A Lagos Federal High Court has ordered final forfeiture of 36 exotic cars, ‘allegedly stolen’ from Canada to Nigeria. Justice Deinde Isaac Dipeolu, who presided over the court, made the final forfeiture order while granting an application filed and argued by a lawyer to the Economic and Financial Crimes Commission (EFCC), Mr. A. B. Abdul…
President Tinubu has asked state governors to start paying the wage awards pending the determination of a new minimum wage to ease the hardship of the economy on the people. The President noted that if the states had implemented the wage awards, it would provide much-needed relief without causing inflationary pressures. He spoke in Minna,…
Former President Muhammadu Buhari has lauded the performance of his successor, President Bola Ahmed Tinubu, stating that Tinubu has performed admirably in his nine months in office. During a meeting with the Comptroller-General of Customs, Bashir Adewale Adeniyi, and the Nigeria Customs Service (NCS) management team in Daura, Katsina State, Buhari remarked on the challenges…
The Group Chairman of the United Bank for Africa Plc, Mr Tony Elumelu, has taken to his various social media handles to celebrate women. Elumelu, who dedicated the month of March for celebrating women, especially those in his live life and Nigeria, noted that women had made positive contributions to humanity. Elumelu, also the Chairman…
The Executive Secretary of the Nigeria Education Loan Fund, Akintunde Sawyerr, has explained that the potential beneficiaries of the Federal Government’s student’s loan scheme would have to repay the loan two years after concluding the National Youth Service Corps (NYSC) programme. Sawyerr, who was a guest on Channels Television’s Politics Today on Monday, said it…
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…
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…
