CBN lifts ban on cash deposit of dollars, Stops sale of Forex to BDCs
The Central Bank of Nigeria has lifted a ban stopping commercial banks from accepting cash deposits of foreign exchange from customers. The CBN governor, Godwin Emefiele, who announced the decision…
Army Retires Two Officers, Nine for Prosecution over Roles in Ekiti, Osun Elections
The Nigerian Army has slated two of its officers for retirement for their unprofessional roles during the Ekiti and Osun governorship elections in 2015. This among other recommendations was contained…
Staff Implicate Mba, NBC Director-General, in N15Billion Alleged Fraud
The Economic and Financial Crimes Commission has arrested Emeka Mba, the Director General of the Nigerian Broadcasting Commission over an alleged N15 billion fraud. Mr. Mba was arrested on Monday…
PDP Says: ‘Release of Buhari Man, Jafaaru Isa, Confirms Witch-hunt Against Us’
The Peoples Democratic party (PDP) says the release of the associate of President Muhammadu Buhari and APC chieftain, Brig. General Jafaru Isa (retired) by the EFCC barely eight hours after…
Police Promote 3, 600 Senior Officers
In what looked like a rare New Year gift, over 3,600 senior police officers have been promoted, the Police Service Commission, PSC, has announced. In a statement on Sunday by…
Billionaire Mexican Drug Lord, El-Chapo, Recaptured Six Months After Epic Escape
The world’s most wanted drug lord, Joaquín “El Chapo” Guzmán, was recaptured by Mexican security forces Friday after a fierce pre-dawn gun battle in a western city that left five…
Security Operatives Storm Ex-Customs Boss’, Inde, Abuja Home
In a move which confirmed an earlier by Political Economist, security operatives on Friday morning besieged the Abuja residence of the immediate past Comptroller General of the Nigerian Customs Service…
Ozekhome, SAN, Faults Appeal Court Judgment on Abia Election
A Senior Advocate of Nigeria and Constitutional Lawyer, Mike Ozekhome has faulted the Justice Oyebisi Omoleye-led Panel of the Court of Appeal that nullified the election of Governor Okezie Ikpeazu…
Senate to CBN: Stop Your Forex Policy, It’s Killing Businesses
The Nigerian Senate has urged the Central Bank of Nigeria to relax its strict Foreign Exchange policy as it is doing more harm to the economy than good. Senate President…
N82m Birthday Bash: Wike Flounders in the Sewage of Corruption, Says Soyinka
Noble Laureate, Professor Wole Soyinka has responded to challenge thrown at him by the Rivers State Governor, Nyesom Wike over the alleged N82 Million purportedly splashed on his 80 birthday…