Oil prices extended last week’s losses on Monday on concern about slow demand in China, although lingering geopolitical risk surrounding the Middle East and Russia limited the decline. Brent futures fell 12 cents, or 0.2%, to $81.96 a barrel as at 0723 GMT, while U.S. West Texas Intermediate (WTI) dropped 21 cents, or 0.2%, to…
The Presidency says many approvals for the release of funds within the Central Bank of Nigeria (CBN) under Godwin Emefiele did not have the signature of former President Muhammadu Buhari. Ajuri Ngelale said that even though President Tinubu supported Buhari’s administration, he has hesitated to disclose to Nigerians things that were not healthy to the…
The United Kingdom has banned Health and Care Workers from bringing dependants to the country as part of a move to checkmate migration. The ban was announced by the UK Home Office via its verified X handle (formerly Twitter) on Monday.The Home Office wrote, “From today, care workers entering the UK on Health and Care…
An investigator from the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Agboro Omowera told the Federal Capital Territory High Court on Monday that the embattled former Central Bank of Nigeria (CBN) governor, Godwin Emefiele and nine other officials at the apex bank were involved in approving multi-billion contracts to his wife, Margaret, brother-in-law…
A woman who boarded a boat from Igando in Alimosho area of Lagos to a riverine community in Ogun State, has committed suicide by jumping off. About 12 passengers were onboard when the woman abruptly threw off her life jacket and dove into the river. Persecondnews gathered that on Saturday, March 9 at10p.m., the woman…
The Sultan, who is also the president of the Supreme Council for Islamic Affairs (NSCIA), said Monday would mark the beginning of Ramadan fast for Muslims in Nigeria. Sultan of Sokoto, Sa’ad Abubakar, on Sunday evening announced the sighting of the crescent moon, signalling the commencement of Ramadan fast. Today, Sunday, the 29th day of…
National Drug Law Enforcement Agency, NDLEA, on Sunday, said its operatives intercepted a consignment of illicit drug consignment concealed in the engine compartment of an interstate commercial bus. The agency said it also arrested and took into custody two grandfathers over alleged drug trafficking. The NDLEA noted that no fewer than 5.2kg of cannabis sativa…
Human right lawyer, Mr. Femi Falana (SAN), is demanding swift compensation for the families of seven indigent Nigerians who lost their lives in a tragic stampede during a rice distribution event in Lagos. In a stern warning issued on Sunday, ASCAB threatens legal action against the Nigeria Customs Service if their plea goes unanswered. Should…
The Coordinating Minister of Health and Social Welfare, Muhammad Ali Pate, says successful Nigerian doctors, nurses and health workers overseas are considering returning to Nigeria if the enabling infrastructure is provided. Some that have been successful are also begin to think of how to come back if the enabling infrastructure is provided,” Pate said on…
A federal appeals court on Friday revived a lawsuit where investors accused Binance, the world’s largest cryptocurrency exchange, of violating U.S. securities laws by selling unregistered tokens that lost much of their value. In a 3-0 decision, the 2nd U.S. Circuit Court of Appeals in Manhattan said investors in the proposed class action plausibly alleged…
