Nnaemeka Onyekachi, Author at Nairametrics Destination for Business news and analysis from Africa's largest economy Fri, 14 Jun 2024 12:58:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Nnaemeka Onyekachi, Author at Nairametrics 32 32 201037849 Nigerian Court discharges Tigran Gambaryan, Nadeem from FIRS tax evasion case against Binance  https://nairametrics.com/2024/06/14/nigerian-court-discharges-tigran-gambaryan-nadeem-from-firs-tax-evasion-case-against-binance/ https://nairametrics.com/2024/06/14/nigerian-court-discharges-tigran-gambaryan-nadeem-from-firs-tax-evasion-case-against-binance/#respond Fri, 14 Jun 2024 12:22:43 +0000 https://nairametrics.com/?p=491269 The Federal High Court on Friday discharged Tigran Gambaryan, a 39-year-old American, and fleeing Nadeem Anjarwalla from the  Federal Inland Revenue Service (FIRS) tax evasion case against the cryptocurrency exchange platform, Binance. 

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G7 partners pledges $420-million-dollar investments for Africa as Nigeria positions https://nairametrics.com/2024/06/14/g7-partners-pledges-420-million-dollar-investments-for-africa-as-nigeria-positions/ https://nairametrics.com/2024/06/14/g7-partners-pledges-420-million-dollar-investments-for-africa-as-nigeria-positions/#comments Fri, 14 Jun 2024 07:56:39 +0000 https://nairametrics.com/?p=491237 Leaders of the Group of 7(G7) countries held a meeting with Italian and United States private sector representatives resulting in a $420-million-dollar investment commitment towards African countries.

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FAAC: Supreme Court reserves judgment in Tinubu’s dispute with governors over 21% LGA allocations, others https://nairametrics.com/2024/06/13/faac-supreme-court-reserves-judgment-in-tinubus-dispute-with-governors-over-21-lga-allocations-others/ https://nairametrics.com/2024/06/13/faac-supreme-court-reserves-judgment-in-tinubus-dispute-with-governors-over-21-lga-allocations-others/#respond Thu, 13 Jun 2024 17:16:50 +0000 https://nairametrics.com/?p=491201 The Supreme Court of Nigeria has reserved judgment in federal government's suit which seeks to stop the governors of  36 states from spending or tampering with 20.6% allocation from the federation account to local government areas, among other reliefs.

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ICPC arraigns two REA officials over N426 million ‘fraud’ in agency https://nairametrics.com/2024/06/13/icpc-arraigns-two-rea-officials-over-n426-million-fraud-in-agency/ https://nairametrics.com/2024/06/13/icpc-arraigns-two-rea-officials-over-n426-million-fraud-in-agency/#respond Thu, 13 Jun 2024 17:11:29 +0000 https://nairametrics.com/?p=491199 Two REA officials have been remanded after taking their plea in a rural electrification supervision fraud case by the ICPC.

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Seplat ExxonMobil $1.28 billion deal gets boost as NNPC moves to withdraw lawsuit https://nairametrics.com/2024/06/13/nnpc-applies-to-withdraw-suit-challenging-exxonmobils-1-28-billion-asset-divestment-to-seplat/ https://nairametrics.com/2024/06/13/nnpc-applies-to-withdraw-suit-challenging-exxonmobils-1-28-billion-asset-divestment-to-seplat/#respond Thu, 13 Jun 2024 14:13:02 +0000 https://nairametrics.com/?p=491189 NNPC has filed a motion in the High Court of the Federal Capital Territory, Abuja, seeking to discontinue its ongoing legal action against several subsidiaries of Mobil Nigeria and the Nigerian Upstream Petroleum Regulatory Commission.

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Again, Yahaya Bello’s arraignment stalled at Abuja court over alleged N80.2 billion fraud https://nairametrics.com/2024/06/13/again-yahaya-bellos-arraignment-stalled-at-abuja-court-over-alleged-n80-2-billion-fraud/ https://nairametrics.com/2024/06/13/again-yahaya-bellos-arraignment-stalled-at-abuja-court-over-alleged-n80-2-billion-fraud/#respond Thu, 13 Jun 2024 10:17:33 +0000 https://nairametrics.com/?p=491173 Again, the planned arraignment of Yahaya Adoza Bello, a former Kogi State Governor before a  Federal High Court sitting in Abuja has stalled amid an N 80.2 billion fraud charge instituted by the Economic and Financial Crimes Commission (EFCC).

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N80.2 billion fraud: Yahaya Bello to be arraigned at Abuja court today https://nairametrics.com/2024/06/13/n80-2-billion-fraud-yahaya-bello-to-be-arraigned-at-abuja-court-today/ https://nairametrics.com/2024/06/13/n80-2-billion-fraud-yahaya-bello-to-be-arraigned-at-abuja-court-today/#respond Thu, 13 Jun 2024 06:36:38 +0000 https://nairametrics.com/?p=491156 Former governor of Kogi, Yahaya Bello is expected to be arraigned before the Federal High Court Abuja today.

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Tiv communities seek remedy over ‘government seizure’ of 10,000 hectares for agriculture in Nasarawa  https://nairametrics.com/2024/06/12/tiv-communities-seek-remedy-over-government-seizure-of-10000-hectares-for-agriculture-in-nasarawa/ https://nairametrics.com/2024/06/12/tiv-communities-seek-remedy-over-government-seizure-of-10000-hectares-for-agriculture-in-nasarawa/#respond Wed, 12 Jun 2024 18:31:36 +0000 https://nairametrics.com/?p=491149 The Tiv indigenes have asked for a “remedy” regarding the alleged takeover of 10,000 hectares of their ancestral lands by the Nasarawa State Government given the latter’s agricultural plans. 

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Zenith Bank confirms Sirika’s daughter owns a company linked to N1.4 billion Aviation contract  https://nairametrics.com/2024/06/12/zenith-bank-confirms-sirikas-daughter-owns-a-company-linked-to-n1-4-billion-aviation-contract/ https://nairametrics.com/2024/06/12/zenith-bank-confirms-sirikas-daughter-owns-a-company-linked-to-n1-4-billion-aviation-contract/#respond Wed, 12 Jun 2024 07:19:04 +0000 https://nairametrics.com/?p=491120 A compliance officer from Zenith Bank Plc, Mishelia Arhyel, told the Federal Capital Territory High Court Abuja on Tuesday that former Minister of Aviation, Hadi Sirika's daughter, Fatima, and son-in-law, Jalal Hamma, owned Al-Buraq Global Investment Ltd, a company the Economic and Financial Crimes Commission (EFCC) indicted in an aviation fraud suit. 

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SEC blacklisted Famzhi CEO, Mariam Suleiman, jailed 5 years for N2 billion fraud in Nigeria  https://nairametrics.com/2024/06/12/sec-blacklisted-famzhi-ceo-mariam-suleiman-jailed-5-years-for-n2-billion-fraud-in-nigeria/ https://nairametrics.com/2024/06/12/sec-blacklisted-famzhi-ceo-mariam-suleiman-jailed-5-years-for-n2-billion-fraud-in-nigeria/#respond Wed, 12 Jun 2024 07:07:59 +0000 https://nairametrics.com/?p=491119 On Tuesday, the Federal High Court sitting in Abuja convicted and sentenced the Chairman and Managing Director of Famzhi Interbiz Ltd, Mariam Suleiman, to a five-year jail term for fraudulently diverting investors’ money to N2 billion. 

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Emefiele: NSPM MD admits suggesting ‘De La Rue’ for naira redesign in UK https://nairametrics.com/2024/06/11/emefiele-nspm-md-admits-suggesting-de-la-rue-for-naira-redesign-in-uk/ https://nairametrics.com/2024/06/11/emefiele-nspm-md-admits-suggesting-de-la-rue-for-naira-redesign-in-uk/#respond Tue, 11 Jun 2024 18:38:18 +0000 https://nairametrics.com/?p=491094 EFCC's second witness testified in EFCC's unlawful naira printing case against Godwin Emefiele.

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CJ approves E-Affidavit usage for litigants, users in Nigeria, others https://nairametrics.com/2024/06/11/cj-approves-e-affidavit-usage-for-litigants-users-in-nigeria-others/ https://nairametrics.com/2024/06/11/cj-approves-e-affidavit-usage-for-litigants-users-in-nigeria-others/#respond Tue, 11 Jun 2024 08:44:36 +0000 https://nairametrics.com/?p=491046 The Federal High Court has introduced Electronic Affidavit for the use of litigants and other users.

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EFCC secures final forfeiture of BDC dealer’s properties over N1.2 billion scam   https://nairametrics.com/2024/06/11/efcc-secures-final-forfeiture-of-bdc-dealers-duplexes-over-n1-2-billion-scam/ https://nairametrics.com/2024/06/11/efcc-secures-final-forfeiture-of-bdc-dealers-duplexes-over-n1-2-billion-scam/#respond Tue, 11 Jun 2024 05:26:58 +0000 https://nairametrics.com/?p=491023 Federal High Court Abuja orders final forfeiture of properties bought by BDC dealer Jedidiah Ibrahim Ezenwa over N1.2 billion contract scam case by EFCC. 

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FG announces Vietnam scholarships for Nigerian WAEC candidates  https://nairametrics.com/2024/06/10/fg-announces-vietnam-scholarships-for-nigerian-waec-candidates/ https://nairametrics.com/2024/06/10/fg-announces-vietnam-scholarships-for-nigerian-waec-candidates/#respond Mon, 10 Jun 2024 19:13:39 +0000 https://nairametrics.com/?p=491021 The federal government of Nigeria has announced a fresh scholarship award from the Government of Vietnam for candidates who passed the West Africa Examination Council (WAEC) examinations. 

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Nigerian government invites UTME candidates, undergraduates to apply for MTN Scholarship programme https://nairametrics.com/2024/06/10/nigerian-government-invites-utme-candidates-undergraduates-to-apply-for-mtn-scholarship-programme/ https://nairametrics.com/2024/06/10/nigerian-government-invites-utme-candidates-undergraduates-to-apply-for-mtn-scholarship-programme/#respond Mon, 10 Jun 2024 15:01:52 +0000 https://nairametrics.com/?p=491009 The federal government has asked Nigerians to take advantage of the MTN scholarship programme.

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Ondo governor accuses EFCC operatives of disrupting legitimate businesses in Akure  https://nairametrics.com/2024/06/10/ondo-governor-accuses-efcc-operatives-of-disrupting-legitimate-businesses-in-akure/ https://nairametrics.com/2024/06/10/ondo-governor-accuses-efcc-operatives-of-disrupting-legitimate-businesses-in-akure/#respond Mon, 10 Jun 2024 06:10:45 +0000 https://nairametrics.com/?p=490950 Ondo state governor, Lucky Aiyedatiwa, accused operatives of the Economic and Financial Crimes Commission (EFCC) of disrupting "legitimate business activities" in Akure, Ondo state capital. 

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UNHCR gets $181 million fund for displaced persons in Nigeria, other African countries   https://nairametrics.com/2024/06/09/unhcr-gets-181-million-fund-for-displaced-persons-in-nigeria-other-african-countries/ https://nairametrics.com/2024/06/09/unhcr-gets-181-million-fund-for-displaced-persons-in-nigeria-other-african-countries/#respond Sun, 09 Jun 2024 16:18:48 +0000 https://nairametrics.com/?p=490944 The United Nations Refugee Agency (UNHCR) has disclosed it received $181,646,993 from contributors as of May 31, 2024, for its operations in Nigeria and other countries in West and Central Africa. 

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Belarus eyes Nigerian market with five-year agriculture action plan with FG  https://nairametrics.com/2024/06/09/belarus-eyes-nigerian-market-with-five-year-agriculture-action-plan-with-fg/ https://nairametrics.com/2024/06/09/belarus-eyes-nigerian-market-with-five-year-agriculture-action-plan-with-fg/#respond Sun, 09 Jun 2024 10:57:04 +0000 https://nairametrics.com/?p=490911 First Deputy Minister of Foreign Affairs of Belarus, Sergey Lukashevich says his country has signed a five-year action plan with his Nigerian counterpart aimed at boosting the agriculture sector for both countries. 

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Paris Club Refund: Supreme Court reverses N1.2 billion forfeiture order against consultant https://nairametrics.com/2024/06/08/paris-club-refund-supreme-court-reverses-n1-2-billion-forfeiture-order-against-consultant/ https://nairametrics.com/2024/06/08/paris-club-refund-supreme-court-reverses-n1-2-billion-forfeiture-order-against-consultant/#respond Sat, 08 Jun 2024 12:43:01 +0000 https://nairametrics.com/?p=490871 The Supreme Court of Nigeria, Abuja has reversed the final forfeiture order made against N1,222,384,857.84 linked to Melrose General Services Limited, associated with the much-talked-about Paris Club Refund.

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EFCC secures final forfeiture of Nigerian university https://nairametrics.com/2024/06/08/efcc-secures-final-forfeiture-of-nigerian-university/ https://nairametrics.com/2024/06/08/efcc-secures-final-forfeiture-of-nigerian-university/#respond Sat, 08 Jun 2024 08:04:27 +0000 https://nairametrics.com/?p=490852 The EFCC has secured final forfeiture of NOK University, Kaduna.

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