6 hours ago
The Economic and Financial Crimes Commission (EFCC) has filed new charges against Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN). EFCC accuses Emefiele of illegally printing naira notes in its fresh charge and approving unauthorised withdrawals from public funds. The four-count charges by EFCC allege that Emefiele “disobeyed the direction of…
6 hours ago
The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, said the bank would keep interest rates high until inflation subsides by implementing orthodox policies. Cardoso disclosed this during an interview with the Financial Times. He said that the Monetary Policy Committee (MPC), which he chairs, would do whatever is necessary to tame soaring inflation. This…
7 hours ago
A 30-year-old woman, Comfort Yughemba, was, on Tuesday, remanded by a Makurdi Magistrates’ Court for allegedly resisting arrest, assaulting a police officer, robbery, raising false alarm and inciting breach of public peace. The Magistrate, Christy Ikpe, who did not take the defendant’s plea for want of jurisdiction, adjourned the case till June 19 for further…
7 hours ago
The Ministry of Aviation and Aerospace Development said on Monday that the introduction of helicopter landing levies was in line with global best practices and cost recovery measures. This is contained in a statement by Mr Odutayo Oluseyi, Head, Press and Public Affairs of the ministry in Lagos. According to Oluseyi, the ministry recognises the…
8 hours ago
The National Agency for Food and Drug Administration and Control (NAFDAC) says it has sealed two unregistered factories in Lafia and Obi Local Government Areas of Nasarawa state. Mr Matthew Adeoye, NAFDAC Coordinator in the state, disclosed this in an interview with the News Agency of Nigeria (NAN) on Tuesday in Lafia. According to him,…
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