Hadi Sirika The Economic and Financial Crimes Commission (EFCC) has arrested Hadi Sirika, former Minister of Aviation under President Muhammadu Buhari’s administration, in connection with an ongoing N8 billion money laundering investigation related to Nigeria Air. Sirika arrived at the EFCC’s Federal Capital Territory Command around 1:00 pm on Tuesday. He is currently under questioning […]
Author: c4bn
Okoku Urges NFF to Choose New Eagles Coach Carefully
Okoku Former Nigeria midfielder Paul Okoku believes the next Super Eagles head coach should have a strong track record of nurturing young talent and promoting an aggressive attacking style of play. In a phone interview, Okoku—who served as the U-20 assistant captain at the 1983 U-20 World Cup in Mexico—expressed this view amid differing opinions […]
Dangote Reduces Diesel and Aviation Fuel Prices to N940, N980
Aliko Dangote Dangote Petroleum Refinery announced on Tuesday a further reduction in the prices of diesel and aviation fuel to N940 and N980 per liter, respectively. This price cut follows a celebrated decrease to N1,000 just two weeks prior. Customers purchasing five million liters or more from the refinery will benefit from the N940 price […]
“Banks Withholding N530bn of CBN Funds; Cardoso May Order Refund in Emefiele’s Social Programmes”
Ex-CBN Governor Godwin Emefiele Approximately N531.4 billion in Central Bank of Nigeria intervention funds remains unused within the accounts of nine deposit money banks, according to findings . The situation follows the suspension of all CBN intervention funds by the current governor of the apex bank, Olayemi Cardoso. Upon taking office, Cardoso ceased all development […]
“APC Labels Anti-Ganduje ‘Ward Excos’ as Impostors”
APC National Chairman, Ganduje The Executive Committee members of the All Progressives Congress (APC) in Ganduje Ward of Dawakin Tofa local government area in Kano state have labeled as impostors the individuals who announced the “suspension” of APC National Chairman Dr. Abdullahi Umar Ganduje on Sunday. According to the party, after an unsuccessful attempt to […]
“President Tinubu to Inaugurate African Counter-Terrorism Summit in Abuja”
President Bola Tinubu will kick off the African Counter-Terrorism Summit in Abuja on Monday, April 22. Supported by the United Nations Office of Counter-Terrorism (UNOCT), Nigeria is hosting a high-level summit themed “Strengthening Regional Cooperation and Institution Building to Address the Evolving Threat of Terrorism” from April 22 to April 23. The summit aims to […]
“First Bank Names New Managing Director and CEO”
First Bank First Bank of Nigeria has appointed Olusegun Alebiosu as its acting managing director. Alebiosu has served as the bank’s executive director and chief risk officer since 2022 and has been with the bank for nearly 30 years. His extensive experience includes credit marketing, trade, corporate and commercial banking, and credit risk management. He […]
Musicians support EFCC, endorse ban on spraying naira
Some musicians have expressed support for the recent enforcement by the Economic and Financial Crimes Commission (EFCC) to ban the abuse of the Naira. While the ban on spraying money at parties was initially perceived as potentially affecting musicians, several artists, including Wasiu Alabi (Pasuma), Saheed Osupa, and Adewale Ayuba, see it as a positive […]
Ribadu accuses Tinubu of strategically appointing Northerners to key positions.
National Security Adviser Malam Nuhu Ribadu stated that President Bola Tinubu deliberately appointed northerners to key positions to address challenges in the region. Ribadu made this statement during a lecture on “Navigating The Maze: Addressing Multi-Dimensional Insecurity Challenges In Northern Nigeria” at Usmanu Danfordiyo University, Sokoto’s combined convocation. Ribadu emphasized that the North […]
UK authorities have arrested Home Office employees for selling residency permits to asylum seekers.
UK Home Office staff A Home Office case worker has been arrested on suspicion of attempting to sell UK residency to an asylum seeker in Northern Ireland, according to BBC reports. The case worker allegedly contacted a vulnerable man, asking for £2,000 in exchange for approving his refugee application. The attempt involved using sensitive Home […]
FG Needs N3.2tn Subsidy to Reverse Electricity Tariff Hike – NERC
Electricity Tariff Hike The Chairman of the Nigeria Electricity Regulatory Commission, Sanusi Garba, stated on Thursday in Abuja that the Federal Government of Nigeria would need to allocate N3.2 trillion in 2024 to undo the recent increase in electricity tariffs. During a stakeholders meeting hosted by the House of Representatives Committee on Power, Garba acknowledged […]
N7.3tn Remitted to Federation Account in Six Months – RMAFC
Chairman, RMFAC, Mohammed Bello The Revenue Mobilization Allocation and Fiscal Commission has revealed that a total of N7.3 trillion was deposited into the Federation Account between July and December 2023, indicating an increased revenue flow. The Federation Account Allocation Committee shared the amount, which was remitted to the Central Bank of Nigeria under the title […]
“Osita Chidoka Warns PDP NEC Meeting Decisions Could Endanger Party’s Future”
Chief Osita Chidoka A chieftain of the Peoples Democratic Party (PDP) and former Minister of Aviation, Osita Chidoka, has cautioned that poor decisions made at the National Executive Committee (NEC) meeting could significantly impact the party’s future. Scheduled for today (Thursday), the PDP NEC meeting will address key issues, including whether current acting National […]
“Ex-Gov Bello Skips Court Appearance as EFCC Considers Military Aid for Arrest”
Governor Yahaya Bello of Kogi State The Economic and Financial Crimes Commission (EFCC) informed the Federal High Court in Abuja on Thursday that it is determined to arrest and prosecute former Governor of Kogi State, Alhaji Yahaya Bello, for his alleged involvement in money laundering. The EFCC stated that it would not hesitate to execute […]
“NDDC Links Sub-Station to Provide Power to Five Local Government Areas in Ondo”
Victor Antai The Niger Delta Development Commission (NDDC) has confirmed the completion and connection of its newly constructed 132/33kv electricity substation in Ode-Erinje, Okitipupa Local Government Area of Ondo State, to the national grid. During an inspection of the project, Victor Antai, the NDDC’s Executive Director of Projects, hailed the substation as a landmark initiative […]
“WHO Commends Nigeria as First to Deploy Latest Meningitis Vaccine”
The World Health Organization logo is pictured at the entrance of the WHO building, in Geneva, Switzerland, December 20, 2021. REUTERS/Denis Balibouse/File Photo Purchase Licensing Rights “World’s First: Nigeria Leads with Groundbreaking Men5CV Meningitis Vaccine Rollout, WHO Confirms Nigeria, a Meningitis Hotspot in Africa, Pioneers Revolutionary Vaccine Deployment In a significant stride towards eradicating meningitis, Nigeria […]
Ganduje Missing as APC Inaugurates Screening Panel for Ondo Governorship
National Chairman, APC, Abdullahi Ganduje The APC has inaugurated a seven-member committee tasked with overseeing the screening process for the 16 governorship aspirants who have purchased the N50 million nomination forms for the upcoming primary election in Ondo State. The ceremony, held at the national headquarters of the APC in Abuja on Friday, saw […]
NAFDAC Prohibits Turkish Soap, Cracks Down on Counterfeit Indian Injection Powder
NAFDAC DG, Prof. Mojisola Adeyeye NAFDAC Bans Turkey-Made Dex Luxury Bar Soap, Alerts Public on Counterfeit Indian Injection Powder The National Agency for Food and Drug Administration and Control (NAFDAC) has enforced a ban on the sale of Dex Luxury Bar Soap manufactured in Turkey. This decision comes in response to findings that the soap […]
“Nollywood Grieves Another Loss”
Junior Pope “Anambra State Police Recover Bodies from Recent Boat Accident as Nollywood Mourns Another Loss The Anambra State Police Command has retrieved the remaining three bodies of victims from the recent tragic boat accident along the River Niger coastline. SP Tochukwu Ikenga, the state police spokesman, underscored the importance of safety awareness among water […]
Wigwe: Ogunbanjo’s Family Files Lawsuit Against Charter Company After Helicopter Crash
Late Herbert Wigwe, wife and Abimbola Ogunbanjo. Photo Credit: Google Family of Late Nigerian Exchange Group Chairman Sues US Helicopter Company Over Fatal Crash The family of the late former Chairman of the Nigerian Exchange Group, Abimbola Ogunbanjo, who perished in a Southern California helicopter crash in February, filed a lawsuit on Wednesday against the […]