It had reported on Friday that operatives of the Nigeria police took over some quarters of the state House of Assembly amid the unrest between the state governor, Siminalayi Fubara, and the 27 lawmakers loyal to the Minister of the Federal Capital Territory, Abuja, Nyesom Wike. The Nigeria Police Force …
Read More »Imo CP Arrests Officers For Assulting, Extorting US Returnee
The Imo State Police Commissioner has arrested three police officers for assulting, brutalizing and extorting Mr. Tochukwu Ukazu who lives in New York but returned to Nigeria to visit his family. The arrest of the police officers was made after the Rule of Law and Accountability Advocacy Centre (RULAAC) made …
Read More »Oil Derivation Fund: Lagos Receives N3.78bn In One Year
Governor of Lagos state, Babajide Sanwo-Olu The Lagos State government has said that it received N3.78bn between 2020-2021 as its share of 13 percent oil derivation fund from the Federal Government. The Lagos State Commissioner for Energy and Mineral Resources, Biodun Ogunleye, disclosed this on Wednesday during a ministerial press …
Read More »EFCC Drags Buhari’s Ex-Minister Hadi Sirika, Daughter To Court Over Fraud
Former Aviation Minister, Hadi Sirika, is set to face trial on Thursday before Justice Sylvanus Oriji of the High Court of the Federal Capital Territory (FCT), Maitama, over allegations of abuse of office and fraudulent contracts awarded during his tenure. Sirika, who served under the administration of former President Muhammadu Buhari, …
Read More »Kaduna High court Jails Fake American, Two others
Justice A.A Isiaka of the Kaduna State High Court, sitting in Kaduna has convicted and sentenced a fake American, Stephen Thomas to five years imprisonment. He was jailed after pleading guilty to a one-count charge bordering on impersonation by the Kaduna Zonal Command of the Economic and Financial Crimes Commission, EFCC. His charge reads: “That you, Stephen …
Read More »ALGON accuses Fubara of withholding LG funds, backs impeachment call
Gov. Siminalayi Fubara The Rivers chapter of the Association of Local Government Areas of Nigeria (ALGON) has accused Governor Siminalayi Fubara of withholding funds meant for the 23 Local Government Areas (LGAs) in the state, Daily Trust reports. The association said this has denied the third tier of government of …
Read More »Why implementation of cybersecurity levy should be halted immediately – CPPE
Muda Yusuf, The Centre for the Promotion of Private Enterprise (CPPE) has explained why the implementation of the 0.5 percent cybersecurity levy ordered by the Central Bank of Nigeria, CBN, to be deducted from electronic transactions of customers by the banks in the country should be halted. The …
Read More »Anti-Graft Agency, EFCC Arraigns Court Registrar For Diverting N3.8million, Forgery
The Economic and Financial Crimes Commission (EFCC), arraigned Dandare before Justice Bello Shinkafi of Zamfara State High Court sitting in Gusau. A former registrar of the Zamfara State Upper Sharia Court 1 Gusau, Abubakar Garba Dandare, has been arraigned for diversion of N3.8million belonging to a late businessman, Alhaji Ladan …
Read More »ICAN Amendment Bill scales 2nd reading
Nigerian Senate The Institute of Chartered Accountants of Nigeria (ICAN) Act Amendment Bill on Wednesday scaled second reading at the Senate. This followed the presentation of the general principles of the bill by the sponsor, Sen. Solomon Adeola (APC-Ogun) at plenary. Presenting the bill, Adeola said it was read …
Read More »Naira Loses Grip In Black Market As Dollar Takes Front Foot
The dollar index was back on the front foot on Wednesday, making modest gains after earlier losses from renewed bets on Federal Reserve rate cuts this year, while the naira traded near its low amid high demand for the haven currency in Africa’s largest economy At the NAFEM spectrum, the …
Read More »