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Police operatives from the Nasarawa Command have arrested another escapee of the Kuje Correctional Center, Mr. Haruna Sunday. The 35 year-old escapee was nabbed by men and officers of the command in Masaka, Karu local government area of the state. According to the command’s Public Relations Officer, Ramhan Nansel, the suspect was arrested for burglary […]

The Department of State Services (DSS) has invited the suspended Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa. It was learnt that Bawa, who is currently in the custody of the secret police arrived the headquarters of DSS at about 9:02pm. A source said he’s currently being grilled by the operatives of the […]

Hearing has formally commenced in the petition filed by the Lagos State governorship candidate of the Labour Party in the March 18 election, Gbadebo Rhodes-Vivour, challenging the return of Governor Babajide Sanwo-Olu. Although the petitioner was absent on Wednesday, his lead counsel, Olumide Ayeni, SAN, called four witnesses in proof of his clients petition. The […]

*Abolishes Naira4Dollar, RT200 Rebate Schemes *Merges FX Segments Into I&E Window The Central Bank of Nigeria (CBN) has announced the unification of all segments of the forex market collapsing all windows into one. This was part of a series of immediate changes to operations in the Nigerian Foreign Exchange (FX) Market, in a bid to […]

*Calls On ICPC To Investigate And Prosecute Former Senator The President of the Nigerian Bar Association, Yakubu Chonoko Maikyau SAN OON, referred to Senator Adamu Muhammad Bulkachuwa’s remarks that went viral on the Senate floor on Monday, June 12, 2023, during the closing session of the 9th Assembly as disgusting and despicable in a statement […]

Aminat Yusuf, a law student, has become the first undergraduate of Lagos State University (LASU) to get a cumulative grade point average (CGPA) of 5.0 in 40 years. Ibiyemi Olatunji-Bello, the vice-chancellor of institution, announced this at a briefing on Wednesday ahead of the varsity’s 26th convocation billed for June 21. The VC said a […]

President Bola Ahmed Tinubu, GCFR, has approved the indefinite suspension from office of Mr. AbdulRasheed Bawa, CON, as the Chairman, of the Economic and Financial Crimes Commission (EFCC) to allow for proper investigation into his conduct while in office. The statement read, “President Bola Ahmed Tinubu,GCFR, has approved the indefinite suspension from office of Mr. […]

*Adjourns Plenary Until July 4 The Senate has written President Bola Tinubu on the inauguration of the 10th Assembly. This followed a motion by the Deputy Senate President, Barau Jibrin during plenary on Wednesday. Moving the motion, Jibrin said “That the Senate do send a message to Mr President C-in-C informing him that a quorum […]

FIFA said on Wednesday its number two Fatma Samoura, the first woman to rise to that rank in football’s world governing body, would stand down at the end of the year. Samoura said in a statement she wanted to spend more time with her family. FIFA President Gianni Infantino hailed the Senegalese as “a trailblazer”. […]

Banks Record Gains Over Shares Buying Festival Nigerian deposit money banks (DMBs) listed in the stock market recorded valuations jump on Tuesday after the shares buying festival that greeted Godwin Emefiele’s suspension as the Central Bank of Nigeria (CBN) Governor. Apart from big banks like Zenith, GTCO, Access, FBNH, and UBA, other lenders in the […]

Naira Appreciates Amidst Unsettle Dust As the market continues to keep hope alive following the suspension of the Central Bank of Nigeria (CBN) governor, Godwin Emefiele, exchange rate pressures across the foreign exchange (forex) markets cooled off on Tuesday after a large depreciation recorded on Friday. The Nigerian local currency, the naira, reclaimed part of […]

TotalEnergies Discovers Oil, Gas in Offshore Oilfield in Nigeria French energy giant, TotalEnergies, has discovered oil and gas at the Oil Mining Lease (OML) 102 offshore oilfield asset in Nigeria, the French company said in a statement on Tuesday. The energy giant’s Ntokon-1AX discovery well encountered 38 meters of net oil pay and 15 meters […]