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A 36-year old, Ayotomide Adeniyi, on Tuesday, appeared before an Osogbo Chief Magistrates’ Court, for posing as a lawyer and defrauding unsuspecting residents of the state. Adeniyi, who was arraigned on six counts bordering on posing as a lawyer, obtaining money under pretence, stealing and membership in an unlawful society, pleaded guilty to the crimes. […]

The Secretary to the Government of the Federation, George Akume has clarified that the boards of the National Drug Law Enforcement Agency (NDLEA) and the National Agency for Food and Drug Administration & Control (NAFDAC) are exempted from such dissolution. Recall that on Monday President Bola Ahmed Tinubu had approved the immediate dissolution of the […]

On Tuesday, the expert witness for the Labour Party from Amazon Web Services Incorporated USA returned to the witness stand for her cross-examination, making it a contentious day at the Presidential Election Petitions Court. The witness Clareta Ogar, who identified herself as a cloud engineer and cloud architect, had earlier told the court that there […]

By Peter Afunanya …the SSS will remain unshaken and professional in carrying out its duties. It recommits to diligently operate, as always, within the confines of the law and to uphold the fundamental rights of all Nigerians. The media must, as the fifth estate of the realm, remain balanced, accurate, impartial and accountable. To sustain […]

The acting Chairman, Economic and Financial Crimes Commission, Abdulkarim Chukkol, on Tuesday, called for strong partnership and cooperation among law enforcement agencies across West Africa. Chukkol made the call while declaring open a Peer Exchange Programme organised by the EFCC for Ghana’s Economic and Organised Crime Office, at the Rockview Hotel, Abuja. He noted that […]

Justice Binta Nyako of a Federal High Court, Abuja, has adjourned till July 20 for judgment in the suit by the detained leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, seeking access to his personal doctors. The judge fixed the date for judgment shortly after lawyers to parties argued for and against the […]

President Bola Tinubu has approved the return of the National Emergency Management Agency (NEMA) to the Office of the Vice President for supervision, in compliance with their various establishment Acts. The president also approved the return of the National Hajj Commission of Nigeria (NAHCON) to the Office of the Vice President. Mr Olusola Abiola, Director, […]

The immediate past Inspector General of Police (IGP), Usman Baba says he is happy passing the baton of leadership of the Nigeria Police Force to IGP Kayode Egbetokun because they grew up together on the job. Baba, who spoke on Tuesday at the Aso Villa in Abuja, said life is a stage and people come […]

MTNN Dips 3%, Airtel Steadies Amidst Brand Cold War MTN Nigeria Plc’s market valuation slumped 3% in the stock market while Airtel Africa traded sideways after the two leading telecom companies kickstarted a fresh, brand COLD war. The two rival brands are seeking to gain consumers’ attention with 5G network. Following Airtel Nigeria’s 5G network […]

FX: Banks with High Oil, Gas Loans to Face Challenges – Sanni, Emerging Africa Capital Group CEO Banks that have large exposure to the oil and gas industry may face specific challenges due to the decision to float the naira, Toyin Sanni, Founder and Chief Executive of the Emerging Africa Group, a Financial Services Group said […]

Nigerian Exchange Swells over Sustain Positioning Economic reforms induced rally continues to force rerating of Tier-1 banking counters. The increased positioning by equities investors resulted in a further surge in the market capitalisation of the Nigerian Exchange (NGX). opened the week on a positive note. Investors’ wealth went up by N8.29 billion, while year-to-date return […]

CSL Stockbrokers Estimate Higher FX Losses for Cement Producers Following a steep devaluation of the naira by the apex bank over a plan to unify Nigeria’s multiple exchange rates, analysts have projected that cement producers will record higher losses on their foreign exchange transactions, which is expected to affect margin into 2023.  The local cement […]