Author: Editor

Operatives of the Ibadan Zonal Command of the Economic and Financial Crimes Commission, (EFCC), on Thursday, March 28, 2024 arrested seventy-four suspected internet fraudsters in Ogun State. This was made know on the verified X handle of the commission on Saturday. The alleged fraudsters were arrested at Government Residential Area, G.R.A, Shagamu, in Ogun State following surveillance and intelligence exposing their suspected internet-related offences. Items recovered from them include seven exotic cars, three laptops, 124 mobile phones, one PlayStation 3 game, two motorcycles and other incriminating documents. They will be charged to court as soon as investigations are concluded, the…

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The Chief of Defence Staff (CDS), General Christopher Musa, has called on Nigeria’s to, pray for the souls of fallen heroes and for strength for their grieving families as they celebrate Easter. General Musa made the call in a goodwill message to frontline troops while commemorating Easter celebrations recently. “We willingly lay down our lives in service to our nation, especially during challenging times when collective support is crucial in tackling security challenges. “Despite the challenges we face as a nation, the message of Easter brings hope. Just as darkness gives way to light, we must remain steadfast in our…

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The Kingdom of Saudi Arabia is contesting in the Miss Universe pageant for the first time in history, thereby allowing the contestant to display her bodily beauty to all kinds of spectators. Rumy Alqahtani, a 27-year-old Riyadh-born model, is the one representing the Kingdom at the pageant. She is only the second woman from the Gulf region to participate in the pageant, following in the footsteps of Miss Universe Bahrain who took part in the pageant last year. This is the latest in series of adjustments to the hardcore Saudi Islamic values in it’s effort to becoming liberal. Earlier the…

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In less than two days since the suspended Senator Abdul Ningi, of Bauchi Central Senatorial Zone wrote to the Senate to reinstate him with seven days or face litigation, the Senate President Godswill Akpabio is heard saying Ningi will soon join them in the Senate. He assured that the matter would be resolved like a family affair and hopefully Ningi would return to the National Assembly to take his seat soon. “It is a parliamentary decision. I have not seen the letter yet. But Senator Ningi is one of us. I mean what is suspension? “I believe that in a…

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The Central Bank of Nigeria (CBN) has said that the Nigerian economy has recorded over $1.5 billion in foreign exchange (FX) inflow in March 2024, indicating that its monetary policy initiatives are working according to plan. This was revealed by Hakama Ali, the bank’s Acting Director, Corporate Communications Department, in a statement made available on March 29. She explained that available data before the bank shows the inflows result from a concerted effort by the CBN to stabilize the foreign exchange market. She said the naira has also continued to gain value in the autonomous foreign exchange market, as it…

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Kano state Governor, Abba Kabir Yusuf, has explained why he appoints Mustapha Kwankwaso, son of Presidential Candidate of the New Nigeria Peoples Party (NNPP) in the 2023 election and former Governor of Kano state, Senator Rabi’u Musa Kwankwaso, as a member of his cabinet. Governor Yusuf spoke through a statement made available to newsmen by the Director-General, Media and Publicity, Kano Government House, Sanusi Bature Dawakin Tofa, Thursday night. The statement is entitled: “In Defence of Mustapha Kwankwaso’s appointment.” part of which reads: “Senator Rabiu Musa Kwankwaso has promoted hundreds of thousands of young men and women, many of them…

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A division of the Appeal Court, sitting at Audu Bako Secretariat in Kano state has dismissed a suit filed by business mogul, Alhaji Aminu Dantata over possession of a landed property in the state. A local FM radio station in Kano, Express FM, on Thursday reported that the land dispute between the family of one late Sharu Ilu and Dantata over possession of a trench located at Gwammaja area in the Kano metropolis started about five years ago. The family of late Ilu, through their Counsel, Yahya Y. Sharif dragged the elder statesman to a High Court in Kano, claiming…

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CBN Fixes Minimum Capital Bases For Banks At N500bn, N200bn, N50b, Gives Ultimatum Following the recent advice to Nigerian banks to expedite action on the recapitalisation of their capital base in order to strengthen the nation’s financial system, the Central Bank of Nigeria (CBN), on Thursday, unveiled new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with international authorisation at N500 billion. The CBN, in a statement, said the new minimum capital base for commercial banks with national authorisation is now N200billion, while the new requirement for those with regional authorization is N50 billion. Acting…

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A list of over one hundred inmates on death row who have applied for clemency has been presented to the Chair person of the Kano state Prerogative of Mercy Committee, Hajiya Azumi Namadi Bebeji following the committee’s visit to the Maximum Security Custodial Centre, Janguzu, Kano. The presentation was made on Thursday by the Controller, Nigerian Correctional Services, Kano state command, Suleiman M. Inuwa. The chairperson received the list of inmates on Death Row (IDR), those serving life imprisonment as well as those serving long sentences. More so, inmates with serious medical challenges, elderly inmates and other classes of inmates…

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Senator Abdul Ningi, the Senator representing Bauchi Central Senatorial Zone and former Deputy Majority Leader in the Senate has written to the Senate demanding Senate President, Godswill Akpabio to revoke his suspension within seven days or face legal action. It would be recalled that Ningi was suspended by the Senate over an allegation of budget padding to the tune of N3.7 trillion. He told the BBC in an interview that projects worth N3.7 trillion were untraceable in the 2024 budget. The allegation triggered a lot of controversies within and outside the Senate as Nigerians raised many questions on the activities…

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