MALI’S military junta has lifted the suspension on political party activities, initially imposed to maintain public order. The suspension was enacted in April, just before a national dialogue aimed at achieving peace in the Sahel region, which has faced a jihadist insurgency for over a decade. The council of ministers stated that the …
Read More »South African Bank Scandal Leader Sentenced To 15 years
TSHIFHIWA Matodzi, the key figure behind the $130 million VBS Mutual Bank scandal that rocked South Africa, has been sentenced to 15 years in prison. Matodzi, the former chairperson of VBS Mutual Bank, pled guilty to 33 charges, including corruption, theft, fraud, money laundering, and racketeering. Although he received a combined sentence …
Read More »24-year-old Ugandan Man jailed For Insulting President Museveni On TikTok
President Yoweri Museveni A Ugandan court has sentenced Edward Awebwa, a 24-year-old man, to six years in prison for insulting President Yoweri Museveni, First Lady Janet Museveni, and their son Muhoozi Kainerugaba via a TikTok video. Awebwa was charged with hate speech and disseminating ‘misleading and malicious’ information, including claims …
Read More »FG Lauds Moniepoint’s Contributions To The Growth Of The Informal Economy
VICE President of the Federal Republic of Nigeria, Senator Kashim Shettima, has restated the government’s unvarnished commitment to deepening economic and financial inclusion in line with President Bola Tinubu’s Renewed Hope Agenda, noting that financial inclusion is a core component and the government is making a lot of efforts to …
Read More »‘Nigeria Music Industry Is Fake’ – Rema
Afrobeats singer, Divine Ikubor, better known as Rema, has said that the Nigerian music industry is fake and dominated by fake people. Newsextra24 reports that the ‘Benin Boys’ crooner made this known at the listening party of his sophomore album, ‘He Is,’ in Lagos on Wednesday night. Rema explained that the fake …
Read More »Samoa Agreement Is Useless To Nigerians – Rep Ikwechegh
Federal House of Representatives member for Aba North/Aba South Federal Constituency, Abia State, Alex Ikwechegh, has said the Samoa Agreement is useless to Nigerians. Ikwechegh said insecurity, hunger and injustice are problems confronting Nigerians that need urgent attention. He said this on Tuesday, at the Green Chamber, while speaking on …
Read More »EFCC To Arraign ex-minister, Saleh Mamman For ₦33 Billion Money Laundering
The Economic and Financial Crimes Commission (EFCC) is set to arraign former Minister of Power, Saleh Mamman, on Thursday, July 11, before Justice J. K. Omotosho on charges of alleged ₦33 billion money laundering. According to Channels TV, an EFCC insider disclosed that Mamman faces a 12-count charge, including conspiracy to …
Read More »FG Shuts Down Mining Company In Ogun Over Illegal Activities
The Federal Government has reportedly shut down a sand dredging and mining firm operating in Ilate-Etido Community, located in Obafemi/Owode Local Government Area of Ogun State, for allegedly engaging in unlawful mining practices. Newsextra24 learnt that the firm, known as Ojibas Nigeria Limited and owned by a local businessman from Osun State, was …
Read More »Death Rumour: Veteran Actor, Olu Jacobs Celebrates 82nd Birthday
Veteran Nollywood actor, Olu Jacobs, is celebrating his 82nd birthday today, 11th July, 2024. Newsextra24 reports that this comes barely two weeks after rumours of his death made the rounds on social media. Jacobs’ wife, Joke Silva, took to her Instagram page to celebrate the milestone, sharing a video that included the …
Read More »CAC Threatens To Cancel Certificates Of BDCs With Revoked Licences
THE Corporate Affairs Commission (CAC) has declared its plan to revoke the incorporation certificates of some Bureaux De Change (BDCs) following the revocation of their licenses by the Central Bank of Nigeria (CBN). In a statement on its website on Wednesday, CAC stated that it would revoke the certificates of …
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