The Economic and Financial Crimes Commission (EFCC) has made a major breakthrough, with the apprehension of 34 suspected currency speculators in Abuja. The arrests were made by EFCC operatives deployed to the Taskforce on Currency Mutilation, Dollarization of the Economy, and Forex Malpractice, underscoring the agency’s relentless efforts to curb financial crimes across the nation….
The American International School of Abuja (AISA) has transferred a substantial sum of $760,910.84 to the Economic and Financial Crimes Commission (EFCC), following a petition lodged by the commission. This transfer is part of an ongoing investigation into allegations surrounding the payment of school fees for five children of the former Kogi State Governor, Yahaya…
Dave Umahi Minister of Work has issued a stern ultimatum to construction companies tasked with the monumental project of rehabilitating the Abuja-Lokoja-Benin highway. Minister of Works, David Umahi, announced that a new contract worth N870 billion has been drafted to replace the expired one under the Nigerian National Petroleum Corporation (NNPCL) Tax Credit Scheme. The…
NAFDAC executed a well-coordinated raid on several establishments in Abuja. Among the targeted locations were Sahad Stores, a prominent supermarket, and H-Medix outlets across different areas of the capital city. The operation also extended to the bustling Utako market, where counterfeit medications were seized. This extensive sweep underscores NAFDAC’s commitment to safeguarding public health by…
The 2024 Oil and Gas Industry Games, eagerly anticipated by industry professionals worldwide, has confirmed Abuja as the distinguished host city for its 19th edition. Scheduled for the final week of April, this landmark decision by the organizing committee ignites excitement within the global oil and gas community. Abuja’s selection underscores its status as a…
The Nigerian Electricity Regulatory Commission (NERC) has taken decisive action against the Abuja Electricity Distribution Plc (AEDC) for its non-compliance with the Supplementary Order to the April 2024 Multi-Year Tariff Order. This enforcement action underscores NERC’s commitment to ensuring adherence to regulatory frameworks within the electricity sector. By imposing a fine of N200 million on…
The Labour Party (LP) finds itself thrust into chaos following a brazen attempt on the life of their national chairman, Barrister Julius Abure. News of the incident, which unfolded at Abure’s residence in Abuja, has reverberated across the political spectrum, sending shockwaves through the nation. In a statement released by LP’s national publicity secretary, Obiora…
The Federal Capital Territory Administration (FCTA) executed a substantial initiative yesterday, reclaiming more than 100 hectares of land in Gosa District from encroachers. This decisive action not only highlights the government’s unwavering dedication to combatting unlawful land acquisition but also signals a significant stride towards rectifying the persistent issue of illegal land grabbing in the…
The Abuja Electricity Distribution Company (AEDC) has announced its intention to disconnect barracks and 84 government agencies over their accumulated debt of more than N47.1 billion. This decision, outlined in a notice of disconnection issued on Monday, underscores the severity of the financial strain faced by the distribution company due to unpaid bills. Among the…
The Nigerian Super Eagles, fresh off their commendable silver medal performance at the African Cup of Nations (AFCON), were greeted with a warm welcome in the Federal Capital Territory, Abuja. Following their gallant display in the final against host nation Cote D’Ivoire, where they narrowly lost 2-1, the team arrived in Abuja to a reception…
