Author: bibncollar

Shenzhen Intermediate People’s Court on Thursday sentenced Evergrande Group founder Hui Ka Yan to life imprisonment and ordered the confiscation of all his personal property, nearly five years after the developer’s collapse triggered a prolonged crisis in China’s property sector. Hui, 67, also known as Xu Jiayin, pleaded guilty in April to eight charges, including misuse of funds, fundraising fraud, illegally taking public deposits, illegally extending loans, fraudulent issuance of securities and bribery. The court found that Hui and Evergrande had committed serious financial offences involving particularly large sums, causing significant economic losses and serious social harm. Evergrande Group was…

Nigeria’s dairy brand Three Crowns Milk, from FrieslandCampina WAMCO Nigeria Plc, has renewed its support for women’s well-being and healthier living during the 2026 August Meeting held in Owerri. The August Meeting, one of the largest cultural gatherings in South-Eastern Nigeria, brings women from various communities and the diaspora together for community development, networking, empowerment and social interaction. This year’s edition again offered a platform for connection, celebration of shared values and stronger community ties. True to its focus on mothers, Three Crowns Milk organised interactive brand activities, dairy education sessions, games, product sampling and rewards that highlighted mothers’ contributions…

Governor Hope Uzodimma of Imo State on Wednesday called on Nigerian journalists to strengthen ethical reporting and actively counter the spread of disinformation in the discharge of their duties. Addressing the Nigeria Union of Journalists (NUJ) Triennial Conference in Owerri, the governor also challenged practitioners to use responsible journalism to hold those in authority accountable and to deepen democratic practice. Uzodimma said responsible journalism remains essential to national development and a healthy democracy. He warned that fake news and disinformation continue to undermine the integrity of the country, individuals and the media itself, describing the trend as a major threat…

The Peoples Democratic Party (PDP) in Imo State has called for the immediate investigation and possible prosecution of Orlu Local Government Area Chairman Chris Mbarie over remarks it describes as inciting and intended to intimidate opposition parties ahead of the 2027 general elections. In a statement by its spokesperson, Lancelot Obiaku, the party condemned comments attributed to Mbarie in a video circulating on social media. According to the PDP, the council chairman suggested that opposition parties would not be allowed to operate freely in Orlu LGA. Obiaku said the language used raises serious concerns about public safety, electoral freedom, and…

President Bola Tinubu has ordered that all liquid funds recovered by the Economic and Financial Crimes Commission (EFCC) be channelled to the Nigerian Education Loan Fund (NELFUND) to support students. Minister of Education Tunji Alausa announced the directive on Wednesday after the Federal Executive Council meeting in Abuja. He said the council also approved the transfer of unclaimed dividends held in the Capital Market Trust Fund and the Dormant Account Trust Fund to NELFUND. The measures are intended to strengthen NELFUND’s financial base as the interest-free student loan scheme continues to assist more than 1.2 million beneficiaries with tuition and…

The Nigerian Bar Association will spotlight one of the profession’s most persistent challenges during its 2026 Annual General Conference: how lawyers price their services, bill clients and actually get paid. A Strategic Learning Programme session titled “The Business of Fees: How Lawyers Should Price, Bill and Get Paid” is expected to draw strong interest. Under the theme “Pricing Strategy, Client Value and Fee Recovery in Modern Legal Practice,” the programme will tackle the commercial side of legal work that many practitioners still find uncomfortable or poorly managed. Organisers note that delivering quality legal services is no longer sufficient. Sustainable practice…

Rochas Okorocha has filed a lawsuit against the Independent National Electoral Commission (INEC), the All Progressives Congress (APC) and Imo State Governor Hope Uzodimma, challenging the publication of Uzodimma’s name as the party’s candidate for the Imo West senatorial district in the 2027 general elections. The originating summons, marked FHC/ABJ/CS/1854/2026, was filed on August 13 at the Federal High Court in Abuja by Okorocha’s lawyer, O.J. Aboje. Okorocha, a former two-term governor of Imo State, is asking the court to determine whether INEC is bound by the reports of its officials who monitored the APC primaries held on May 18.…

Three indigenes of Ideato Federal Constituency in Imo State have been awarded fully funded postgraduate scholarships valued at more than N220 million to pursue studies in the United Kingdom under the Presidential Amnesty Programme (PAP). The scholarships were facilitated by Hon. Ikenga Imo Ugochinyere, the member representing Ideato North and South. The beneficiaries are expected to travel to the UK in September, pending the completion of their visa processes. The recipients are Mmesoma Precious Ajih of Umueshi in Ideato South, who will study for an MBA at Coventry University; Agozirim Sylvester Mbonu of Urualla in Ideato North, who will pursue…

Governor Hope Uzodimma of Imo State and the Minister of Finance and Coordinating Minister of the Economy, Prof. Taiwo Oyedele, have called for enhanced fiscal federalism, improved revenue generation and economic diversification to build Nigeria’s resilience against global economic shocks. The two leaders spoke in Owerri during the 2026 National Council on Finance and Economic Development (NACOFED) Retreat. The five-day event, which began on Monday, is examining the theme “Strengthening Fiscal Federalism for Equity, Sustainable Development and Economic Resilience in a Volatile Global Economy.” Represented by his deputy, Lady Chinyere Ekomaru, Governor Uzodimma said states must be empowered to generate…

A disturbing confrontation between executive power and judicial authority appears to be unfolding in Imo State, following allegations that the State Government has continued activities on Housing Area “K” and Restoration Layout, New Owerri, despite a subsisting High Court judgment declaring the land in favour of the claimants and expressly restraining the government and those acting through it from entering, surveying, mapping or otherwise interfering with the property. Court documents and information made available to bibncollar.com show that the dispute over the land dates back to 1999, when representatives of the Amawom people of Owerri Municipal Council instituted Suit No.…