Tag: Investigation

Kehinde Fajobi The Economic and Financial Crimes Commission (EFCC) has re-arraigned Francis Atuche, the former Managing Director of the defunct Bank PHB Plc, alongside Nnosiri Joachim (also known as Ifeanyi) and Uguru Onyike, on charges of forgery and conspiracy. The re-arraignment occurred on Monday before Justice O.O. Abike-Fadipe at the Special Offences Court in Ikeja,…

Kehinde Fajobi President Bola Tinubu is presiding over the Federal Executive Council (FEC) meeting at the Council Chamber of the Presidential Villa, Abuja. Today’s session, likely the last for the year, is expected to discuss preparations for the presentation of the 2025 Appropriation Bill to the National Assembly scheduled for tomorrow, according to reliable sources.…

Kehinde Fajobi Nigeria’s inflation rate climbed to 34.6% in November 2024, up from 33.8% in October, according to the latest Consumer Price Index (CPI) report by the National Bureau of Statistics (NBS). The year-on-year increase represents a sharp rise of 6.4 percentage points compared to the 28.2% recorded in November 2023. Month-on-month inflation grew by…

Kehinde Fajobi Former Vice President Atiku Abubakar has warned Nigerians about a fraudulent online empowerment scheme falsely using his name and claiming federal government sponsorship. In a statement titled “Empowerment Scheme Using Atiku’s Name and Promising N65,000 to Nigerians Is a Scam”, Atiku’s media office in Abuja urged the public to ignore the scheme and…

Nigerian rapper and fashion mogul, Zlatan Ibile, has spoken out against some of his peers who publicly shame individuals for wearing counterfeit designer pieces. In a powerful statement, he argued that it’s unfair for fashion entrepreneurs to mock those who opt for fakes simply because they can’t afford the originals. In a viral video, Zlatan…

Kehinde Fajobi Kano State Governor Abba Yusuf has nominated six individuals, including his former Chief of Staff, Shehu Wada Sagagi, for commissioner positions. The Speaker of the Kano State House of Assembly, Ismail Jibrin Falgore, disclosed the nominations on Monday while reading the governor’s letter during a House session. The nominees are Shehu Wada Sagagi,…

Kehinde Fajobi The Supreme Court on Monday dismissed a suit filed by Chief Ambrose Owuru, the 2019 presidential candidate of the Hope Democratic Party (HDP), seeking to unseat President Bola Tinubu. The court described the case as frivolous and imposed a fine of ₦5 million on Owuru. The five-member panel, led by Justice Uwani Musa…

Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, has announced a final investment decision (FID) for the Bonga North deep-water project, located off the coast of Nigeria. The project is set to bolster oil and gas production at the Bonga facility, according to a company statement released on Monday. Bonga…

Kehinde Fajobi The Defence Headquarters has dismissed claims that the French military plans to establish a base in Nigeria, calling such reports false and misleading. Director of Defence Media Operations, Major General Edward Buba, issued a statement on Monday addressing the rumours circulating online about French soldiers arriving in Maiduguri to set up a base…

The Tor Tiv, Professor James Ayatse, President of the Benue State Traditional Council, has issued a firm warning to politicians, urging them not to exploit the newly inaugurated Benue State Civil Protection Guards (BSCPG) for political agendas. Launched in a grand ceremony at the Ibrahim Badamosi Babangida (IBB) Square, Makurdi, the BSCPG marked its debut…

Kehinde Fajobi A fatal accident on the Lagos Third Mainland Bridge on Monday, December 16, 2024, left one person dead and five others hospitalised. The collision occurred at Ilubirin, inward Sura, around 6 a.m. and involved a J5 Ford bus (FKJ 724 YC), carrying pepper and perishable goods, and a Mercedes truck (FKJ 746 YC).…

Kehinde Fajobi The Manufacturers Association of Nigeria (MAN) has revealed that ₦3.04 trillion was spent on importing raw materials for industrial production in 2023, emphasising the manufacturing sector’s potential to contribute over 80% of the country’s non-oil exports if fully harnessed. MAN’s Director General, Segun Ajayi-Kadir, made the disclosure during a Town Hall Meeting between…

Kehinde Fajobi Former President and CEO of Transcorp, Valentine Ozigbo, has criticised Anambra State Governor Charles Soludo for allegedly failing to address the rising insecurity in the state. Ozigbo expressed his concerns during a town hall meeting in Lagos, where he discussed challenges facing Anambra and the South-East region. He specifically cited the recent kidnapping…

Former Kano State Governor, Ibrahim Shekarau, has urged President Bola Tinubu to “go back to the drawing board” in addressing the needs of Nigerians. Shekarau’s statement came in the wake of the recent EndBadGovernance protests, which he described as a “clear message” to Tinubu and his administration. Recall that the nationwide protest, tagged #EndBadGovernance, spanned…

Dangote Refinery has begun exporting Premium Motor Spirit (PMS) to several African nations, including Cameroon, Angola, Ghana, and South Africa, in recent weeks. This move highlights the refinery’s growing presence in the global petroleum market. Devakumar Edwin, Vice President of Oil and Gas at Dangote Industries Limited, confirmed the development during a meeting with a…

A combined team of security operatives, including the Nigeria Police Force, Armed Forces, Department of State Security Service (DSS), and Nigeria Civil Defence Corps (NSCDC), has successfully dismantled criminal hideouts in Ezioha, Eziama Autonomous Community, in Mbaitoli Local Government Area of Imo State. The operation, part of ongoing efforts to tackle civil unrest and insurgency,…

The Federal Government has approved an upward review of allowances for officers in the public service, marking a significant policy shift aimed at improving the welfare of civil servants across the country. The allowances under review include Duty Tour Allowance, transport allowances, uniform allowances, and overtime allowances. This decision was made during the 46th meeting…

The Federal Government has reduced the cost of renal dialysis by 20% for kidney patients at key federal hospitals in eight states, including the Federal Medical Centre (FMC) Ebute-Metta, Lagos; the University College Hospital (UCH), Ibadan; FMC Owerri; and the University of Maiduguri Teaching Hospital (UMTH). This move is part of President Bola Tinubu’s Renewed…

The Lagos State Governor, Babajide Sanwo-Olu, has signed into law a measure prohibiting human organ harvesting, with offenders facing up to 10 years in prison. The Human Organ Harvesting and Tissue Transplantation Law is one of five new laws introduced by the state government last week. Sanwo-Olu, during the signing ceremony, emphasized that the new…

The Federal Government, through the Ministry of Agriculture and Food Security, has secured over $600m in foreign agricultural loans in 2024 to boost food security and rural development. According to information from the ministry’s website, the government obtained a $134m loan facility from the African Development Bank to enhance seed and grain production nationwide. In…