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As a gesture of its commitment to tackling economic and financial crimes and offering restitution to victims of fraudulent practices, the Economic and Financial Crimes Commission, EFCC, has handed over a total sum -$132,362.43 (One Hundred and Thirty-Two, Three Hundred and Sixty-Two United States Dollars, Forty-Three Cents), N78,566,324.81 (Seventy Eight Million, Five Hundred and Sixty … [Read more…]
The House of Representatives Committee on Constitutional Amendment has rejected all 31 proposals for state creation, citing failure to meet constitutional requirements. The proposals were submitted to the House on February 6, 2025. Speaking on Friday at a retreat for panel members in Uyo, Akwa Ibom State, Benjamin Kalu, Deputy Speaker of the House and … [Read more…]
The Federal High Court in Lagos has ordered the final forfeiture of $4.7 million, N830 million, and multiple properties linked to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. Delivering judgment on Friday, Justice Yellim Bogoro granted the forfeiture request filed by the Economic and Financial Crimes Commission (EFCC), represented by counsel Bilkisu Buhari-Bala. … [Read more…]
An Osun State High Court, sitting in Osogbo has ordered the State Independent Electoral Commission, OSIEC, to go ahead with the conduct of the local government election scheduled for Saturday (tomorrow). In an enrollment order brought before Justice A. Aderigbigbe on Friday by the Peoples Democratic Party, PDP against OSIEC and Its Chairman, Hashim Abioye, … [Read more…]
Delta State Government and NIPCO Gas Limited have signed a Memorandum of Understanding (MoU) for the establishment of a Compressed Natural Gas (CNG) conversion centre of vehicles in the state. The brief ceremony took place in Asaba on Thursday with the Secretary to the State Government, Dr Kingsley Emu, the Commissioner for Transport, Mr Onoriode … [Read more…]
In a bid to enhance governance transparency and accountability, local governments in Enugu State have held a one-day performance appraisal of their administrations where they presented their scorecards before members of the public. This was even as the council leaderships stressed that they were able to perform beyond expectations because their development plans were aligned … [Read more…]
The Attorney General of the Federation (AGF) and Minister of Justice, Prince Lateef Fagbemi, SAN, has called on the Osun State government to halt the Saturday local government election in the state, clarifying the air on the doubts, fears, and uncertainties created by misrepresentations of the legal effect of the Court of Appeal judgement. In … [Read more…]
Aliko Dangote’s net worth has surged to $23.9 billion, making him the 85th-wealthiest person in the world. The recent operational commencement of the Dangote Petroleum Refinery in Lagos led to this significant leap in wealth. Dangote holds a 92.3% stake in the refinery, which has propelled him back into the top 100 richest individuals globally … [Read more…]
The Nigerian National Petroleum Company (NNPC) Limited has categorically denied recent claims that it imported over 200 million litres of Premium Motor Spirit (PMS) in February 2025. The company described the allegation as “completely false, baseless, and a reckless misrepresentation of facts.” In a statement signed by its spokesperson, Olufemi Soneye, NNPC Limited attributed the … [Read more…]
The Osun State Police Command has confirmed the death of six people following a violent clash between members of the All Progressives Congress (APC) and the Peoples Democratic Party (PDP) on Monday. The confrontation erupted over control of the 30 local government areas in the state. In a video broadcast on social media, the command’s … [Read more…]
The Pan Niger Delta Forum (PANDEF) leader died on Monday night, according to a statement by his brother Prof. C. C. Clark and son Penawei Clark for the children. 1. Edwin Clark was born May 25, 1927. 2. He was 97. 3. He was a Nigerian Statesman, Ijaw leader and politician from Delta State who … [Read more…]
Nigeria’s headline inflation has dropped to 24.48 per cent year on year in January 2025. This is a sharp decline from the 34.80 per cent headline inflation recorded in December 2024. This is according to the National Bureau of Statistics (NBS). The Statistician-General of the Federation Adeyemi Adeniran announced this on Tuesday. He said the … [Read more…]