At least 11 people were killed and eight others injured in a car accident along the Port Harcourt-Enugu Expressway in Abia State on Wednesday. The Federal Road Safety Corps (FRSC) Sector Commander in the state, Mrs. Ngozi Ezeoma, confirmed the accident in a statement on Wednesday in Umuahia. He said the accident occurred at the Arongwa Village axis on the …
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Naira drops N4, trading at N1,586/$1 on official exchanges
The naira slumped again against the American dollar on Wednesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed the local currency fell by N4 to trade at N1,586/$1, up from N1,582/$1 it was trading at on Tuesday. The highest and lowest intraday prices recorded during the day were N1,595/$1 and N1,495/$1 respectively, indicating a narrow spread of N100\$1. …
Read More »NARD threatens national strike over doctor kidnapping
The Nigerian Association of Resident Doctors (NARD) has issued an ultimatum to the government, threatening to go on a nationwide strike if their kidnapped colleague, Dr. Ganiyat Popoola, is not released by August 26. At a press conference in Abuja on Wednesday, NARD President Dr. Dele Abdullahi expressed the association’s frustration with the government’s inaction on the kidnappings. Dr. Popoola, …
Read More »Nigerian Army Destroys More Supply Camps, Seizes Stolen Oil in Niger Delta
In an aggressive crackdown on illegal oil sourcing in the Niger Delta, troops from the Nigerian Army’s Sixth Division have stepped up operations, achieving significant successes. According to Acting Deputy Director, Army Public Relations 6 Division, Lieutenant Colonel Danjuma Jonah Danjuma, ongoing efforts have resulted in the destruction of over 27 new illegal refining sites and the confiscation of over …
Read More »Police kill kidnapper, arrest three others in Delta
The Delta State Police Command on Wednesday killed a suspected kidnapper during a gun duel in a Delta community. The Police Public Relations Officer for Delta State Command, SP Bright Edafe, disclosed this in a statement issued in Warri. Edafe noted that the operation, which also resulted in the arrest of three other suspects, resulted in the seizure of a …
Read More »How alleged Ecobank breaches could land CBN in legal trouble
The Central Bank of Nigeria (CBN) has drawn the ire of a lawyer and Senior Advocate of Nigeria (SAN) over his comments on a petition accusing Ecobank Nigeria (ENG) and Ecobank Transnational Inc. Specialized Resolutions Company (ETISRC) of wrongdoing in a matter that also involves Wilben Trade (Wilben), and its CEO, Marcus Wade. Wilben and Wade have issued a press …
Read More »UK inflation rate rises for first time this year to 2.2%
According to official data, the inflation rate in the UK has risen for the first time this year. Overall, prices rose 2.2% in the year to July, slightly above the Bank of England’s 2% target, which has been in place since May. The increase had been widely expected and is due to the fact that gas and electricity prices …
Read More »In a pioneering move, Taraba government launches blueprint for LG autonomy
In a bid to revolutionize local government administration, the Financial Autonomy Advisory Committee for the 16 local government areas of Taraba State has launched an innovative blueprint. The committee, chaired by Rt. Hon. Peter Diah, aims to create a model of efficiency and innovation that sets new standards for local governance, and paves the way for other states to follow …
Read More »#EndBadGovernance protests: Federal govt blocks N83 billion protest funds
The Federal Government yesterday revealed that it had tracked at least N83 billion in cryptocurrencies and fiat money channeled towards the recent nationwide #EndBadGovernance protests. A Punch Newspaper The report noted that it included $50 million in cryptocurrencies, $38 million of which was blocked in four cryptocurrency wallets, and N4 billion donated by political actors in Abuja, Kano, Kaduna and …
Read More »Group drags Justice Kekere-Ekun through Code of Conduct for false declaration of assets
The Honourable Justice Kudirat Kekere-Ekun of the Supreme Court of Nigeria has been dragged before the Code of Conduct Office and the Tribunal by the Oduduwa Descendants Coalition for Justice on charges bordering on failure to declare and making false declarations in forms she submitted to the anti-corruption body on several occasions. In the petition dated August 10, 2024 and …
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