The National Drug Law Enforcement Agency (NDLEA) has arrested a suspected drug kingpin, Ngene Onyedikachi, who allegedly recruited a fake couple, Kingsley Ilonzeh and Roseline Ilonzeh for drug trafficking. The NDLEA’s Head of Media and Publicity, Femi Babafemi, said in a statement on Sunday in Abuja the fake couple were arrested for allegedly ingesting 1.822kg and 1.50kg of cocaine respectively …
Read More »News
Two dead, 1,000 houses destroyed as fire razes IDP camp in Borno
At least two persons were confirmed dead and more than 1,000 houses were destroyed when fire razed the Muna Alamdari Internally Displaced Persons (IDP) camp in Maiduguri, Borno State, on Wednesday. The fire which began at about 6:00 a.m., lasted more than one hour before it was brought under control by men of the state fire service. The Director-General of …
Read More »NNPP faction to probe Kwankwaso, others over alleged misappropriation of N1bn as party’s crisis festers
A faction of the New Nigeria Peoples Party (NNPP) headed by Major Agbo has concluded plans to probe the former Kano State governor, Rabiu Kwankwaso, and his loyalists over alleged misappropriation of over N1 billion generated from the sale of nomination forms ahead of the last general election in the country. The crisis rocking the NNPP took a fresh twist …
Read More »Alleged treasonable felony: Court to strike out case against Sowore if…
A judge of the Federal High Court, Abuja, Emeka Nwite, on Wednesday, threatened to strike out the treasonable felony charge filed against Sahara Reporters publisher and human rights activist, Omoyele Sowore. The judge issued the warning over what he perceived to be a lack of preparation by the prosecution. The matter was slated for re-arraignment of the defendants but when …
Read More »Rep Babajimi Benson lauds Senate over Bill to amend Electric Power Aector Reform Act
The member representing Ikororodu Federal Consistency of Lagos State, Rep Babajimi Benson, on Wednesday, laudedthe Senate for concurring to the bill he sponsored for an act to amend the Electric Power Sector Reform Act, to address the concerns of host communities and for related matters. Speaking with newsmen in Abuja on the development , the Lawmaker said, “I thank my …
Read More »Nigeria’s stock market maintains bullish run as ASI crosses 71,000 mark
The Nigerian capital market continued its bullish run on Wednesday with the All-Share Index (ASI) crossing the 71, 000 mark at the close of the day’s trading. The ASI rose to 71,014.34 from 70,840.72 after five hours of business on the trading floor today. Similarly, the market capitalization increased today by N93.48 billion to N39.05 trillion from N38.96 trillion recorded …
Read More »Naira depreciates, exchanges for N756/$ at I&E window
The naira exchanged for N756.21 to a dollar at the Investors and Exporters window on Wednesday. The naira lost 1.48 percent compared to the N745.19 it exchanged for the dollar on Tuesday. The open indicative rate closed at N766.82 to the dollar on Wednesday.READ ALSO: Naira drops further, now N965/$1 black market A spot exchange rate of N799.90 to the …
Read More »Nigerian athlete risks jail term in US – Blueprint Newspapers Limited
A Nigerian long jumper Mercy Abire may face up to 20 years in prison after pleading guilty to conspiracy to commit money laundering in the United States. According to reports, the 28-year-old athlete, alongside her co-conspirators, former men’s 100m national champion Raymond Ekevwo and Aniekeme Etim, utilized various fraudulent schemes between 2018 and 2022 to defraud unsuspecting victims. From the …
Read More »Cross River: Otu tasks new Head of Service on reforms
The Cross River state Governor, Bassey Otu, on Wednesday, swore-in the new Head of Service of Cross River State, Dr. Innocent Eteng, just as he tasked on reforming the civil service. A press statement by the Chief Press Secretary to the Governor, Emmanuel Ogbeche, said Otu while congratulating the new Head of Service, noted that, “To whom much is given, …
Read More »Again, Nigeria’s inflation rate goes up, now 27.33%
Nigeria’s inflation rate continued its upward journey as the latest report from the National Bureau of Statistics (NBS) showed that it surged to 27.33 per cent in October. The report, released on Wednesday, showed a 0.61 percentage point increase from the 26.72 per cent that was recorded in September. In the Consumer Price Index (October 2023), the NBS stated: “In …
Read More »
JamzNG Latest News, Gist, Entertainment in Nigeria