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*Urges IG To Investigate Police Role in NLC President Attack Human rights lawyer Femi Falana SAN has disputed the statement by the Imo State Police Command concerning the attack on Nigeria Labour Congress (NLC) President Joe Ajaero. The police had claimed Ajaero was taken into “protective custody” after being attacked by an angry mob while […]

The Executive Director of YIAGA Africa, Samson Itodo, has kicked against the confirmation of seven out of 10 newly appointed Resident Electoral Commissioners (REC) for the Independent National Electoral Commission (INEC) by the Nigerian Senate. On Wednesday, the Senate President, Godswill Akpabio announced confirmation of the nomination of the seven RECs after they were cleared […]

Justice Mojisola Dada of the Special Offences Court stting in Ikeja, Lagos, on Wednesday, adjourned till December 19, 2023 further hearing in the alleged N6bn fraud trial involving social media celebrity, Ismaila Mustapha, also known as Mompha. The Economic and Financial Crimes Commission made this known on its Facebook page. Mompha alongside his company, Ismalob […]

President Bola Tinubu’s administration has proposed to spend N5.095 billion on a presidential yacht. This is part of the expenditures proposed in the 2023 supplementary budget the President submitted to the National Assembly for approval. The budget has scaled the second reading at the House of Representatives. The Nigerian Navy has proposed a capital expenditure […]

President Bola Ahmed Tinubu’s nominee for the Resident Electoral Commission (REC) in Niger State was not the person screened by the Senate yesterday. Prof Mohammed Yelwa was until yesterday the President’s nominee but one Mohammed Sadiq appeared before the Senate panel. Sadiq was screened and confirmed as REC-designate by the Red Chamber. There was an […]

The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has ordered that sting operations at night be stopped in all the commission’s commands. Olukoyede gave the directive in Abuja on Wednesday, in reaction to the arrest of 69 suspected internet fraudsters in Ile-Ife, Osun State, by operatives of the Ibadan zonal command of […]

The Economic Financial Crimes Commission has released 58 out of 69 students of Obafemi Awolowo University, Ile-Ife, Osun State, arrested earlier on Wednesday. Recall that the commission arrested no fewer than 70 students of the university. They were reportedly arrested by officials of the EFCC in a midnight raid on hostels outside the campus. Multiple […]

A Bill seeking to amend the Interpretation Act, 2004 has the second reading stage in the House of Representatives at the plenary on Wednesday, to provide conditions for appointment and assumption of offices in acting capacity. The proposed legislation titled, ‘Bill for an Act to Amend the Interpretation Act, Cap. 123, Laws of the Federation […]

The Nigerian naira has once again surpassed a key black market resistance level, settling at N1,170 against the greenback, as the US Fed prepares to announce its interest rate decision later today. Nigeria failed to take advantage of the favourable opportunity in the global oil market to support its local currency. The geopolitical instability that […]

Lagos Secures $1.35bn Investment for Infrastructure Projects The Lagos State Government has sealed $1.35 billion investment deal with the African Export-Import Bank (AfreximBank) and Access Bank to boost infrastructure in the state. Speaking at the second AfriCaribbean Trade and Investment (ACTI) Forum in GeorgeTown Guyana, Gov. Babajide Sanwo-Olu of Lagos State, said the fund would […]

Reps Invite Minister over N1.1trn Conditional Transfer The House of Representatives has invited the Minister of Humanitarian Affairs and Poverty Alleviation, Dr Betta Edu over the formula for the planned distribution of N1.1 trillion as conditional cash transfer to 15 million households. This followed the adoption of a motion of urgent public importance by Rep. […]

FX Crisis: No Plan to Redenominate Naira –CBN There is no plan to restructure, or redenominate the naira, the Central Bank of Nigeria (CBN) said in a statement released on Tuesday, refuting a report suggesting its intention to redenominate the local currency. The apex bank response followed a widely circulated text message suggesting that the […]