Dr Ngozi Okonjo-Iweala, the Director-General of the World Trade Organization, (WTO,), says President Bola Tinubu deserves credit for stabilising Nigeria’s economy through bold reforms. She spoke with State House correspondents on Thursday after a closed-door meeting with the President at the Presidential Villa, Abuja. Okonjo-Iweala noted the government’s efforts to …
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Man, 26, Remanded over Alleged N450,000 Fraud, Certificate Forgery
A Mapo Grade ‘A’ Customary Court in Ibadan on Thursday remanded a 26-year-old suspected fraudster, Musa Jafar, over an alleged fraud of N450,000 and certificate forgery. Jafar, however, pleaded not guilty to the five-count charge, bordering on conspiracy, false pretence, fraudulent obtaining and forgery, brought against him. Following his not-guilty …
Read More »Alleged N1.8trn Fraud: Investors seek EFCC, SEC’s Probe of Cryptocurrency Firm
NO fewer than 14, 000 Nigerian investors have prayed the Economic and Financial Crimes Commission (EFCC) to investigate activities of a cryptocurrency firm, MTS/TOFRO, over alleged N1.8 trillion investment fraud. The petitioners, though their lawyer, Ebuka Nwaeze, also urged the Securities and Exchange Commission (SEC) to investigate the extent of …
Read More »FG to Provide 500 Housing Units to all 36 States
Director of Urban Development, Federal Ministry of Housing and Urban Development, Mr Ahmed Akintola, says the Federal Government is planning to provide 500 housing units in each state of the federation. He said that additional 1000 units would also be provided in the Renewed Hope City in the six geopolitical …
Read More »Putin, Trump to hold Joint Press Conference following talks in Alaska
RUSSIAN President Vladimir Putin and U.S. President Donald Trump will hold a joint press conference following the Aug. 15, talks in Alaska, Kremlin Aide Yuri Ushakov said on Thursday. “After the completion of the negotiations, Vladimir Putin and Donald Trump will hold a joint news conference at which they will …
Read More »Tinubu appoints commissioners for FCCPC
President Bola Tinubu has nominated Louis Odion as Executive Commissioner, Operations, and Ummasalma Rabiu as Executive Commissioner (Corporate Services) of the Federal Competition and Consumer Protection Commission (FCCPC) The Presidential Spokesperson, Mr Bayo Onanuga, announced the appointment in a statement issued on Wednesday in Abuja. Onanuga noted that the nominations …
Read More »19-year-old Teenager gets 15 strokes of cane for stealing car battery
A Kaduna Magistrates’ Court on Thursday ordered that a 19-year-old teenager Clement Baba, be given 15 strokes of the cane for stealing car battery. Delivering judgment, the Magistrate, Ibrahim Emmanuel, gave the order after Baba had pleaded guilty and had asked the court for leniency. Emmanuel said that the punishment …
Read More »FEC approves $34m, N13bn for Power Sector Transformation
THE Federal Executive Council (FEC) has approved major funding to upgrade power infrastructure across the country, in a bid to boost electricity supply and support national industrial growth. Minister of Power, Adebayo Adelabu, disclosed this after Wednesday’s FEC meeting chaired by President Bola Tinubu at the Presidential Villa, Abuja. He …
Read More »NAAT rejects alleged Revocation of University of Abuja Land
THE National Association of Academic Technologists (NAAT) has called for constructive engagement and adherence to due process following reports of a proposed revocation of 7,000 hectares of land allocated to Yakubu Gowon University. The land in question is part of the 11,000 hectares originally granted to the institution, formerly known …
Read More »Nigeria will Start Producing 10m tonnes of Liquid Steel by 2030 – Tinubu
PRESIDENT Bola Tinubu has assured that by 2030, Nigeria will start producing 10 million tonnes of liquid steel. Tinubu, represented by the Vice-President Kashim Shettima, made this known on Wednesday at the Inaugural Stakeholders Summit on the Development of the Steel Sector in Nigeria, held in Abuja. The Nigerian leader, …
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