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The Public Account Committee of the House of Representatives on Wednesday ordered OML18 Resources Limited, to send $ 4,020,000 to the federation account within five days. The company was previously known as Sahara Field Productions Limited. The Committee, according to a statement issued by its media unit, gave directions to the investigation session on extraordinary debt ownership to the federal …

The Nigerian currency, Naira, appreciated the US dollar in the official market on Wednesday. Nigerian central bank data (CBN) shows that Naira appreciates N1, 596.68/$ 1 compared to N1.599.70/$ 1 which is traded on Tuesday. This represents the profit of N3.02 for local currencies. Also read: Naira appreciates a little to the dollar in the official window In the black …

A combined photo of Fubara and Wike The governor of the state of the suspended rivers, Siminalayi Fubara, visited the minister of the territory of the federal capital, Nyesom Wike. According to Premium times, Fubara visited Wike in his home in Abuja on Friday 18 April, to ask for reconciliation. The visit came shortly after Fubara met President Bola Tinubu …

The Governor of Delta State, Sheriff Oborevwori, said on Wednesday that the Congress of all Progressive (APC) would welcome former Governor James Ibori into his fold. Oborevwori, who was just defected to the party of the Democratic Party, said that this was during the Vigil Mass which was held to respect the former Deputy Governor of the State, Prof. Amos …

The Economic and Financial Crime Commission (EFCC) has stated an Elie Bitar desired for alleged involvement in fraud related to the online trading platform, Crypto Bridge Exchange (CBEX). EFCC, in a bulletin released on Wednesday said the 41 -year -old player was sought because of the alleged fraud scheme carried out through CBEX. The platform has been in the spotlight …

First Holdco Plc recorded a 40.15 percent increase for the year of interest for the first quarter of 2025, hitting N625,281 billion, led by an aggressive growth combination of loans and high interest rates. The figure, released in its first quarter of 2025, has not increased by N446,146 billion reported in the same period of 2024. The bank’s loan book …

Daud Olatunji The controversial artist of the street, Habeeb Okikiola, popularly known as laptop, was sentenced for a position of three counts and sentenced to three months of imprisonment with an option of a fine n30,000. The musician was declared guilty by a court of the magistrate sitting in Ifo, in the state of Ogun, for having attacked a police …

Financial Supervisory General Nigeria Customs Service (NCS), Adewale Adeniyi, on Wednesday, announced the confiscation of drones, fake pharmaceutical products, expired and not registered at the port of whatever in Lagos. The large amount of more than N921 billion also includes expired food and other controlled security equipment such as drones and walkie-talkie, among others. Details of seizures include 89 cartons …

At least 11 people were killed in a clash when armed groups attacked civilians and security forces in Damascus, Syria, on Tuesday. The Syrian official news agency Sana reported on Wednesday that armed groups had fired on civil vehicles and public security on the road, while other attackers attacked an inspection post in the city of Sahnaya, south of the …

Aisha Achimugu Justice Inyang Ekwo of the High Court Federal in Abuja, ordered the commission for economic and financial crimes (EFCC) to release socialitis and business woman, Aisha Achimugu, within 24 hours Judge Ekwo also ordered that the parties refer to the court on May 2nd for the outcome of his order. On Monday, judge Ekwo had ordered Achimugu to …