A report by the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) alluding that the Islamic State in West Africa Province (ISWAP) was laundering N18 billion through Nigeria’s financial system to deepen terrorism, has been denied by the Federal government. The Nigerian Financial Intelligence Unit (NFIU), which reacted yesterday via a statement issued by its Chief Media Analyst, Ahmed Dikko, faulted the Economic Community of West African States (ECOWAS) body that observed the fund was generated yearly from trading and taxing communities in the Lake Chad region. Established…
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Rising food prices fuelling inflation in Nigeria, others – IMF
The International Monetary Fund has said that rising food prices is the major factor fuelling inflation in Nigeria and other Sub-Saharan African countries. According to the body, inflation is rising around the world, but because food accounts for about 40 per cent of the SSA’s consumption basket, it plays a major determining role in inflation. In a blogpost on Monday, the IMF said, “Food inflation increased throughout 2019, on average, across 25 countries in the region where monthly food price data are available. “After remaining stable around seven to eight…
Read MoreOver 100,000 sign petition demanding justice over Dowen college student’s death
About 100,000 persons have signed two petitions on the Change.org platform, demanding the swift prosecution of all those responsible for the gruesome death of 12-year-old Sylvester Oromoni, who was a boarding student of Dowen College, Lekki, Lagos. The Lagos State Government, on Friday, ordered the indefinite closure of the school, pending the outcome of an investigation into the death of Sylvester. Also, the Lagos State Police Commissioner, Hakeem Odumosu, weekend, ordered the Homicide Section of the State Criminal Investigation Department, Panti, to take over the investigation of the case immediately.…
Read MoreCommunity mourns as Eight Lagos children die in locked SUV
The corpses of eight minors were recovered from a Honda Sport Utility Vehicle parked on Adelayo Street, in the Jah-Michael area, Badagry Expressway, Lagos State on Saturday. It was gathered that the vehicle was parked in front of a house where the victims entered it. The kids were said to be playing inside the SUV when they mistakenly locked themselves in as efforts to unlock the door proved abortive. It was learnt that a parent, while searching for the children, found their remains inside the vehicle. The parent was said…
Read MoreHAVING A FIRSTBANK SALARY ACCOUNT CAN EASE YOUR MONEY PROBLEMS, FIND OUT HOW…
“There is always a lot to spend money on, and sometimes the bills can’t wait for the salary to be paid” Tope complained when his wife informed him that they had run out of cooking gas and had to refill. He had just moved to a new location with his family and the bills seemed to be coming at such speed that he could hardly keep up. Barely three weeks in the new apartment, the electricity bill had arrived. The new apartment was bigger than the last and…
Read MoreShutting down Dowen college not enough – Kanayo O. Kanayo
Kanayo O. Kanayo, veteran Nollywood actor, has said that Lagos state government’s decision to shut down Dowen College, where 12-year-old Sylvester Oromoni Jr was allegedly tortured, is not enough. The actor addressed Lagos State Governor, Babajide Sanwo-Olu in a video on his Instagram page which he captioned, “Dowen college must pay for this #justiceforsylvester.” The death of Sylvester Oromoni Jnr, has sparked agitations from celebrities, as they demand justice for the child. A Twitter user @perrisonoromoni, who claimed to be the boy’s cousin, broke the news about how Oromoni was beaten by…
Read MoreCute Abiola serving punishment for ridiculing police –Navy
For wearing police uniform in one of his skits and for ridiculing the Nigeria Police Force in the process, the Nigerian Navy has placed one of its personnel, OSCOMP Abdulgafar Ahmad, aka Cute Abiola, on one-month ‘extra duty’. The popular Instagram comedian was arrested on November 15, 2021, but has been released from detention to serve his ‘light corrective punishment’ in the cantonment. Ahmad, 25, is expected to end his punishment by December 15, 2021, when he would be allowed to return home to his family. Naval spokesperson, Commodore Suleman…
Read MoreMultiple explosions rock Maiduguri communities
In a suspected terrorist attack, four different explosions have rocked communities in Maiduguri early this morning destroying a building and injuring a small boy in the process. According to eyewitnesses, the explosions started very early with the first two exploding at Gomari airport and the third one landing in a building at one thousand housing estate near Hajj Transit Camp where the repentant Boko Haram insurgents are being housed. “I heard the first explosion early in the morning and then the second one, then I came out to see where…
Read MoreDrivers barricade Edo highway over serial kidnapping
The Benin-Auchi Road was on Thursday blocked by drivers with their vehicles to protest against the abduction of one of their colleagues on Wednesday, leaving thousands of travellers stranded. The blockade, which was mounted along the road at Ugha community, left many commuters lamenting their fate. One of the drivers said they blocked the road to draw attention to the continuous abductions of their colleagues by gunmen on the route. He said, “One of our drivers was kidnapped on Wednesday and we reported to the police, but nothing is being…
Read More65-year-old man arrested for raping 17-year-old daughter in Ogun
A 65-year-old man, Rojaiye Balogun, has been arrested by operatives of the Nigeria Security and Civil Defence Corps in Ogun State, for allegedly raping his 17-year-old daughter. The state corps Commandant of the NSCDC, Kolawole Taiwo, while parading the suspect at the command headquarters in Abeokuta on Thursday, said he was arrested on Wednesday at Imomo-Ijebu, in the Ijebu Ode Local Government Area of the state. Taiwo disclosed that the case was reported to the Anti-Human Trafficking, Irregular Migration Unit of the command by a relative of the victim. He…
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