JUST IN: CBN sells $10,000 to BDC operators at N1,101/$
The Central Bank of Nigeria (CBN) has announced it will once again sell dollars to bureau de change operators. This was disclosed in a circular seen on CBN website. The CBN said it is set to sell $10,000 to each…
Bobrisky likely to spend Eid-il-Fitri in custody
Controversial crossdresser, Okuneye Olarewaju Idris, popularly known as Bobrisky, is most likely to spend the Eid-il-Fitri break in custody. The Nation reported that Bobrisky was arrested on April 3 and convicted by a Federal High Court sitting in Lagos on…
Court Remands Binance Executive In Correctional Facility
The federal high court sitting in Abuja has ruled that Tigran Gambaryan, the second defendant in the ongoing arraignment of Binance Holdings Limited and its two top officials; on allegations of Money Laundering by the Economic and Financial Crimes Commission,…
BREAKING: Court remands Emefiele in EFCC custody
• pleaded not guilty to 23 counts Justice Rahman Oshodi of the Ikeja Special Offences Court on Monday remanded former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele in custody of Economic and Financial Crimes Commission (EFCC). Emefiele will stay…
Breaking: Edo Deputy Governor, Philip Shaibu Impeached
Edo State Deputy Governor, Rt. Hon Phillip Shaibu has impeached by the Edo State House of Assembly. It was reported that the impeachment was sequel to the report submitted by Justice S.A. Omonua-led seven-man panel which investigated the petition against…
Man, nurse held over alleged minor’s defilement, abortion in Lagos
The Lagos State Police Command has arrested a 46-year-old man identified simply as Fred for allegedly defiling a 15-year-old girl (name withheld) at Sawmill, in the Ifako-Gbagada area of Lagos State. The suspect was said to have repeatedly defiled the…
NLC stakeholders convene amid leadership crisis in Labour Party
Stakeholders of the Nigeria Labour Congress are set to convene today to address the ongoing leadership crisis within the Labour Party and the potential reinstatement of Julius Abure as the party’s National Chairman. It’s been reported that unionists are proposing…
Kogi blames transporters for delayed arrival of FG palliatives
The Kogi State government has provided a detailed explanation for the delay in distributing the Federal Government’s palliatives within the state. According to Alhaji Mouktar Atimah, the Executive Secretary of the Kogi State Emergency Management Agency, the delay is primarily…
Imo hotelier in custody for allegedly torturing man to death
The Imo State Police Command has apprehended Ibe Obasi, the 38-year-old owner of Our Guest Hotel in Obowo Local Government Area, for his alleged involvement in the torture and subsequent death of a youth, Ebuka Udemba. According to a statement…
Nigeria’s FX reserve dips by $1.02 billion in 18 days on CBN’s naira defence
Nigeria’s foreign exchange (FX) reserve has experienced a sharp decline of about $1.02 billion within 18 days, as the Central Bank of Nigeria (CBN) continues its aggressive defence of the naira. As of April 4, 2024, the FX reserves stood…