Tunde Ayeni Not Arrested by EFCC

…He personally walked in for interrogation Mr Tunde  Ayeni, the former Chairman of Skye Bank, was not arrested and detained by the Economic and Financial Crimes Commission (EFCC), a senior officer of the anti-graft agency has said. A senior officer of the EFCC, who craved anonymity, disclosed to Global News Correspondent on Wednesday evening that Mr Ayeni was not detained by the commission, but only appeared on invitation for a brief… Continue Reading

Desarrollar Partners with Top Firms to Improve Real Estate Solutions

Desarrollar Limited a lifestyle and leading real estate solutions company in Lagos, Nigeria has partnered with Union Trustees Limited, First Bank Trustees Limited and Banwo & Ighodalo  and The Lodt Legal Partners to improve real estate services and solutions. The partnership which was signed on Monday, in Lagos, will unveil Nigeria’s most secure and institutionalized real estate trust consortium aimed at safeguarding the financial investments of Nigerians and Africans living… Continue Reading

Applications for Tony Elumelu Foundation Entrepreneurship Programme 2019 Opens on TEFConnect

On the 1st of January 2019, at 12am, WAT, the Tony Elumelu Foundation will begin accepting applications for the fifth cycle of its Entrepreneurship Programme. 1,000 selected applicants will join the current 4,470 beneficiaries of the Programme. Since 2015, the TEF Entrepreneurship Programme – the only African-funded entrepreneurial catalyst of its kind – has empowered 4,470 African entrepreneurs, with seed capital of $5,000 each; twelve weeks of accelerated online business… Continue Reading

Ajudua duped me into paying $8.4m to help influence trial judge –Bamaiyi

A former Chief of Army Staff, Gen. Ishaya Bamaiyi, on Monday narrated to a Lagos State High Court how he was defrauded of $8.4m by an alleged fraudster, Fred Ajudua, on the pretext of influencing a trial judge handling the general’s case. Ajudua is being tried by the Economic and Financial Crimes Commission for allegedly defrauding Bamaiyi of $8.4m while the duo were at Kirikiri Prison, Lagos. The EFCC said… Continue Reading

Habari, Nigeria’s Largest Platform for Music, Shopping, Lifestyle Content and More, Goes Live

Leading African financial institution, Guaranty Trust Bank plc, has announced the launch of Habari, Nigeria’s largest platform for music, shopping, lifestyle content and more. Unveiled on Friday, November 23, 2018 at a special event attended by renowned personalities in the entertainment, media and technology sectors, Habari offers users direct access to the largest catalogue of local and foreign music online, a seamless shopping experience and an exciting way to connect… Continue Reading

12 Finalists Selected in UBA Foundation National Essay Competition 2018 amidst Increase in Entries

UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has announced the twelve finalists for the 2018 edition of its annual National Essay Competition. The 12 finalists will sit for the second round of the competition, where three winners will emerge after undergoing supervised essay writing on a different topic from the original entry, on Saturday November 25, 2018 at the Bank’s headquarters in… Continue Reading

PRESS RELEASE HOW I KILLED MY BOSS – Togolese Cook

  In keeping with its promise to brief members of the public of what, why and how Chief Opeyemi Bademosi, aged 67 years was killed at his No.3B, Onikoyi Lane, Parkview Estate, Ikoyi, Lagos, the Nigeria Police, Lagos State Command hereby gives a brief of what transpired in the deceased home on Wednesday, October 31, 2018. The journey that eventually ended the life of one Opeyemi Bademosi, a business mogul… Continue Reading

Muiz Banire Confirm As AMCON Chairman

The Nigerian Senate has confirmed Muiz Banire as chairman of the governing board of the Assets Management Corporation of Nigeria (AMCON). Banire, a senior advocate of Nigeria (SAN), was nominated for the position by President Muhammadu Buhari in July. The former legal adviser of the ruling All Progressives Congress (APC) was confirmed after a report was presented by Rafiu Ibrahim, chairman senate committee on banking, insurance and other financial institutions…. Continue Reading

Tony Elumelu Foundation and GIZ partner to Empower Young Entrepreneurs across East and West Africa

The Tony Elumelu Foundation (TEF), Africa’s leading entrepreneurship philanthropy, is partnering with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the German Government’s Agency for International Cooperation. GIZ will support the Tony Elumelu Foundation Entrepreneurship Programme to empower 210 young African entrepreneurs, focusing specifically on female entrepreneurs and tech-enabled businesses. The Entrepreneurship Programme of TEF was launched in 2015, having supported more than 4,000 entrepreneurs with seed capital pan-African wide. The… Continue Reading

Money Laundering …How Lagos Lawmakers Conspire with First Generation Bank to Loot Tax Payers’ Money

Shocking and empirical facts have emerged on how members of the Lagos State House of Assembly conspire with a first generation bank (names withheld) in the State to loot tax payers’ money. Despite the All Progressives Congress (APC) claim of zero tolerance for corruption, it is disheartening Lawmakers of the same ruling party act in sharp contrast to what the party claims to stand for. An exclusive investigation made by… Continue Reading

Before we crucify Tunde Ayeni, By Obafemi Ajayi

* How He Secured A Multi-Billion Naira Loan To Finance The Revival Of Moribund Government-Owned NITEL and Yola Disco + How government’s refusal to honour contractual agreements ran him into monumental debt It wouldn’t be hyperbolic to say that Dr. Tunde Ayeni has a patriot’s heart and the soul of a revolutionary. This is to assert the fidelity and stoic perseverance of the genius within the footholds of power and… Continue Reading

Full Text: Kemi Adeosun’s resignation letter to Buhari

 14th September, 2018 His Excellency Muhammadu Buhari President, Federal Republic of Nigeria State House Aso Villa Abuja Dear Excellency, Let me commence by thanking you profusely for the honour and privilege of serving under your inspirational leadership. It has been a truly rewarding experience to learn from you and to observe at close quarters your integrity and sense of duty.  I have, today, become privy to the findings of the… Continue Reading

Breaking: Exclusive: Finance Minister, Kemi Adeosun Resigns

The Finance Minister, Mrs Kemi Adeosun, may have resigned her position in President Muhammadu Buhari’s Federal Executive Council, according to credible source from the Finance Ministry. Mrs. Adeosun’s resignation, the source further informed, is not unconnected to the barrage of controversies surrounding her National Youth Service Corps (NYSC) certificate of which she claimed to be tired of. It is believed that the sensitive nature of her office as the Finance… Continue Reading

Sodom’ in the Garden City: Coded Port Harcourt hangout where rich, horny women hire men for sex

The name Port Harcourt represents many things to diverse individuals. While to some it is no more than another urban centre in Nigeria, to others, it is the land where ‘milk’ and ‘honey’ flows. The capital of one of the country’s largest oil-producing states, the town fondly dubbed ‘Garden City’ by its teeming admirers, is not only revered by many within and outside it but also regarded as a place… Continue Reading

APC, PDP Equally Corrupt at All Levels, Says Carnegie Endowment

Muhammadu-Buhari Lists 20 sectors vulnerable to corruption, including media APC dismisses report as nonsensical PDP rejects allegations, says party has since re-positioned itself Bayo Akinloye A report on corruption by the Carnegie Endowment for International Peace has slammed the ruling All Progressives Congress (APC) and the main opposition Peoples Democratic Party (PDP) as being corrupt and inclined to using political power to steal public resources. The report titled, “A New… Continue Reading

Ajimobi Set Us Up………..Ayefele

The saga between the Oyo State government and popular singer Yinka Ayefele seems to be far from over after the state government partially demolished the singer’s Music House on Sunday. The demolition sparked a public outcry and on Thursday, the governor set up a meeting with the singer, his younger brother and his publicist. Ayefele gave details of the meeting through his publicist, David Ajiboye. He made it known that… Continue Reading

Oyo govt demolishes Ayefele’s Music House

Tears and lamentation flow freely on the cheeks of residents of challenge,  delete areas of Ibadan as Oyo government on Sunday morning demolished headquarters of Ibadan based radio station, popularly called Music station, Fresh FM owned by musician, Yinka Ayefele, MON. Nigerian Tribunelearnt that the bulldozer arrived at the premises of the radio station around 4:30am on Sunday in company of a full white hummer bus of officers of the… Continue Reading

2019: LAGOS APC RESOLVE TO ELECT CANDIDATES THROUGH DIRECT PRIMARIES

…To Commence Registration Of New Members, As Tinubu Insist Party Intact …Ambode Lauds Decision, Says Resolution‘ll Deepen Democracy  The Lagos State chapter of the All Progressives Congress (APC) on Tuesday resolved to elect candidates who will fly the flag of the party at next year’s general elections through direct primaries which will involve all members of the party.  To this end, the party said it would immediately commence the process… Continue Reading

DOCUMENTS: Kemi Adeosun’s fake NYSC certificate and other credentials

As the world awaits the explanation of Finance Minister, Kemi Adeosun, over a PREMIUM TIMES exclusive report that she skipped Nigeria’s one-year mandatory national youth service scheme and then forged an exemption certificate, this newspaper has decided to release her entire credentials to the public. We are releasing the documents exactly as she submitted them to President Muhammadu Buhari (before her nomination), the State Security Service (for credential and security scrutiny) and… Continue Reading

EXCLUSIVE: Finance Minister Kemi Adeosun skips NYSC, forges certificate

Nigeria’s Finance Minister, Kemi Adeosun, did not participate in the mandatory one-year national youth service scheme. Instead, she forged an exemption certificate many years after graduation, PREMIUM TIMES can authoritatively report. The year-long service, organised by the National Youths Service Corps (NYSC), is compulsory for all Nigerians who graduate from universities or equivalent institutions at less than 30 years of age. In addition to being a requirement for government and… Continue Reading

BREAKING: Court grants Dasuki N200m bail

The Federal High Court in Abuja on Monday granted bail to the immediate-past National Security Adviser, Col. Sambo Dasuki (retd), from the custody of the Department of State Services where he had been detained for two and a half years. Delivering judgment in the suit filed by the ex-NSA in March this year, Justice Ijeoma Ojukwu ruled that his detention since December 29, 2015, amounted to a violation of his… Continue Reading

FRENCH PRESIDENT Emmanuel Macron TO VISIT FELA’S SHRINE

 TO OPEN NEW-LOOK ALLIANCE FRANCAISE FACILITY IN LAGOS  A swell moment awaits the French President, Emmanuel Macron, in Lagos, Nigeria, this week, after a brief visit to President Muhammadu Buhari in Abuja. He is expected to touch down in Abuja at about 2.30 pm on July 3, 2018, and move straight to the Presidential villa. President Macron will depart to Lagos at 5pm. That evening, he will be treated to… Continue Reading

Public Affairs Analyst, Segun Sowunmi Unveiled as Atiku Campaign Spokesman

Ace Public affairs analyst, Segun Showunmi has been appointed as the official Spokesperson of the Atiku Presidential Campaign Organization. Showunmi who was Special Assistant and Deputy Chief Press Secretary to the former Governor of Ogun State, Otunba Gbenga Daniel had served in various political capacities including the Jonathan/Sambo Campaign in 2011 . By his appointment, he is expected to bring his experience to bear, especially having also worked as Director… Continue Reading

Innoson Fears Contempt of Court Charges, Deletes False Claim on Supreme Court from Social Media

After falsely claiming a victory at the Supreme Court of Nigeria, Chairman of Innoson Motors, Dr Innocent Chukwuma has deleted his declaration on social media that the apex court has ordered GTBank to pay him N14bn within 14 days. The retraction, judicial analysts believe, was advised by Innoson’s lawyers who fear that contempt of court charges on defaming the Supreme Court may be brought against the embattled businessman. Innoson had earlier on… Continue Reading

20 Budding Nigerian Writers Make it to Next Stage of The GTBank Dusty Manuscript Contest

After spending several weeks poring over more than 1000 stories submitted for the Dusty Manuscript Contest, the judges of the competition have selected their top 20 entries. The selected entries are:  Devil‘s Pawn by Kukogho Iruesiri Samson  Home to the hill by Eunice Ekelaka  Sambisa by Mohammed, Fatima Aliko  The Smell of rain by Nneoma Otuegbe  Omon by Henri Yeri  The Orchid Protocol Onochie… Continue Reading

$25bn contract row: NNPC to close multiple accounts

Following the $25bn contract row that ravaged the Nigerian National Petroleum Corporation (NNPC), the corporation will now go into the Treasury Single Account (TSA) and all its multiple accounts closed. A government source reportedly said “The President is actually not blind to the rot in NNPC, and he is addressing the challenges gradually. He is not granting anybody indulgence in the corporation. For instance, the President has directed the NNPC… Continue Reading

IMMEDIATE PAST NASS FINANCE SECRETARY LASISI BUKOYE IN FRAUD SCANDAL

  The National Assembly of Nigeria has lately been in the news for all the wrong reasons. From the invasion of the Senate and snatching of the mace to financial corruption, Nigerians are aghast that the national assembly management is now synonymous for financial graft. Two months ago, Alhaji Lasisi Bukoye secretary of Finance and Accounts Directorate retired from service. Alhaji Bukoye had served in all the juicy positions during… Continue Reading

ADVANCED CLASS/CRASH CLINIC ON LANGUAGE USE & REPORTORIAL SKILLS

After the experimental programme called “4-Week Free Basic Clinic – With The FAJ” (on Language Use and Reportorial Skills) – where over 175 persons, mostly professionals, have been admitted so far – it has become compelling to dig deeper and aim higher! The outcome of these online interactions exposed to me the gaping gaps that we need to fill in the work ethics, capacity, techniques and adaptability of the Nigerian… Continue Reading

The 2018 GTBank 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 1 st , 2018, the third edition of the GTBank Food and Drink Fair will bring together small businesses in Nigeria’s food sector, more than… Continue Reading

Abacha loot: Adeosun blocks $16.9m payment to Malami’s lawyers

Minister of Finance, Mrs Kemi Adeosun, has refused to approve the payment of $16.9 million fees to two lawyers for the recovery of Abacha loot worth $321 million. Adeosun also wrote a strongly-worded letter to President Muhammadu Buhari, raising objections to the payment. Meanwhile, the recovered sum, according to online platform, TheCable,  has been repatriated to Nigeria by the Swiss government, following the execution of the memorandum of understanding, MoU,… Continue Reading

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