The seizures were made following intelligence processed by the Agency on the movement of the shipments from their port of origin in India, leading to a demand for a 100 percent joint examination of the watch-listed containers with the Nigerian Customs Service and other sister security agencies. Operatives of the …
Read More »N21Million Jumbo Pay: SERAP Sues Akpabio, Abbas For ‘Fixing National Assembly Members’ Allowances, Running Costs’
The lawsuit is over “the failure to end the apparently unlawful practice by the National Assembly of fixing its allowances and running costs, and the failure to account for the monthly running costs paid to members”. The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Senate …
Read More »Education Rights Campaign Urges Students To Stand Firm As University Of Ibadan Shuts Down Over Fee Hike
This position was communicated by Comrade Namdi, the Acting Branch Secretary of the organisation in a statement on Saturday. The Education Rights Campaign has condemned the management of the University of Ibadan over its alleged tactics against the anti-fee hike protests in the school. This position was communicated by Comrade …
Read More »Junior Defence Minister Matawalle, Military Chiefs Relocate To Sokoto As Insecurity Worsens In North-West
This move is to intensify the government’s counter-insurgency efforts and eradicate the scourge of banditry, kidnapping, and terrorism plaguing the North-West region. In a bid to bolster national security and combat the escalating threats of banditry, kidnapping, and terrorism ravaging the North-West region, the Minister of State for Defence, Bello …
Read More »Again, MoneyMaster gets nod for Lagos food discount market
The Lagos State Government has reappointed MoneyMasterPSB, a leading payment service bank, for the second phase of the “Ounje Eko” food discount market, which will open throughout the state on Sunday, September 1, 2024. The Lagos State Government launched Ounje Eko, a programme that offers the people a 25 percent …
Read More »Growth In Oil Sector GDP Contribution Shows NNPC Strategies Working
Ukpe Philip The strategies adopted by Nigeria’s wealthiest and most profitable company, the Nigerian National Petroleum Company Ltd (NNPCL) to ramp up crude oil production has again proven to be effective after a surprise 3.19 per cent growth in Nigeria’s Gross Domestic Product (GDP) which defied expert projections. The GDP …
Read More »There’s a plan to derail Tinubu’s petroleum industry revolution
Tajudeen Suleiman It was a pleasant shock for me to read the National Bureau of Statistics’ report released last Monday that Nigeria’s economy grew by 3.19% in the second quarter of 2024. The growth rate was quicker than the 2.51% growth seen in the second quarter of 2023, and the …
Read More »Telegram CEO released from police custody, transferred to court for questioning
Pavel Durov, the chief executive officer (CEO) of Telegram, has been released from police custody after four days of interrogation. According to CNN on Wednesday, Durov, who was seen exiting the anti-fraud office outside Paris in a police vehicle, was transferred to court for questioning ahead of a possible indictment. …
Read More »IMF: Nigeria will achieve 3.1% economic growth forecast with stronger reforms
The International Monetary Fund (IMF) says Nigeria can achieve the 3.1 percent economic growth forecast for 2024 by implementing stronger reforms. Christian Ebeke, IMF resident representative, spoke on Tuesday at the Lagos Chamber of Commerce and Industry (LCCI) International Business Conference and Expo 2024, themed ‘Invest Nigeria’. On July 16, …
Read More »Court To Resume Money Laundering Case Against Binance On September 2
The Federal High Court will resume the money laundering case against crypto exchange Binance and two of its executives on September 2, 2024. The case which was originally scheduled for October 11, now comes a month earlier, after the defence lawyers asked for the date change, reports Reuters. The Federal …
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