The Federal High Court, sitting in Lagos has adjourned till June 11, 2025 “for a report on settlement and/or arraignment” of the Chairman of Honeywell Group, Oba Otudeko and others over an alleged N12.3bn fraud. The suit was brought against them by the Economic and Financial Crimes Commission , (EFCC). TheHintsNews reports that Otudeko was to be arraigned alongside a former Managing Director of First Bank Plc, Olabisi Onasanya; a former board member of Honeywell, Soji Akintayo and a firm, Anchorage Leisure Limited, on a 13-count charge bordering on obtaining by false pretence to the tune of N12.3 billion…
Author: Hints News
Operatives of the Nigeria Police Force have rescued 25 Ivorian nationals, including one Ladji Yoa Pierre, who was the subject of a formal request from the National Central Bureau (NCB) Abidjan. Force Public Relations Officer, ACP Olumuyiwa Adejobi in a statement issued Friday said this marked the third major achievement against transnational criminal activities within the span of one week. He noted: “The operation was triggered by a report filed on April 23rd, 2025, by Mrs. Kaussi Amenan Marianman at NCB Abidjan alleging that her son, Ladji Yoa Pierre, had been lured to Nigeria under false pretenses by some…
The Nigeria Civil Aviation Authority (NCAA) Friday sent a letter of sanction to the operator, Kenya Airways, over the cases of Gloria Omisore and two other passengers. The NCAA, through the Director, Public Affairs and Consumer Protection, Michael Achimugu, disclosed that the penalties are for consumer protection-related infractions. These, it said, include right to care, failure to provide full disclosure of terms of carriage, failure to respond to the authority’s request, failure to process refund and compensation, and lost baggage. The agency noted that, in addition to the fine in line with the NCAA Regulations 2023, the airline has…
The Independent National Electoral Commission (INEC) Thursday said it has was taken a decision concerning the crisis rocking the Labour Party. TheHintsNews reports that the Supreme Court recently sacked the National Chairman of the party, Julius Abure and affirmed that his tenure has expired. However, Abure insisted that the Supreme Court did not sack him, despite the Certified True Copy of the judgement saying otherwise. But, the Chief Press Secretary to INEC Chairman, Rotimi Oyekanmi in a statement said as a law abiding institution, it was carefully studying the judgement of the Supreme Court on the Labour Party and…
The Abuja Federal High Court Thursday struck out the suit filed by MultiChoice Nigeria Limited seeking to restrain the Federal Competition and Consumer Protection Commission (FCCPC) from investigating its recent price increases for DStv and GOtv services, declaring it an abuse of court process. The court, presided over by Justice James Omotosho, ruled that MultiChoice’s suit was duplicative and improper, given the existence of a similar matter involving the same parties pending before another court. Consequently, the Court struck out the application in its entirety. TheHintsNews reports that Multichoice had defied FCCPC’s invitation in February and proceeded to hike…
A new report has revealed that food corporations are using aggressive marketing, cultural co-optation, celebrity endorsements, and deceptive labelling to drive sales of unhealthy food. It added that food corporations use a sophisticated web of marketing strategies to get Nigerians – especially children and young adults – hooked on ultra-processed foods. This processed foods, it noted, damage their health, undermine public health policies, and cost the Nigerian healthcare systems billions. The report titled, “Junk on Our Plates: Exposing Deceptive Marketing of Unhealthy Foods Across Seven States in Nigeria” was unveiled on Wednesday in Lagos by Corporate Accountability and Public…
The Chairman of the House of Representatives Committee on Sports, Hon. Kabiru Amadu has urged the Flying Eagles to remain focused on securing a World Cup ticket and claiming a record-extending eighth continental title. The team played a 2-2 draw against Kenya on Wednesday in their last group game to gain qualification for the quarterfinals of the 2025 CAF U-20 Africa Cup of Nations in Egypt The Flying Eagles, however, finished second in Group B with five points, trailing group leaders Morocco who amassed seven points. Nigeria will face the top team from Group C—likely to be either DR…
More often than not, annual general meetings of Nigerian publicly quoted companies are usually settled in advance, with the majority shareholder(s) controlling such meetings (technically and tactically) to achieve a desired result. That was what played out at the 34th Annual General Meeting of Zenith Bank Plc held in Lagos on Tuesday April 29. The AGM approved the proposed final dividend payment of N4.00 per share, bringing the total dividend for the 2024 financial year to N5.00 per share, with a total value of N195.67 billion. In practical terms, the majority shareholder(s) approved this dividend payment. The “arranged” AGM…
Troops of 6 Brigade Nigerian Army/ Sector 3 Operation Whirl Stroke (OPWS) have arrested four suspected terrorists in Taraba state. Acting Assistant Director, Army Public Relations, 6 Brigade Nigerian Army, Capt. Olubodunde Oni, in a statement issued Thursday said on 07 May, 2025, the troops apprehended four suspected terrorists and recovered a cache of weapons and ammunition in the Tau general area of Ardo-Kola Local Government Area. He explained that the operation followed a distress call regarding the movement of armed men into the area. Oni noted: “Troops responded swiftly, deploying tactically to the location, which led to the successful…
The federal government Wednesday signed a financing agreement for the Value Chain Programme in Northern Nigeria (VCN), aime day revolutionalising the nation’s agriculture sector With the signing of the agreement, the implementation of the $158.15 million VCN project begins immediately to support agriculture value chain development and value addition for farmers in nine states of the northern part of the country. The initiative is co-funded by the International Fund for Agricultural Development (IFAD), the French Development Agency (AFD), and the government of Nigeria. The eight-year initiative, validated on March 21, 2024, was conceived following Vice President Kashim Shettima’s request during…