News

The Federal Government has announced its qualification for a loan from the World Bank, totaling 2.25 billion dollars.The Minister of Finance, Wale Edun announced this during a joint press conference held by the Ministry of Finance and the Central Bank of Nigeria (CBN) at the spring meetings of the International Monetary Fund (IMF) and the World Bank in Washington D.C.He said the package, approved by the Bo...

The Minister of Solid Minerals Development, Dele Alake has said that the federal government would investigate the alleged illegal mining operations in Benue state.He also vowed that those found culpable will face the full wrath of the law.The minister spoke after listening to submissions from representatives of the affected mining operators and relevant mines inspectorate officials from the state....

The Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, has said that the volatility in the foreign exchange (FX) rate cannot end overnight, adding that there will be continuous ups and downs in the market.He, however, assured Nigerians that the CBN is doing everything possible to ensure that Nigeria achieves a stable exchange rate.Cardoso spoke in a joint briefing on the sidelines of the just-concluded ...

The National Drug Law Enforcement Agency (NDLEA) has warned travellers against accepting to take along luggage from anyone while travelling without knowing its content.The agency’s Director of Media and Advocacy, Femi Babafemi, passed the warning via his X handle on Sunday.He revealed that two students, including a PhD student, ran into trouble when bottles of codeine syrup were discovered in the lug...

President Bola Tinubu will on Monday open the African Counter-terrorism Summit in Abuja.The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, made this known in a statement.He noted that Nigeria, with the support of the United Nations Office of Counterterrorism (UNOCT), is organizing a high-level African counter-terrorism summit under the theme, ‘Strengthening Regional Cooperati...

The National Drug Law Enforcement Agency (NDLEA) says its operatives have arrested three members of an organized criminal organization which specializes in illicit drug trafficking across Nigeria, South Africa, Mozambique, Europe and America following the recent seizure of the single largest consignment of heroin at the Murtala Muhammed International Airport, MMIA Ikeja Lagos.The NDLEA in a statement signed by its spokesper...

The Nigeria Labour Congress has listed seven demands from the Federal Government ahead of the May 1, 2024 Workers’ Day.Aside from demanding for a new minimum wage, the NLC is also asking for the creation of state and local government police to tackle insecurity in the country.The congress also stressed that states and local governments, as well as the organized private sector, must pay the new minimu...

Operatives of the Edo State Police Command have arrested Blessing Ogunu, a staff member of Bliss Legacy Limited, a real estate company based in Benin City, for alleged self-abduction.The Edo Police Public Relations Officer, SP Chidi Nwabuzor, disclosed this to newsmen in Benin City. He also revealed that two other suspects, Esther Anthony and Ukpebor Joel, were arrested along with her for conspiracy....

A middle age man suspected to be an electric cable vandal has been fatally electrocuted in Benin, Edo State. The yet-to-be-identified man met his untimely death while tampering with cables of a transformer belonging to Benin Electricity Distribution Company (BEDC). The incident occurred in the early hours of Tuesday, 16th of April, along Airport Road, Benin.The deceased had succ...

An Edo High Court sitting in Benin and presided over by Justice Irele-Ifijeh has sentenced three persons to death by hanging for armed robbery, kidnapping and murder of one Ephraim Akhere.The convicts, whose names were given as Solomon Abuede, James Monday and Kelvin Edward were sentenced to death for armed robbery, kidnapping and the murder of Ephraim Akhere in Ihumudumun quarters in Ekpoma, the headquarters of Esan West L...