EFCC Secures Final Forfeiture Of 20 Choice Properties, 10 Vehicles Of Arthur Eze The Economic and Financial Crimes Commission, (EFCC) has secured the final forfeiture of 20 properties and 10 vehicles of Arthur Eze, a Nigerian businessman and CEO of Atlas Oranto Petroleum. This was announced in a statement released by the agency on Monday, saying the forfeiture order was pronounced by the Court of Appeal, Abuja. The agency added that the recovered properties, 10 vehicles including three princely wristwatches, were from two brothers, Olisaebuka Eze and Onyeka Nnadozie Eze for a petitioner, Arthur Eze. The statement read, “In a…
Author: Ibom Focus
BREAKING: Benin Defeat Nigeria The Cheetahs of Benin on Monday defeated the Super Eagles of Nigeria 2-1 in a 2026 World Cup qualifying match. The loss means the Super Eagles remain without a victory in four matches in the qualifying series, after drawing their first three games. Details later…
BREAKING: Tripartite Committee On Minimum Wage Submits Report The tripartite committee set up by the federal government to review the minimum wage for workers has submitted its report to George Akume, secretary to the government of the federation (SGF). A statement issued on Monday by Segun Imohiosen, director of information and public relations in the office of the SGF, said a formal presentation of the report will be made to President Bola Tinubu soon. More to follow…
JUST IN: Minimum Wage: Labour Rules Out Strike Action On Tuesday The Nigeria Labour Congress has ruled out strike action scheduled for tomorrow, Tuesday, to demand a new national minimum wage. The NLC President, Joe Ajaero, made this known on Monday during the ongoing International Labour Conference taking place in Geneva, Switzerland. According to the Guardian, Ajaero said organised labour cannot embark on strike tomorrow because the figures presented by the Tritiparte committee on minimum wage are with President Bola Tinubu. He clarified that the submission of N62,000 as proposed by the government and the organized employers’ body with labour…
Video: Drama As Super Eagles Recite Old National Anthem Super Eagles of Nigeria on Monday before the 2026 World Cup qualifier match against Benin Republic were seen reciting the old national anthem, ‘Arise O’ Compatriot’. oladapomikky1 pic.twitter.com/jv9Wxpz0p6 The host had the old national anthem played for the Nigerian team with some social media users insinuating that Benin Republic is unaware that the county has had a change of national anthem. President Bola Tinubu on May 29, signed the National Anthem Bill 2024 into law. The bill reinstated the old anthem, “Nigeria, We Hail Thee.” Meanwhile, Coach Finidi George has made…
JUST IN: CBN Speaks On plan to revoke Wema, Polaris, Unity, Fidelity Licences There is no plan to revoke the operating licences of Fidelity, Wema, Polaris and Unity Banks, the Central Bank of Nigeria has said. The Acting Director of Corporate Communications of CBN, Mrs. Hakama Sidi Ali clarified, in Abuja, this afternoon, that the rumour of CBN’s plan to revoke the licences of the above banks were false. She also noted that a circular issued by CBN on January 10, 2024, notifying the public about the dissolution of the Boards of Union, Keystone, and Polaris Banks, was being re-circulated…
Lagos Stands Still, As Obi, Onyema, Shagaya, Others Celebrate MAN Boss, Lady Ada It was indeed a pomp and pageantry Saturday night, as Victoria Island area of Lagos State, Nigeria, agog for an enigma, a woman of substance, an iconic Woman entrepreneur, who has made the country proud with topnotch economic aura. Lady Ada Chukwudozie, fondly called ‘Lady Ada’ or ‘Ada Dozzy’ by business associates and friends, clocked 52 years on Friday, 7th June, 2024 and was treated to an impressive display of ceremonial grandeur, Saturday night, in Lagos State. Lady Ada is the Chairman, Manufacturers Association of Nigeria, MAN,…
Four Banks Loan Nigerian Government N2.8Trillion A review of financial statements of banks has shown that the Nigerian government (local, state and federal government) borrowed the sum of N2.8 trillion from four banks between 2022 and 2023. The review shows that in 2023, governments at different levels accounted for 12.4% of the N7.06 trillion loans given by the Zenith Bank in the fiscal year, representing N875 billion in total. In 2022, the bank loaned out 12.9% of its total N4.12 trillion portfolio to the government, totalling N531 billion granted to the government as loans. In 2023, the United Bank for…
BREAKING: Wike Wins Again As Court Dismisses Suit Seeking To Declare 25 Rivers Assembly Seats Vacant A Rivers State High Court in Port Harcourt has dismissed a suit seeking to vacate the seats of 25 assembly members who defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC). The lawmakers are known to be loyal to FCT Minister Nyesom Wike. On Monday, June 10, Justice Okogbule Gbasam delivered the judgment, stating that the claimants failed to provide sufficient proof that the defendants had indeed switched their allegiance to the APC. Therefore, the court ruled that the lawmakers…
‘I Want Man Who’ll Give Me N20m After…. – Yvonne Jegede Popular Nollywood actress Yvonne Jegede has revealed her ideal man. The movie star said she fancies empathic men who would grant her financial requests above her demands without questions. She disclosed this in a recent episode of ‘The Honest Bunch’ podcast. “Person wey get good mind na im I dey find. Because if you get good mind, you get empathy, if I say ‘Baby please, give me N1 million’, you fit give me N20 million,” she said. “But if you no get empathy, you go ask me first of…