CBN Allocates $106.5m To 29 FX Dealer Banks

CBN Allocates $106.5m To 29 FX Dealer Banks

The Central Bank of Nigeria (CBN) has announced the sale of $106.5 million as foreign exchange (FX) to 29 FX dealer banks.  In a statement issued on Friday by Dr Omolara Omotunde Duke, Director, Financial Markets Department, it was disclosed...
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NDLEA Impound Cocaine, Tramadol Hidden In Shoes, Custard Containers

NDLEA Impound Cocaine, Tramadol Hidden In Shoes, Custard Containers

The National Drug Law Enforcement Agency (NDLEA) has uncovered parcels of cocaine hidden in the soles of shoes bound for Europe. Disclosing this in a statement on Sunday, Femi Babafemi, shared videos of the seized contraband on X on Sunday,...
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LASTMA Impounds 9,370 Vehicles, Records 256 Casualties In Six Months

LASTMA Impounds 9,370 Vehicles, Records 256 Casualties In Six Months

Between January and June 2024, the Lagos State Traffic Management Authority (LASTMA) impounded 9,370 vehicles for alleged traffic violations. The General Manager of LASTMA, Mr. Olalekan Bakare-Oki revealed this at the weekend during a meeting with relevant sta...
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NDLEA Arrests Couple, Recovers N2.1b Drug In Lagos

NDLEA Arrests Couple, Recovers N2.1b Drug In Lagos

The National Drug Law Enforcement Agency (NDLEA) has raided the Lagos base of a high-profile cocaine syndicate where large consignments of the class A drug meant for export and local distribution were recovered. According to the NDLEA, the syndicate is...
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Lagos Clampdown On Illegal Motor Parks, Impounds 84 Vehicles

Lagos Clampdown On Illegal Motor Parks, Impounds 84 Vehicles

The Lagos State Taskforce has carried out an enforcement exercise at Adeniji-Adele and adjoining routes to rid the axis of traffic gridlock and criminal activities caused by illegal operators of bus parks and bus stops along the axis. The Chairman...
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Suspected Armed Rubbers Shoot FRSC Personnel

Suspected Armed Rubbers Shoot FRSC Personnel

Gunmen suspected to be armed robbers on Friday attacked personnel of the Federal Road Safety Corps (FRSC), simply identified as Abu, who was coming from a bank and heading towards his house at Zango in Lokoja, Kogi State. Abu was disposed...
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Driver Jailed 12 Years For Killing LASTMA Officer

Driver Jailed 12 Years For Killing LASTMA Officer

The Lagos High Court sitting in Ikeja on Thursday convicted and sentenced a commercial bus driver, Elijah Shokoya, to 12 years imprisonment for killing an officer of the Lagos State Traffic Management Agency (LASTMA). Justice Oyindamola Ogala jailed Shokoya af...
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Customs Impounds N4b Arms Shipment

Customs Impounds N4b Arms Shipment

The Nigeria Customs Service has intercepted a shipment of assorted arms and ammunition originating from Turkey and estimated to be worth about ₦4bn. The Controller General of Customs, Bashir Adeniyi, on Monday, revealed that the 40-feet container with regist...
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NDLEA Arrests 60 Suspects In Abuja

NDLEA Arrests 60 Suspects In Abuja

The National Drug Law Enforcement Agency (NDLEA) on Sunday arrested Sixty suspects comprising 25 males and 35 females at a drug party in Abuja. The suspects were nabbed in the nation’s capital on Friday night following credible intelligence about the...
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Emefiele: Court Orders Final Forfeiture Of $1.4m

Emefiele: Court Orders Final Forfeiture Of $1.4m

The Federal High Court, sitting in Lagos has ordered the final forfeiture to the Federal Government, of the sum of $1.4 million, linked to a former Central Bank of Nigeria (CBN) Governor Godwin Emefiele.  Justice Ayokunle Faji gave the order...
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Gunmen Abduct Catholic Priest In Zamfara

Gunmen Abduct Catholic Priest In Zamfara

Gunmen have kidnapped the parish priest of St. Raymond Catholic Church Damba, Gusau, Zamfara State, Rev. Fr. Mikah Suleiman. The spokesperson of Zamfara State Police Command, Yazid Abubakar explained that the priest was kidnapped around 3 am on Saturday at...
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EFCC Secures Final Forfeiture of 20 Properties, 10 Vehicles, Others For Arthur Eze

EFCC Secures Final Forfeiture of 20 Properties, 10 Vehicles, Others For Arthur Eze

The Economic and Financial Crimes Commission, EFCC has through the Court of Appeal, Abuja recovered 20 properties, 10 vehicles and three princely wristwatches from two brothers, Olisaebuka Eze and Onyeka Nnadozie Eze for a petitioner, Arthur Eze. In a final...
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Okomu Clash: Obaseki Visits Wounded Soldiers, Vows To Apprehend Perpetrators

Okomu Clash: Obaseki Visits Wounded Soldiers, Vows To Apprehend Perpetrators

The Edo State Governor, Mr. Godwin Obaseki has visited soldiers wounded during an attack by assailants in Okomu Community. The governor, who expressed his displeasure over the incident, vowed that the State Government will fish out individuals and groups behin...
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Court Grants Final Forfeiture of University, Hotel, Factory

Court Grants Final Forfeiture of University, Hotel, Factory

Justice Joyce Abdulmalik of the Federal High Court sitting in Abuja, on Friday, June 7, 202 ordered the final forfeiture of every asset of NOK University, Gwasmyen Water Factory, Gwasmyen Event Center and Gwasmyen International Hotel in Kaduna State.The Econom...
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