In a comprehensive chat with journalists, Lagos State Governor, Babajide Sanwo-Olu, delved into the present economic challenges facing the country and outlined key policy changes aimed at ameliorating the welfare of Lagosians. Reflecting on his tenure so far, Governor Sanwo-Olu acknowledged the formidable obstacles encountered, particularly navigating the impacts of the pandemic that swept across…
President Bola Tinubu has approved the appointment of Hafsat Abubakar Bakari to serve as the Director/Chief Executive Officer of the Nigerian Financial Intelligence Unit, pending her confirmation by the Senate. This was confirmed in a statement by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale. The statement by Ngelale on Tuesday…
The Ibadan Zonal Command of the Economic and Financial Crimes Commission has secured the conviction and sentencing of two undergraduates of Obafemi Awolowo University, and four others to various jail terms for their involvement in internet fraud. This was disclosed in a statement on the official X handle of the EFCC on Tuesday. According to…
The Nigeria Customs Service said it has concluded plans to commence the direct disposal of seized food items to Nigerians. The National Public Relations Officer of the service, Abdullahi Maiwada, disclosed this in a statement released on Tuesday. Maiwada said that the move was in response to the critical challenges of food security and the…
The Economic and Financial Crimes Commission has arrested six persons in Lagos over alleged involvement in currency racketeering and the sale of new naira notes for commercial purposes. Its spokesperson, Dele Oyewale said this in a statement on Tuesday in Abuja. According to him, the suspects are Adebayo Amupitan, Alimat Oyebode, Isiaka Yusuf, Adeoti Folake,…
The National Association of Block Moulders of Nigeria says the agreement between the Federal Government and three major cement manufacturers that a 50kg bag of cement, for now, is not supposed to sell for more than N7,000 to N8,000 is faulty. The National President, Adesegun Banjoko, said this in an interview with the News Agency…
The Senate, on Tuesday, resolved to probe the N30tn Ways and Means spent by the former President Muhammadu Buhari-led Federal Government. The Upper chamber resolved that the fund was recklessly spent. It further stated that reckless spending of the overdraft collected from the Central Bank of Nigeria under Godwin Emefiele largely accounted for food and…
The Chairman of Heirs Holdings Group, Transcorp Group and UBA Group, Tony Elumelu, has declared his readiness to support and partner with the Ministry of Finance Incorporated in combating the various economic challenges facing the country. Elumelu made this known at the MOFI Public Wealth Management Conference held on Tuesday in Abuja. He commended the…
The Federal Capital Territory Administration (FCTA) has sealed the Priesthood Orphanage in Karon Majigi Village, Abuja, for the alleged trafficking of 23 children between the ages of one and 14. The children, who were rescued from the orphanage, are alleged to have been trafficked from Plateau state. Adedayo Benjamins-Laniyi, the mandate secretary, women affairs secretariat,…
According to the Daily Mail, a medical tribunal in Manchester heard how Esho allegedly had s3xual intercourse with the patient — a s3x worker — at one of his clinics after having an improper emotional relationship with her. The celebrity cosmetic doctor was in the public eye in October 2022 following an investigation by the…
