Chisco Transport Boss Commends Construction of Ultra-modern Station in Enugu

The Chairman/CEO of Chisco Transport Nigeria Ltd, Chief Chidi Anyaegbu, commends the Enugu State Government’s proposed construction of an ultra-modern terminal transport station at Market Road (known as Holy Ghost), Enugu. Reiterating the potential benefits of constructing a modern transport terminal in the city, Chief Anyaegbu with 46 years of experience in the industry said the project will boost the state’s economy. “Transport is life and I can say that the Executive Governor has a...

Nigerian Army Pulls Out Of Okuama After Deadly Clash

The Nigerian Army has completed its withdrawal from the troubled Okuama community in Ughelli South Local Government Area of Delta State. The pullout, announced on 8 May 2024, follows a tense standoff that began in March after the killing of 17 soldiers in the community. The soldiers were reportedly on a peacekeeping mission to quell communal violence between Okuama and neighboring Okoloba in Bomadi Local Government Area. However, they were ambushed and killed, sparking outrage...

US Embassy Refutes Rumours of Military Base Construction in Nigeria

The United States Embassy in Nigeria has flatly denied recent claims regarding alleged plans of the US government to establish a military base in the country. These allegations surfaced after some northern Nigerian leaders expressed concerns about the potential for a new defence pact with the US. According to the leaders, such a pact could pave the way for the redeployment of American troops previously stationed in the Sahel region. They warned that a foreign...

REPORT: Bandits Displace 10,000, Kill 92 in Zamfara and Sokoto

A recent report by the International Rescue Committee, IRC, indicates a surge in violence in Nigeria’s northwestern states of Zamfara and Sokoto. Armed attacks by bandits have reportedly displaced at least 10,000 residents and claimed the lives of 92 people between March and April of this year. The IRC, an organisation providing humanitarian aid, expressed concern over the escalating conflict and its devastating impact on local communities. Many of those displaced are now living in...

US-Africa Business Summit: Oyebanji Showcases Ekiti Investment Opportunities

In an effort to bring international investors to Ekiti State, Governor Biodun Oyebanji has showcased Ekiti State investment opportunities to the global arena during the 2024 US- Africa Business Summit. A press release by the media office of the Governor on Wednesday noted that Oyebanji took time to put Ekiti development on the global stage on Tuesday night as he highlighted investment opportunities in the state during his first presentation at the opening session of...

Air Force Chief Cautions Against Encroachment On NAF Lands

Air Marshal Hassan Abubakar, the Chief of the Air Staff (CAS) has warned institutions and communities located around Nigerian Air Force (NAF) bases nationwide to desist from illegal and wanton encroachment on NAF lands in view of its consequences on national security. Abubakar disclosed this while on a visit to the Governor of Benue State, Reverend Father (Dr) Hyacinth Alia at Government House, Makurdi to discuss issues related to encroachment on NAF land by neighbouring...

Binance False Claim On Bribery Is Diversionary -FG

The Federal Government (FG) has stated that it is aware of attempts by Binance Chief Executive Officer, Richard Teng to launder its impaired image, stressing that the bribery allegations against unidentified Nigerian government officials is diversionary. A press statement on Thursday signed by Rabiu Ibrahim, Special Assistant to the Minister of Information and National Orientation, stated that the Federal Government of Nigeria is aware of attempts by Binance to launder its impaired image as an...

Obi Berates Tinubu Over Introduction Of ‘Cyber-Security Levy’

The Labour Party (LP) presidential candidate in the 2023 general elections, Peter Obi has berated President Bola Tinubu’s government for imposing ”Cyber-Security Levy’ on Nigerians despite prevailing economic hardship. Obi disclosed this on Wednesday via a post on his X handle, and wondered when the office of the National Security Adviser (NSA) became a revenue centre. The former Governor of Anambra State accused the government of milking a dying economy instead of nurturing it to...

CBN Mandates 0.5% Cybersecurity Levy on Banks

…Lists 16 Transactions Exempted from Charge Nigerian banks are set to implement a new levy on electronic transactions following a directive issued by the Central Bank of Nigeria, CBN, on Monday. This levy, amounting to 0.5% of the transaction value, is specifically designated for cybersecurity purposes. The CBN circular, addressed to all deposit money banks, non-interest banks, payment service banks, and other financial institutions, cites the recently enacted Cybercrime (Prohibition, Prevention, etc) (amendment) Act 2024....

Nigerian Army Reports the Killing of Imo State IPOB/ESN Commander, Ojoto 

…Simon Ekpa discredits the report Nigerian troops, in a joint operation with other security agencies, have successfully neutralised a prominent terrorist figure, Tochukwu alias Ojoto, alongside two other militants of the Indigenous People of Biafra’s, IPOB, Eastern Security Network, ESN. The operation unfolded on Tuesday within the Ihiteukwa area of Imo state, situated near the border with Anambra state. A statement issued by the Nigerian Army, NA, confirmed the details. According to the military, Ojoto,...

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