Category: Finance

  • A Very Painful Lesson My Mother Learnt The Hard Way – Harry Daniyan

    My mother graduated in 1965 & got a teaching job at Government College, Ibadan. The teachers were given car loans & she bought a brand new Opel Kadett. They were to pay back the loan over 4 years.However, one of the teachers took half of the money the others took as loan. Bought a fairly…

  • Nigerian Businesswoman Bought Portuguese Football Club.

    Nigerian business mogul Nneka Ede has recorded her name in the history books by becoming the first African woman to own a European club after buying Portuguese side Lusitano GC. This is an incredible achievement for Ede who is said to have been monitoring the development of the Portuguese side for years before she spent…

  • Buhari directs ministries to take inventory of indigenous inventions

    The President of Nigeria, Muhammadu Buhari has directed the Federal Ministry of Science Technology to take full inventory of all indigenous inventions and innovations. Sofonews.ng gathered that the order was given to the ministry for possible assistance to inventors and innovators in the bid to reposition the economy. Usman Dalhatu, a Chemical Engineering student of…

  • MAGU SPENDS 5 DAYS IN DETENTION

    Mr. Ibrahim Magu is being investigated by a presidential panel over allegations of misconduct as acting chairman of the EFCC. M.r Ibrahim Magu, who is believed to have been removed from office as acting chairman of the Economic and Financial Crimes Commission (EFCC), is spending a fourth day in the custody of the Nigeria Police.…

  • Another pandemic outbreak has killed 12 people in cameroon

    A recent outbreak called cholera has killed 12 people in the fishing village of Londji in Southern Cameroon, local health authorities said Wednesday. Officials are calling for urgent action to be taken in order to contain the spread of the pandemic which they blame on poor hygiene conditions by the villagers. The officials also announced…

  • FIRS Extends Debt Payments to August 31

    The Federal Inland Revenue Service has extended the closing date of its waiver of penalty and interest window on tax debts owned by individuals and businesses from June 30, 2020 to August 31, 2020. The FIRS Executive Chairman, Muhammad Nami, revealed this in a statement issued on Wednesday by the agency’s Director of Communications and…

  • Federal Government to replace collapsed Plateau bridge.

    Sofonews.ng reported that the Federal Government has said that it will build a concrete bridge over the Wase Waterways in Wase Local Government Area of Plateau State, as a replacement for the recently collapsed Wase Bridge in the State. The Minister of Works and Housing, Mr Babatunde Fashola, said this on Tuesday, in a statement…

  • DSS denies arrest of EFCC acting chairman, Ibrahim Magu

    The Department of State Services (DSS) has refuted some media reports that it arrested Ibrahim Magu, the acting chairman of the Economic Financial Crime Commission (EFCC). This was contained in a press statement made available to Vanguard in Abuja on Monday by Peter Afunanya, the Public Relations Officer, Department of State Services. The statement titled;…

  • Dubai Police hands over Hushpuppi to FBI in US

    According to Vanguard news, Dubai police, Thursday handed over a suspected internet scamster and an Instagram influencer, Raymond Abbas, aka Hushpuppi, to the Federal Bureau of Investigation, FBI, in the US. Hushpuppi who has been accused of scamming people via the internet was arrested 10th of June in Dubai. Appreciating Dubai police for the role…

  • Hushpuppi, gang defrauded 1,926,400 people, made N168bn – Dubai Police

    ‌According to Punch Newspaper, The Dubai Police Force, United Arab Emirates, has revealed how it arrested Nigerian Instagram celebrity, Ramon Abass, aka Hushpuppi. In a video released on its official Twitter handle on Thursday, the Middle-East police said a special team had been tracking the suspect and his gang’s activities on social media for about…