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…
Elon Musk shows interest in buying English club, Liverpool
Errol, father of Elon Musk, has revealed that the billionaire entrepreneur has expressed interest in purchasing Premier League team Liverpool. Musk, whose net worth is estimated at $418 billion,…
UK prison officer jailed over viral sex video with inmate
A former prison officer in the UK has been sentenced to 15 months in jail after being filmed engaging in sexual activity with an inmate. Linda De Sousa Abreu,…
Seplat oil production to hit over 120,000 bpd after buying Mobil assets
Nigeria’s Seplat Energy plans to revive 400 idle oil wells to meet its over 120,000 barrels per day crude production in the coming months, the company’s top management…
