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Nigeria’s Diaspora Remittances Surge 61%, Hit $4.22bn

DIASPORA remittances through International Money Transfer Operators (IMTOs) surged to $4.22bn between January and October 2024, marking a remarkable 61 percent growth compared to $2.62bn recorded in the same period last year, says the Central Bank of Nigeria (CBN). CBN Governor Olayemi Cardoso announced the figures during a session with …

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Chad Gives France Six weeks to Pull Troops Out

CHAD has demanded that France withdraw its 1,000-strong military presence by January 31, 2025, marking the end of French military operations in the Sahel nation. This abrupt six-week deadline, confirmed by Chadian authorities, has heightened tensions between N’Djamena and Paris. The request, received late Thursday, has been described by French …

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Nigerian Police Detain Fake Navy Officer in Yobe

THE Police Command in Yobe says it has detained a 29-year-old man (name withheld) who allegedly posed as a Navy officer and defrauded several traders in the state. This is contained in a statement by the command’s spokesman, DSP Dungus Abdulkarim, in Damaturu on Friday. Abdulkarim said the suspect was …

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NDLEA Trains Officers, Strengthens Airport Operations

THE National Drug Law Enforcement Agency (NDLEA) has trained selected commanders and officers of the agency in Advance Passenger Information System (API) and Passenger Targeting/Intelligence Gathering. Mr Femi Babafemi, NDLEA spokesman, said in a statement on Friday in Abuja that the training was part of ongoing efforts to strengthen the …

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EFCC Budgets N500million For Office Furniture, Fittings Purchase In 2025

DETAILS on the published Nigerian government’s 2025 budget proposal has shown that one of its anti-corruption agencies, the Economic and Financial Crimes Commission (EFCC) plans to spend N500million for purchase of office furniture and fittings in the 2025 fiscal year. Other expenditures listed by the EFCC includes N46million for the …

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Fire Erupts at Liberia’s Parliament Amid Protests

LIBERIA’S parliament building caught fire on Wednesday, amid escalating protests in the capital, Monrovia. President Joseph Boakai condemned the ‘wanton destruction’ as the cause of the fire remained unclear, with authorities not ruling out arson. The incident follows days of unrest sparked by the recent removal of the parliamentary speaker, …

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Barrick Gold Seeks Arbitration in Mali Mine Dispute

BARRICK Gold has submitted an arbitration request to the International Centre for Settlement of Investment Disputes (ICSID) to resolve a mounting dispute with Mali over its Loulo-Gounkoto gold mine complex. The Canadian mining giant, which holds 80 percent ownership of the mine, is in conflict with Mali’s junta over a new …

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Ex-Guinea Defence Minister Jailed For Corruption

A COURT in Guinea has sentenced former defence minister Mohamed Diané to five years in prison for corruption, embezzlement, illicit enrichment, and money laundering. Diané, who served from 2015 to 2021 under President Alpha Condé, was convicted following an investigation by the military junta that took power in 2021. Alongside …

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