DSS raids former boko-haram negotiator’s residence, office in Kaduna

The residence of the former negotiator of the train kidnap victims, Tukur Mamu, was on Thursday raided by the Department of State Services (DSS), carting away equipment and documents. Mamu’s Desert Herald newspapers office in Ungwar Sarki, Kaduna State, was also raided by the security operatives about 12.30 a.m. yesterday, and documents were confiscated. Family sources said that phones and laptop computers were also seized, adding that nothing incriminating was found during the raid. “They came heavily armed and searched everywhere in the house and his office, but nothing suspicious…

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King Charles III begins reign as mourning begins for late Queen

As Britain and the world commemorated the extraordinary life of Queen Elizabeth II, King Charles III who took over the mantle of leadership on Friday readied to address his mourning subjects on the first full day of his new reign. At 73, Charles is the oldest monarch yet to ascend the throne of the United Kingdom, following the death of his “cherished” mother at her Scottish estate of Balmoral on Thursday. He was due to return to London from Balmoral, where the 96-year-old queen died “peacefully” after a year-long period…

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Ayu retains PDP Chairmanship seat, Wike blows hot

Senator Iyiochia Ayu, the National Chairman of the Peoples Democratic Party, yesterday got a confidence vote after weeks of speculations about whether or not he should retain his seat. But the decision did not go down well with Governor Nyesom Wike of Rivers State who insisted that Ayu must step down. The party’s presidential candidate, Alhaji Atiku Abubakar, and Governor Wike have been at loggerheads over the agitation for Ayu’s removal as the party’s chairman. The Rivers governor and those sympathetic to his cause are aggrieved, following their perceived marginalization…

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$2.7bn lost as oil production plummets below 1mb/d

Latest data has shown that Nigeria’s oil production crashed below the one million barrels per day mark in August costing the country about $2.658 billion. Oil production figures posted by the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, yesterday, showed that daily average production for August was 972,394 barrels, compared to 1.83 million barrels produced in July 2022. The production figure was 857,606 barrels short of Nigeria’s OPEC daily production quota of 1.83 million. At the average price of $100 per barrel, the country lost $85.76 million daily, amounting to $2.658…

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$7 million bank fraud: Nigerian man pleads guilty, faces 30 years imprisonment in US

Sulaiman Dosunmu, a 41-year-old Nigerian man, has pleaded guilty to his involvement in $7 million bank fraud before the United States District Judge, Noel L. Hillman in Camden federal court on Tuesday. The resident of Darby, Pennsylvania admitted his role in a bank conspiracy targeted at 12 different financial institutions in southern New Jersey and southeastern Pennsylvania. Attorney announced. US attorney Philip R. Sellinger, according to the US Department of Justice, said Dosunmu participated in the fraudulent activities between 2016 and 2020. The bank fraud conspiracy charge carries a maximum…

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Queen Elizabeth II dies at 96

Queen Elizabeth II of England has died at the age of 96 today. The queen was said to have died peacefully. Crowd had gathered at the Buckingham Palace residence in London today as concern was growing over the Queen’s health. Around 100 people braved torrential rain to stand at the palace gates, as senior royals rushed to Balmoral in Scotland, where the queen was being treated. The Royal Family, announcing the death in a statement, said, “The Queen died peacefully at Balmoral this afternoon. “The King and The Queen Consort…

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Tobi Amusan breaks 22 year old record to defend Diamond league title

Tobi Amusan, a Nigerian sprinter has broken a 22 year-old meeting record at the Diamond League final in Zurich. The World and Commonwealth Games 100m hurdles champion and record holder finished in 12.29s. American Tia Jones came in 2nd in 12.40s while Britany Anderson of Jamaica ran 12.42s to finish 3rd. This adds to her golden feats this year with golden medals won at the World Athletics Championship in Oregon and at the 2022 Commonwealth games in the United Kingdom. Share on: WhatsApp

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FIRSTBANK HOSTS THE FINANCIAL MARKET DEALERS ASSOCIATION (FMDA) QUARTERLY MEETING

First Bank of Nigeria Limited has announced that it will host the Financial Markets Dealers Association’s (FMDA) quarterly meeting scheduled for 5pm on Friday, 16 September 2022, at Federal Palace Hotels, Victoria Island, Lagos. The event themed “Nigeria Macroeconomic Developments and Outlook: IMF View” will have its keynote address delivered by Ari Aisen, IMF Resident Representative for Nigeria. In a statement issued by the Acting Executive Secretary, Mrs. Mary Gbegbaje, “The FMDA quarterly meeting serves as a platform for in-depth knowledge sharing, dissemination of information and fostering of business relationships…

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Medical Doctor arrested for alleged murder of Edo cabdriver

A medical doctor, Abass Adebowale, has been arrested by the Edo State Police Command for allegedly injecting a cab driver, Emmanuel Agbovinuere, to death in the Benin City area of the state. Adebowale, after perpetrating the crime, allegedly dumped Agbovinuere’s corpse in a bush, and stole the victim’s Toyota Voltron car. He was said to have driven the car to the Osogbo area of Osun State where policemen arrested him on Monday. The state Police Public Relations Officer, Chidi Nwabuzor, at the police command’s headquarters in Benin City, Edo State,…

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Murder suspect’s confession: We killed our friend out of envy

The Odun State Police command has arrested a murder suspect, Wahab Hammed, 28, who confessed that he conspired with his friend, Adegoke Ayobami, 31, to kill one Oguntade Wasiu because the deceased was making more money than the two of them. During the parade of suspects by Osun State Police Command at its headquarters in Osogbo, Hammed said he and Ayobami were friends to the deceased and also engaged in Internet fraud, which fetched Wasiu more money than the two of them. His words: “I am a tailor by profession…

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