The naira yesterday depreciated to N1, 610 per dollar in the parallel market from N1,605 per dollar on Tuesday. Similarly, the Naira depreciated to N1,612 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN showed that the exchange rate for the naira rose to N1,612 per…
The All Progressives Congress (APC) chieftain identified as Johnson Akaabo and six others have been reportedly killed in separate attacks by armed herdsmen in Gwer East and Makurdi Local Government Areas of Benue State. In a simultaneous attack, the marauders also invaded Tse Gever in Makurdi LG on the same day, killing three farmers on…
Pastor E. A. Adeboye, General Overseer (GO) of The Redeemed Christian Church of God (RCCG) has assured Gov. Caleb Mutfwang of Plateau of the Church’s support. Adeboye gave the assurance on Wednesday when he led the leadership of RCCG and top Pentecostal Fellowship of Nigeria (PFN) members on a courtesy visit to Mutfwang in Jos….
The Minister of Defence, Muhammed Badaru, has said that the notorious terrorist leader, Bello Turji has been on the run as a result of sustained offensives by the troops of the Armed Forces of Nigeria in recent time. Badaru stated this during a Ministerial Briefing on the activities of the ministry on Wednesday in Abuja….
A former Accountant-General of the Federation (AGF), Ahmed Idris, on Wednesday told an Abuja High Court that the Economic and Financial Crimes Commission (EFCC) failed to tender all the statements he made in their office. Idris in his evidence in the trial-within-trial ordered by the court following the objection raised by his counsel, Chris Uche…
CFG Africa has introduced the GFG AM Naira Fixed Income Fund as a response to the growing need for stable and reliable investment opportunities in the nation’s dynamic economic landscape. The launch event, which took place in Lagos on Wednesday, gathered key stakeholders, investors, and the CFG Africa leadership team. The CFG AM Naira Fixed…
The Minister of Defence, Mohammed Badaru, has dismissed insinuations that terrorist groups wield superior fire power over the country’s armed forces. Badaru during a ministerial briefing on Wednesday in Abuja, said that the Nigerian military possessed far superior weapons and technology than any terrorist group. He also refuted remarks made by members of the House…
The Federal High Court in Abuja, on Wednesday adjourned the money laundering case instituted by the Economic and Financial Crimes Commission (EFCC) against Ali Bello and co-defendant, Dauda Sulaiman, until May 23. Justice James Omotosho adjourned the matter after taking the testimonies of two prosecution witnesses, identified as bank officials. Bello, who is currently the…
An Ikeja Special Offences Court on Wednesday remanded a man Ntai Bagshaw for allegedly stealing N45 million. Justice Olubusola Okunuga remanded Bagshaw at the EFCC custody and adjourned the case until May 22 for hearing of his bail application and commencement of trial. The News Agency of (NAN) reports that Bagshaw was arraigned alongside his…
The Nanedi Usman-led National Executive Council (NEC) of Labour Party has set up a five-man disciplinary committee to investigate alleged gross misconduct against Mr Julius Abure. The NEC also gave Abure 48 hours to explain why disciplinary actions should not be taken against him over the alleged misconduct. Chairman of the party’s Caretaker Committee, Sen….
