BREAKING: Ex-AGF Granted Bail In N1.96bn Fraud Case

The Federal High Court in Abuja has granted former Accountant-General of the Federation, Chukwunyere Anamekwe Nwabuoku, bail in the sum of N500 million. The development comes as Nwabuoku faces charges of alleged N1.96 billion fraud. Justice James Omotosho, in his ruling, stipulated that Nwabuoku’s bail be secured with two sureties, each providing a guarantee of…

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JUST-IN: Gunshots Cause Panic At Edo Governorship Tribunal Sitting

Gunshots erupted near the venue of the Justice Wilfred Kpochi-led, three-member Edo State Governorship Election Petitions Tribunal on Wednesday morning, causing widespread panic. Lawyers, litigants, politicians, and reporters scrambled for safety to avoid being hit by stray bullets. However, swift intervention by fully-armed security operatives restored calm, allowing the tribunal sitting at the Edo High…

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NCC Orders Telcos To Disconnect Nine Banks Over USSD Debt

Following a backlog of unpaid debts, the Nigerian Communications Commission (NCC) has authorised telecommunications companies to disconnect the Unstructured Supplementary Service Data codes assigned to nine financial institutions. The directive signed by NCC’s Director of Public Affairs, Reuben Muoka on Tuesday and obtained by Channels Television, noted that the affected banks are to pay the…

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FLASH: Former Governor Dumps PDP, Reveals Next Step

  Former Governor of Sokoto State, Alhaji Attahiru Dalhatu Bafarawa, has formally resigned his membership of the People’s Democratic Party (PDP) to focus on a newly established platform, the Northern Star Youth Empowerment Initiative (NSYEI), recently launched at Arewa House, Kaduna. Bafarawa, who served two terms as Governor of Sokoto State, presented his resignation letter…

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JUST-IN: CBN Fines Nine Banks N150m Each For ATM Cash Shortages

The Central Bank of Nigeria (CBN) has sanctioned nine Deposit Money Banks with fines totalling N1.35bn for failing to ensure cash availability via Automated Teller Machines during the festive season. Each of the banks was fined N150m following spot checks that revealed non-compliance with the apex bank’s cash distribution guidelines. The affected banks include Fidelity…

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