An Ekiti State High Court, Ado Ekiti Division, has delivered a landmark verdict, sentencing three individuals to death by hanging for their involvement in armed robbery. The convicted individuals, namely Oyebanji Sola, Jimoh Azeez, and Ogunlade Babatunde, were found guilty of committing a heinous act of armed robbery, shaking the foundations of peace and security…
In a bid to address fiscal imbalances and foster equitable distribution of revenue, the Presidential Committee on Fiscal Policy and Tax Reforms has put forth a bold proposition to overhaul the allocation of Value Added Tax (VAT) revenue. Spearheaded by Taiwo Oyedele, the committee chairman, the proposal advocates for a significant realignment, with states and…
The Central Bank of Nigeria (CBN) has announced the extension of its suspension on processing fees for cash deposits. This decision, which comes as a relief to many, will see the waiver of fees on cash deposits above the threshold of ₦500,000 for individuals and ₦3,000,000 for corporates remain in effect until September 30, 2024….
In a stern warning to public officials, the Economic and Financial Crimes Commission (EFCC) has stated its resolute intention to take strong action against those found guilty of misappropriating public funds. The anti-graft agency made this unequivocal declaration, emphasizing that perpetrators of such crimes will face the full force of the law and will not…
In a dramatic turn of events, the Edo State House of Assembly has suspended three lawmakers amidst allegations of a clandestine scheme to impeach the Speaker and other principal officers. Speaker Blessing Agbebaku made the announcement during a tense plenary session on Monday, sending shockwaves through the political landscape of the state. Among the suspended…
Federal Government has pledged to tackle the high cost of medications across the country. This commitment underscores the government’s dedication to ensuring affordable access to essential healthcare for all citizens, regardless of their economic status. The announcement comes as a response to the mounting concerns over the rising prices of drugs, which have been a…
The Niger Republic Armed Forces (FAN) have successfully captured Kingpin Kachallah Mai Daji, a notorious Nigerian terrorist kingpin. According to security analyst Zagazola Makama, Mai Daji was apprehended near the border between Nigeria and Niger, specifically at Illela, while attempting to rustle livestock across the border. This capture marks a crucial victory in the ongoing…
The Federal Government of Nigeria has broken its silence over the arrest of Daniel Ojukwu, a journalist working for the Foundation for Investigative Journalism (FIJ). Mohammed Idris, the Minister of Information, has confirmed that the government is actively working to resolve the issues surrounding Daniel Ojukwu’s detention, signaling a commitment to upholding the rights of…
Rear Adm. Olumuyiwa Olotu, Commandant of the prestigious National Defence College (NDC), has underscored the global nature of terrorism, emphasizing the crucial need for unity and collective action among nations to combat this pervasive threat effectively. His remarks came during the International Cultural Fiesta hosted by the College’s Course 32 in Abuja, where senior military…
As Labour Union in Nigeria commemorated May Day, the anticipated announcement of a new minimum wage was met with disappointment as negotiations hit a stalemate. The impasse underscores the delicate balance between addressing workers’ needs and navigating economic constraints. The deadlock primarily revolves around the disparity between labour’s Union demand for a minimum wage of…
