archiveAugust 18, 2023

Operatives of the Enugu Zonal Command of the Economic and Financial Crimes Commission (EFCC) on Wednesday, August 16, 2023 arrested 28 suspected internet fraudsters in a sting operation in Enugu. The suspects are: Godwin Ogbonna, Bright Chidozie, Chukwuebuka Ugwu, Ifesi Isaac, Collins Nnachi, Micheal Nnamdi, Ikechukwu Derrick Anya, Nneji Onyebuchi,...

    The Department of State Services (DSS) has arrested Abbas Umar Masanawa, the Chief Executive Officer of Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), for his alleged role in the ongoing corruption probe of Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN). According...

The Central Bank of Nigeria (CBN) has launched a new portal called the Foreign Exchange (FX) Price Verification System (PVS), designed for importers to have access to forex. The bank made this announcement on Thursday night from their Trade and Exchange Department. “Following the successful conduct of the pilot run...

In another remarkable strategic maneuver that solidifies Transcorp’s dominant position in Nigeria’s power sector, Christopher Ezeafulukwe, the intelligent and astute Managing Director/CEO of Transcorp Power Limited, has been entrusted by the Board of the Abuja Electricity Distribution Company (AEDC) to lead the charge as the new Managing Director/CEO of AEDC....

  The Defence Headquarters (DHQ) has provided detail on the soldiers killed in an ambush and the crash of the Nigerian Air Force (NAF) MI17 helicopter on Monday in Niger State. The Director, Defence Media Operations, Major General Edward Buba, while briefing journalists on Thursday, said that a total of...

Oun State said the attention of the Executive Governor of the state, Senator Ademola Adeleke, has been drawn to a “deliberate, mischievous misrepresentation and misinterpretation of the appointments of Senior Special Assistant on Government House Pool and Oranmiyan new town. “We appreciate those who truly need to be educated on...

Nigerian human right lawyer, Femi Falana (SAN), has sued the Central Bank of Nigeria (CBN), for allegedly  floating  the naira. Falana, who disclosed this on Friday, when he was featured on Channels Television’s Sunrise Daily, said the decision of the CBN under President Bola Tinubu to float the naira is...

  Oyo State governor, ‘Seyi Makinde, has approved that Sunday, August 20 of every year as Isese Day in the state. According to a press statement signed by Mr. Sulaimon Olanrewaju, the Chief Press Secretary to Oyo State Governor, “To this end, the governor has declared Monday, August 21, 2023...