Revealing Boko Haram Sponsors May Hinder Investigation – Malami

Crime & SecurityNational SecurityNigeriaRevealing Boko Haram Sponsors May Hinder Investigation – Malami

Bada Yusuf Amoo (Correspondent)September 23, 2021

NEW YORK — The Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami, has defended the decision of the government not to name the sponsor of terrorists in Nigeria at the moment. The AGF said that this is imperative in order not to jeopardise investigations. The Minister said this while addressing journalists in New York, according to a statement by his Spokesman, Umar Gwandu, on Wednesday. The Federal Government has come under fire...

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IPOB Threatens One Month Sit-At-Home Protest If DSS Fails To Present Kanu In Court In October

Human Rights & FreedomPeoplePoliticsIPOB Threatens One Month Sit-At-Home Protest If DSS Fails To Present Kanu In Court In October

Bada Yusuf Amoo (Correspondent)September 23, 2021

AWKA — The Indigenous People of Biafra has threatened a one-month sit-at-home protest in ‘Biafraland’ if its leader, Nnamdi Kanu, is not brought to court on October 21. The Media and Publicity Secretary of the secessionist group, Emma Powerful, made this known on Wednesday in a statement made available to journalists in Awka, Anambra State. He said IPOB got from a reliable source that the Department of State Services (DSS) would not bring Kanu to...

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Five Top Banks Paid N1.4bn For Forex Infraction, Other Offences In 2021

BusinessMoneyNewsFive Top Banks Paid N1.4bn For Forex Infraction, Other Offences In 2021

Bada Yusuf Amoo (Correspondent)September 23, 2021

Five top banks in Nigeria paid a total of N1.4bn as penalties to financial regulatory bodies such as the Central Bank of Nigeria, Security Exchange Council and Financial Reporting Council of Nigeria, in the first half of the year. The banks are UBA, Fidelity Bank, Access Bank, GTBank and First City Monument Bank. This figure was arrived at from analysis of the H1 2021 financial statements of the banks obtained from their websites. Findings show...

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Two Days After Aboki FX Update Suspension, Dollar Hits N575

NewsTwo Days After Aboki FX Update Suspension, Dollar Hits N575

Bada Yusuf Amoo (Correspondent)September 21, 2021

LAGOS — The dollar rose to between N572 and N575 in different parts of the country on Monday barely two days after online platform, Aboki FX, stopped providing updates on the exchange rate. Our correspondent, who visited the ever-busy Wuse Zone 4 which is the hub of bureau de change operators in Abuja, observed that the dollar was sold for N574 as opposed to the N570 it was sold for on Friday. In Lagos, the...

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Sanwo-Olu Signs Anti-Open Grazing Bill Into Law, Joins Ogun, Ondo, Akwa Ibom, Rivers

BusinessLaw & JusticeSanwo-Olu Signs Anti-Open Grazing Bill Into Law, Joins Ogun, Ondo, Akwa Ibom, Rivers

Bada Yusuf Amoo (Correspondent)September 21, 2021

LAGOS — The Governor of Lagos State, Babajide Sanwo-Olu, has signed the bill prohibiting open grazing into law in the state. This comes barely a week after the governor assented to the State Value Added Tax Bill, empowering the state to collect VAT. Governor Sanwo-Olu’s assent to the bill also comes after some governors in the South, including Ogun, Ondo, Akwa Ibom, and Rivers signed the same law prohibiting open grazing. Members of the Lagos...

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Building Naval Base In Kano “An Example Of Putting A Square Peg In A Round Hole” – Edwin Clark

MilitaryNewsPoliticsBuilding Naval Base In Kano “An Example Of Putting A Square Peg In A Round Hole” – Edwin Clark

Bada Yusuf Amoo (Correspondent)September 21, 2021

Elder statesman and foremost Ijaw leader, Chief Edwin Clark, has lambasted the Chief of Naval Staff, Vice Admiral Awwal Zubairu, over the Federal Government’s plan to establish a naval base in Kano State. In an open letter addressed to Zubairu on Monday, Clark decried the approval of a naval base in Kano, saying the move is one of the nepotistic actions by the regime of the President, Major General Muhammadu Buhari (retd.). It had earlier...

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Banditry: Sokoto Shuts Down Telecom Networks in 14 Local Governments

Crime & SecurityBanditry: Sokoto Shuts Down Telecom Networks in 14 Local Governments

Bada Yusuf Amoo (Correspondent)September 21, 2021

SOKOTO — Telecommunication networks have been shut down in 14 of the 23 local government areas of Sokoto state by the state government. This was disclosed in a statement on Monday by the Special Adviser on Media and Publicity to Governor Aminu Tambuwal, Muhammad Bello. “About three weeks after it approved an Executive Order in response to the situation of insecurity in the eastern flank of Sokoto State, Governor of Sokoto State, Aminu Waziri Tambuwal,...

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Sunday Igboho: FG to Appeal N20bn Damages Against DSS, Malami

Law & JusticeNewsSunday Igboho: FG to Appeal N20bn Damages Against DSS, Malami

Bada Yusuf Amoo (Correspondent)September 18, 2021

IBADAN — The Federal Government has said it will appeal the judgment of an Oyo State High Court which has awarded the damages of N20 billion against the Attorney-General of the Federation, Abubakar Malami, and the Department of State Service (DSS). Justice Ladiran Akintola who delivered the ruling described DSS’ action as “arbitrary aggression and prejudices” against Igboho. Akintola said the N20 billion will serve as exemplary and aggravated damages. But Malami in an interview...

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Sunday Igboho: FG to Appeal N20bn Damages Against DSS, Malami

Law & JusticeNewsNigeriaSunday Igboho: FG to Appeal N20bn Damages Against DSS, Malami

Bada Yusuf Amoo (Correspondent)September 18, 2021

ABUJA — The Federal Government has said it will appeal the judgment of an Oyo State High Court which has awarded the damages of N20 billion against the Attorney-General of the Federation, Abubakar Malami, and the Department of State Service (DSS). Justice Ladiran Akintola who delivered the ruling described DSS’ action as “arbitrary aggression and prejudices” against Igboho. Akintola said the N20 billion will serve as exemplary and aggravated damages. But Malami in an interview...

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FG to “Shut Down” Popular Aboki FX Website, Prosecute Owner Over Soared Naira-Dollar Exchange Rate

BusinessMoneyFG to “Shut Down” Popular Aboki FX Website, Prosecute Owner Over Soared Naira-Dollar Exchange Rate

Bada Yusuf Amoo (Correspondent)September 18, 2021

ABUJA — The Federal Government has said that it will shut down the operations of Aboki FX, a website providing currency exchange information, which the bank described as an illegal and criminal platform. The Governor of the Central Bank of Nigeria, Godwin Emefiele, who disclosed this while fielding questions after the Monetary policy committee’s two-day meeting in Abuja on Friday, noted that the bank also plans to prosecute the owner of the platform, Olusegun Oniwinde....

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