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CBN directs banks to open dollar account for remittances

The Central Bank of Nigeria (CBN) has mandated commercial banks to open new dollar account with offshore lenders for receiving international money transfers. The directive was disclosed by WorldRemit- an International Money Transfer Operators (IMTOs) player to its clients. The…

Residents killed as gunmen carry out fresh attacks in Niger

Some communities in Gurmana Ward of Shiroro Local Government Area of Niger State have been attacked by gunmen. Daily Trust learnt that Sarkin Zama, Bakin Kogi (Lagbe), Siyiko and other adjoining villages were invaded by armed gangs who operated unchallenged…

No plans to increase petrol price – NNPC assures Organised Labour

The Nigerian National Petroleum Corporation (NNPC) has assured Organised labour and Nigerians that there will be no increase in the price of Premium Motor Spirit (PMS) also known as Petrol in the month February. The corporation gave the assurance in…

Osaka ends Williams’ bid for record-equaling 24th Grand Slam title

Naomi Osaka ended Serena Williams’ bid for a record-equaling 24th Grand Slam title in a storm of power hitting on Thursday, humbling the American great 6-3 6-4 to reach her second Australian Open finals. In a rematch of their tumultuous…

We’re in hot pursuit of abductors of Niger students – Army

The Nigerian Army says it is in ‘hot pursuit’ of the abductors of students and staff of Government Science School, Kagara in Rafi Local Government Area of Niger State. Army spokesman Brig. Gen. Mohammed Yerima, in a statement described the…

AfCFTA needs Okonjo-Iweala’s support to succeed – MAN

The Manufacturers Association of Nigeria (MAN) has posited that the African Continental Free Trade Area Agreement (AfCFTA) would need the support and expertise of the new Director General,  World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, for a smooth take-off and…

Obinwanne ‘Invictus Obi’ Okeke gets 10-year jail term for fraud

A Nigerian entrepreneur and a Forbes Africa 30 Under 30 honoree Obinwanne Okeke has been sentenced to a 10-year jail term for computer and wire fraud by an American court. Popularly known as Invictus Obi, Okeke was found guilty of…

869 new infections of COVID-19 confirmed across Nigeria, bringing total active cases to 149,369

The Nigeria Centre for Disease Control (NCDC) reported 869 new infections of COVID-19 Wednesday. In a Twitter update via its verified handle, the government agency said there are now 149,369 confirmed cases of the disease caused by the novel coronavirus…

*Medical doctor, 17 others in EFCC net over Internet fraud (Punch)*Estate residents seek justice as thugs, police brutalise CSO (Guardian)

Medical doctor, 17 others in EFCC net over Internet fraud (Punch) The Uyo Zonal Office of the Economic and Financial Crimes Commission on Wednesday arrested a 28-year-old medical doctor, Chijioke Precious, and 17 others over alleged Internet fraud in Owerri,…

My guy, when are you moving to Canada? – ‘Gbubemi E. Atimomo

…Pondering on the gradual exodus of some Nigerians to greener pastures Sometime in the 1980s, most likely during the Babangida regime, a national orientation TV advert aired featuring the late actor Enebeli Elebuwa as Andrew, the main character. In the…

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