A 35-year-old businessman, Shehu Saleh, was on Wednesday arraigned before a Magistrates’ Court sitting in Abuja for allegedly defrauding a business partner. The defendant, who resides in Karu Village, Abuja, is being tried for criminal breach of trust, cheating and criminal misappropriation, to which he, however, pleaded not guilty. The …
Read More »Kidnappers of Ondo Farmers Demands New Ransom of N20m
Abductors of the seven farmers in Itaogbolu, Akure North Local Government Area of Ondo State, have reduced the ransom from N100 million to N20 million. Newsextra24 reports that the victims were working on their farmland on Saturday when gunmen suspected to be kidnappers launched an attack and whisked them away. …
Read More »Nigeria’s Tax Reforms Aim to Reposition Economy — Oyedele
THE Presidential Committee on Tax Policy and Fiscal Reform has said that the ongoing tax reforms go beyond revenue generation, aiming instead to reposition the country’s economic trajectory. The Committee Chairman, Mr Taiwo Oyedele, made this known on Wednesday in Lagos at the Inaugural Annual Workshop for Attorneys-General on emerging …
Read More »NAICOM issues operational guidelines for insurance firms
THE National Insurance Commission (NAICOM) has issued operational guidelines for Insurtech businesses in the country to enhance insurance services. A statement by NAICOM in Abuja on Wednesday, said the guidelines would take effect from Aug. 1 to provide clear and unified regulatory framework for licensing, operations, and supervision of Insurtech …
Read More »FG calls for united front to tackle Human Trafficking — AGF
THE Attorney General of the Federation (AGF) and Minister of Justice, Mr Lateef Fagbemi, has called for a coordinated, multi-sectoral response to effectively combat human trafficking in Nigeria. He emphasised the need for collaboration across all levels of government, federal, state, and local, as well as with international partners and …
Read More »Nigeria’s Port Harcourt refinery not for sale – NNPCL
THE Nigerian National Petroleum Company Limited (NNPC Ltd.) has officially ruled out the sale of the Port Harcourt Refining Company, reaffirming its commitment to completing high-graded rehabilitation and retention of the plant. The Group Chief Executive Officer (GCEO) of NNPC Ltd., Bashir Ojulari, announced this at a company-wide town hall …
Read More »ICPC, NCAA collaborate to tackle aviation corruption
THE Independent Corrupt Practices and Other Related Offences Commission (ICPC) has pledged its readiness to collaborate with the Nigeria Civil Aviation Authority (NCAA) in the fight against corruption in the aviation sector. ICPC Spokesperson, Mr Demola Bakare, said this in a statement on Wednesday in Abuja. He said the ICPC …
Read More »Police nab 10 suspected Human trafficking syndicate, rescue 36 victims in Minna
THE Police Command in Niger, says it has arrested a 10-man syndicate in Minna suspected to specialised in international human trafficking. The syndicate is believe to be acting as travel agents under false pretence and trafficking of unsuspecting victims to different countries. This is contained in a statement by its …
Read More »Saudi Arabia releases 12 Iranian Prisoners: Iranian embassy
Iran’s semi-official Tasnim news agency on Wednesday reported that twelve Iranians imprisoned in Saudi Arabia had been released and repatriated to their home country. The Iranians, identified as fishermen, were released following the completion of legal proceedings and formalities and on the back of constant follow-ups by the Iranian embassy …
Read More »FG inaugurates CNG buses to boost staff welfare
THE Federal Government has reiterated its commitment to institutional performance and staff welfare with the inauguration of Compressed Natural Gas (CNG) buses at the Federal Ministry of Finance in Abuja This was contained in a statement by the Director, Information and Public Relations of the ministry, Mr Mohammed Manga. Meanwhile, …
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