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…
Nwachukwu Placidus, a former bank manager at First City Monument Bank (FCMB) in Onitsha, Anambra State, has been handed a staggering 121-year prison sentence for embezzling over N112 million from a customer’s fixed deposit account. The court’s verdict serves as a stern warning against such egregious breaches of trust in the banking sector. The convicted…
Operatives of the Benin Zonal Command of the Economic and Financial Crimes Commission (EFCC) have scored a major victory in their ongoing battle against cybercrime with the arrest of 20 suspected internet fraudsters in Sapele, Delta State. The crackdown, which took place on Friday, May 3, 2024, was executed following actionable intelligence indicating the involvement…
In a decisive move against the rising tide of motorcycle snatching in Ekiti State, the police have apprehended eight suspects allegedly involved in the illicit trade. Led by the Commissioner of Police, Mr. Adeniran Akinwale, the crackdown targeted notorious individuals believed to be orchestrating the theft and subsequent sale of stolen motorbikes. Among the apprehended…
The Economic and Financial Crimes Commission (EFCC) has made staggering allegations against numerous former governors, implicating them in a web of corruption, embezzlement, and money laundering. According to EFCC reports, at least 58 ex-governors are accused of involvement in the misappropriation of approximately N2.187 trillion over a span of 25 years. This jaw-dropping amount excludes…
Governor Malam Dikko Umar Radda has reaffirmed the state government’s unwavering commitment to implementing the new national minimum wage. This assurance was given during his keynote address at the annual May Day celebration organized by the State Council of the Nigeria Labour Congress (NLC) at the prestigious Muhammadu Dikko Stadium in Katsina. Recognizing the importance…
On Wednesday, May 1, 2024, a group of suspected repentant Boko Haram insurgents unleashed chaos in the suburbs of Maiduguri metropolis. They stormed the National Drug Law Enforcement Agency (NDLEA) and the Nigeria Customs Service (NCS) checkpoints at Kasuwan Fara, chasing away the personnel on duty and setting ablaze all structures at the checkpoints.The incident…
The Port Harcourt Zonal Command of the Economic and Financial Crimes Commission (EFCC) achieved a significant legal victory on Friday, April 26, 2024, with the conviction and sentencing of Abraham Walson at the Federal High Court in Port Harcourt, Rivers State. The trial took place before Justice U.N Amogoh, focusing on nine counts related to…
In a crucial revelation during a discussion with the House of Representatives Committee on Ajaokuta Steel Development in Abuja, the Minister of Steel Development, Shuaib Abubakar, shed light on Nigeria’s staggering annual expenditure of $8 billion on steel imports from other countries. This revelation underscores the urgent need to revitalize the Ajaokuta steel company, a…
In a bid to enhance security infrastructure within the Federal Capital Territory (FCT), the Minister of FCT, Nyesom Wike, has unveiled plans for the procurement of drones. This move aims to bolster existing security measures and ensure the safety of residents and visitors alike. The announcement comes amidst growing concerns over security challenges in the…
