Senate Approves 300% Salary Increase for Nigerian Judges

The Nigerian Senate on Wednesday passed a bill granting a significant pay rise to judicial officers across the country. The legislation proposes a 300 per cent increase in salaries, allowances, and fringe benefits for the Chief Justice of Nigeria, CJN, and all other judges at both federal and state levels. This decision comes after a report by the Senate Committee on Judiciary, Human Rights, and Legal Matters, chaired by Senator Mohammed Monguno, was presented and...

Naira Seen Weakening to N1,450-$1 by Year-End, Says Fitch Ratings

International credit rating agency Fitch Ratings has projected a decline in the value of the Nigerian naira by December 2024. The agency forecast the naira to settle around N1,450 to the US Dollar by year-end. This projection comes as the naira currently trades around N1,488 to the USD on the official market and N1,500 at the parallel market (as of 5 June 2024) amidst ongoing volatility in the Nigerian foreign exchange market. The naira has...

Court Freezes N11.1 Billion Properties Linked to Former CBN Governor

A Federal High Court in Lagos has ordered the interim forfeiture of properties valued at N11,140,000,000 allegedly linked to Godwin Emefiele, the embattled former governor of the Central Bank of Nigeria, CBN. Justice Chukwujekwu Aneke issued the order on Wednesday after an ex parte motion filed by the Economic and Financial Crimes Commission, EFCC. The EFCC, represented by senior advocate Rotimi Oyedepo, argued that the properties were suspected proceeds of unlawful activities by Emefiele. Emefiele...

Nigerian Government Defends Detention of Finance Executive, US Lawmakers Disagree

The Nigerian government is facing mounting pressure from the United States following the detention of Tigran Gambaryan, a US citizen and head of financial crime compliance at cryptocurrency exchange Binance. Gambaryan was arrested in April during a visit to Nigeria to discuss Binance’s compliance with local regulations. Nigerian authorities have accused Gambaryan of money laundering and other financial crimes. However, these charges have been met with scepticism by the United States. In a recent letter...

Kaduna State House Of Assembly Probes El-Rufa’i Over Alleged N423bn Fraud

The Kaduna State House of Assembly has resolved to request security and anti-corruption agencies to commence the investigation and prosecution of the immediate-past governor of the State, Nasir El-Rufai, and some other indicted members of his cabinet over alleged N423bn fraud. The resolution followed report of an investigation of the ad-hoc committee set up by the House, under the chairmanship of Hon. Henry Magaji Danjuma. Hon. Danjuma who submitted the report on Wednesday, said most...

Police Arrest 19 Suspects For Various Crimes

The Kano State Police Command has arrested nineteen suspects in connection with armed robbery, cattle rustling, kidnapping, and other banditry-related crimes. Superintendent of Police, Abdullahi Haruna Kiyawa, the Command Police Public Relations Officer, who disclosed this to newsmen in Kano, attributed the success to robust crime prevention patrols and intelligence gathering. SP Kiyawa said the investigation is ongoing and the suspects will be charged in court, adding that two AK-47 rifles, one smoke pistol, one...

Nigerian Guild of Editors Decries Abduction, Arrest Of Journalists

The increasing abduction and arrest of journalists in the country by security agencies especially the Nigeria Police Force under the guise of enforcing the Cyber Security Act has become a serious concern to the Nigerian Guild of Editors (NGE). NGE’s President, Eze Anaba, and the General Secretary, Dr Iyobosa Uwugiaren in a press statement issued at the end of a meeting in Port Harcourt, the Rivers State capital, noted that such illegal actions, the guild...

Federal Got Set To Seal Buildings Without Access For Persons With Disabilities

The Federal Government will soon commence sealing of public buildings that do not make access provisions for Persons with Disabilities. The Senior Special Assistant to the President on Special Needs and Equal Opportunities Mohammed Isa disclosed this in Abuja at the opening of the Ministerial meeting of ministers in charge of disability inclusion in West Africa. “The grace period for public buildings to comply by providing access to people with disability had elapsed and soon...

Senate To Pass Bill Establishing Animal Husbandry and Ranches Commission

A bill to establish the National Animal Husbandry and Ranches Commission has passed for a second reading on the floor of the Senate on Wednesday after a heated debate during plenary. Senator Zam, who spoke on the general principles of the bill, urged his colleagues to pass the bill, saying, “The proposed National Animal Husbandry and Ranches Commission is for management, preservation, and control of ranches throughout Nigeria.” The bill, however, met stiff opposition from...

President NCWS, Hajiya Lami Adamu Lau Is Dead

Hajiya Lami Adamu Lau, the President, National Council of Women Societies (NCWS) has died. She passed on in the early hours of Wednesday June 5, 2024, following a brief illness. The late Lau, according to NCWS was said to have been responsible for a number of empowerment programmes that relieved the suffering of many indigent women across the country. A press release from the office of the NCWS stated that her tireless efforts and contributions...

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