THE Director-General, National Emergency Management Agency (NEMA), Mrs Zubaida Umar, has called for urgent measures to prevent flooding in the country. She said action must be taken now in view of the just released 2024 Seasonal Climate Prediction and the Annual Flood Outlook. The D-G stated this in Abuja on …
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Stock Market Rebounds With N57bn Gain Amidst Buying Interest
THE Nigerian Exchange Ltd. (NGX) rebounded on Wednesday, gaining N57 billion to close at N56.504 trillion. This increase follows eight consecutive sessions of losses. The market capitalisation, which opened at N56.447 trillion, rose by 0.10 per cent to reach N56.504 trillion by the close of trading. Similarly, the All-Share index …
Read More »Army Detains 2 Soldiers Over Alleged Theft In Dangote Refinery
THE Nigerian Army (NA) says its has detained two soldiers allegedly involved in a reported case of theft at the Dangote Refinery in Lagos. The Director, Army Public Relations, Maj.-Gen. Onyema Nwachukwu, in a statement on Wednesday, said the Nigerian army was deeply concerned over its personnel’s involvement in criminality. …
Read More »Ogun State Assembly Passes Assembly Commission Amendment Bill
THE Ogun House of Assembly on Wednesday passed the State House of Assembly Service Commission (Amendment) Bill, 2024. The passage of the bill followed presentation of the Committee’s report by the Chairman, House Committee on Establishments and Public Service Matters, Mr Babatunde Tella at plenary in Abeokuta. Tella moved the motion …
Read More »Navy Apprehends 75 Stowaways In 8 Months
THE Nigerian Navy has decried the growing menace of stowaways in Lagos waters, saying it apprehended about 75 stowaways from August 2023 to April 2024. This is contained in a statement by the Director of Information, Navy, Commodore Aiwuyor Adams-Aliu, on Wednesday in Abuja. Adams-Aliu said the Nigerian Navy was …
Read More »Kano High Court Affirms Ganduje’s Suspension from APC
A Kano State High Court has affirmed the suspension of the National Chairman of the All Progressives Congress, Abdullahi Umar Ganduje. The court, in granting an ex parte order, also restrained Ganduje from further parading himself as a member of the party. The order was granted by Justice Usman Malam …
Read More »Depositors, Shareholders Worry Over N1.136bn Fraud That Hit WEMA Bank in 2023
DEPOSITORS and shareholders of the Moruf Oseni-led Wema Bank PLC are worried over the N1.136 billion that was perpetrated thtough its sytem in 2023. There were 1,195 recorded fraud cases, 97 per cent of whivh were reportedly committed by outsiders. In its full-year 2023 financial statement released recently, Wema Bank …
Read More »Edo High Court Sentences Three Kidnappers To Death By Hanging
AN Edo State High Court sitting in Benin City has sentenced three persons to death by hanging for armed robbery and kidnapping. Justice R. Irele-Ifijeh, who presided on the High Court said that the offences were punishable under Section 3 of the Kidnapping Prohibition Amendment Law of Edo State 2013 …
Read More »Abuja Court Gives EFCC Go-ahead To Arrest Ex-Governor Yahaya Bello
A Federal High Court, Abuja, on Wednesday, ordered that a warrant be issued to the Economic and Financial Crimes Commission (EFCC) for immediate arrest of former Governor of Kogi, Alhaji Yahaya Bello. Justice Emeka Nwite, in a ruling on EFCC’s ex-parte motion, held that after listening to the submission of …
Read More »Military To Partner Ministry Of Environment To Preserve Nigeria’s Forest, Wildlife
THE military and the Ministry of Environment have agreed to partner in the protection and preservation of the nation’s forests and wildlife. The agreement was reached on Wednesday during a visit of the Chief of Defence Staff, Gen. Christopher Musa and his team to the Ministry of Environment in Abuja. …
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