FCT Police Command Arrests 85 Suspects In Four Days

The Federal Capital Territory Police Command has arrested 85 criminal suspects in different parts of Abuja, the nation’s capital. The arrests were carried out in a coordinated raid exercise between March 31 to April 4, 2024, when the police stormed some identified black spots and criminal hideouts serving as places of hibernation for hoodlums in Durumi and Dei-Dei axis of Abuja. According to a statement on Sunday by the FCT Police Public Relations Officer, SP Josephine...

NERC Slams N200m Fine On AEDC For Violation Of New Tariff

For violating the New Tariff Order, the Nigeria Electricity Regulatory Commission (NERC) has fined the Abuja Electricity Distribution Company (AEDC) N200 Million. According to a Statement by the Commission, the electricity regulatory body has also directed an immediate refund to Customers who have been overcharged The commission stated it has taken enforcement action against AEDC for non-compliance with the Supplementary Order to the April 2024 Multi-Year Tariff Order. “AEDC is to pay the sum of N200...

IGP Appoints Police Public Relations Officers and Deputies

The Inspector General of Police, Olukayode Egbetokun, has approved the posting of Police Public Relations Officers, PPROs, and Deputy Public Relations Officers at the Force Headquarters, Abuja. The Force Public Relations Officer, Olumuyiwa Adejobi in a statement on Saturday said the appointments were meant to strengthen community engagement and strategic communication. Adejobi added that the newly posted officers have been “tasked to be professional in their dealings and foster unalloyed relationships with members of the...

Over 50,000 Nigerians To Perform 2024 Pilgrimage In Saudi Arabia

No fewer than 50,000 Nigerian intending pilgrims will perform the 2024 hajj in the Kingdom of Saudi Arabia. The Saudi Ministry of Hajj and Umrah has allocated 95,000 Hajj slots to Nigeria for the 2024 pilgrimage. Malam Jalal Arabi, Executive Chairman of NAHCON, disclosed this at a news conference while breaking the Ramadan fast with Journalists on Friday held at Hajj House in Abuja. Malam Arabi noted that Nigerians should celebrate the milestone at a...

Chairman Kano Anti-Graft Agency Suspended

The Chairman of the Kano State Anti-Corruption and Public Complaints Commission, Muhuyi Magaji, has been suspended. He was suspended by the Code of Conduct Tribunal (CCT) based on a 10-count corruption accusation against him by the Code of Conduct Bureau (CCB). Veronica Kato, the CCB’s Chief Press Secretary, in a statement in Abuja, says the suspension became necessary to avoid interfering with the ongoing trial against him. In his ruling, the Chairman CCT, Justice Danladi...

Nigerian Government Sets To Enhance Cooperation With Other Countries

The Nigerian government is committed to enhancing cooperation with other countries in education, mining, culture, and tourism. President Bola Tinubu stated this in Abuja while receiving Letters of Credence from the High Commissioner of Jamaica, Lincoln Downer; and that of Australia, Leilani Bin-Juda; and the Ambassador of Romania, Florin Talapan. President Tinubu in separate meetings assured them of Nigeria’s support for a rewarding stay and re-affirmed his government’s commitment to maintaining an open door policy...

Bobrisky Pleads Guilty to Naira Abuse Charge, Awaits Sentencing

Popular Nigerian social media personality Idris Okuneye, better known as Bobrisky, pleaded guilty on Friday to a four-count charge of naira abuse brought against him by the Economic and Financial Crimes Commission, EFCC. Bobrisky arrived at the Federal High Court in Lagos facing six charges, but the prosecution dropped the last two related to alleged money laundering after discussions with the defence. The remaining charges centred on videos posted by Bobrisky on social media that...

FG Recommends Segilola Model To Mining Companies

In a bid to improve the development of the solid minerals sector in the country, the Minister of Solid Minerals Development, Dr. Dele Alake has advised mining companies to emulate the international best practices of the Segilola gold project to develop the sector. Alake expressed the commitment of the federal government to support mining companies that place a premium on local content in their operations. Speaking during a site tour of the Segilola Resources Operating...

NERC Slams Abuja Electricity N200m Fine Over Misapplication Of New Tariff

The Nigerian Electricity Regulatory Commission (NERC) has slammed Abuja Electricity Distribution Plc (AEDC) with a fine of N200 million for failing to adhere to its tariff guidelines, thereby creating a stir among consumers and industry stakeholders alike. According to reports, the fine came in the wake of the Supplementary Order to the Multi-Year Tariff Order for 2024, issued on April 3, 2024, which AEDC has been found in violation of. A detailed correspondence released by...

Wema Bank Grows Profit Before Tax By 196% In Year 2023

The Wema Bank Plc has grown its profit before tax by 196 percent as it announces a full year 2023 audited financial statement. According to reports made available to journalists, the bank recorded Profit before tax growth of 196% from ₦14.75bn to ₦43.59 billion. Proposed dividend per share of 50kobo; up from 30kobo in 2022. Deposit growth of 60% to ₦1,860.57bn from ₦1,165.93bn reported in FY 2022. Return on Equity (ROAE) of 39.28%, NPL of...

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