Beyond the Headlines
By Ugoji Egbujo The CBN is suddenly running helter-skelter. It’s a pitiable sight. A regulator running around like a motor boy throwing wooden wedges to stop a bolekaja from rolling down a hill. Ironically, many are clapping for the CBN, which is fiddling with the barricades after many horses have bolted. It’s all the […]
The Economic and Financial Crimes Commission has recovered a total of N70,556,658,370.5 within 100 days, between October 2023 and January 19, 2024. Details of the recovery outlined in an EFCC document titled, ‘Operations and Recoveries’, was obtained by our correspondent on Wednesday. The document revealed that between October 2023 and January 19, 2024, the […]
Saturday 03 February 2024 Operation Rescue Naira: FG considers converting $30bn domiciliary deposits to naira How killers planned Kwara Oba’s murder in beer parlour Terrorism/Kidnapping: Influential Northern Senator under watch Insecurity: Stop terrorism or resign, Nigerians tell FG Naira appreciates to N1,435/$ at official market Customs adjusts FX rate for collection of duties from […]
The Anambra State Government has banned the public display of caskets for fabrication and sale in the state. This was contained in the law passed by the state House of Assembly on Thursday to control burial and funeral activities in the state. By this law, all mortuary attendants are to report to the Ministry […]
The Central Bank of Nigeria, CBN, has approved an increase in the import duty rate by 43 percent. Recall that the exchange rate for duty collection is usually determined by the CBN. Importers and stakeholders in trading woke up on Friday to find the increase in the exchange rate, which before now was set […]
A Delta State House of Assembly candidate, Harrison Gwamnishu, has alleged that three officers of the Rivers State Police Command arrested for kidnapping a man recently were yet to be prosecuted. The officers, ASP Doubara Edonyabo, ASP Talent Mungo, and Inspector Odey Michael, had kidnapped the man in Aba, Abia State, took him to […]
A Benue State High Court has restrained the suspended state chairman of the All Progressives Congress (APC) Austin Agada from parading himself as the chairman of the party following his suspension by his ward chairman and six others on Tuesday. This comes as the APC in the state has accused the Chief of Staff […]
A Federal High Court judge in Abuja has denied a request to throw out terrorism charges against five associates of Governor Siminalayi Fubara of Rivers State. Hon. Edison Ehie, the governor’s Chief of Staff and a former factional Speaker of the Rivers State House of Assembly sought to have the charges dismissed on Friday. […]
Ahmed Idris, former accountant-general of the federation (AGF), says he was decieved by the Economic and Financial Crimes Commission (EFCC) to admit his involvement in an alleged N109.4 billion fraud. Idris is standing trial on a 14-count charge alongside Geoffrey Akindele, Mohammed Kudu Usman, and a firm — Gezawa Commodity Market and Exchange Limited, […]
The Economic and Financial Crimes Commission (EFCC), on Wednesday, January 31, 2024, prayed Justice Daniel Osiagor of the Federal High Court sitting in Ikoyi, Lagos to issue a warrant of arrest to compel a former Executive Director on Projects, Niger Delta Development Commission (NDDC), Tuoyo Omatsuli to attend his trial over an alleged N3.6bn […]
