• EFCC docks ex-Naval Chief, others for N600m fraud

    EFCC docks ex-Naval Chief, others for N600m fraud

    It was gathered that the Economic and Financial Crimes Commission on Tuesday arraigned a former Chief of Naval Staff, Vice Admiral Usman O. Jibrin, and two others – Rear Admiral Bala Mshelia (rtd) and Rear Admiral Shehu Ahmadu (rtd) – before Justice A. S. Umar of the FCT High Court sitting in Maitama, Abuja on a four-count charge bordering on criminal conspiracy.

    They were docked alongside Habour Bay International Limited.

    The naval chiefs whilst in office allegedly bought a house worth N600 […]

  • Check Out Cristiano Ronaldo’s New Bugatti Veyron Worth N600m (Photos)

    Check Out Cristiano Ronaldo’s New Bugatti Veyron Worth N600m (Photos)

    To have money is really a great thing in life! Real Madrid ace, Cristiano Ronaldo has bought himself a brand new Bugatti car worth N600 million.

    Portuguese and Real Madrid star, Cristiano Ronaldo has spoilt himself after the Euro 2016 triumph in France by acquiring a new Bugatti Veyron 16.4 Grand Sport worth £1.7million (N600m).

    Ronaldo who has been on holiday in Ibiza with his family took to Instagram to break the news. He shared photos of his new acquisition.

    The black 16.4 […]

  • Military owes N600m electricity debt in Lagos – Eko DISCO

    Military owes N600m electricity debt in Lagos – Eko DISCO

    Eko Electricity Distribution Company (DISCO), yesterday disclosed that the estimated debt accumulation from military formations within its network is about N600 million.

    Managing Director of the company, Oladele Amoda, who made the disclosure in a statement, said about 60 per cent of the debt was being owed by the army, while about 30 and 10 per cent respectively, are shared by the Navy and Airforce.

    Irked by this development, Amoda said the company is planning to install bulk pre-paid meters in all […]