The International Finance Corporation, a member of the World Bank Group, and the Central Bank of Nigeria have announced an agreement to scale up local currency financing, unlocking over $1bn in investments across key sectors of the Nigerian economy. This was according to a joint press statement from the IFC and the CBN on Monday….
A 17-year-old female student of the Imo State University, Owerri, Jesse Chidebere, has been arrested by the Orji Police Divisional Headquarters for faking her abduction and death. The police spokesperson, Henry Okoye, on Monday, in a statement, disclosed that the hoax caused “significant distress to her family and the university community.” It read, “Last Saturday,…
The Federal Capital Territory Administration has launched a sweeping crackdown on beggars, scavengers, and street vendors, with 34 individuals detained on Monday across various parts of Abuja. This action followed a recent ministerial directive ordering such individuals to leave the FCT. The operation, conducted by a joint task force comprising the police, military, Department of…
The 2023 Peoples Democratic Party, PDP, presidential candidate, Atiku Abubakar, on Monday commended former President Olusegun Obasanjo for assenting the Women Trafficking and Child Labour Eradication Foundation, WOTCLEF, Bill while in office. WOTCLEF, an agency that fights against women trafficking, was established by the former First Lady, Titi Abubakar. Atiku said Obasanjo’s leadership created an…
A Jos Magistrates’ Court on Monday sentenced a 25-year-old security guard, Lucky Bulus, to 18 months in prison for stealing 350 litres of diesel. The Magistrate, Shawomi Bokkos, summarily tried and sentenced Bulus after he pleaded guilty to the charge. Bokkos, in his judgement, ordered the convict to pay an option of N30,000 fine or…
Socio-Economic Rights and Accountability Project (SERAP) has urged the Nigerian police and the Speaker of the House of Representatives to immediately investigate recent reports against Alex Ikwechegh, a federal lawmaker. Ikwechegh, a lawmaker from Abia State, assaulted a bolt taxi driver.The Rep member also threatened to beat up the cabman and lock him up in…
Operatives of the National Drugs Law Enforcement Agency on Sunday said they turned down a N10m bribe offered to free one drug suspect, Tsolaye Eburajolo, arrested earlier in Lagos. This was as the operatives recovered 26,250,000 pills of tramadol as well as 508,400 bottles of codeine-based syrup worth N16,683,800,000 in street value were intercepted by…
Former Ogun State Governor, Ibikunle Amosun, on Sunday, said his late mother carried him in her womb for three-and-half years. Amosun said his birth was nothing short of a miracle and many people couldn’t believe he was a human being at birth, having stayed for such a long period before birth. The former governor gave…
Presidential spokesman, Bayo Onanuga, has stated that the Federal Government did not buy a new official jet for President Bola Tinubu, contrary to claims on social media. Speaking on Sunday’s edition of Inside Sources on Channels Television, Onanuga stated that the government acquired a refurbished jet for the president, adding that the plane belongs to…
A member of the House of Representatives, Alex Ikwechegh, on Sunday, assaulted an e-hailing (Bolt) driver who went to deliver a package to him. The distressed driver whose name is yet unknown in a viral video filmed what transpired between them in Ikwechegh’s residence in Maitama, Abuja. The video depicted the visibly angered Reps member…
