archiveMarch 17, 2025

Operatives of the Benin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) on Monday March 17, 2025 arrested Kelly Okungbowa (a.k.a Ebo Stone) for alleged naira abuse. Okungbowa,  who until recently was the coordinator of the Edo State Public Safety Response Team , PSRT,  now suspended by the...

The Nigerian Content Development and Monitoring Board (NCDMB) has noted the comments made by the President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Mr. Festus Osifo, during the union’s recent protest at the headquarters of Sterling Oil Exploration and Energy Production Company (SEEPCO), at Victoria...

NNPC Limited has reaffirmed its commitment to ensuring that funds allocated under the Petroleum Industry Act (PIA) are effectively utilized to deliver meaningful development in host communities. This pledge was made during a stakeholder engagement session held with the KEFFESO Host Communities Development Trust (HCDT), a cluster of host communities...

The Federal Government on Monday said it has noted public concerns on Expatriate Quota policy in the oil sector and therefore restricted approvals to only the Minister and the Permanent Secretary in the Ministry of Interior. The government added that citizenship applications and approvals would be done through same approving...

Nigeria’s inflation rate has shown a second consecutive month of decline in February, raising hopes for a continued moderation of price pressures. According to a report released by the National Bureau of Statistics (NBS) on Monday, the country’s headline inflation rate fell to 23.18 per cent in February 2025, down...

Ushie Uguamaye, the Lagos corps member, who claimed to have received threats after criticising President Bola Tinubu’s administration, has gained the support of the Trade Union Congress (TUC). TUC President Festus Osifo, speaking on Channels Television’s Sunday Politics on Sunday, March 16, 2025, said the corps member spoke out of...

A Federal High Court sitting in Lagos on Monday ordered that the former chairman of First Bank of Nigeria Plc, Oba Otudeko, and an ex-managing director of the bank, Bisi Onasanya, be arraigned on an alleged ₦12.3b fraud. Justice Aneke in his ruling held that it is now a settled...

The Maiduguri Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) on Monday, March 17, 2025 arraigned one Catherine Ijeoma Ugwu before Justice Aisha Kumaliya of the Borno State High Court Maiduguri. The defendant was arraigned on a four -count charge bordering on obtaining by false pretence, criminal misappropriation...

Operatives of the Kano Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have arrested popular TikTok influencer, Murja Ibrahim Kunya, for allegedly abusing and mutilating the Naira. Specifically, Kunya was arrested for allegedly spraying Naira notes for fun during her stay in a hotel room at Tahir Guest...

The Rivers House of Assembly has begun moves to impeach Governor Siminalayi Fubara and Deputy Governor Ngozi Odu by issuing a notice of alleged gross misconduct against them. “In compliance with Section 188 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended) and other extant laws, we,...