Money

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Court fines former first lady, Patience Jonathan, N50k for withdrawing her suit against EFCC

Justice S. Seidu of a Federal High Court sitting in Port Harcourt, Rivers State, has imposed a fine of N50,000 on former First Lady, Patience Jonathan, for withdrawing a suit...

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Federal Government gives Nollywood over N420m additional grant

The Federal Government says it has released the sum of N420.2 million to the Nigeria film industry (Nollywood) to improve and support aspiring practitioners. According to a...

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I will not relent in my fight against looters of our commonwealth- EFCC acting chairman says

Acting chairman of EFCC, Ibrahim Magu, says he will not relent in his fight against looters of the nation’s commonwealth. Magu said this when he spoke in an interactive...

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Steph Curry signs $201M extension deal, the richest contract in NBA history

NBA star, Stephen Curry of Golden State Warriors, has agreed to a five-year extension deal,  worth around $201 million, the richest contract in the league history. His agent Jeff...

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Kim K’s makeup line expected to net $14million within minutes of going on sale

It appears serial entrepreneur and reality star, Kim Kardashian has hit the jackpot once again. The 36yr old recently released promotional images for her KKW makeup line which...

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Access Bank, others take over Etisalat Nigeria over $1.72 billion (about N541.8 billion) debt

A group of Nigerian and foreign banks led by Access Bank PLC have taken over the management of Etisalat Nigeria following a collapse of efforts to reach an agreement with the...

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EFCC declares GEJ’s finance coordinator, Ngozi Olojeme, wanted over $48m

The Economic and Financial Crimes Commission, has declared wanted the Deputy Chairman, Finance Committee of the Goodluck Jonathan Presidential Campaign Organisation in 2015, Dr....

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Cristiano Ronaldo remains the world’s highest-paid athlete

According to Forbes, Real Madrid’s Cristiano Ronaldo banked $93 million over the past 12 months to retain the crown of the world’s highest-paid athlete for the second straight...

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$2.1b arms: Son of former Chief of Air Staff forfeits 20 exotic cars, house to FG

The son of a former chief of Air Staff who is currently standing trial for his alleged involvement in the misappropriation of the $2.1 billion arms deal fund, has reportedly...

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Judge orders final forfeiture of $43.4m, £27,800 & N23.2m found in Ikoyi apartment to the Government

EFCC just confirmed that a court has ordered the final forfeiture of the unclaimed “$43.4m, £27,800, N23.2m” found in a four bedroom apartment at Osborne Towers,...

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Uber losses $708 million in the first quarter of 2017

The Wall Street Journal last week reported that UBER didn’t make profit in the first quarter of the year. Now the company has just confirmed that it indeed lost a whooping...

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Reps summon Finance Minister, AGF over N17bn office equipment procurement

The House of Representatives Committee on Public Procurement has summoned the Minister of Finance, Kemi Adeosun, over allegations that N17 billion was used for the procurement of...

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Osinbajo’s aide reveals why he is yet to sign the 2017 budget

According to the media aide to acting president Yemi Osinbajo, Laolu Akande, some issues have been identified in the 2017 budget and the presidency and the National Assembly...

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Pastor defrauds Atiku Abubakar’s wife, Titilayo of N918 million

Former Vice President, Atiku Abubakar’s wife. Titilayo Abubakar has revealed how her business partner who is also a pastor defrauded her of N918 million because she trusted...

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Court adjourns further hearing in Patience Jonathan’s $5.8m till September 24th

Justice Mojisola Olaterogun of the Federal High Court sitting in Ikoyi, Lagos has fixed September 24th 2017 for hearing in the application by the Economic and Financial Crimes...

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Madonna tops list of America’s wealthiest female musicians in 2017, followed by Celine Dion, Barbara Streisand then Beyonce

American singer, Madonna tops the list of America’s richest female musicians in 2017 that’s just been released by Forbes. Madonna reigns with a whooping $580 million....

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Combined wealth of Dangote, Adenuga, Otedola, Alakija, Danjuma can end extreme poverty in Nigeria – Oxfam

The combined wealth of Nigeria’s five richest people, Aliko Dangote, Mike Adenuga, Femi Otedola, Folorunsho Alakija and Theophilus Danjuma, estimated to be almost $30billion,...

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Nigerian billionaire Igho Sanomi grants first ever interview to Forbes

Nigerian billionaire Igho Sanomi recently granted an interview to Forbes magazine where he talked about the real story of how he built his business and wealth. According to...

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Badeh paid his own companies over N157m for non existent contracts” – Witness tells court

A witness of the Economic and Financial Crimes Commission, EFCC, Kenneth Uchechuchukwu Osokogu, today told Justice Okon Abang of the Federal High Court, Abuja, how the Defence...

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N3bn fraud: Former Niger state governor, Babangida Aliyu arraigned in court

Former Governor of Niger State, Babangida Aliyu and his former Chief of Staff, Umar Nasko, were today arraigned in a court in Abuja over money laundering allegations. Babangida...