24 Mar, 2026
3 mins read

N1.2bn fraud: EFCC rejects ruling freeing Fayose’s ally

The Economic and Financial Crimes Commission has rejected the ruling of Justice Nnamdi Dimgba of the Federal High Court in Abuja holding that the anti-graft agency failed to prove N1.2bn fraud against Abiodun Agbele, an associate of ex-Ekiti State governor, Ayodele Fayose. The anti-graft agency, therefore, approached the Court of Appeal, praying that Justice Dimgba’s […]

2 mins read

Court rejects IBD Dende’s request to stop FIJ publications

The Federal High Court in Abuja has declined the request of businessman Ibrahim Dende, alias IBD Dende, seeking to compel investigative journalist and founder of the Foundation for Investigative Journalism, ‘Fisayo Soyombo, from further writing anything about him. The request came up as part of Dende’s lawsuit against Soyombo and FIJ after he was portrayed […]

4 mins read

Nigeria’s external reserves surge to $34.66 billion, highest level in 13 months

Nigeria’s external reserves have increased yet again, this time by $1.88 billion to $34.66 billion as of July 4, 2024, marking a 13-month high. This is according to Nairametrics historical records of the central bank’s external reserve data for the last year. Our records also indicate this is the highest level the external reserve has […]

1 min read

Suspension of taxes on importation of food commodities not yet official – President

The presidency says the suspension of taxes on importation of food commodities is not yet official. In a chat with TheCable on Monday, Bayo Onanuga, presidential spokesman, said the measures are still under consideration. “The measures are not yet official,” he said. In a statement released earlier, Abubakar Kyari, minister of agriculture and food security, […]

1 min read

Biden not undergoing Parkinson’s disease treatment – Presidency

United States President Joe Biden is not being treated for Parkinson’s disease, his spokeswoman said on Monday after reports that an expert in the condition visited the White House eight times. “Has the President been treated for Parkinson’s? No. Is he being treated for Parkinson’s? No, he’s not. Is he taking medication for Parkinson’s? No,” […]