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Court acquits Jide Omokore of $1.6bn fraud

Jide Omokore, chairman of Atlantic Energy Drilling Concepts Nigeria Limited and a supporter of former petroleum minister Mrs. Diezani Allison-Madueke, has been cleared of fraud by the Federal High Court in Abuja. However, the court found Victor Briggs and Abiye ...

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Ekiti pays N130m to retirees of LG, teachers

  Ekiti Government has paid N130 million in gratuities to retirees of local government workers and teachers in the state. Ekiti Governor, Mr Biodun Oyebanji, presented the cheques to  69 beneficiaries on Tuesday at the Lady Jibowu Hall, Government House, ...

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Court discharges, acquits Bauchi Gov’s son of N1.1bn fraud

  Shamsudeen Bala, the son of Bauchi Governor Bala Mohammed, was cleared of the N1.1 billion fraud charge by the Federal High Court in Abuja on Tuesday. The Economic and Financial Crimes Commission (EFCC) had filed a 20-count charge against ...

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Why fuel scarcity has not gone away – Mele Kyari

Mele Kyari, the Group Chief Executive Officer, Nigerian National Petroleum Corporation Limited, has claimed the logistics challenge has been responsible for the protracted fuel scarcity across the country. Kyari gave the explanation during an interview with Channels Television on Tuesday ...

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NLC seeks end to fuel importation policy – Wabba

  Mr Ayuba Wabba, the outgoing President of the Nigeria Labour Congress (NLC), has stated that the organised labour is seeking an end to the country’s fuel importation policy because it will result in lower fuel prices. At the 13th ...

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New Naira swap: Supreme Court suspends CBN’s February 10 deadline

  The Supreme Court has barred the Nigerian government from continuing with the full implementation of the Naira swap policy. Kaduna, Kogi and Zamfara states had, in a motion ex-parte filed on February 3, prayed the apex court to halt ...

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2023: Elections must hold February 25, March 11 – Obasanjo

  Former President of Nigeria, Olusegun Obasanjo, has said that nothing would stop this year’s elections from holding. Obasanjo said this while hosting the members of the Board of Trustees of the African Democratic Congress at his penthouse residence located ...

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Naira, fuel scarcity: Sanwo-Olu slashes BRT, LAGFERRY fares

  The Governor of Lagos state, Babajide Sanwo-Olu, today announced relief packages to cushion the effect of CBN’s currency swap and fuel shortage. In a press conference in Marina on Wednesday, the governor announced 50 percent reduction on all Lagos ...

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Alleged N2.9bn fraud: Court discharges Okorocha, others

  Sen. Rochas Okorocha, the former governor of Imo, was absolved of the N2.9 billion fraud charge brought against him by the Economic and Financial Crimes Commission on Monday by a Federal High Court in Abuja (EFCC). The EFCC’s lawsuit ...

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Court bars CBN from extending deadline on use of old Naira notes

  An Abuja High Court has ordered the Central Bank of Nigeria (CBN) to continue with the full implementation of the naira redesign policy. This ruling was delivered on Monday in a suit marked FCT/HC/CV/2234/2023. The court restrained the CBN ...

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Abia APC guber candidate, Emenike, unveils manifesto

  The All Progressives Congress (APC) governorship candidate in Abia, Chief Ikechi Emenike, unveiled his platform on Sunday with the goal of “Rescue and Develop Abia State”. He delivered the document to journalists, party leaders, and supporters at his Umukabia, ...

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There’s plot to assassinate Atiku – IPOB

  The Indigenous People of Biafra (IPOB) has alleged there is a plan to assassinate the Atiku Abubakar, the presidential candidate of the Peoples Democratic Party (IPOB). IPOB made this claim in a statement signed by its spokesman, Emma Powerful. ...

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UNIBEN VC appeals for calm over soldiers, students clash

  Prof. Lilian Salami, vice chancellor of the University of Benin, has urged students to always embrace dialogue as a means of resolving conflicts rather than resorting to protests at the slightest provocation. After an altercation on Thursday between some students ...

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“Hit and Run” vehicle kills man on Lagos-Abeokuta Expressway

  Friday, a middle-aged man (name withheld) was killed by a “Hit and Run” vehicle on the Lagos-Abeokuta Expressway close to the Owode-Ijako bus stop. The incident was confirmed to the News Agency of Nigeria (NAN) on Friday in Ota, ...

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NSCDC Sokoto Command gets new Commandant

  The Nigeria Security And Civil Defence Corps (NSCDC), Sokoto State Command, appointed Mr. Bello Argungu as commandant on Friday. The command’s spokesperson, Hamza Illela, made a statement about this in Sokoto. Illela claimed that Argungu’s return to duty came ...

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New Naira design: I will take major decision in one week – Buhari

  President Muhammadu Buhari has vowed to sort out the crisis caused by the scarcity of new naira notes in the next seven days. Buhari, on Friday, said he has seen reports about cash shortages and the effect on local ...

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Ibadan residents protest fuel, naira scarcity (photos)

  Residents of Ibadan, the capital of Oyo state have put up roadblocks and set up bonfires to air their displeasure over the lingering fuel and currency scarcity in the country. Kemi Filani News gathered that the protesters started a ...

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CBN naira re-design ill-timed- APC PCC

  The Central Bank of Nigeria’s (CBN) naira redesign, according to the All Progressives Congress (APC) Presidential Campaign Council (PCC), is untimely. In a statement released on Friday in Abuja, Mr. Bayo Onanuga, Director, Media and Publicity APC PCC, stated ...

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Buhari inaugurates new MOFI Board, says FG targets N100trn

  The Ministry of Finance Incorporated (MOFI) has been given a mandate by President Muhammadu Buhari to increase its Assets Under Management from its current level of N18 trillion to at least N100 trillion over the course of the next ...

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Bolanle: Defendant asked for ammunition after shooting – Witness

  Insp. Sunday Akagu, the sixth witness for the prosecution, testified before the Lagos High Court in the trial of Darambi Vandi, the alleged murder suspect of a Lagos-based lawyer who was fatally shot on Christmas Day. In his testimony ...

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Customs seize $6m fake US dollars, arrest 4 along Seme border

  The Nigeria Customs Service, Seme Area Command, seized $6 million in counterfeit US dollars as well as other prohibited items. During a press conference on Thursday in Seme, Lagos, the command’s Area Controller, Comptroller Dera Nnadi, informed the media ...

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