EFCC Issues Warning to Foreign Missions in Nigeria Regarding FX Transactions
Business

EFCC Issues Warning to Foreign Missions in Nigeria Regarding FX Transactions

Foreign missions in Nigeria have been cautioned by the Economic and Financial Crimes Commission (EFCC) against engaging in financial transactions using foreign currencies. Instead, the EFCC has mandated that these missions must now utilize the Nigerian Naira for all their financial activities as required by Nigerian law. The EFCC has also set a requirement for Nigerian foreign missions abroad to conduct their financial transactions using the Naira. In a recent communication to Yusuf Tuggar, the Minister of Foreign Affairs, titled "EFCC Advisory to Foreign Missions against Invoicing in US Dollar," the EFCC expressed its concerns about foreign missions invoicing consular services in United States dollars to Nigerians and other foreign nationals. Citing Section 20(1) of the Central Bank of...
Sports

Rio Ferdinand’s Take on Arsenal’s Chances for Premier League Title

Rio Ferdinand, the Manchester United legend, has emphasized that Arsenal would not be deserving of the Premier League title if they were to lose against the Red Devils. Arsenal is set to take on Manchester United in an important away match at Old Trafford this coming Sunday. The Gunners are heading into this fixture fresh off a 3-0 victory against Bournemouth in their previous game, whereas Erik ten Hag's squad suffered a 4-0 defeat against Crystal Palace. In light of Manchester United's recent struggles, Ferdinand has argued that Arsenal's hopes for the title would be questionable if they falter against Erik ten Hag's team. During a discussion on his FIVE Podcast, the former English defender shared his opinion: "If Arsenal were to face defeat against Manchester United, it would cast ...
Liverpool Officially Eliminated from EPL Title Race After Man City Dominates Fulham
Sports

Liverpool Officially Eliminated from EPL Title Race After Man City Dominates Fulham

It has now been confirmed that Liverpool's hopes of winning the Premier League title are over. This confirmation comes after Manchester City's convincing 4-0 victory over Fulham in the early game on Saturday. Goals from Josko Gvardiol, a brace from Phil Foden, and another from Julian Alvarez propelled City past Arsenal in the league standings. Pep Guardiola's side now sits at 85 points with just two matches remaining, while Arsenal trails closely behind at 83 points with the same number of games left to play. On the other hand, Liverpool, who are set to face Aston Villa on Monday, can only reach a maximum of 84 points this season, as they currently have 78 points. This outcome signifies that Jurgen Klopp's final season at Anfield will see them securing only the Carabao Cup that they cl...
Tragic Incident in Abuja: FIRS Official Brutally Attacked by Gunmen
Metro

Tragic Incident in Abuja: FIRS Official Brutally Attacked by Gunmen

In a shocking turn of events, a middle-aged man named Khalid Bichi was fatally shot by unidentified gunmen in Maitama, Abuja, on Friday night. Reports suggest that Bichi, who was an employee at the Federal Inland Revenue Service (FIRS), was ambushed just before 9pm while he was out grabbing a bite to eat. The attackers mercilessly fired multiple shots at him before making a swift escape from the scene. Despite being rushed to Maitama General Hospital, Bichi tragically succumbed to his injuries. Sources indicate that Bichi was an active presence on social media, going by the username @Khalid Bichi, and had strong connections with prominent political figures. The deceased is set to be laid to rest today, Saturday, with a funeral prayer scheduled for 1:30 pm at Abuja National Mosque...
Benue Court sets May 23 for lawsuit involving removal of elected council officials
News

Benue Court sets May 23 for lawsuit involving removal of elected council officials

On May 23, 2024, Justice P. T. Kwahar of the Benue State High Court in Makurdi will hear a case challenging the unconstitutional dismissal of elected local government officials in Benue state. This includes the subsequent appointment of caretaker committees, which violates the 1999 Constitution (as amended). The lawsuit, with the reference MHC/346/2023, was initiated by activist Sesugh Akume against the Governor of Benue and four others. According to Akume, the removal of elected council chairmen and councillors by Governor Hyacinth Ali's administration and their replacement with associates was deemed unconstitutional. Akume, representing himself as a private citizen, took Governor Ali, the Attorney-General, the Speaker and House of Assembly, and the Special Adviser, Bureau of Local G...
Impact of Naira Spraying Ban on Business Operations as Seen by Event Organizers
News

Impact of Naira Spraying Ban on Business Operations as Seen by Event Organizers

Event vendors and planners have expressed concerns over the implications of the prohibition on naira spraying in social gatherings, citing a negative impact on the event industry. They have noted a decline in the excitement and opulence usually associated with social functions since the ban was enforced. Recent reports from NewsNow highlight the intensified efforts of the Economic and Financial Crimes Commission (EFCC) in curbing the misuse of naira currency by individuals. In a significant case, Idris Okuneye, popularly known as Bobrisky, was sentenced to six months in prison without the option of a fine for defacing naira notes by a Federal High Court in Ikoyi, Lagos, on April 12, 2024. Following this, another prominent figure, Pascal Okechukwu, also known as Cubana Chief Priest, fac...
Zamfara APC chairman Danfulani ousted by ward executives
Politics

Zamfara APC chairman Danfulani ousted by ward executives

In a significant development, the ward executive of Galadima in Gusau Local Government Area has taken the decision to remove Tukur Danfulani, the Chairman of the All Progressives Congress (APC) in Zamfara State. The decision, led by Deputy Chairman Garba Bello and fifteen others, was carried out on Saturday. Danfulani's removal stems from allegations of ineffective leadership and biased treatment towards party members who breached APC regulations. Furthermore, he is accused of showing favoritism to individuals not acknowledged as leaders within the Zamfara State APC, thereby redirecting party resources towards them. Speaking to reporters in Gusau, Abuhuraira Ilyasu, the Assistant Youth Leader of Galadima ward, expressed, "Today on the 11th of May 2024, the APC Galadima ward leader...
Sports

Man City Takes Top Spot in EPL Before Man Utd vs Arsenal Showdown

Following a commanding 4-0 victory over Fulham on Saturday, Manchester City has claimed the top spot in the Premier League table. The reigning champions broke the deadlock in the first half with a composed finish by Josko Gvardiol. Pep Guardiola's squad further solidified their lead with a swift goal from Phil Foden, before Gvardiol and Julian Alvarez sealed the deal with additional goals. With this win, City now boasts 85 points from 36 matches, surpassing Arsenal by one point. Arsenal, with two games remaining, will kick off their final matches with a showdown against Manchester United on Sunday. Meanwhile, City is set to face Tottenham Hotspur in their rescheduled fixture on Tuesday, ahead of the last round of games next weekend.
Urgent: Incident at Lagos Airport as Aircraft Skids off Runway
News

Urgent: Incident at Lagos Airport as Aircraft Skids off Runway

Reports confirm that an aircraft operated by Xejet Airlines, a premium services provider, has veered off the runway and gone into the grassy area at Lagos Airport. The Embraer 145 aircraft, carrying 52 passengers and crew, had taken off from Abuja Airport prior to the mishap. Sources at the airport have disclosed to The Nation that Runway 18 has been shut down for aircraft operations. The Aerodrome Fire and Safety Rescue Unit of the Federal Airports Authority of Nigeria (FAAN) has been deployed to aid in the rescue efforts. Xejet Airlines is known for its exclusive business class services and operates from Lagos Murtala Muhammed International Airport (LOS). "Another Xejet Airlines aircraft skidded off the runway at Lagos Airport at approximately 11:29 am, ending up on the grass verge ...
The investigation by NA starts concerning the soldiers’ protest at the detention facility in Sokoto
News

The investigation by NA starts concerning the soldiers’ protest at the detention facility in Sokoto

An appropriate investigation is being carried out by the Nigerian Army to verify the claims in a viral audiovisual recording circulating on social media, which was produced by some personnel in custody at the 8 Division Garrison detention facility in Sokoto. Recall that detained soldiers at the 8 Division of the Nigerian Army in Sokoto broke out from their guardroom demanding better food and improved living conditions. In response on Saturday, Major General Onyema Nwachukwu, Director of Army Public Relations, stated in a release that while regretting the incident, the service will not tolerate the way the inmates expressed their supposed grievance. He mentioned that "Mutiny and conduct prejudicial to service order are serious offenses, and this particular incident exemplifies such beh...