OSBC Editor

Retired NNPC staff sued cooperative to court

Some retired workers of the Nigerian National Petroleum Corporation have sued the NNPC Staff Multipurpose Cooperative Society, Abuja, and 18 others for N100m over the conduct of the election into the management committee of the organisation which they described as fraudulent. The suit was instituted by an aspirant, Agada Agbo, …

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JUST IN: Magu seek IGP for bail

Acting Chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu, who is under investigation by a presidential panel, has requested bail from custody. He has spent the fourth day at the Force Criminal investigation Department (FCID).Magu has been detained at the FCID since Monday when he first appeared …

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JUST IN: Buhari appoints Umar EFCC acting Chairman

President Muhammadu Buhari has approved the appointment of Mohammed Umar as acting chairman of the Economic and Financial Crimes Commission (EFCC). Umar, who is the Head of Operations of the anti-graft agency, is to overseer the commission pending conclusion of investigation against erstwhile chair, Ibrahim Magu, over 22 allegations. The …

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Nigeria’s debt hits N28. 63tr

Nigeria’s total debt portfolio stands at N28.63trillion as at 31st March, 2020, the National Bureau of Statistics has disclosed. Its website report titled “Nigeria domestic and foreign debt first quarter 2020,” said in the period under review, the country’ domestic debt hits N18. 64 trillion, representing 65.11 percent of the …

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Soldiers rescue three kidnapped from bandits in Kaduna

Following the abduction of some people from their farms in a Kaduna community by armed bandits and subsequent quickfire deployment of troops to the scene, troops engaged the bandits in a firefight, inflicting bullet wounds on them and rescuing the three kidnapped person’s. Coordinator, Defence Media Operations, Major General John …

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