EFCC raid streets, arrests illegal money changers as effort to save the naira takes new shape

The Economic and Financial Crimes Commission, EFCC, has gone all out to save Nigeria’s local currency, the naira from its continued free fall against foreign currencies. On Wednesday, Nigeria’s forex crisis saw the naira trade for N1,830/US$1 in the streets. The official exchange rate does not fare better too. The currency has plunged to N1,555/US$1, moving closer to the street rate. The naira also weakened against the Great British Pound and the Euro. The rates...

Bill To Establish North Central Development Commission Passes Second Reading

The Bill sponsored by the senator representing Benue South Senatorial District and Senate Minority Leader, Comrade Abba Moro and co-sponsored by all the senators from North Central for the establishment of the North Central Development Commission (NCDC) passed the Second Reading on the floor of the Senate on Wednesday. The First Reading of the bill was on the 5th of October, 2023, and sponsored in the 9th Senate by Senator Moro where it passed the...

Cleric, 5 Others To Die By Hanging Over Robbery In Ondo

A cleric, Adewale Adelu, and five others have been sentenced to death by hanging over their role in armed robberies in Ondo state. The Ondo State High Court sitting in Akure said the convicts, Adelu, including Ikechuckwu Maduagwu, Fayemi Olubusuyi, Ropo Adeleye, Dele Otopka, and Bayo Omotosho were found guilty of attacking and robbing two commercial banks in Akure, the state capital and Idanre 13 years ago. The robbery incidents occurred at the defunct Diamond...

DSS calls on NLC to shelve upcoming protest

…”Protest will go on”, NLC responds As Nigerian workers under the umbrella of the Nigerian Labour Congress, NLC, are warming up for a total shutdown on February 27 and 28, the Department of State Services, DSS, wants the protest cancelled “in the interest of peace and public order.” Last Friday, the NLC declared a two-day nationwide mass protest to press the government to address the economic turbulence that has seen the naira weaken by the...

Nigerian Army kill one terrorist in Kaduna forest hideout

The Nigerian Army (NA) on Tuesday smoked out terrorists in Yadi Forest in Kidandan village in Kaduna. The “deep clearance operations”, according to the NA spokesman Major General Onyema Nwachukwu on Wednesday, led to the killing of one of the terrorist gang members. The terrorist fighter was killed in the heavy firefight between the soldiers and the outlaws. Other gang members subsequently took to their heels to avoid meeting a similar fate. “During the operation,...

Obi Calls On FG To End Inconsistency In Duty Charges

The presidential candidate of the Labour Party in the 2023 Presidential election, Peter Obi, has urged the federal government to end the inconsistency in duty charges, saying it is affecting the business atmosphere of the country. Obi made this known in a series of posts via his X handle on Wednesday, February 21. Obi stated that the government should show consistency in its policies, adding that it would help with economic forecasting and business planning....

Court remands lady lawyer who brutalized housemaid in police custody

Children, Sexual and Gender-Based Violence Court, sitting at the Chief Magistrate Court, Awka, has remanded Mrs Adachukwu Okafor, a lawyer in police custody for brutalizing a 11 years old girl living with her. Okafor had been accused of using sharp objects to injure the girls private part for some domestic chores she failed to do. She had a day earlier appeared before the Anambra State commissioner for Women Affairs and Social Welfare, and had claimed...

Terrorists kill 6, burn houses at a village in Katsina

Terrorists stormed Yan-Nasarawa village in Faskari LGA of Katsina State on Monday night, leaving a trail of six corpses, with burnt houses and motorcycles. Katsina State Police Public Relations Officer, ASP Abubakar Aliyu, confirmed the attack on Tuesday Aliyu said that the attackers were armed to the teeth with sophisticated AK-47 rifles. Sounds of heavy gunshots at about 11:30 p.m. jolted the locals from sleep. “They shot and killed six persons, injured 10, and set...

FG discovers 32 routes for food trafficking as smuggling operation to Niger is busted

The Nigerian government has made a significant discovery in its ongoing battle against food smuggling, uncovering 32 routes used to illegally export food items out of Nigeria. Vice President Kashim Shettima, making this revelation on Tuesday, said 45 trucks transporting dozens of bags of maize to neighbouring African countries were intercepted. “Just three nights ago, 45 trucks of maize were caught being transported to neighbouring countries. Just in that Ilela axis, there are 32 illegal...

Trader Crashes Price Of Spaghetti In Taraba

As a result of the crashing price of spaghetti by a trader, Alhaji Ibrahim Iro in Bali Local Government Area of Taraba State in his store from N600 per pasta to N250, residents of the community have turned the house into a market. Alhaji Ibrahim decided to crash the price of his spaghetti from the market price to bring succour to residents of the community to feed themselves. However, the major seller of food items,...

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