• 41-year-old businessman docked for allegedly beating 2 policewomen

    41-year-old businessman docked for allegedly beating 2 policewomen

    According to reports, the Police on Monday arraigned a 41-year-old businessman, Olawunmi Oladele, at an Ikeja Magistrates’ Court for allegedly fighting and beating two policewomen.

    Oladele, residing at Fagba area of Lagos, is being tried for breach of peace and assault.

    The Prosecutor, Insp. George Nwosu, told the court that the accused committed the offences on Oct. 12 at Iju in Agege, near Lagos.

    He alleged that the accused and one other person now at large, unlawfully assaulted two policewomen Insp. Patricia Okhide […]

  • Suspected kidnappers kill businessman after N500, 000 ransom

    Suspected kidnappers kill businessman after N500, 000 ransom

    Gunmen suspected to be kidnappers have allegedly murdered an Owerri-based businessman, Amaechi Ahanonu, after collecting N500, 000 as ransom from his family.

    The suspected kidnappers had on Monday morning, stormed the Ahanonu’s house in Amato Orogwe in the Owerri West Local Government Area of Imo State and whisked him away.

    It was learnt that the gunmen, who were armed, arrived the residence of the businessman and abducted him after shooting sporadically into the air.

    It was learnt that the kidnap victim was relaxing […]

  • EFCC arraigns businessman over alleged N4.5m fraud

    EFCC arraigns businessman over alleged N4.5m fraud

    According to reports, the Economic and Financial Crimes Commission (EFCC) yesterday arraigned one Ikechukwu Onyia Henry, a businessman, before an Enugu State High Court on a four-count charge bordering on obtaining money by false pretences and issuance of dud cheques to the tune of N4,500.000.

    The offence os contrary to section 1(2)(b) of the Dishonored Cheques (offences)Act, Cap D11, Laws of the Federation, 2004 and punishable under section 1(1)(b)(i) of the same Act.

    A statement from the South-east Zonal office of the […]

  • EFCC re-arraigns Indian businessman, three Bank PHB officials over N855m fraud

    EFCC re-arraigns Indian businessman, three Bank PHB officials over N855m fraud

    According to reports, the Economic and Financial Crimes Commission (EFCC) on Tuesday re-arraigned an Indian businessman, Ashok Isran, over an alleged N855 million fraud.

    Isran was re- arraigned alongside his company, Nulec Industries Ltd., Bank PHB (now Keystone Bank) and three management staff of the bank — Anayo Nwosu, Olajide Oshodi and Sunny Obazee.

    The defendants were re-arraigned before Justice Kudirat Jose of an Ikeja High Court on an 11-count amended charge bordering on conspiracy and obtaining money under false pretences.

    The News […]

  • New Information Emerges About Businessman Who Stripped N*ked in Abuja Begging for His N34m (Photos)

    New Information Emerges About Businessman Who Stripped N*ked in Abuja Begging for His N34m (Photos)

    There is new development about the man who caused commotion in Abuja some few days ago by stripping n*ked because a man owed him a huge sum of money.

    Some days ago, a businessman stripped n*ked at the gate of a rich man who allegedly owed him N34 million in Abuja, demanding for his money.

    More details about the incident and the man has been revealed.

    According to authentic sources, the man who stripped n*ked is a popular businessman known as Chief Peter […]

  • Billionaire businessman Prince Arthur Eze sprays bride and groom with wads of cash (photos)

    Billionaire businessman Prince Arthur Eze sprays bride and groom with wads of cash (photos)

    He isn’t spraying notes but wads! See the bride’s face…Lol. That is Prince Arthur Eze, a Nigerian oil tycoon, politician, philanthropist and the founder of oil exploration company, Atlas Oranto Petroleum

    His company owns several producing and non-producing oil and gas assets across Nigeria, Liberia, Equitorial Guinea and the Gambia. According to Forbes, last year, he donated $6.3 million (N1 billion) to flood relief efforts in Nigeria and also made donations to Nigerian universities. Definitely a man you would want at […]

  • Fed Govt floats visa-on-arrival policy for businessmen

    Fed Govt floats visa-on-arrival policy for businessmen

    The Vice President, Mr. Yemi Osinbajo yesterday said the Federal Government has set 2017 target for removing obstacles in doing business in the country.

    He said President Muhammadu Buhari gave a mandate to the Enabling Business Committee to improve the nation’s rating of the Ease of Doing Business before the end of 2017.

    He also said the government will soon introduce Visa-On-Arrival policy that will free up the process for investors and businessmen.

    Osinbajo made these disclosures in an off-the-cuff address at the […]

  • You Won’t Believe the Kind of Phones Billionaire Businessman, Otedola Was Seen Using (Photo)

    You Won’t Believe the Kind of Phones Billionaire Businessman, Otedola Was Seen Using (Photo)

    Nigerian billionaire businessman Femi Otedola, has been spotted using a kind of phone many would not expect him to use.

    Femi Otedola is considered to be one of Nigeria’s richest men.

    Otedola, a businessman and entrepreneur philanthropist is the chairman of Forte Oil Plc which is an importer of fuel products.

    He is thought to be one of the most successful businessmen in Africa.

    However, with all of his success, it seems the billionaire is not taken away with the glitz of modern day […]

  • EFCC declares businessman wanted over Diezani’s N23bn poll slush fund

    EFCC declares businessman wanted over Diezani’s N23bn poll slush fund

    The Economic and Financial Crimes Commission has declared billionaire businessman and Managing Director of Aiteo Group, Mr. Benedict Peters, wanted for his alleged role in the $115m (N23bn) bribe given to officials of the Independent National Electoral Commission by a former Minister of Petroleum Resources, Diezani Alison-Madueke, during the build-up to the 2015 election.

    The EFCC said in an official gazette signed by its spokesman, Mr. Wilson Uwujaren, that Peters was wanted for criminal conspiracy, diversion of funds and money laundering.

    The […]

  • FG arraigns businessman over Malabu oil deal scam

    FG arraigns businessman over Malabu oil deal scam

    A businessman, Mr. Aliyu Abubakar, who was named as a suspect in the investigation into an alleged fraud in the allocation of Oil Prospecting License (OPL) 245, has been charged with charges of criminal trespass into another person’s property in Aso Drive, Abuja.

    The Office of the Attorney General of the Federation filed two counts of criminal trespass and mischief against the businessman on July one.

    The accused will be arraigned on Wednesday (today) before Justice M. E Anenih who is currently […]

  • Nigerian businessman beaten to death in South Africa

    Nigerian businessman beaten to death in South Africa

    The Nigeria Union in South Africa on Wednesday confirmed the killing of a Nigerian businessman in Limpopo Province of South Africa on Tuesday.

    Collins Mgbo, Secretary of the Union’s chapter in Limpopo, told the News Agency of Nigeria (NAN) in Polokwane, Limpopo Province, that Ikejiaku Chinedu, 35, was killed by guards of a private security firm at about 8.00p.m.

    He said that the deceased was an indigene of Ogwa, Mbaitoli Local Government Area of Imo and married with three children.

    “One of our […]