News

Naira’s decline continues, trading at N1,561/$1 on official exchanges

The naira continued its decline against the US dollar on the official exchange on Wednesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the local currency fell by N29 to trade at N1,561/$1, up from N1,532/$1 recorded on Tuesday. The highest and lowest intraday prices recorded during the day were N1,585/$1 and N1,475/$1 respectively, indicating a narrow …

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Watkins’ late goal sends England into Euro ’24 final

A late goal by Ollie Watkins secured a 2-1 win for England over the Netherlands in their European Championship semi-final on Wednesday night. Thus, The Three Lions have set up a meeting with Spain in the tournament final. England, hoping to reach a second successive Euro final, fell behind early on when Xavi Simons scored a fine opener for the …

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Nigerian government says man wanted for defiling his 3-year-old daughter

The Federal Government has awarded N1 billion to Magnus Okpalannadi who allegedly defiled his three-year-old daughter. Minister of Women Affairs, Ms Uju Kennedy-Ohanenye, announced the move in a statement issued on Wednesday by the ministry’s Head of Information and Public Relations, Ms Grace Njoku. He said: “The Ministry received a report that Okpalannadi, a resident of Onitsha, Anambra State, had …

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EFCC to arraign former energy minister, Sale Mamman over alleged N33 billion fraud on Thursday

The Economic and Financial Crimes Eradication Commission (ECI) will arraign former Energy Minister, Saleh Mamman, over an alleged N33 billion fraud at the Federal High Court, Abuja, on Thursday. Mamman was sacked along with his counterpart in Agriculture and Rural Development, Sabo Nanono, by former President Muhammadu Buhari in September 2021. The former minister, who was arrested by the EFCC …

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ECOWAS court orders Nigeria to pay #ENDSARS victims N2 million each

The Economic Community of West African States (ECOWAS) court on Wednesday ordered Nigeria to pay N2 million each to some victims of the October 2020 #ENDSARS protests in Lagos. Several youths were killed and several others injured by security forces during nationwide protests to protest the brutality of the defunct Special Anti-Robbery Squad (SARS). In his ruling, Justice Sengu Koroma, …

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Tinubu orders review of legacy road projects

President Bola Tinubu has ordered a review of all road projects inherited by his administration to ensure fairness and diligence in their implementation. Minister of Information and National Orientation, Mohammed Idris, disclosed this to State House correspondents after the Federal Executive Council (FEC) meeting on Wednesday in Abuja. He said the Council decided to halt projects in the Ministry of …

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12 students killed in car crash in South Africa

At least 12 primary school children died in a car crash in South Africa on Wednesday. The country’s road transport officials told reporters that a minibus carrying children to school overturned and caught fire after colliding on the N14 highway near Merafong, about 70 kilometres west of Johannesburg. The minibus driver was also found dead. South African authorities said the …

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Former Attorney General and other defendants ask the court to give more time to return the stolen Rp1.6 billion

Former Accountant General of the Federation (AGF), Anamekwe Nwabuoku, on Wednesday, pleaded with the Federal High Court, Abuja to grant him more time to complete the recovery of stolen funds. The Economic and Financial Crimes Eradication Commission (EFCC) charged Nwabuoku along with former deputy director in the Ministry of Defence, Felix Nweke on 11 counts of money laundering. The commission …

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