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 …
Read More »Alleged N2bn FIRS Fraud: Defence Counsel’s Absence Stalls Ita’s Trial
THE ongoing trial of Emmanuella Eteta Ita, Head of Stakeholders Unit of the Federal Inland Revenue Services, FIRS and her Surestart School Limited was stalled on Monday, February 19, 2024 due to the absence of defence counsel, Paul Erokoro, SAN. Ita and Surestart School Limited are standing trial before Justice F. Giwa Ogunbanjo …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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) …
Read More »We Cannot Fight Insecurity Without Good Roads – FCT Minister, Wike
THE minister of the Federal Capital Territory (FCT), Nyesom Wike has stated that challenges of insecurity and food security cannot be combated without having good roads. He noted that the construction of rural roads would help to address the challenges of insecurity in the FCT, reduce rural-urban migration as well …
Read More »Black Market Dollar To Naira Exchange Rate Today 21st February 2024
WHAT is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 20th February, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »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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