The Abuja division of the Federal High Court on Monday gave a former Abia State Governor and Senate Chief Whip, Dr. Orji Kalu the permission to challenge his retrial by the Economic and Financial Crimes Commission (EFCC) on alleged money laundering charges. Consequently, Justice Inyang Ekwo has ordered that the …
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International Monetary Fund (IMF) has concluded that despite the $3.5 billion loan it gave Nigeria to cushion the effects of COVID-19 pandemic in April 2020, socio-economic conditions have worsened. In a report published, on Monday, on the Article IV Consultation for 2020, which ended on January 27, the Board noted …
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The police in Katsina State have arrested a former caretaker chairman of the Jibia Local Government Area of the state, Haruna Musa Mota, over alleged ties with bandits. The Katsina police spokesperson, Gambo Isah, confirmed the arrest of the former chairman. He added that Mota was arrested for allegedly aiding and …
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Sad Tales Of Enugu Community Where Politicians Only Visit During Election Campaigns An indigene of Ette Community, Igbo-Eze North Local Government Area of Enugu State, has decried neglect of the area by the state government. The source, who spoke with Newsextra24 on Tuesday, said the community lacks basic development even …
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Gov. Wike visits Ugwuanyi, Ekweremadu, others, over death of Transport Commissioner …Also commiserates with deceased’s immediate family *Burial date fixed for March 5 Governor Nyeson Ezenwo Wike of Rivers State has commiserated with Governor Ifeanyi Ugwuanyi of Enugu State over the death of his Commissioner for Transport, Rt. Hon. Mathias …
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Scarcity of the Premium Motor Spirit (PMS) popularly known as petrol is imminent as depot owners were said to have shut down operations on Monday. Depot owners were shutting down operations with the excuse that they have no products. According to the Independent Petroleum Marketers Association of Nigeria (IPMAN) National …
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Igboho Warns FG Over Frozen Bank Accounts, Rejects Award By Yoruba Youths The Yoruba activist and warlord, Chief Sunday Adeyemo popularly known as Sunday Ighoho yesterday warned the Federal Government over his frozen bank accounts and rejected award of recognition from the Yoruba Youth Socio-cultural Association (YYSA) . Speaking at …
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BUA, one of Africa’s largest conglomerates, has paid for 1 million doses of AstraZeneca COVID-19 vaccines for Nigeria through the AFREXIM Vaccine programme in partnership with CACOVID. These doses of the vaccine which should be delivered by next week, will be the first delivery of Vaccines to Nigeria since the …
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Twenty-six Nigerian states recorded zero foreign investment in the whole of 2020, figures released by the National Bureau of Statistics show. The report on capital importation into the country, compiled by the Central Bank of Nigeria, was released on Friday by the NBS. It captures the total Foreign Direct Investment …
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Cryptocurrency Ban: Every Medium Of Exchange Is Subject To Fraud And Criminality – Moghalu Former deputy governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu has criticized the apex bank’s reason for stopping cryptocurrency transactions in the country, Newsextra24 reports. CBN had in a statement released on Sunday February …
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