News

…Naira gains N15.73 The Naira gained further at the official market, trading at N1,262.85 to a dollar on Wednesday. Data from the official trading platform of the FMDQ revealed that the Naira gained N15.73. This represents a 1.23 percent appreciation when compared to the previous day’s trading on Tuesday, exchanging …

Gambaryan, the company’s head of financial crime compliance, arrived at the Federal High Court in Abuja on Thursday morning for his arraignment. The Nigerian government is set to arraign Binance Holdings Limited and its two officials, Tigran Gambaryan and Nadeem Anjarwalla on allegations bordering on tax evasion and money laundering …

EFCC office The Network Against Corruption and Trafficking Initiative (NACAT) yesterday called on the National Assembly and the Economic and Financial Crimes Commission (EFCC) to expedite the probe of officials of National Emergency Management Agency (NEMA), National Defence College (NDC) the Nigerian Nuclear Regulatory Authority (NNRA), among others, following its …

SABC News reported on Thursday morning that the former Speaker had arrived at Lyttelton police station in a convoy. South Africa’s former Speaker of Parliament Nosiviwe Mapisa-Nqakula has handed herself over to the police. SABC News reported on Thursday morning that the former Speaker had arrived at Lyttelton police station …

Some staff members of the University in a petition to the Minister of Education alleged that the two liaison offices of the school were already purchased by the previous administrations of the University. The Economic and Financial Crimes Commission has grilled the Vice-Chancellor of the University of Jos in Plateau …

Recovered items The Joint Security Force in Anambra State has recovered a locally fabricated rocket launcher from suspected bandits while carrying out manhunt for insurgents who attacked two police stations in the state recently. Also recovered are high calibre ammunition, catridges, police uniforms and one Ford pick-up truck without number …

President Bassirou Diomaye Faye Bassirou Diomaye Faye (44) has been sworn in as the new president of Senegal. The inauguration took place on Tuesday in the presence of hundreds of international delegations and African leaders including Nigeria’s President Bola Tinubu. “Before God and the Senegalese nation, I swear to faithfully …

The Joint Admissions and Matriculation Board (JAMB) has uncovered at least 1,665 fake A’ level results during the 2023 Direct Entry registration exercise. The Board also said the A’ level results verification regime was occasioned by the endemic corruption associated with the system and was intended to restore the integrity …

The Christian Association of Nigeria (CAN) had taken an offence on the advert, describing it as provocative and offensive, while it demanded an apology from FIRS. The Federal Inland Revenue Service (FIRS) has apologised to Christians over its Easter message advertisement considered as trivialising the Christian religious belief. The tax …

The International Finance Corporation (IFC) has announced a $1.25 billion financing support for Indorama Eleme Fertiliser and Chemicals Limited, Nigeria. The investment will allow Indorama to ramp up its fertiliser production and develop a port terminal for exports, supporting food production and food security across regional and international markets, while …