Court documents made public recently show JPMorgan Chase identified more than one billion dollars in questionable financial activity linked to Jeffrey Epstein during the years before his criminal conduct became widely known. Bank records reveal roughly 4,700 transfers flagged as suspicious between 2002 and 2019, with transactions involving wire transfers to Russian financial institutions, substantial cash withdrawals, and payments connected to wealthy figures such as Leslie Wexner and Leon Black.
Internal bank materials indicate JPMorgan raised concerns about unusual cash withdrawals from Epstein accounts starting in 2002, yet the relationship continued for years afterward. The institution severed formal ties following his 2008...
A coalition of civic organizations has called on President Bola Tinubu to reverse a recent government decision allowing petroleum imports, saying the move threatens domestic refining operations and economic independence. The Yoruba Council Worldwide led the appeal in a statement released on Sunday through its president, Aare Oladotun Hassan, joined by several advocacy groups.
The coalition emphasized that the Dangote Refinery possesses sufficient infrastructure to satisfy national fuel requirements, with current capacity at 650,000 barrels daily and expansion plans targeting 1.4 million barrels. Hassan contended that issuing licenses to import traders works against administration's goals of revitalizing domestic production. The groups...
Hundreds of demonstrators marched through Abuja on Sunday as the Energy Reforms Advocates of Nigeria launched a campaign against proposed federal legislation. The group strongly opposes the National Commission for the Decommissioning of Oil and Gas Installations Bill of 2024, which would establish another regulatory body.
Executive Director Abba Henry criticized the measure as wasteful government spending during a financial crisis. He argued that two existing agencies already possess the authority to oversee decommissioning work. The Nigerian Upstream Petroleum Regulatory Commission and the Nigerian Midstream and Downstream Petroleum Regulatory Authority currently handle such responsibilities, Henry said. Adding a third organization...
BAM Projects and Properties Limited has pledged to help close Nigeria's housing shortage of approximately 16 million units by delivering homes that remain both affordable and well-built. Managing Director Mansur Mohammed made this commitment during a ceremony that transferred ownership of ExpressView Estate to buyers in Lugbe, Abuja. The development represents a partnership between the Federal Housing Authority and BAM Projects, which ranks among the country's top private real estate firms.
Mohammed emphasized that his company aims to create sustainable neighborhoods rather than simply constructing buildings. The estate features extensive landscaping and environmentally conscious design elements. BAM currently works on a 45-hectare...
Four corporations advanced to the final round of competition for Brand of the Year 2025 through the Nigerian Marketing Awards, an honor recognizing superior promotional strategies and customer connection throughout the country. MTN, Heineken, Cussons Carex, and Goldberg earned finalist status after assessment by the Awards Decision Council, a panel of distinguished industry executives and specialists who reviewed submissions using strict evaluation criteria.
The quartet represents peak achievement in creative campaigns, audience engagement, and consistent excellence across the nation's commercial landscape. Consumer balloting began on Tuesday, Oct. 29, giving the public authority to select the winner from among the finalists. Voting...
Technology provider Limestone introduced its StoneCircle mobile platform to Nigerian consumers on Friday in Lagos, positioning the application as a tool for improving emergency communications and neighborhood protection. Managing Director Ifeanyi Aneke described the software as a response to expanding security concerns by giving residents digital capabilities to reach reliable contacts when danger arises.
The application enables users to establish personal safety networks called Circles for rapid messaging during crises, transmit location-based distress signals to selected individuals and record video documentation with timestamps. Built-in messaging features allow coordination among family members, colleagues and nearby residents...
A civil society organization endorsed promotion testing recently completed at the Nigerian Communication Commission under Executive Vice Chairman Aminu Maida's direction. The National Civil Society Council of Nigeria said on Saturday in Abuja that examinations followed Public Service Rules while adhering to organizational charts and workforce planning documents, with each employment level containing specific vacancy numbers matching personnel capacity at various grades.
Executive Director Blessing Akinlosotu discussed findings from an independent review his group conducted. Interview panels drew qualified management personnel from all six geopolitical zones and added external members plus Federal Character Commission representatives to...
An executive at OXYTANE Africa Investment Limited praised federal leadership for establishing a national carbon trading system and activating climate financing mechanisms, describing both moves as overdue steps that will incentivize emissions reduction across Nigerian industries. Managing Director Tamarankro Jjuliano Obriki said on Friday in Warri that President Bola Ahmed Tinubu's framework should encourage petroleum companies and manufacturers to pursue voluntary carbon reduction strategies.
The firm markets a fuel additive technology designed to lower emissions by 70 percent when mixed with hydrocarbon-based fuels used in combustion engines. Obriki noted Nigeria depends on refined hydrocarbons for 95 percent of its energy needs and...
Delta State chief executive Sheriff Oborevwori received the Distinguished Governor Award from the Sports Writers Association of Nigeria during a ceremony at MKO Abiola Stadium in Abuja on Friday. The honor inducted him into the Nigeria Order of Sports as the association concluded its Diamond Jubilee festivities, celebrating six decades of athletic reporting across the country.
The organization selected Oborevwori based on his government's financial backing for athletic facilities and programs benefiting young people, plus his consistent encouragement of journalists covering competitive events. Officials praised his backing for projects such as the National Youth Games and renovations underway at Warri Township Stadium, along with...
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