on Saturday, flocked to the Nigerian-Turkish International College in Ogun State to withdraw their wards following the abduction of five pupils. The victims, which included three regular pupils and two other girls enrolled in the school for the Unified Tertiary Matriculation Examination coaching, were kidnapped at gunpoint on Friday, on the college’s premises. Narrating how ...

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Nigerian regulators should look critically into bitcoin – it has some merits

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Just as some Chinese investors are hedging against the sinking Yuan and restrictions on it with Bitcoin, many Nigerians are thinking of doing so, as well. But the government might not give them a chance. The Security and Exchange Commission (SEC) has warned Nigerians about investing in digital currencies such as Bitcoin. Reason: companies trading in Bitcoin are not recognized by ...

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MMM: SEC issues fresh warning

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The Nigeria Police Force has said it does not have any directive from the government to arrest operators or participants of the MMM, a Ponzi scheme. It also explained that it would not go after operators or participants in the scheme because no one had complained about being swindled by the programme. The police stated this on Saturday just as ...

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Non-academic varsity unions to start warning strike on Monday

President Muhammadu Buhari

Non-academic varsity unions to start warning strike on Monday The major non-academic unions in the nation’s university system have issued a notice to the Federal Government that they will embark on a five-day warning strike over the failure of the government to implement its 2009 agreements with the unions. ‎The unions are the National Association of Academic Technologists, Non-Academic Staff ...

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Ontario Oil MD faints in court after conviction for subsidy scam

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The Managing Director of Ontario Oil and Gas Limited, Mrs. Ada Ugo-Ngali, fainted on Friday at the Lagos State High Court in Ikeja after being convicted of N754m oil subsidy scam by the court. Ugo-Ngali, who had stood in the dock while Justice Lateefa Okunnu was delivering judgement in a N1.9bn subsidy scam pressed against her and three others by ...

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EFCC witness admits constructing houses, Mosque, Churches for Badeh

Badeh

The 13th prosecution witness, Joseph Okpetu, told a Federal High Court on Friday that he renovated houses, built churches and mosque for former Chief of Defence Staff case, Alex Badeh. Okpetu, in his resumed testimony before Justice Okon Abang, said he constructed Badeh’s Yola mansions worth N150 million between 2008 and 2012. He said that he was contracted to renovate ...

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BoI to finance only NAFDAC certified products

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The Bank of Industry (BoI) on Friday said that it would not finance products not certified by the National Agency for Food and Drug Administration and Control (NAFDAC). The Acting Managing-Director of the bank, Mr Waheed Olagunju, made this known in Lagos during the signing of a Memorandum of Understanding (MoU) between the bank and NAFDAC. “It is only certified ...

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Buhari fails to stop killings by herdsmen, others –BBOG

President Muhammadu Buhari

The #BringBackOurGirls coalition has criticised President Muhammadu Buhari for failing to check killings by Fulani herdsmen in Southern Kaduna and by the military in other parts of the country. It demanded that the President should visit Kaduna State to assess the situation for himself and thereafter, ensure a quick stabilisation in the area to pave way for peace and reconciliation. ...

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Investors stranded as MMM reopens

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Mavrodi Mondial Moneybox, a Ponzi scheme known simply as MMM, on Friday opened for business after one month of break, but investors in the scheme have remained stranded as they still cannot access their funds. MMM had announced the resumption on its Twitter handle, saying it was “now open” even though it had initially promised to reopen today, Saturday, January ...

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Fayose hails National Assembly for rejecting Buhari’s anti-people policies;

Governor Ayo Fayose

* Says; “It is vote of no confidence” Ekiti State Governor, Mr Ayodele Fayose has hailed the National Assembly for standing firm against the anti-people policies of the President Mohammadu Buhari-led All Progressives Congress (APC) in recent times, saying; “persistent rejection of the President Buhari’s policies by a National Assembly that is controlled by his own party is an indirect ...

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