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Former AMCON Boss, Others Face Court Over Alleged Multi-Billion Fraud Against Arik Air

The Economic and Financial Crimes Commission (EFCC) yesterday arraigned five individuals, including the former Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, for allegedly defrauding Arik Air of ₦76 billion and $31.5 million. The other defendants include the former Receiver Manager of Arik Air, Kamilu Omokide; the airline’s CEO, Captain Roy […]

Nigerians to Pay More as NCC Approves 50% Telecom Tariff Increase

Telephone subscribers in Nigeria are set to pay more for data and airtime as the Nigerian Communications Commission (NCC) on Monday approved a 50% tariff increase for telecom operators. In a statement, NCC spokesman Reuben Muoka explained that the increase, though lower than the over 100% hike requested by some network providers, was necessary to […]

Tinubu Launches Emergency Measures After Tanker Explosion Death Toll Hits 265

President Bola Tinubu has established a high-powered committee to address the spate of tanker explosions that have claimed 265 lives across Nigeria since September 2024. The move follows the tragic death of 88 people in a tanker explosion at Dikko Junction, Niger State, on Saturday night. Expressing deep sorrow, the president instructed security agencies and […]

Economic Sabotage: Wike Declares War on FCT Power Vandals

The Federal Capital Territory (FCT) Minister, Nyesom Wike, has vowed to prosecute vandals who damaged and stole transmission cables, plunging large parts of Abuja into darkness. Speaking during a media chat on Sunday evening, a visibly furious Wike confirmed the arrest of some suspects connected to the crime. The minister emphasised that the suspects would […]

PDP Leadership Divided Amid Fresh Legal Battles in Rivers State

The Peoples Democratic Party (PDP) faces escalating internal discord as a court ruling on the Rivers State executive has further fractured the party’s National Working Committee (NWC). The latest crisis stems from a Rivers State High Court judgement affirming the Governor Siminalayi Fubara-led faction of the party’s state executive. While the faction led by National […]

Lagos Assembly Begins New Era with Meranda’s Leadership Appointments

The Speaker of the Lagos State House of Assembly, Mojisola Meranda, has reaffirmed her commitment to fostering collaboration among all arms of government to achieve the vision of a “Greater Lagos.” In her first official act as Speaker, Meranda announced the appointment of new principal officers to steer the Assembly’s legislative agenda. Honourable Temitope Adedeji, […]

Tinubu Praises NGF’s Bold Endorsement of Tax Reform Proposals

President Bola Tinubu has lauded Nigerian governors for their endorsement of the Tax Reform Bills, describing their support as a “bold and commendable step.” The Nigeria Governors’ Forum (NGF) on Thursday endorsed the contentious bills, a decision welcomed by advocates of tax reform. Following the development, presidential spokesperson Bayo Onanuga expressed the President’s appreciation for […]

NCC Threatens USSD Code Suspension for Nine Banks Over Unpaid Debt

The Nigerian Communications Commission (NCC) has directed telecommunications companies to disconnect the Unstructured Supplementary Service Data (USSD) codes allocated to nine financial institutions due to unpaid debts. The directive, signed by the NCC’s Director of Public Affairs, Reuben Muoka, was issued on Tuesday and stipulates that the affected banks must settle their outstanding debts by […]

New Lagos Speaker Meranda Visits GAC for Guidance and Support

One day after her election as Speaker of the Lagos State House of Assembly, Mojisola Lasbat Meranda on Tuesday visited the Governor’s Advisory Council (GAC) to brief them on developments at the House and seek their blessings. The GAC, the highest decision-making body of the All Progressives Congress (APC) in Lagos, hosted Meranda and other […]

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