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In continuation of efforts to increase the availability of Foreign Exchange in order to ease the difficulties encountered by Nigerians in obtaining funds for Foreign Exchange transactions, the Central Bank of Nigeria (CBN) is providing direct additional funding to banks to meet the needs of Nigerians for Personal and Business Travel, Medical needs, and School […]

A former Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Engr. Andrew Yakubu, has dragged the Economic and Financial Crimes Commission (EFCC) to court seeking the immediate release of the $9.8million and £74,000‎ recovered from him last week . Yakubu instituted a suit at the Federal High Court, Kano requesting it to set […]

After several months of respite, the Nigerian Community in South Africa have confirmed attacks and looting of their businesses in Pretoria West on Saturday. Mr Ikechukwu Anyene, President, Nigeria Union in the country told the News Agency of Nigeria (NAN) on telephone from Pretoria, South Africa, that the attacks began at 4.00 a.m. He said […]

The Nigerian Army has issued a stern warning to members of the military and the general public to desist from spreading false stories about the force.  Spokesman for the Army, Brigadier Sani Usman in a statement on Saturday also revealed that investigations are on to determine the source of rumours aimed at tarnishing the army’s […]

Late last month, as a section of the country awaited the triumphant return of James Ibori, an ex-governor of Delta State, who was jailed, incidentally, in the UK for his egregious looting of his state’s treasury while in office, the Nigerian media landscape was abuzz with stories about the mind-boggling salaries, allowances and other perquisites […]

The Winners Chapel, a church owned by Pastor David Oyedepo got N35million out of the N19.7billion stolen from the accounts of the Nigerian Maritime Administration and Safety Agency (NIMASA), the court was told on Friday. The money was paid to the church on the instruction of Major-General Emmanuel Atewe, a former commander of the Joint […]

The Governor of Delta State, Ifeanyi Okowa has reminded residents of the eight Local Government Area where motorcycle riding is banned that the ban is still on. The governor gave the reminder on Friday in a press release signed by Paul Osahor, the director of information in the state.  Osahor said: “It is hereby announced […]

Senator Ahmed Makarfi is not the rightful chairman of the caretaker committee of the Peoples Democratic Party, court has ruled. The Port Harcourt Appeal Court made the affirmation on Friday after it nullified the PDP national convention in Port Harcourt that established Makarfi’s committee and described the process that led to it as an abuse […]

The Economic and Financial Crimes Commission (EFCC) and the Attorney General of the Federation (AGF) have been taken to an Abuja High Court over an alleged unlawful detention of a business man, Engineer Bashir I. Bashir in November last year without trial as well as seizure of his numerous properties. Bashir who is challenging his […]

The carnival-like reception accorded disgraced former Delta State governor, James Ibori, who returned to the country the other day, after serving his 13-year jail term in a London prison, is another blight on the toga of Nigeria’s international image as a country of villain worshippers, bereft of moral values where an ex-convict and a man […]

A Federal High Court Lagos on Thursday ordered the final forfeiture of the sum of N34 billion (153 million dollars) linked to a former Minister of Petroleum Resources, Mrs Diezani Allison-Madueke. Justice Muslim Hassan issued the order while delivering judgment in a suit by the Economic and Financial Crimes Commission (EFCC) seeking the forfeiture of […]