FG Raises N346.2bn from Bond Auction in November 2024

THE Federal Government has raised over N346.155 billion at its November 2024 bond auction, reflecting higher allotments despite a reduction in the amount offered. The auction, conducted by the Debt Management Office (DMO) on November 18, 2024, featured reopenings of the 19.30% FGN APR 2029 (5-Year Bond) and the 18.50% …

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Governors Uzodinma, Fubara, Coker-Odusote, Others Win NCS Awards

THE Governor of Imo State, Sen. Hope Uzodinma, has bagged the Digital Governor of the Year award  at the Nigeria Information Technology Merit Award (NITMA). The News Agency of Nigeria (NAN) reports that NITMA  is an annual event organised by the Nigeria Computer Society (NCS) to acknowledge and celebrate exemplary  …

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40-year-old Manager in Court Over Alleged N8m Theft

A 40-year-old company Manager, Chidinma Uloaze, who allegedly stole N8 million belonging to her employer, has been arraigned before an Ojo Magistrates’ Court in Lagos. Uloaze was arraigned before Magistrate L.K.J. Layeni on a two-count charge of conspiracy and stealing, to which she, however, pleaded not guilty. The Prosecutor, ASP …

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Customs hands over illicit drugs worth N117.59m to NDLEA

THE Nigeria Customs Service (NCS), Ogun Area 1 Command, has handed over illicit drugs worth N117.59 million to the National Drug Law Enforcement Agency (NDLEA). The Comptroller of the command, Mr James Ojo, disclosed this during the handing over of the drugs to Mr Olusegun Adeyeye, the Commander of NDLEA, …

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FG Confirms Arrest of Simon Ekpa by Finnish Authorities

THE Ministry of Foreign Affairs has confirmed the arrest of Mr Simon Ekpa, a Nigerian-Finnish citizen and prominent leader of the proscribed Indigenous People of Biafra (IPOB), on Thursday by the Finnish authorities. The ministry disclosed this in a statement by Kimiebi Ebienfa, the Acting Spokesperson of the Ministry of …

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ICPC Tracks Constituency Projects Worth N4bn in Imo

THE Independent Corrupt Practices and Other Related Offences Commission (ICPC) has begun tracking of constituency and executive projects in Imo. The News Agency of Nigeria (NAN) reports that the exercise kicked off in Owerri on Friday. The exercise, in its seventh phase , captured Zonal Intervention Projects across the state for …

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NPFL: Bendel Insurance coach, Monday Odigie Resigns

MONDAY Odigie has resigned from his position as the Chief Coach of Nigeria Premier Football League (NPFL) side Bendel Insurance FC of Benin. The notice of his resignation was shared on the official social media accounts of the club on Friday. “Matchday 13: We will be playing against Kwara Utd …

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BREAKING: Supreme Court Nullifies National Lottery Act

THE Supreme Court has nullified the National Lottery Act 2005 enacted by the National Assembly. The judgment followed the suit filed in 2008 by Lagos and some other states. Ruling on the matter, the Apex Court in a unanimous judgement consisting of seven members on Friday held that the National …

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