President Tinubu replaces SEDC Chairman, Others less than 24 hours after appointment

President Bola Tinubu has rearranged his list of nominees for the South East Development Commission (SEDC) board, replacing the initial chairman, Emeka Atuma, with Emeka Nworgu. Hence Atuma was replaced barely 24 hours after his appointment. Thee President, according to a statement by Bayo Onanuga, special adviser to the President on information and strategy, also…

Read More

Nigerian Bags Eight Years In U.S. Prison For Cyber Fraud

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…

Read More

President Tinubu To Facilitate Return of Peugeot, Dunlop To Nigeria With New Auto Financing Scheme

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…

Read More

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…

Read More

Naira appreciated to N1,535 per dollar in the official foreign exchange market,N1,555 per dollar in the parallel market

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…

Read More

Popular Islamic scholar Ajani Bello dies at 84

  Popular Islamic scholar and renowned preacher, Sheikh Muhydeen Ajani Bello, has passed away at the age of 84 years. Sheikh Akewugbagold Taofeek, an Ibadan-based cleric, disclosed the demise of the fearless Oyo state-born preacher in a Facebook post on Friday. According to Akewugbagold, the renowned preacher returned to his creator on Friday, praying that…

Read More