Justice Muhammad Maina of the Borno State High Court, Maiduguri on Tuesday, January 28, 2025, convicted and sentenced one Ahmed Saleh Mubi to one-year imprisonment for criminal misappropriation. Mubi was arraigned on Thursday, September 19, 2024, by the Maiduguri Zonal Directorate of the Economic and Financial Crimes Commission EFCC, on a one-count bordering[Read More…]
Author: Godwin Anyebe
FCT-IRS Seeks EFCC’s Collaboration in Tackling Tax Fraud
The Federal Capital Territory Internal Revenue Services (FCT-IRS) has called on the Economic and Financial Crimes Commission, EFCC, to assist it in tackling tax liability of suspects being investigated for any form of economic and financial crime and other acts of corruption. This appeal was made in Abuja on Wednesday,[Read More…]
Nigeria’s Digital Payments Surge: Instant Transactions Hit N1.7 Quadrillion In 2024
Paul Onehi The Nigeria Inter-Bank Settlement System (NIBSS) has released its latest report, highlighting a substantial increase in instant payment transactions. In 2024, the total transaction value skyrocketed to N1.07 quadrillion, representing a remarkable 78% growth from N600.36 trillion in 2023. According to NIBSS data, December 2024 recorded the highest[Read More…]
Dangiwa Predicts N2.25tn Boom for Nigeria’s Real Estate Sector by 2025
By Paul Onehi Nigeria’s Real Estate Industry Set to Skyrocket to N2.25tn by 2025, According to Minister of Housing and Urban Development Ahmed Dangiwa. The exciting news which emerged from the Minister of Housing and Urban Development, Ahmed Dangiwa, regarding Nigeria’s real estate industry is expected to reach a whopping[Read More…]
BREAKING: NCC Approves 50 Percent Tariff Adjustments By Operators
The Nigerian Communications Commission (NCC), pursuant to its power under Section 108 of the Nigerian Communications Act, 2003 (NCA) to regulate and approve tariff rates and charges by telecommunications operators, will be granting approval for tariff adjustment requests by Network Operators in response to prevailing market conditions. The adjustment, capped[Read More…]
Breaking: Former First Lady of Delta State, Edna Ibru, Dies at 80
By Francis Sadhere, Warri Mrs. Edna Ibru, the first civilian First Lady of Delta State and wife of former Governor Olorogun Felix Ibru, has passed away at the age of 80. She died in London on Wednesday, January 15, 2025, after a brief illness. A former Miss Nigeria in 1964,[Read More…]
Pa Clark Commends Delta Governor Oborevwori for Remarkable Achievements
By Francis Sadhere, Warri The Elder Statesman and Convener of the Pan Niger Delta Forum (PANDEF), Chief Edwin Clark, has lauded Delta State Governor, Rt. Hon. Sheriff Oborevwori, for his significant achievements since assuming office on May 29th, 2023. In an open letter released on Friday, Clark praised Oborevwori for[Read More…]
Senator Ned Nwoko Defects from PDP to APC, Signals Major Shift in Delta Politics
By Francis Sadhere, Warri In a groundbreaking political development, Senator Ned Nwoko has officially defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC), a move that is set to reshape the political landscape of Delta State. The announcement was made in his hometown of Idumuje Ugboko,[Read More…]
CREDICORP: 20,000 Armed Forces Personnel to Receive Consumer Credit, in partnership with Fewchore Finance
To mark Armed Forces Remembrance Day, Nigerian Consumer Credit Corporation (CREDICORP) has kicked off a consumer credit Fund for personnel of the armed forces. This is in partnership with Fewchore Finance, one of its participating financial institutions (PFI) aims to benefit 20,000 armed forces personnel in its first phase. This[Read More…]
Six Sentenced To Different Jail Terms For Internet Fraud
Justices Haleema Saleeman and Mahmud Abdulgafar of the Kwara State High Court, sitting in Ilorin have convicted and sentenced six persons to jail for fraud. The convicts are: Akingbehin Temitope Oluwaseyi, Ajayi Elijah Olaoluwa, Samsom Babatunde Ilesanmi, Quadri Olamilekan Lamidi, Kolawole Kehinde Moses and Olatunji Elija Olabisi. They were prosecuted[Read More…]
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]