• Obanikoro implicates Fayose, Omisore in fresh revelations about how N4.745billion was shared

    Obanikoro implicates Fayose, Omisore in fresh revelations about how N4.745billion was shared

    The detained former Minister of State (Defence) Musiliu Obanikoro yesterday made more revelations on how the N4.745billion wired to a company linked to him by the Office of the National Security Adviser (ONSA) was shared.

    The money comprised N4.685billon transferred to Sylva McNamara Limited and N60million ($5.77m) cash personally given to Ekiti State Governor Ayo Fayose by the ex-Minister.

    Fayose issued a statement yesterday, saying Obanikoro’s return from overseas was planned to nail him. He did not deny receiving money from the […]

  • How Obadina shared N2.4bn gotten from Dasuki – Witness tells court

    How Obadina shared N2.4bn gotten from Dasuki – Witness tells court

    The Economic and Financial Crimes Commission, EFCC, on October 4 presented its first witness, PW1, Umar Bello, in the trial of one Olugbenga Obadina, Chairman and Managing Director, Almond Projects Limited, who is facing an eight-count charge of fraud before Justice Nnamdi Dimgba of the Federal High Court, Abuja.

    Mr. Obadina allegedly collected money to the tune of N2.4 billion from the Office of the National Security Adviser, ONSA, under Col. Sambo Dasuki (rtd) for a phony contract.

    He was accused of […]

  • FG, States, LGs shared N2.53trn in 7 months – report

    FG, States, LGs shared N2.53trn in 7 months – report

    According to reports, the federal, states and local governments have shared N2.53 trillion as proceeds of revenues from the Federation Account from January to July, the News Agency of Nigeria (NAN) reports.

    The figures were derived from documents obtained from the Federal Ministry of Finance, showing that the total revenue generated for the months under review was N2.73 trillion.

    However, deductions were made for cost of collection to Nigeria Customs Service (seven per cent); Federal Inland Revenue Service (four per cent) and […]

  • See what Banky W shared about his current status

    See what Banky W shared about his current status

    The Last Man Standing! Lol. Bankole Wellington shared this photo of his married friends – Tunde Demuren, Ebuka Obi-Uchendu and Olamide Adedeji all sporting their wedding bands and wrote, ‘Last Man Standing? #TSquared2016 #GodWillProvide’

    The Last Man Standing! Lol. Bankole Wellington shared this photo of his married friends – Tunde Demuren, Ebuka Obi-Uchendu and Olamide Adedeji all sporting their wedding bands and wrote, ‘Last Man Standing? #TSquared2016