NEWS
EFCC Apprehend Fraudster Buying Bank Accounts
The Economic and Financial Crimes Commission's agents detained Olawole Sunday, a suspected online scammer who allegedly bought people's bank account information in order to commit financial crimes. A statement on Monday by the EFCC’s head of Media and Publicity, Dele Oyewale, said Sunday’s fraudulent scheme involved recruiting young individuals to open multiple bank accounts. Oyewale alleged that Sunday paid them between...
Naira Shed 2.6% In March Despite $668m CBN Intervention
The naira depreciated by 2.4 per cent and 2.6 per cent in March at both the Nigerian Autonomous Foreign Exchange Market window and the parallel market compared to the previous month. According to the latest Afrinvest Monthly Market Report titled ‘Analysing Global and Nigerian Economies & Financial Markets’, the naira dropped to N1,536.82/$ and N1,530.00/1.00 at the NAFEM window and...
Govs Block Council Chairmen From Opening CBN Accounts
Some state governors has explicitly warn their council chairmen against opening an account with the Central Bank of Nigeria for the direct payment of their allocations from the Federation Account. This is because the challenges facing the implementation of the Supreme Court judgment on local government autonomy have assumed a new dimension. The latest development represents yet another significant hurdle, nearly...
Abia-born Legal Luminary, Dr. Ubani, Writes President Tinubu Over Abandoned Ikwuano/Ikot Ekpene Road Project
Prominent legal practitioner and Senior Advocate of Nigeria (SAN), Dr. Monday Onyekachi Ubani, has written an open letter to President Bola Ahmed Tinubu, passionately appealing for urgent intervention in the long-abandoned Ikwuano/Ikot Ekpene Road project. In the letter dated April 7, 2025, Dr. Ubani lamented the continuous neglect of the vital federal road linking Abia, Akwa Ibom, and Cross River...
ABN TV Boss, Okali Celebrates Sir Chikwe Udensi On His Birthday
The Director of ABN TV and Radio, Mr. Ifeanyi Okali, has felicitated with renowned Interpol Systems Consultant and International Security Expert, Sir Chikwe Udensi, on the occasion of his birthday today. In a goodwill message personally signed by Mr. Okali, he described Sir Chikwe Udensi as "a rare breed, an outstanding personality, and a pride to Nigeria and the African...
Emirates Prince Hosts Sir Chikwe Udensi To Royal Birthday Dinner At Emirates Palace, Abu Dhabi (Photos)
The global stage once again recognized Nigeria’s pride and international security expert, Sir Chikwe Udensi, as he was hosted to an exclusive royal birthday dinner by a Prince of the Emirates at the prestigious Emirates Palace, Abu Dhabi, United Arab Emirates. The grand event, which took place tonight, was in honour of Sir Udensi’s birthday, coinciding with his...
National Police Day: IGP Egbetokun Reaffirms Commitment To Reforms, Community Policing
.....President Tinubu Pledges Improved Welfare, Modern Equipment For Police Officers The Federal Government of Nigeria, on Monday, April 7, 2025, celebrated the maiden edition of National Police Day with a grand ceremony at the Eagle Square, Abuja. The event, which was organized to recognize and appreciate the sacrifices and contributions of the Nigeria Police Force (NPF) in maintaining peace and security,...
Spokesman Refutes Claims Of INEC Chairman Mahmood’s Dismissal
Social media posts claiming that President Bola Tinubu had fired INEC Chairman Prof. Mahmood Yakubu have been denied by the Independent National Electoral Commission. A viral WhatsApp message had indicated that Mahmood was sacked and replaced with one Prof. Olamilekan. “INEC Chairman Prof. Mahmud Yakubu has been replaced with Prof. Bashiru Olamilekan by President Tinubu,” the message, which had no attribution,...
US Tariff: CBN’s $197.71M Intervention To Stabilize Economy Amid Oil Price Drop
President Donald Trump's broad trade tariffs on a number of nations have caused crude oil prices to weaken, falling more than 12% to about $65.50 per barrel. Oil had traded above $70 per barrel before the tariffs were announced. According to OPEC Secretariat calculations, the price of the OPEC basket of twelve crudes stood at $75.35 per barrel on Thursday, compared...
Shettima Welcomes Swedish Crown Princess Victoria At Presidential Villa
Victoria Désirée, the Crown Princess of Sweden, is being welcomed by Vice President Kashim Shettima at the Aso Rock Presidential Villa in Abuja. The Crown Princess, who arrived at the villa at 02:13 pm, was received by the Deputy Chief of Staff to the President, Senator Ibrahim Hadejia, who led her to the VP’s office. Victoria is on an official visit...
