EFCC Arraigns 2 Chinese Nationals, Nigerian, Over Alleged Multi-billion Naira Cybercrime

The Economic and Financial Crimes (EFCC) on Monday, dragged a Nigerian, two Chinese nationals, and their company, before a Federal High Court in Lagos, over alleged multi-billion Naira cybercrime. The defendants Huang Haoyu, Friday Audu, An Hongxu and a company Gentting International Ltd are standing trial before Justice Daniel Osiagor on a 12-count charge of…

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“Nigeria’s Inflation Forecast: A Peak in 2025 Followed by a Promising Drop”

The African Development Bank (AfDB) has forecasted that Nigeria’s inflation will average 24.7% in 2025, before declining significantly to 17.3% in 2026, as outlined in its recent African Economic Outlook (AEO). Inflation remains a pressing issue for Nigeria’s economy, driven by factors such as exchange rate depreciation, elevated energy and food prices, alongside ongoing structural…

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Four Killed In Kano Building Demolition Exercise

No fewer than four persons lost their lives during a building demolition exercise at Rimin Zakara village in Ungogo Local Government Area of Kano State. The incident occurred at about 10:00 pm on Sunday, when government officials accompanied by security operatives stormed the area for building demolition. According to eyewitness account, Ishaq Mohammad, the demolition…

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Tinubu Reaffirms Support For Navy Readiness

President Bola Ahmed Tinubu has restated his administration’s unwavering commitment to enhancing the operational readiness and strategic capacity of the Nigerian Navy amid rising maritime security challenges. Speaking through the Honourable Minister of State for Defence, Dr. Bello Muhammad Matawalle, the President made this known at the Passing Out Parade and Commissioning Ceremony of 264…

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