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LaLiga Cuts Barcelona Spending Limit By €66m

LaLiga on Tuesday, announced a cut on Barcelona’s annual spending limit by a further €66million. This is a reduction from €270m to €204m. Real Madrid still have the highest cap in Spain’s topflight at €727m. Atlético Madrid’s cap is also higher than Barcelona at €303m. After being previously cut by …

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EFCC Arraigns Bureau de Change Operator For N998.4m Fraud

THE Economic and Financial Crimes Commission, EFCC, on Monday, February 19,2024 arraigned Husaini Mohammed Auwal and his company, Humak Global Business Links before Justice J.O Abdulmalik of the Federal High Court, Abuja for  alleged illegal financial transactions to the tune of N998,421,564.00 (Nine Hundred and Ninety Eight Million, Four Hundred …

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Again, EFCC Arrests Two Chinese For Illegal Mining in Ilorin

OPERATIVES of the Ilorin Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Sunday, February 18, 2024 arrested another two Chinese over offences bordering on illegal mining activities.    The suspects are: Xiao Yi, 50 and Duan Yahong, 52. The two  expatriates were arrested alongside two others suspected to …

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Court Jails Two Undergraduates, Four Others In Osun, Oyo

THE Ibadan Zonal Command of the Economic and Financial Crimes Commission, EFCC, has secured the conviction and sentencing of two undergraduates of Obafemi Awolowo University, OAU and four others to various jail terms for their involvement in internet fraud.    The undergraduates, Gbolahan Khalid Adesina and Perekebena Olombeni Micah were …

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FG Hands Over Zungeru Power Plant To Concessionaire

THE Zungeru Hydroelectric Power Plant has officially been handed over to Penstock Limited, a concessionaire, by the Federal Government. Newsextra24 reports that this development was announced on Tuesday during the first meeting of the National Council on Privatisation (NCP) in 2024, which took place at the Presidential Villa in Abuja. This …

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Man Arraigned In Court For Attempted Murder, Armed Robbery

A High Court sitting in Umuahia, on Tuesday, arraigned one Promise Ikechukwu Ogbonna, a native of Olokoro in Umuahia South Local Government Area of Abia State on four count charges. The charges bordered on conspiracy to wit: armed robbery contrary to Section 6, armed robbery: contrary to section 1(2) (a) …

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Nigerian Navy Impounds 750,000 Litres Of Diesel In Rivers

THE Nigerian Navy said that its operatives have busted an illicit oil refinery in Abonema Wharf in Port Harcourt, Rivers State. According to reports, the illegal site was holding about 750, 000 liters of illicitly refined diesel, also known as automated gas oil. Newsextra24 reports that officers and crew members of …

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