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The Kano State governor, Abba Kabir Yusuf, has inaugurated two Judicial Commissions of Inquiry (JCIs) on cases of misappropriation of public property, political violence and missing persons in the State between 2015 to 2023. Inaugurating members of the JCIs on Thursday, Governor Yusuf vowed to bring anyone found wanting to book, adding that it was […]

The Inspector General of Police (IGP) Kayode Egbetokun has assured operatives will soon nab the fleeing executive of Binance, Nadeem Anjarwalla, who escaped from detention. Anjarwalla, strangely escaped from custody on March 22 where he was detained for alleged tax evasion and other offenses. He was said to have escaped from the Abuja guest house […]

Senate President Godswill Akpabio has replied Femi Falana’s (SAN) letter over urgent recall of Senator Abdul Ningi (Bauchi central) suspended for three months by the Senate. Akpabio through his counsel, Umeh Kalu SAN, faulted Falana’s claim that he was solely responsible for the suspension of Ningi. The Senate President wondered why the decision of the […]

Bandits who kidnapped 61 residents of Budah Hausa village in Kajuru Local Government Area of Kaduna State 3 weeks ago, have reportedly killed 5 of the victims and released 51 others. It was gathered that 5 victims were not released and were still held in captivity. The police were yet to react to the incident […]

The Senate said it will make its position on the 300 per cent increase in electricity tariff for Band A customers known on resumption from its current break. The Red chamber will resume plenary on Tuesday April 16 from Easter and Sallah break. The Nigerian Electricity Regulatory Commission (NERC) on Wednesday announced a 300 per […]

Popular cross-dresser, Idris Okuneye aka Bobrisky, has failed to meet the bail conditions granted him by the Economic and Financial Crimes Commission. Bobrisky was arrested and detained by the Lagos State Command of the EFCC on Wednesday, over abuse of naira, spraying of naira notes and currency mutilation. The spokesperson for the EFCC, Dele Oyewale, […]

Equities Investors Lose N190bn as Market Sentiment Shifts Equities investors in the Nigerian stock market recorded more than N140 billion daily loss on Wednesday due to shifting market sentiment. Following some unimpressive earnings releases, there has been some investment repositioning that triggered sell pressures. Key stock assets across sectors have become quite volatile compared with […]

Naira Races to Beat Goldman Sachs Forecast The exchange rate appreciated further midweek as the Nigerian naira continued to claw back previous losses sustained in the forex markets. At the official window, the local currency gained 1.23% again to close at N1262.85 per US dollar. Goldman Sachs predicted early in the first quarter that the […]

UK Urges Social Media Platforms to Protect Children’s Privacy The UK’s data protection regulator has urged social media and video-sharing platforms to do more to protect children’s privacy online. The Information Commissioner’s Office (ICO) has set out its priorities for protecting children’s personal information online for the next year, focusing on location data, targeted advertising, […]Read More

Tinubu Signs Students Loan Bill into Law President Bola Tinubu signed the Students Loan Bill into law on Wednesday in Abuja. Students’ loan is part of the implementation of the Access to Higher Education Act, 2023. The bill seeks to provide loans for indigent Nigerian students to pay fees in Nigerian tertiary institutions. At the […]

NATO Foreign Ministers Discuss $108bn Aid to Support Ukraine Foreign ministers from NATO’s 32 member states met in Brussels on Wednesday to discuss a proposed 100 billion euros (or $108 billion) fund for long-term military support to Ukraine. “The secretary general, Jens Stoltenberg, has proposed creating an envelope of €100 billion over five years,” Belgian […]

Nigeria Customs Generates N1.3 Trillion Three Months The Nigeria Customs Service (NCS) says it generated more than N1.3 trillion in revenue in the first quarter of 2024. Adewale Adeniyi, the Comptroller General (C-G) of NCS, revealed this information on Wednesday in Abuja during a briefing for reporters regarding the organization’s operations in the first quarter […]