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Court orders forfeiture of 20 cars stolen from Canada

The Punch 

Justice Deinde Dipeolu of the Federal High Court, sitting in Ikoyi, Lagos, has ordered the final forfeiture of 20 cars stolen from Canada to Nigeria. The cars are forfeited to the Federal Government of Nigeria. The judge gave the order following a motion on notice filed by the Economic and Financial Crimes Commission. A statement

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N’Assembly mulls stricter laws to tackle crude oil theft

The Punch 

The National Assembly has thrown its weight behind the Nigerian National Petroleum Corporation Limited’s ongoing efforts to boost crude oil production and grow its reserves, saying it will consider stiffer consequences for crude oil thieves and vandals of the nation’s critical hydrocarbon infrastructure. According to a statement obtained from the Chief Corporate Communications Officer NNPC

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No hiding place for oil thieves in Niger Delta – Navy

The Punch 

The Naval Flying Unit, Port Harcourt, which is tasked to operate helicopters in support of the Nigerian Navy surface fleets in the Niger Delta region, has expressed satisfaction over the improved successes so far recorded in the ongoing fight against crude oil theft in the region. This is just as the Navy vowed that there

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Six foreigners found dead in Thailand hotel room

The Punch 

Six foreign nationals were found dead in a luxury hotel room in central Bangkok on Tuesday, Thailand’s Prime Minister Srettha Thavisin said, with police suspecting they were poisoned. “There were no signs of a struggle,” Srettha told a press conference at the Grand Hyatt Erawan hotel in the upscale Pathum Wan district, where the incident

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ASUP says no ongoing negotiation with FG

The Punch 

The Academic Staff Union of Polytechnics says it has not started negotiations with the Federal Government to address contentious issues in the new scheme of service. ASUP Zone D Coordinator, Dr Iloma Richard, who stated this at a news conference in Port Harcourt on Tuesday, said that the proposed document could severely harm polytechnic education

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Access Bank secures N442bn capital through Dutch DFI

The Punch 

Access Bank Plc has signed a syndicate Tier II Facility agreement of N442.50bn($295m) through the Dutch Entrepreneurial Development Bank, FMO. In a statement on Tuesday, Access Bank said this latest agreement is the third of its kind arranged by FMO for Access Bank and goes beyond a mere financial transaction to serve as proof of

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Sanwo-Olu hails NOVA Bank expansion plans

The Punch 

The Governor of Lagos State, Babajide Sanwo-Olu, commended NOVA Bank Limited on the opening of its new business office in the Victoria Island area of Lagos. Sanwo-Olu gave the commendation at the commissioning of the office, which is NOVA Bank’s first commercial banking branch, on Tuesday. He said, “We need to commend them. We need

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Minister lauds Nigerian Army’s housing intervention

The Punch 

The Minister of Housing and Urban Development, Ahmed Dangiwa, has commended the Nigerian Army for its efforts in providing affordable housing for its soldiers. The minister gave the commendation during a meeting with the Managing Director and Chief Executive Officer of the Nigerian Army Post Service Housing Development Limited, Major General Joseph Omale in Abuja

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