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  As details emerged on the events surrounding Ibrahim Magu, the embattled acting chairman of the Economic and Financial Crimes Commission, the  Department of Security Service (DSS) on Monday barred journalists from having access to Conference Centre of the State House, where he being interrogated by a Presidential probe panel, over alleged corruption.   Journalists […]

The Economic and Financial Crimes Commission (EFCC) has dismissed reports about the alleged arrest of its acting chairman, Ibrahim Magu by the Department of State Service (DSS) saying he just honoured a panel invitation.   “Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr.  Ibrahim Magu on Monday, July 6, 2020, honoured an […]

The Edo State Government has expended over N4.3 billion in clearing the backlog of outstanding pension arrears owed about 3,128 pensioners in the state.   The state government also spent N25, 047,472,632.77 in the monthly pension payment of 13,081 pensioners from November 2016 to May 2020, it said in an emailed statement.   It was […]

In what some people say was overdue in coming, Ibrahim Magu, Acting Chairman of Nigeria’s Economic and Financial Crimes Commission, EFCC, was reportedly arrested on Monday by the Department of State Service (DSS) over allegations that he owns four properties and was also allegedly transferring funds abroad through an agent.    But the Spy Police […]

BUA Cement, one of West Africa’s largest Cement companies, says it is set to establish a three-million metric ton cement plant and 50 megawatts power plant in Guyuk and Lamurde local governments of Adamawa state in the North-Eastern region of Nigeria. This was revealed when the Chairman of BUA, Abdul Samad Rabiu, led the BUA […]

www.www.aso.rocks search engine can disclose that Ibrahim Magu, Acting Chairman of the Economic and Financial Crimes Commission, has been arrested by the Department of State Services.   A source who pleaded anonymity informed www.www.aso.rocks search engine that Mr.Magu was arrested on Monday afternoon and is now undergoing interrogation at the DSS Headquarters In Aso Drive. […]Read More

Atlas Petroleum International over the weekend resumed workover activities and well interventions on Oil Mining Lease 109 in Nigeria in order to enhance production from the Ejulebe marginal field, the company announced in a statement Monday.   Awarded to Atlas Petroleum International in 1991, the block entered into production through the development of the Ejubele […]

Fidelity Bank Plc yesterday announced that appointment of the former pioneer Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Mustafa Chike-Obi as the new chairman of its Board of Directors. Fidelity in a statement, said, Mr. Chike-Obi, who is currently the Executive Vice-Chairman at Alpha African Advisory, replaces Mr. Ernest Ebi who […]

The candidate of the ruling All Progressives Congress (APC) in the September 19 Edo state gubernatorial election, Pastor Osagie Ize-Iyamu has been roiled by renewed allegations that he poured acid on a fellow student when he was an undergraduate at the University of Benin; allegations he strongly denies, saying he was just an innocent victim […]

The main opposition Peoples Democratic Party (PDP) has described the statement by the ruling All Progressives Congress (APC) linking prominent opposition members with the disgraced accused fraudster, Raymond Abbas, aka Hushpuppi, as reckless and irresponsible, saying it was another subterfuge to silence dissenting voices and critics of by the Buhari administration.   “Nigerians should not […]

  The House of Representatives joint Committees on Finance and Banking and Currency, which is chaired by Hon. James Faleke and Hon. Victor Nwokolo, is due to open hearings on the role 24 commercial and non-commercial banks as well as 14 international oil companies (IOCs) played in facilitating a whopping annual $30 billion revenue leakage […]