EFCC nabs fraudster buying bank accounts
Operatives of the Economic and Financial Crimes Commission have arrested one Olawole Sunday, a suspected…
Napoli, United in Osimhen talks
Napoli and Manchester United are in advanced talks over the potential transfer of Nigerian striker Victor Osimhen with the Italian club reportedly ready to offer the Red Devils a discount on the player’s release clause. According to Il Mattino, Napoli director Giovanni Manna has flown to London to discuss the sale of the 26-year-old with…
Newcastle legend backs Bassey to reach Van Dijk’s level
Former Newcastle goalkeeper Shay Given has tipped Fulham centre-back Calvin Bassey to reach the heights of Liverpool captain Virgil van Dijk, after a standout performance in Fulham’s 3-2 win over the Premier League leaders at Craven Cottage on Sunday. Bassey, 25, was instrumental as Fulham ended Liverpool’s 26-match unbeaten run in the league, producing a dominant…
Police bust Lagos baby factory, rescue 10 victims
The Lagos State Police Command has discovered a baby factory in the Ijegun area of the state and rescued 10 people. Three suspects were also arrested. The spokesperson for the command, Benjamin Hundeyin, shared this with reporters on Monday. Hundeyin said the illegal activity was exposed after the police received a tip-off last Saturday. He…
EFCC nabs fraudster buying bank accounts
Operatives of the Economic and Financial Crimes Commission have arrested one Olawole Sunday, a suspected internet fraudster, accused of purchasing bank account details from individuals to perpetrate financial crimes. A statement on Monday by the EFCC’s head of Media and Publicity, Dele Oyewale, said Sunday’s fraudulent scheme involved recruiting young individuals to open multiple bank…
Naira shed 2.6% in March despite $668m CBN intervention
The naira depreciated by 2.4 per cent and 2.6 per cent in March at both the Nigerian Autonomous Foreign Exchange Market window and the parallel market compared to the previous month. According to the latest Afrinvest Monthly Market Report titled ‘Analysing Global and Nigerian Economies & Financial Markets’, the naira dropped to N1,536.82/$ and N1,530.00/1.00…
Factional firestorm: Obi, Abure camps clash over parallel NEC meetings
The leadership tussle in the Labour Party took a dramatic twist on Monday after the Julius Abure-led National Executive Committee of the Labour Party announced the removal of Hon Afam Ogene as LP Caucus Leader in the House of Representatives over his involvement in anti-party activities. The NEC also vowed to direct the disciplinary committee…
LG autonomy: Govs block council chairmen from opening CBN accounts
The challenges facing the implementation of the Supreme Court judgment on local government autonomy have assumed a new dimension, with some state governors explicitly warning their council chairmen against opening an account with the Central Bank of Nigeria for the direct payment of their allocations from the Federation Account. The latest development represents yet another…
MTN tackles Netflix, Showmax, others in streaming battle
In a bold move to reshape Africa’s digital entertainment space, telecoms giant MTN Group has teamed up with UK-based video software powerhouse Synamedia to launch a next-gen streaming platform for mobile and broadband users across the continent. The partnership, aimed at delivering high-quality, relevant, and accessible content, marks MTN’s entry into direct competition with major players like Netflix, Showmax, Prime Video, and MultiChoice. MTN’s…
Tinubu promises tech-driven, modern police force to boost internal security
President Bola Tinubu says his administration is determined to bequeath a well-trained, well-motivated and well-equipped Police Force whose operations are enhanced by modern tools and technology to combat crime in Nigeria effectively. He said this had become necessary to ensure that the nation’s security forces are constantly “steps ahead of those who threaten the peace,…
‘It’s fake news,’ Presidency denies sacking INEC boss, Yakubu
The Presidency has debunked widespread reports claiming that President Bola Tinubu has sacked the Chairman of the Independent National Electoral Commission, Professor Mahmood Yakubu. The reports, which went viral early Monday, alleged that Yakubu had been removed from office and replaced with a certain Professor Bashiru Olamilekan in what was described as a “sweeping change”…
