Sultan blames politicians over Southern Kaduna killings

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Monarchs in the 19 Northern States and Abuja met in Kaduna on Monday over the disturbing spate of insecurity in the region and the country. The meeting of the monarchs under the aegis of the Northern Traditional  Council was presided over by its Chairman and Sultan of Sokoto, Alhaji Sa’ad Abubakar lll and held at the Lugard Hall Secretariat of the council, in the metropolis. The Sultan in his opening address, described the killings in Southern Kaduna as “madness,” calling on those involved in the carnage to stop immediately. He…

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COVID-19: Two men allegedly defrauded German firm €14.7 million, nabbed

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Babatunde Adesanya alias Teddy, a Masters degree holder, aged 50 and his accomplice, 41-year-old Akinpelu Hassan Abass were arrested by men of the cyber crime unit of the Nigerian Police, Abuja, INTERPOL and National Central Bureau for their involvement in a COVID-19 scam and defrauding a German firm of €14.7 million. Their arrest was based on information that they were members of a sophisticated transnational criminal network which defrauded one Freiherr Fredrick Von Hahn, a representative of the German State of North Rhine-Westphalia. The statement by the Nigerian Police reads:…

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Viral video of ‘Naira rain’ at Buhari’s daughter’s wedding sparks debate

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The viral video of guests spraying money at the wedding of President Buhari’s daughter, Hanan Buhari, and Turad Sha’aban, has sparked a heated debate on social media. It comes less than two months after another viral video showed the son of the Attorney-General of the Federation, Abdulazeez Malami, being sprayed with money at his wedding in Kebbi State. The latest video, captioned, ‘Naira Rain at Hanan Buhari’s wedding’, was posted on social media by Sahara Reporters and had attracted nearly 3,000 comments on Facebook and Twitter on Sunday. In the video, Hanan is seen dancing with…

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How I Fought And Won Nigeria’s Case Against P&ID Despite Frustrations -Olasupo Shasore

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Just as Nigeria secured a landmark victory in its pursuit to overturn a $10 billion judgement awarded against it in a case against Process and Industrial Developments (P&ID), a former attorney general and commissioner for justice in Lagos State, Olasupo Shasore SAN, has denied working against the country on the case. It was gathered that the case will either go back to arbitration based on the new evidence or both parties will now settle out of court. It will be recalled that on January 31, 2017, a tribunal ruled that…

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We will protest hike in electricity, fuel price -Falana

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Human Rights Lawyer, Mr. Femi Falana (SAN) has accused the federal government of insensitivity to the plight of Nigerians. He said it was evil of the government to increase the prices of essential commodities during a pandemic. “While other countries were making life easier for their citizens through tax cuts and palliatives, the Nigerian government was doing the exact opposite. The activist said, “There is going to be a general strike and protest. We will fix a date after a meeting this evening. Alliance on Surviving COVID-19 and Beyond (ASCAB),…

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P&ID: Nigeria gets relief from $10bn fine

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A judgement by a UK court has landed in favor of Nigeria, as $10 billion judgement awarded against it in a case against Process and Industrial Developments (P&ID) has been overturned. In the judgment delivered on Thursday, Ross Cranston, a judge of the Business and Property Courts of England and Wales, granted Nigeria’s application for an extension of time and relief from sanctions. It was gathered that’s the case will either go back to arbitration based on the new evidence or both parties will now settle out of court. “It…

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Fuel price hike: NLC, TUC plan total strike

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Due to the hike in the price of Premium Motor Spirit (PMS), otherwise known as petrol, from N148 to N161 per litre, the Nigeria Labour Congress and Trade Union Congress (TUC) are consulting civil society allies and relevant organs of Labour towards embarking on strike. The consultations for strike was disclosed yesterday as the Senate hinted it might hold an emergency session to address worries raised by hike. The President of NLC, Ayuba Wabba, said in Abuja that the NLC and TUC would convoke a meeting next week to deliberate…

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FG approves full reopening of schools

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The Federal Government has instructed state governments and school administrators to start preparations for the full reopening of schools in the country. Before now, the FG allowed the resumption of graduating pupils from August 4, 2020, to write this year’s West African Senior School Certificate Examination from August 17, 2020, through September 12, 2020. Some state governments such as Lagos and Kogi had subsequently announced the full reopening of schools effective mid-September. National Coordinator of the Presidential Taskforce on COVID-19, Dr. Sani Aliyu, during a briefing at the Nnamdi Azikwe…

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2020: GTBank’s mid year profit before tax hits ₦109.7bn

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Guaranty Trust Bank plc has released its audited financial results for the half year ended June 30, 2020 to the Nigerian and London Stock Exchanges. The half year result reflects GTBank’s leading position as one of the best managed financial institutions in Africa. The Bank’s loan book grew by 8.1% from ₦1.502trillion recorded as at December 2019 to ₦1.624trillion in June 2020 and customer deposits increased by 18.5% to ₦3.001trillion from ₦2.533trillion in December 2019. Profit before Tax closed at ₦109.7billion, representing a decrease of 5.2% over ₦115.8billion recorded in…

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Nationwide Curfew Now 12am To 4am – FG

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The Federal Government says the nationwide curfew in place in the country to restrict movement amid the coronavirus pandemic is now from 12am to 4am. The National Coordinator of the Presidential Taskforce on COVID-19, Dr Sani Aliyu, made this known during a briefing at the Nnamdi Azikwe International Airport, Abuja, on Thursday. Aliyu said, “I will first of all start with general movement. We are modifying the curfew to commence from 12 midnight to 4am nationwide, effective from 12:00 tonight. “This does not apply to people on essential services and…

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