Copy of i-MATCH LOGO light green
Be part of change

PRESS RELEASE:N5.2B REA Fraud; You Have A Case To Answer, Court Tells Ugbane

Author: Femi Babafemi, Head, Media & Publicity |

Hard-fighting former Senate committee chairman on power, Senator Nicholas Ugbane on Monday November 1st, lost a major bid to quash the amended 65 count charges preferred against him by the Economic and Financial Crimes Commission, EFCC, as an Appeal Court sitting in Abuja dismissed his suit seeking to quash the case against him. Ugbane filed an application before Justice Jimi Olukayode Bada claiming that, as a serving Senator with the privilege of immunity, the EFCC’s charges against him were ineffectual and could not establish a prima facie case against him. Read on...

Press Statement on the Recent Sacking at the NSE

Author: Festus Keyamo

On Thursday, 5th August 2010, the Director General of the Securities and Exchange Commission (SEC), Ms. Arunma Oteh, and some of her senior staff, leading about 150 heavily armed security personnel (members of Mobile Police Unit of The Nigeria Police Force and the State Security Services {SSS}), invaded the premises of The Nigerian Stock Exchange in military Commando fashion and through brute force usurped the powers of the Council and Management of The Exchange. As we speak, there is still a detachment of these security agencies stationed inside the offices of The Exchange. Read on...

EFCC arrests Nigeria Premier League boss

Author:Tunde Eludini

The Economic and Financial Crimes Commission (EFCC) yesterday arrested Davidson Owumi, Chairman of the Nigeria Premier League board, over allegations of corrupt practices while he was in charge at Rangers International Football Club, Enugu. Read on...

Cecilia Ibru forfeits N191bn assets, gets 18 months jail term

Author: Tony Amoleodo and Ademola Alawiye

A Federal High Court in Lagos on Friday sentenced a former Chief Executive Officer of Oceanic Bank International Plc, Mrs. Cecilia Ibru, to 18 months imprisonment without an  option of fine for granting $20m and N2bn credit facilities above the approved  limit by the Central Bank of Nigeria. Read on...

[Home] [About Us] [Publisher Corner] [Hot News] [Contact Us] [Events] [Humor/Jokes] [Volunteer] [Submit Article]