Emefiele Trial: Finance Ministry Unaware of N124.86bn CBN Withdrawal, Court Hears
A director in the Federal Ministry of Finance has told a Federal Capital Territory (FCT) High Court in Maitama that the ministry and the Office of the Accountant-General of the Federation (OAGF) were unaware of the withdrawal of N124.86 billion from the…
Police Arrest Suspected Armed Robber in Delta, Recover AK-47, Two Locally Made Guns
Operatives of the Delta State Police Command have arrested a 26-year-old suspected armed robber, identified as Sunday Nimel, in Asaba, the state capital, recovering an AK-47 rifle, two locally made guns and ammunition during an intelligence-led…
ADC Spokesman Questions Taiwo Oyedele’s Educational Background for Managing Nigeria’s Economy
The African Democratic Congress (ADC) National Publicity Secretary, Bolaji Abdullahi, has questioned whether Finance Minister Taiwo Oyedele has the appropriate educational background to oversee Nigeria’s economic policies, particularly the Federal…
Oyedele Rules Out Return to Fuel Subsidy, Multiple Exchange Rates Ahead of 2027 Elections
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has ruled out a return to fuel subsidies and multiple foreign exchange rates, insisting that the Federal Government will maintain its current economic reform policies…
500 US Dollar to Naira: Today’s Official and Black Market Rates
If you’re trying to work out what 500 us dollar to naira comes to today, you already know the answer changes depending on where you look. The official rate from the Central Bank of Nigeria rarely matches what you’ll get from a street-side…
DSS Secures Death Sentence For Kidnapper Over Killing Of Three In Sokoto
The Department of State Services (DSS) has secured the death sentence of Ibrahim Usman, also known as Dan Iyali, over his involvement in the kidnapping and killing of three persons in Sokoto State. Usman was convicted by the High Court of Justice of…
Rivers Assembly Suspends Legislative Activities, Inspects Flood-Hit Communities in Port Harcourt
The Rivers State House of Assembly has suspended other legislative activities to urgently assess the worsening flood situation across the state, following reports of widespread destruction of homes, roads and sources of livelihood. The decision was…
Why MTN Sent N20 to N1,436 to Some Subscribers
MTN Nigeria has clarified that airtime credits recently received by some subscribers are compensation for poor network service, not refunds for mobile data depletion complaints. The telecom operator began crediting eligible customers on Sunday, October…
Tension as Thugs Reportedly Attack NDC Members at Enugu Airport
Tension reportedly erupted at the Akanu Ibiam International Airport in Enugu on Saturday after suspected thugs allegedly attacked members of the Nigeria Democratic Congress (NDC) who had gathered to welcome the party’s governorship candidate. The…
Buratai Explains How $1bn Military Arms Procurement Funds Were Handled
Former Chief of Army Staff, retired Lt.-Gen. Tukur Buratai, has clarified that the $1 billion earmarked for military arms procurement during his tenure was not paid into individual service accounts. Buratai made the clarification on Monday in Abuja while…