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Gawuna Resigns as FMBN Chairman Amid Defection Speculations

By Momodu Favour The Chairman of the Governing Board of the Federal Mortgage Bank of Nigeria (FMBN), Nasiru Gawuna, has resigned from his position, fueling speculation of an imminent political defection in Kano State. Gawuna, who was the governorship candidate of the All Progressives Congress (APC) in the 2023 elections, tendered his resignation in a […]

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EFCC Arrests Company Staff Over Alleged N993m Fraud in Kwara

By Momodu Favour The Economic and Financial Crimes Commission (EFCC) has arrested a company representative, Kofoworola Kolawole, over an alleged fraud involving N993,247,796.70 in Ilorin. Kolawole, 37, was apprehended by operatives of the EFCC’s Ilorin Zonal Directorate following a petition submitted by Predictus Remit Limited, a subsidiary of FairMoney Microfinance Bank. The anti-graft agency disclosed […]

business News

Nestle Reports Theft of over 400,000 KitKat Bars in Europe

Nestlé has confirmed the theft of a large shipment of its KitKat bars in Europe, raising concerns about possible shortages ahead of the Easter season. The company disclosed on Saturday that a truck carrying 413,793 units of its newly launched chocolate range was stolen while in transit between production and distribution points. The missing shipment, […]