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A religious sect laundering money for terrorists- EFCC boss

  • January 31, 2024
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The chairman of the Economic and Financial Crimes Commission, Mr. Ola Olukoyede, revealed on Wednesday how a powerful religious sect in the country secured a court order to stop its men from probing the N7 billion linked to some terrorists. The commission, it was learnt, was investigating a princely sum of N13 billion fraud when […]

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Why our proposed N200,000 minimum wage no longer realistic- NLC

  • January 31, 2024
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The Nigerian Labour Congress, NLC, has said the N200,000 minimum wage it earlier proposed to the Federal Government was no longer realistic considering Nigeria’s current economic situation. NLC Vice President, Tommy Etim, spoke while reacting to Tuesday’s inauguration of the Minimum Wage Committee by Vice President Kashim Shettima. Shettima inaugurated the committee at the Presidential […]

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Banditry: Troops rescue victims in Taraba

  • January 31, 2024
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Troops of the 114 Battalion (Rear) of the 6 Brigade, Nigerian Army, in Jalingo, have rescued three individuals who fell victim to kidnappers in Taraba State. In a statement made available to journalists on Tuesday in Jalingo, the state capital, the Acting Assistant Director, Army Public Relations, 6 Brigade, Lieutenant Olubodunde Oni said: “acting on […]

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Bonny Jetty fire in Rivers claims many lives

  • January 31, 2024
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Two people were confirmed dead, with many missing following an evening fire on Monday on the Bonny/Nembe Jetty in Port Harcourt, Rivers State. Buildings, speedboats and several other items were also destroyed. The cause of this fire was unknown as of press time. Reports said the jetty served as a transit point for people, especially […]

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Minimum Wage: Most govs don’t comply with policy- Ajaero

  • January 31, 2024
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President of the Nigeria Labour Congress, NLC, Joe Ajaero, has said most governors of the 37-Member Tripartite Committee on Minimum Wage do not even comply with the proposed base pay structure. Vice President Kashim Shettima inaugurated the committee in Abuja on Tuesday. The VP said during inauguration that the decision was aimed at ensuring a […]

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Presidency attacks Atiku over statement on insecurity

  • January 31, 2024
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The Presidency said on Tuesday that President Bola Tinubu has been following developments at home and is on top of the security situation in the country, contrary to the claim of former Vice President Atiku Abubakar. It also said that Tinubu did not travel without informing Nigerians of his whereabouts, saying he announced a private […]

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Naira continues to fall against dollar in FX market

  • January 31, 2024
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Naira woes worsened on Tuesday, crashing by 42 per cent against the US dollar in the foreign exchange market in two days. Data from FMDQ showed that the Naira further plummeted to an all-time low of N1,482.57 per US Dollar on Tuesday from N1,348.63 on Monday. This represents a 9 per cent or 133.94 loss […]

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Naira Depreciation: Nigeria is finished – Sowore

  • January 30, 2024
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The presidential candidate of the African Action Congress, AAC, in the last general election, Omoyele Sowore, has claimed that his prediction about the depreciation of the naira in 2024 has come to pass. In a post on his official X handle on Tuesday, the activist said he had predicted that the local currency would depreciate […]

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Bandits kidnap schoolchildren in Ekiti

  • January 30, 2024
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An unspecified number of schoolchildren were reportedly abducted by unknown gunmen in Emure Local Government of Ekiti State yesterday evening. Though the details are still very hazy, it was learned that the abducted children were said to be students of a yet- to-be disclosed School. It was learned that the students were being conveyed in […]