archiveApril 2024

  Justice D.U. Okorowo of the Federal High Court, Abuja has awarded a N5m damages against the Economic and Financial Crimes Commission (EFCC) for wrongfully parading a photographer named Nasiru Saidu Ali (Kozzo) as a fraudster. The incident happened in May 2019 when the photographer was wrongfully arrested from his...

  The Economic and Financial Crimes Commission (EFCC) has arrested and detained controversial cross-dresser, Idris Okuneye, aka Bobrisky, over abuse of Naira, spraying of Naira notes and currency mutilation. Bobrisky, who has been embroiled in several controversies over the past weeks, was arrested in Lagos on Wednesday night and has...

  The Third Mainland Bridge in Lagos, which was partially closed to traffic in the last seven weeks, has been re-opened after comprehensive repair works with lane markings, new streetlights and CCTV installed. Lagos Commissioner for Transportation, Oluwaseun Osiyemi, confirmed the re-opening on Saturday, March 30 in a statement. Read...

The Economic Financial Crime Commission (EFCC) has formally produced Tigran Gambaryan, an executive of Binance Ltd before the Federal High Court sitting in Abuja on Thursday, April 4, 2024. He was presented by EFCC operatives before Justice Emeka Nwite. Binance, Gambaryan and Nadeem Anjarwalla, are charged by the EFCC on...

  Following some amendments to the Student Loans Access to Higher Education Bill, President Bola Tinubu has signed it into law. The Presidential assent is sequel to separate considerations by both the Senate and the House of Representatives of the report of the Committee on Tertiary Institutions and TETFund. It...

  The Economic and Financial Crimes Commission (EFCC) will, on Thursday, arraign Tigran Gambaryan and Nadeem Anjarwalla, two top officials of Binance Holdings Ltd, on five counts of money laundering charges. It was gathered on Tuesday that Binance, Mr Gambaryan and Mr Anjarwalla, who escaped from lawful custody on March...

  The Nigeria Customs Service (NCS) collected N1.3trillion in the first quarter of 2024 (Q1 2024), according to its Comptroller General, Adewale Adeniyi. He attributed the feat to the dedication of the officers and cooperation with stakeholders, besides the suppression of smuggling and accelerated trade facilitation. Addressing reporters in Abuja...

The Nigeria Labour Congress (NLC) has called on the Federal Government to make retirement easy for Nigerian workers, especially now that the country is facing economic challenges. NLC President, Joe Ajaero, made the appeal on Wednesday when he received a delegation from the XEM Consulting Limited, a subsidiary of XEM...

  Nigerian commercial banks have instituted withdrawal limits on their automated teller machines (ATMs), with variations observed across different banks, according to an investigation by TheCable. This development traces back to the cash scarcity episodes experienced in parts of Nigeria in the latter half of the previous year. The Central...

A former President of the Nigeria Labour Congress (NLC), Ali Chiroma, is dead. Chiroma died on Tuesday night at the University of Maiduguri Teaching Hospital in Borno State after a brief illness. He died at the age of 91. President Bola Tinubu has since sent his deepest condolences to the...