Okechuckwu Valentine Osuji, 39, a Nigerian national, was sentenced yesterday in New Haven, Connecticut, to eight years in prison for operating a business email compromise scheme out of multiple countries, including the United States. According to court documents and statements made in court, Osuji and his co-conspirators targeted specific individuals and businesses by masquerading as…
President Bola Ahmed Tinubu has directed the Nigerian Consumer Credit Corporation (CREDICORP) to facilitate the return of Peugeot Automobile and Dunlop Tyres to Nigeria as part of the country’s efforts to introduce credit facilities for purchasing new cars. This move is part of Nigeria’s broader plan to become one of the nations offering consumer credit…
President Bola Ahmed Tinubu has directed the Nigerian Consumer Credit Corporation (CREDICORP) to facilitate the return of Peugeot Automobile and Dunlop Tyres to Nigeria as part of the country’s efforts to introduce credit facilities for purchasing new cars. This move is part of Nigeria’s broader plan to become one of the nations offering consumer credit…
The Naira has appreciated to N1,555 per dollar in the parallel market from N1,685 per dollar on Thursday. Similarly, the Naira appreciated to N1,535 per dollar in the official foreign exchange market. Data from the Daily Nigerian Foreign Exchange Market (NFEM) published by the Central Bank of Nigeria, CBN, showed that the indicative exchange rate…
The human rights activist Mr. Dele Farotimi, the right has been slammed with a fresh 12-count charge bordering on alleged false information to cause a breakdown of law and order. This comes as lawyers to the Senior Advocate of Nigeria (SAN), Chief Afe Babalola, urged Farotimi to prove his allegations against legal luminary. The charge…
A fan of Arsenal has tragically been shot dead while celebrating the club’s 2-0 victory over Manchester United in a Premier League match on December 4. The incident occurred in Uganda, Lukaya town, about 100 km (62 miles) from Kampala, at a restaurant where a large crowd of jubilant supporters had gathered, reports BBC. The…
Campaign posters featuring former President Goodluck Jonathan have flooded major locations in Kano state, sparking speculation about a potential bid for the presidency in 2027. The posters, strategically displayed at high-traffic areas such as the Gyadi-Gyadi/Zoo Road flyover, Kofar Nasarawa, and State Road, bear the slogan “Team New Nigeria 2027: The Goodluck Nigeria Needs—Dr. Goodluck…
Namibia has elected Netumbo Nandi-Ndaitwah of the ruling South West Africa People’s Organisation and has made history as Namibia’s first female president. She was declared the winner of last week’s general election with more than 57% of the vote, defeating her closest rival, Panduleni Itula of the Independent Patriots for Change, who garnered 26%. The…
U.S. President-elect Donald Trump said on Monday there would be “hell to pay” in the Middle East if hostages held in the Gaza Strip were not released prior to his Jan. 20 inauguration. During their deadly 2023 attack on Israel, Hamas-led militants captured more than 250 people, according to Israeli tallies, including dual Israeli-American nationals….
The Federal Government has commenced deduction of N50 electronic levy from transactions made by users of Opay, Moniepoint, and other financial technology companies. A notification from Opay and Moniepoint during the weekend to customers confirmed the development. According to the FinTech banks, the levy collection is in line with the Federal Inland Revenue Service’s recent…
