ENUGU State Government has set up a standing committee for property and land reconciliation and compensation, with the mandate to review all title documents, construction approvals, double and wrongful allocations and double certificates of occupancy. The committee is also to evaluate compensations in respect of government’s acquired lands, among other …
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Buhari Reacts To Former Yobe Governor, Bukar Ibrahim’s Death
FORMER President Muhammadu Buhari, on Sunday, expressed grief over the death of the former Governor of Yobe State, Bukar Abba Ibrahim. In a statement issued by his spokesman, Garba Shehu, the President expressed sadness over the death of a founding member of the All Progressives Congress (APC). The former President …
Read More »Forex Crises: Why Isaac Fayose Should Shut up
I had a long talk with a Bank Chairman this morning and he described his worry about the ongoing rumour that the CBN could move against domiciliary accounts and force the content into Naira on the back of the continued fight to salvage the Naira. This issue have always been …
Read More »EFCC Recovers N70bn Within 100 Days
THE Economic and Financial Crimes Commission, EFCC, says it has recovered a total of N70 billion within 100 days, between October 2023 and January 19, 2024. Details of the recovery were outlined in an EFCC document titled, ‘Operations and Recoveries’. The document revealed that between October 2023 and January 19, …
Read More »Court Sentences UNIMAID Don For Two Years In Custody
By Salihu Inusa, Maiduguri A Magistrate Court in Maiduguri, the Borno state capital has sentenced Professor Abdulfattah A. Aboaba of the University of Maiduguri (UNIMAID) to two years in custody for criminal intimidation punishable under Section 397 of the Penal Code. A copy of the judgement which was made available …
Read More »Black Market Dollar To Naira Exchange Rate Today 3rd 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 2nd February, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »Court Sentences Six To Jail For Internet Fraud In Kaduna
JUSTICES Darius Khobo and Amina Ahmed Bello of the Kaduna State High Court sitting in Kaduna, separately convicted and sentenced six persons to various jail terms for internet and land fraud. While Justice Bello convicted and sentenced five persons to eight years imprisonment for internet fraud, Justice Khobo jailed …
Read More »Gombe Court Jails Woman Three Years For N3m Fraud
THE Gombe Zonal Command of the Economic and Financial Crimes Commission, has secured the conviction and sentencing of Rose Dogara Silas Gyar to three years imprisonment. She was jailed by Justice Abdul Hamid of the Gombe State High Court sitting in Gombe after pleading guilty to one-count charge bordering …
Read More »CBN Adopts New Cash Reserve Measure
THE Central Bank of Nigeria (CBN) on Friday said that it will no longer be debiting daily amounts from the Cash Reserve Ratio and will instead be implementing an improved Cash Reserve Requirement method. Newsextra24 reports that the action is meant to make it easier for banks to plan, monitor, and …
Read More »Benue State University ASUU Declares Indefinite Strike
AN indefinite strike has been declared by the Academic Staff Union of Universities, Benue State University branch (ASUU-BSU). Newsextra24 reports that the union embarked on the industrial action to address longstanding issues related to better conditions of service. The decision was made public with the branch members on February 1, 2024, …
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