Man jailed two years for defrauding American of $345,000
A Federal High Court sitting in Abuja has sentenced one Chima Nkwocha also known as Young Billionaire to two years imprisonment for defrauding a United States citizen of $345,000.…
Sanwo-Olu signs N3.36tn 2025 Lagos budget
The Lagos State Governor, Babajide Sanwo-Olu, on Thursday, signed the N3.36trn 2025 appropriation bill into law. Sanwo-Olu gave his assent to the budget tagged ‘Budget of Sustainability’ at Lagos…
Many killed as gunmen attack Katsina villages
Gunmen reportedly killed many persons in attacks on members of the Katsina State Community Watch Corps and residents from various villages on Tuesday. Details of the attack emerged yesterday.…
Tinubu decorates ADC with new rank, says he’ll achieve greatness in military
President Bola Tinubu has decorated Nurudeen Yusuf, his aide-de-camp (ADC), with his new rank of colonel. The president decorated Yusuf on Thursday at the State House, Abuja. Yusuf was…
CBN to banks: We’ll no longer approve requests for extension of export proceeds repatriation
The Central Bank of Nigeria (CBN) says requests for the extension of export proceeds repatriation by authorised foreign exchange (FX) dealers will no longer be approved. The CBN spoke…
Offa robbery: Victims’ families sue Kwara government, Saraki, demand N2.1bn compensation
Families of the victims of the 2018 Offa robbery are seeking N2.1 billion in compensation from the Kwara state government. In the suit instituted before a high court in…
Court remands teacher who assaulted pupil in viral video
A magistrate court in the Ogba area of Lagos state has remanded Stella Nwadigbo, the teacher who was seen in a viral video assaulting a three-year-old pupil. Nwadigbo was…
China backs Nigeria’s plan to increase currency swap line, issue panda bonds
The Chinese government says it supports Nigeria’s request to increase its currency swap line and its plan to issue panda bonds. Wang Yi, Chinese foreign affairs minister, spoke to…
First Bank, Nduka Obaigbena battle over alleged $225.8 million debt
The Federal High Court, Ikoyi, Lagos, has granted an order restraining all commercial banks in Nigeria from releasing or dealing in all monies and assets up to $225.8 million…
Rebased GDP data to capture illegal activities, modular refineries, says NBS
The National Bureau of Statistics (NBS) says modular refineries and illegal and hidden activities will be captured in rebased gross domestic product (GDP) data set to be unveiled by…
