The Enugu Zonal Command of the Economic and Financial Crimes Commission (EFCC) has arraigned a lawyer before the Federal High Court in Enugu State on money laundering charges. The lawyer, Barrister Mike Ikegbunam, was brought before Justice Mohammed Garba Umar ...
Read More »Category Archives: Breaking News
Feed SubscriptionOil Theft: CSO Applauds Naval Chief Over Seizure Of More Vessels
Chief of naval staff, Vice Admiral Emmanuel Ogalla, has been applauded for intensifying the war against oil thieves and their sponsors. Ogalla was commended for seizing MT PRAISEL, MT KALL and other vessels which provoked the raging media attack on ...
Read More »Minimum Wage: Matters Arising
The federal government recently inaugurated a 37-member tripartite national minimum wage committee with a directive to ensure that their decisions are rooted in social justice and equity. That, in our view, is noble even if naïve. Furthermore, the committee was ...
Read More »Relief For Banks As CBN Stops Daily CRR Deductions
…Experts say move will increase banks’ lending Commercial banks in the country are heaving a sigh of relief as the Central Bank of Nigeira (CBN) reversed to its old ways of calculating and deducting cash reserve requirement (CRR), a move that analysts ...
Read More »Royal Academy Prize For Engineering Innovation Invests Over £1 Million For African Innovators
…celebrates 10th anniversary of prestigious Africa Prize for Engineering Innovation with medal award …over £1 million, being invested in African innovators solving key development challenges on the continent …Africa Prize has supported almost 150 entrepreneurs across 23 African countries, generating ...
Read More »Again, Student Loan Misses January Deadline
Disappointment has continued among students and parents over the delayed launch of the student loan scheme, despite assurance from the federal government that it will commence disbursement of the education loans in January 2024. The student loan, which was anticipated ...
Read More »CBN’s Takeover Of Sales Proceeds From NNPCL Illegal – Atiku
Former vice president Atiku Abubakar has said the directive by the federal government for the Central Bank of Nigeria (CBN) to take over the responsibility for crude oil sales proceeds from the Nigerian National Petroleum Company Limited (NNPCL) is not ...
Read More »Why Civilians Need Firearms — Ned Nwoko
The lawmaker representing Delta North Senatorial District, Ned Nwoko, has explained the logic behind his call for the introduction of a Bill that allows civilians to own and carry firearms. Speaking on Arise TV’s ‘The Morning Show’ on Thursday, he ...
Read More »After Clearance Of Foreign Airlines Trapped Funds, Travel Agents Demand Lower Air Fare
After the Central Bank of Nigeria (CBN) released outstanding backlogs of $64.44 million of foreign airlines trapped funds, the National Association of Nigerian Travel Agents (NANTA), on Thursday, called for opening of lower inventories in order to reduce ticket fare ...
Read More »50 Per Cent Of Nigerians Seeking Asylum In Belgium Are From Edo, Lagos’
The Directorate General, Immigration Office, Belgium, Mr. Freddy Roosemont, has disclosed that approximately 30 percent of Nigerian migrants seeking asylum in the country are from Edo State. Roosemont, who made the disclosure on Wednesday in Benin City during a press ...
Read More »