A former governor of Anambra State, Willie Obiano, has filed an application at the Federal High Court, Abuja, seeking the quashing of nine-count money laundering charges filed against him by the Economic and Financial Crimes Commission (EFCC). Specifically, Obiano, through his lawyer, Onyechi Ikpeazu (SAN), based his application on the
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Edo State Governor, Mr. Godwin Obaseki, has criticized the recent decision by the Central Bank of Nigeria (CBN) to raise the interest rate to 22.75 percent, labeling it as ‘detrimental’ to the nation’s economy.Addressing attendees at the annual Edo Zone Bankers’ Committee Dinner in Benin, Obaseki expressed concerns over the
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The war-torn Ukraine has donated 25,000 tons of wheat grain to Nigeria, a gesture aimed at alleviating the hunger crisis in the country.This donation, gifted through the World Food Programme (WFP), seeks to support 1.3 million vulnerable Nigerians grappling with the aftermath of conflicts in the North East and North
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Governor Caleb Mutfwang of Plateau State has blamed the current economic hardship being faced by Nigerians on the last administration led by Muhammadu Buhari.The governor alleged that Buhari supervised the printing and sharing of about N30 trillion.Mutfwang stated this during the swearing-in of 22 Special Advisers and heads of government
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The Central Bank of Nigeria (CBN) has further slashed the exchange rate for computing Customs duties at the nation’s seaports by 5.3 percent following the stability in the exchange rate of naira to the dollar.The Customs FX duty rate was reviewed downward from N1630.159/$ to N1, 544.081/$ on Monday, March
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The Minister of Aviation and Aerospace Development, Festus Keyamo, has refuted the claim that the ministry is planning to move a firefighting simulator out of the Nigerian College of Technology, Zaria, to Lagos State.In a statement by his Special Adviser on Media and Communication, Tunde Moshood, on Monday, the minister
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The lingering tussle between the Olu of Warri, Ogiame Atuwatse III and Chief Ayiri Emami, a business mogul and chieftain of the All Progressives Congress (APC) in Delta State, has taken on a violent dimension.The feud, which began when the monarch was crowned and Emami was removed as the Ologbotsere
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A 12-year-old Junior Secondary School (JSS-2) student (name withheld), who was allegedly used to buy two bags of rice by suspected kidnappers has been found.His father, Pastor Joshua Ogbonna, told the News Agency of Nigeria (NAN) yesterday in Lagos that suspected kidnappers took his son and used him to buy
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The Palestinian prime minister, Mohammad Shtayyeh, has announced the resignation of his government, which rules parts of the occupied West Bank, due to the escalating violence in the occupied territory and the war on Gaza.“The decision to resign came in light of the unprecedented escalation in the West Bank and
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The National Agency for Food and Drug Administration and Control (NAFDAC) has reiterated that 70 percent of medicines used in Nigeria come from outside the country.This is even as the agency has established a pre-shipment testing scheme that has stopped over 124 products that were approved from coming into the
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