A Federal High Court in Kano under Justice S.M Shuaibu has convicted and sentenced a Make-up Artist, Abdullahi Musa Huseini (a.k.a Amuscap) to six months imprisonment for Naira abuse. He was jailed after pleading guilty to one-count charge bordering on abuse and mutilation of the Naira. A statement by the EFCC said. In the statement…
Operatives of the Benin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, have arrested one Olawole Sunday, a suspected fraudster who specialised in buying bank accounts’ details from individuals with which he defrauds unsuspecting members of the public. Sunday’s modus operandi involved encouraging young people to open multiple bank accounts, pay them either…
“NIPRD, a continental giant research institute, has moved from obscurity to prominence, emerging in an era where multiple stakeholders propose strategies for prioritizing sustainable local vaccine manufacturing in Nigeria. This development has now secured an €18 million grant for vaccine research and local manufacturing catalysis from the European Union. “ John Nwokocha in Abuja, Nigeria, writes…
The Central Bank of Nigeria (CBN) has reacted to the recent global markets development saying it reflect broader global macroeconomic shifts. A statement issued on the headed paper of the apex bank on Saturday and signed by the Director, Financial Markets Department, Omolara Omotunde Duke (Ph.D.) acknowledged that the Bank has noted recent movements in…
A former Director-General of the National Youth Service Corps, Brig.-Gen. Maharazu Tsiga (rtd) has narrated a chilling experience in captivity, saying that it was near death but for God’s interventions. Tsiga while recounting his harrowing experience on Thursday at the National Counter-Terrorism Centre (NCTC), Abuja, said he escaped hyena attack narrowly, just a day before…
…Defies Rally Ban Senator Natasha Akpoti-Uduaghan, representing Kogi Central Senatorial District in the Senate on Tuesday cried out, urging Nigerians to hold the Senate President, Godswill Akpabio, Kogi State Governor Ahmed Ododo and his predecessor, Yahaya Bello, responsible if she and her supporters are attacked. The Senator raised the alarm in a post via her…
The Central Bank of Nigeria (CBN) has reported a substantial improvement in its Net Foreign Exchange Reserve (NFER) position as of the end of 2024, reflecting a substantial improvement in the country’s external liquidity, reduced short-term obligations, and renewed investor confidence. This was disclosed in report issued by Auwal Alhaji of the corporate communication unit…
Tokyo led another plunge across Asian markets on Monday while gold hit a record high as investors steel themselves for a wave of US tariffs this week that has fuelled recession fears. Equities across the planet have been hammered in recent weeks ahead of Donald Trump’s “Liberation Day” on Wednesday, when his administration will unveil…
The Islamic Movement of Nigeria, popularly known as the Shiite group, has denied claims by the Federal Capital Territory Police Command that its members killed a security operative and injured two during the clash that erupted on Friday as a result of their procession. The IMN also said it has confirmed the death of six…
The Nigerian Supreme Council for Islamic Affairs, under the leadership of His Eminence, the Sultan of Sokoto, Alh. Muhammad Sa’ad Abubakar has declared that fasting may continue on Sunday because Nigeria has not sighted the moon, indicating the end of the month of Ramadan. NSCIA made this known in a statement signed by the Secretary-General,…
