The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said the naira has depreciated at the official market to 410 against the dollar. Emefiele, who spoke at a summit on the economy by Bank CEOs on Friday, said the drop in crude oil earnings and the associated reduction in foreign … [Read more…]
Operatives of the National Drug Law Enforcement Agency, NDLEA, Imo State Command have intercepted a 40-foot truck carrying Nigerian Breweries beer bottles, with 239 kilograms of substances suspected to be cannabis sativa concealed inside. This is even as the men of the Ondo State Command of the agency have arrested a 20-year-old man, Bidemi Timileyin … [Read more…]
The Inspector-General of Police, Mohammed Adamu, has dispatched two helicopters and operatives for the rescue of about 317 abducted schoolgirls in Jangebe, Zamfara State. The IG also disclosed that the military, police and the Department of State Services operatives have commenced a coordinated search towards the rescue of the schoolgirls. Suspected bandits … [Read more…]
Chairman of the Governing Council of University of Calabar, Senator Nkechi Nwogu, has said that anybody blaming the All Progressives Congress (APC) for the insecurity in Nigeria is an enemy of the country. While speaking at her Umuocheala Mbutuoma, Osisioma Ngwa country home in Abia State, during the revalidation of her membership of the … [Read more…]
An Upper Area Court sitting in Abuja has summoned Shell Petroleum Development Company of Nigeria and seven of its top Executives over alleged theft of 16 million barrels of crude oil through fraudulent and unapproved metering system. The judge of the court sitting in Zuba, Gambo Garba, issued the summons on Thursday following a … [Read more…]
The leader of proscribed Indigenous People of Biafra (IPOB) Nnamdi Kanu on Thursday threatened Rivers Governor Nyesom Wike over killing of IPOB members in Obigbo. Kanu claimed that Wike will be hunted for the rest of his life over the killings of IPOB members and other innocent residents following a clash between the group … [Read more…]
Justice Oluwatoyin Taiwo of the Lagos State Special Offences Court in Ikeja has sentenced a travel agent, Babawale Ponle, to two years’ imprisonment for misappropriating N10m worth of airline tickets. Ponle, who is the Managing Director of Travel Doctor Limited, was arraigned by the Economic and Financial Crimes Commission on four counts bordering … [Read more…]
The Independent Corrupt Practices and Other Related Offences Commission (ICPC), says it has secured the final forfeiture of N350,367,772 fraudulently acquired by some staff of the Federal High Court, Port Harcourt, Rivers State. In a Statement signed by ICPC Spokesperson, Mrs Azuka Ogogua, ICPC said the money was fraudulently kept in an interest yielding bank … [Read more…]
Anxiety has gripped landlords and tenants in Atoyo Adubiagbe-Oga community, in the Sagamu Local Government Area of Ogun State, after court ordered a family to take possession of over 500 houses in the area. The Ogun State High Court sitting in Sagamu on Monday declared the family of Adubiagbe as the lawful owner of … [Read more…]
The Auditor-General of the Federation, Mr Aghughu Adolphus, has been elected the Chairperson of the African Union (AU) Board of External Auditors. A statement by Rotimi Ajayi, Deputy Director, Information, in the Auditor-General’s Office, said the election was conducted on Feb. 23, in line with AU financial rules and regulations. Ajayi … [Read more…]
In a split decision of four to three, the Supreme Court on Thursday struck out the appeals filed by Senator Stephen Odey and the Peoples Democratic Party (PDP) in the dispute over who, between Senator Stephen Adi Odey and Jarigbe Agom Jarigbe, is the authentic candidate of the Peoples Democratic Party (PDP) in the December … [Read more…]
Hundreds of youths under the umbrella of Nigerian Youth Union (NYU), and others have shut down the headquarters of the Nigeria Governors’ Forum (NGF) in protest. The Youths in their large numbers barricaded the NGF office located at Lake Chad Crescent, Maitama, Abuja, as early as 9am denying staff and guests opportunities … [Read more…]