Oil fraud:Nkwocha-Pillip,Mahmud sentenced to 20 years in Jail

As a result of their involvement in fraud to the tune of $1m, the duo of Mahmud A. Mohammed and Ikechukwu Nkwocha-Philip were on Friday (yesterday) asked to go and stay behind bars for ten years each without option of fine. The convicts were sent to prison by Justice Olasumbo Goodluck of the Federal Capital […]

INEC declares Obaseki Winner Edo Governorship Election

By Niyi Tabiti:Godwin Obaseki has been declared winner of the Governorship election in Edo state by Independent National Electoral Commission (INEC). Obaseki of PDP defeated Pastor Ize-Iyamu of APC and other Governorship candiditates in the election that took place yesterday all over Edo state. In spite of former Governor Adam Oshiomole support for Ize-Iyamu, the […]

Fani Kayode marriage crumbles as wife moves out of matrimonial home

Former Minister of Aviation Femi Fani-Kayode and wife, Precious Chikwendu are separated. They have even unfollowed each other on Instagram after the story of their alleged marriage crash hit the internet. The story was based on domestic violence. According to the report, the former minister and his wife have parted ways for a month now. […]

Why Babalakin resign as UNILAG Pro-Chancellor

Pro-Chancellor of the University of Lagos, has resigned following alleged disagreement with the Federal Government on the Visitation Panel sent to the university insisting that the panel was raised to exonerate the Vice-Chancellor and implicate the Pro-Chancellor. He said there were too many vested interests in UNILAG matter, who were not approaching the issues objectively. […]

How former Jezco Oil staff,Ogwatta defrauds Emeka Offor, Others

Former head of logistics at Jezco Oil Nigeria ltd, Blessing Ogwatta, who allegedly defrauded an Ambassador and other to the tune of N364,072million and $7million, was yesterday arraigned before a Federal High court sitting in Lagos. Ogwatta was docked before Justice Nicholas Oweibo, by Force Criminal Investigation Department (ForceCID) Annex, Alagbon-Ikoyi, Lagos. The defendant is […]

Hackers penetrates FCMB database,steals N900 Million

The Economic and Financial Crimes Commission (EFCC), on Friday, arraigned seven suspects before an Ikeja Special Offences Court, Lagos, for allegedly hacking into the computer database of First City Monument Bank (FCMB) and transferring over N900 million belonging to customers of the bank into an unknown account. Gistmaster gathered the seven accused persons, according to the EFCC […]

Court orders Shoprite to pay Harry Akande $10 Million

Nigerian billionaire,Chief Harry Akande is getting judgement against Shoprite over breach of agreement, Gistmaster gathered.In 2005, South African retail store, Shoprite, had several meetings with  Harry Akande’s company, AIC Limited, and agreed  his company would be the exclusive operator and manager of its brand across West Africa, except Ghana where the Shoprite brand was already […]


By Mr. Tommy Asemota Founder and CEO of NAT LTD I want to commend the Governor of Edo State, Gov. Godwin Obaseki for his tremendous help in reviving our factory Nat Limited . Our factory was closed down for about 4yrs because my wife was ill and I had to travel with her to Switzerland, […]