Nigerian Yahoo Kingpin, Invictus Obi Forfeits N280m To Federal Government

LAGOS NOVEMBER 21ST (NEWSRANGERS)-The Federal High Court in Lagos on Thursday ordered the permanent forfeiture of N280,555,010.65 “warehoused” in the bank accounts of Invictus Oil and Gas Limited and Invictus Investment Limited. The Economic and Financial Crimes Commission told the court that the two firms were owned by Obinwanne Okeke, “a strong leader of a…

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Border Closure: Nigeria Rice Millers Spring Back To Business, Record Bumper Sale

LAGOS NOVEMBER 7TH (NEWSRANGERS)-Some rice millers in Gombe State say they have recorded increased sales and patronage since the closure of the border by the Federal Government. The Federal Government shut borders with neighbouring countries of  Benin Republic, Cameroun and Niger Republic since August. President Muhammadu Buhari had on Aug. 28 at the Seventh Tokyo…

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Telecommunication Operators Protest As FG Orders NCC To Reduce Data Cost

LAGOS NOVEMBER 6TH (NEWSRANGERS)-Telecommunication operators in Nigeria said yesterday that the directive by the Federal Government that cost of data should be reviewed downward in five days is “unrealistic and insensitive” considering the high operating cost in the country. The Minister of Communications and Digital Economy, Dr Isa Ali Ibrahim Pantami, yesterday, directed the Board…

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