The Auditor General of the Federation (AuGF), Mr. Samuel Ukura, has disclosed that 20 auditors trained in oil and gas auditing from his office are currently working on the accounts of the Nigerian National Petroleum Corporation (NNPC). Ukura disclosed this yesterday when he appeared before the House of Representatives Public Accounts Committee (PAC) to defend the 2013 and 2014 budget ... Read More »
Category Archives: Business
E-X-P-O-S-E-D: Nigeria’s Accountant-General, Jonas Otunla, NAICOM In Alleged Record-Breaking N3.54billion Scandal.
This is a PREMIUM TIMES Exclusive, its quite expository and well detailed…A great expose of another level of corruption and fraud in the financial sector, read full details below: PREMIUM TIMES Report: It appears a new kind of fraud in Nigeria. A contract was duly awarded by government to some private firms. But when it was time to make payment ... Read More »
LASAA To Host Africa’s Biggest Signage And Outdoor Conference And Exhibition In Lagos
Lagos State Signage and Advertisement Agency (LASAA) is to host Africa’s most anticipated signage & outdoor conference and exhibition at Eko Hotel Convention Centre, Victoria Island, Lagos, between June 22 – 27th this year. The initiative, the first of its kind in Africa, is tagged “Sign and Outdoor Conference & Exhibition Africa (Lagos 2014)”. In addition to 4,000 visitors expected ... Read More »
CBN Gov’s Suspension: Court declines to re-instate Sanusi
Suspended Governor of the Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi’s bid to return to office suffered a setback,Wednesday as the Abuja Division of the Federal High Court, dismissed an ex-parte motion that sought for his immediate reinstatement. In a ruling, Wednesday, Justice Gabriel Kolawole, said it would not be in the interest of justice for him to grant ... Read More »
EFCC Arraigns 1st bank staff for N2.1m Fraud
The Economic and Financial Crimes Commission, EFCC, on February 25, 2014 arraigned one Kanu Jacob Okoro before Justice S.M Shuaibu of the Federal High Court, Owerri, Imo State on a 5-count charge of conspiracy and obtaining money under false pretence. Okoro, a staff of First Bank Nigeria Plc is alleged to have fraudulently collected the sum of N2.1 million from ... Read More »
GTBank commences plans for its 4th Annual Autism Seminar
Foremost African banking group; Guaranty Trust Bank plc has began preparations and announced the theme for the Bank’s 2014 Autism Awareness program. The initiative themed “On the road to future inclusion” will take place from March 22nd to April 2nd, 2014. This will be the 4th edition of the programme which the Bank introduced ... Read More »
Bank Of Industry and Heritage bank Mds lead speakers to Sme Seminar in Lagos tomm
Nigerian small and medium scale enterprises will on Thursday February 27, 2014 at The Regent, GRA Ikeja Lagos be availed the opportunity of accessing 3.5million pounds sterling UK Aid SME Challenge funds to enhance productivity and competitiveness. The SME forum for retail and distribution trade will among others provide business solutions to business men and women from various categories ... Read More »
Union bank Again!EFCC Charges 3rd staff in 2 weeks for fraud of 150m
The Economic and Financial Crimes Commission, EFCC, on Tuesday, February 25, 2014 arraigned Akindoyin S. Kehinde a former employee of Union Bank Plc before Justice Mohammad Ishaq Sani of the Federal High Court, Akure, Ondo State. The accused was docked on one count charge bordering on failure to exercise due diligence before confirming payment of one hundred and forty six ... Read More »
Dangote slashes cement price at Kaduna Int’l Trade Fair •Gets presidential kudos
Dangote Cement has slashed cement price in an ongoing promo at the 35th Kaduna International Trade Fair. Customers will have the opportunity of buying the discounted product at the company’s pavilion, Dangote Cement Regional Sales Manager Obasola Alo said. He explained that the promo liberalises the extant policy where customers who intend to buy directly at factory price could only ... Read More »
SEXUAL HARASSMENT Tales ROCK 7-UP ABUJA
According to Paparazi Magazine The Abuja branch of the Pepsi-7up company is currently in a rough battle with one Madam Comfort Uwajeh Oladipo who has alleged sexual harassment, grievous violation of her rights and illegal termination of the contract she entered with Pepsi-7up Company as a sole operator of the company’s Canteen located at Idu Yard, Abuja. Madam Gloria ... Read More »