To enhance liquidity in the foreign exchange market, the Central Bank of Nigeria, CBN, said it has successfully conducted a Retail Dutch Auction System (rDAS) sale, resulting in the approval of bids valued at $876.26 million from 26 authorised dealer banks. According to a statement by the Director of the Financial Markets Department at the…
The Police Command in Nasarawa State has apprehended a robbery suspect after four of his accomplices died in a road crash while fleeing in a stolen vehicle. SP Ramhan Nansel, the Police Public Relations Officer (PPRO), disclosed this in a statement to journalists on Tuesday in Lafia. According to the PPRO, the armed robbers stole…
Vice Admiral Ibok-Ette Ibas (rtd), the Sole Administrator of Rivers State has warned troublemakers in the state to reconsider any action that would be inimical to the peace, progress and economic stability of the state. Ibas said that his acceptance to become the administrator of Rivers state was not born out of personal ambition but…
The Rivers State Executive Council has cancelled a N134 billion contract awarded by the past sole administrator of the state, Vice Admiral Ikot Ete Ibas (rtd). The contract was for the reconstruction of the ageing State Secretariat complex in Port Harcourt. The contract was awarded to CCECC during the period of emergency rule by Ibas….
Corpses of 37 villagers killed by Boko Haram insurgents in Mafa, a town in Tamuwa Local Government Area of Yobe State, are prepared for mass burial. The remains of the victims were evacuated from the affected community by the military and taken to Babbangida General Hospital, ahead of the burial ceremony scheduled for 10 am….
Grammy-nominated Afrobeat legend, Femi Kuti, has expressed concerns over the growing comparisons between his late father, Fela Anikulapo-Kuti, and afrobeats star, Wizkid, describing the debate as unnecessary and distracting. Speaking during an interview on Arise Television on Friday, Femi said he deliberately chose not to engage in the controversy, stressing that Nigeria faces more pressing…
In another major victory against terrorism, Sani Wala Burki, a notorious terrorist leader responsible for terrorizing the Safana and Batsari Local Government Areas (LGAs) of Katsina State, has been barbecued. According to Zagazola Makanaki, a counterinsurgency reporter, Burki and several of his men were neutralized by security forces in a joint operation by local vigilantes…
The Federal Government has confirmed that the COVID-19 variant XEC has not been detected in Nigeria, dispelling recent rumors and fears circulating on social media. In a statement released on Saturday, Mr. Alaba Balogun, Deputy Director of Information and Public Relations at the Ministry of Health and Social Welfare, emphasized the importance of addressing misinformation…
Jude Okoye, elder brother and former manager of the defunct music group P-Square, has been remanded in prison following his arraignment on fresh fraud charges amounting to $1,019,763.87 and £34,537.59. On Monday, the Economic and Financial Crimes Commission (EFCC) filed a four-count charge against Okoye, accusing him of dishonestly converting music proceeds from three companies…
The founder of the Salvation Proclaimers Anointed Church, commonly known as SPAC Nation, Pastor Tobi Adegboyega, has dismissed ongoing reports about alleged plans by the United Kingdom government to deport him. Adegboyega, who spoke while ministering to the congregation in his UK-based church on Sunday, said those spreading the reports are merely seeking attention. Unfazed…
