Category: News

Traditional ruler killed by gunmen in Kwara, wife, 2 others abducted

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The palace of Olukoro of Koro in Ekiti local government area of Kwara State was on Thursday night invaded by gunmen who killed the traditional ruler of the community, General Segun Aremu (rtd). The gunmen also whisked away the wife of the monarch and two others. The state government has confirmed the killing of the monarch and the abduction of three others including his wife. “Kwara State governor, AbdulRahman AbdulRazaq has condemned the killing of Olukoro of Koro in Ekiti Local Government, HRH retd General Segun Aremu. “The monarch was…

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Import duty rate increased by 43 percent

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The Central Bank of Nigeria, CBN, has approved an increase in the import duty rate by 43 percent. Recall that the exchange rate for duty collection is usually determined by the CBN. Importers and stakeholders in trading woke up on Friday to find the increase in the exchange rate, which before now was set at N951.842 per $1 as of December 2024, taken up to N1356.42. Reacting to the development, Chief Executive Officer of the Center for the Promotion of Private Enterprises, CPPE, Dr. Muda Yusuf, expressed shock at the…

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UK teens face sentencing over killing trans girl

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Two juveniles have been convicted in the UK for the murder of a 16-year-old transgender girl in a “frenzied and ferocious” knife attack. Scarlett Jenkinson and Eddie Ratcliffe, both 16, killed Brianna Ghey in Warrington, northwest England, in February last year, in a case that shocked the country because of their young ages. Their victim was stabbed 28 times in the head, neck, back and chest. Her body was discovered by dog walkers in a park. Jenkinson and Ratcliffe were just 15 at the time. Under-18s on trial in the…

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K1 to Tinubu: Nigerians are suffering, address economic pains

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Wasiu Ayinde Marshal, popularly known by his stage name, K1 De Ultimate, has told President Bola Tinubu that Nigerians are suffering and angry with his government due to the current poor state of the economy. K1 said this in a video recording that surfaced on Thursday during one of his recent stage performances. Before K1, his daughter, Dami Ayinde, lent her voice on Wednesday to the current economic situation, which she said wasn’t what the All Progressives Congress promised. On her Instagram stories, the young lawyer said the APC was…

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EFCC traces N7bn fraud proceeds to religious organization

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The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has revealed that the anti-graft agency traced the sum of N7bn, suspected to be proceeds of money laundering, to a religious organisation. He said another religious group was found to be laundering money for terrorists. The EFCC chairman made the revelation on Wednesday at the Musa Yar’Adua Centre, Abuja, during a one-day dialogue on “Youth, Religion, and the Fight against Corruption.” He said some of the religious organisations, institutions, sects, and bodies in the country had been found to…

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Fidelity Bank supports Temile Development Company to boost Nigeria’s Gas Revenues

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In what has been termed a significant milestone in the advancement of Nigeria’s domestic gas industry and the generation of gas revenues, Temile Development Company Ltd -a key indigenous player in the oil and gas industry- recently commissioned a 23,000 cubic meters ultramodern Liquefied Petroleum Gas (LPG) Carrier. Named ‘Alfred Temile 10’, the vessel was part-financed by leading Nigerian bank -Fidelity Bank Plc- and was commissioned at the Hyundai Mipo Dockyard in Ulsan, South Korea. Dignitaries at the event included the Group Chief Executive Officer of the Nigerian National Petroleum…

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Schoolchildren, teachers kidnapped in Ekiti, abductors demand N100m ransom

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N100m ransom has been demanded by the abductors of five pupils of Apostolic Faith Group of Schools, Emure Ekiti, and four teachers who were taken away on Monday. The principal of the secondary section of the school, Boje Olanireti, confirmed the ransom demand, in an interview with  The PUNCH on Tuesday. The abduction epidemic has continued to defy the efforts of the security agencies as cases of kidnappings were being recorded in various parts of the country daily. On Monday, gunmen killed two Ekiti monarchs-the Onimojo of Imojo, Oba Olatunde…

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Lawmaker breaks down in tears during plenary over killing of Ekiti monarchs

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Akin Rotimi, the spokesman for the House of Representatives and lawmaker representing Ekiti North 1 (Ikole / Oye) Federal Constituency, broke down in tears on the floor of the House over the killings of two traditional rulers in Ekiti State. Rotimi called the attention of the House to the heinous killings of two monarchs by gunmen. Recall that the Onimojo of Imojo Ekiti, Oba Olatunji Olusola; and the Elesun of Esun Ekiti, Oba Babatunde Ogunsola, were killed when they were returning from a meeting in Irele-Ekiti on Monday. But Rotimi,…

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35-year-old man remanded for allegedly raping 50-year-old colleague to death

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James Emmanuel, a 35-year-old man has been remanded in prison custody by an Ondo State Chief Magistrate Court, sitting in Akure, on Thursday, for allegedly raping a 55-year-old woman, Mrs Deborah Abiodun, to death. James was arrested by the state police command for allegedly killing the woman who was his co-worker at the Oke-Odu Area, of Akure on January 17, 2024. It was gathered that James, after allegedly raping the woman to death, hit her head with stone and dumped her corpse inside a waste pit. The defendant was later…

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Mother of 11 arrested trying to sell sons for N1.8m

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A 38-year-old woman identified as Chinyere Chukwu, has been arrested for attempting to sell her two sons in Anambra. Chukwu, who hails from Okija in the Ihiala Local Government Area of the state, was said to have connived with her 17-year-old daughter, identified as Joy, to sell off her two sons “due to the economic hardship in the country.” Chukwu, while being interrogated, explained that she had 11 kids and decided to sell two of them when she could not cater to them. The state Commissioner for Women and Social…

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