Author: Editor Francis

Zenith Bank, one of Nigeria’s leading financial institutions, has announced that customers can now perform transactions seamlessly across all its channels following a successful system maintenance earlier this week. In a notice issued on Friday, the bank confirmed that services have been fully restored, assuring customers that they can now enjoy uninterrupted access to Zenith Bank’s Debit, Credit, and Prepaid cards, Automated Teller Machines (ATMs), Point of Sale (POS) terminals, Mobile App, Internet Banking Platform, and Agent Banking services nationwide. The bank’s earlier maintenance, which led to a brief service disruption on Tuesday, was part of ongoing efforts to enhance…

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Rep. Olamijuwonlo Alao-Akala (APC-Oyo) has urged Nigerian youths to take advantage of the 30-day youth conference announced by President Bola Tinubu to address their demands, including those that led to the #EndSARS protest, the Obidient movement, and other youth-driven movements. Alao-Akala, the chairman, Youth in Parliament in the House of Representatives, made the call in an interview with journalists on Friday in Abuja. He said that the plan of the confab was to address all the youth demands that led to the Occupy Nigeria protest in 2012, the #EndSARS protest, the Obidient movement, the End-bad-governance protest and the Oct. 1st…

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The Human Rights Writers Association of Nigeria (HURIWA) has voiced its support for Rivers State Governor, Siminalayi Fubara, following his actions to foil an alleged attempt by the Nigerian Police, led by the Deputy Commissioner of Police (Operations), to take control of the Rivers State Independent Electoral Commission (RSIEC) in the early hours of Friday, October 4, 2024. The police were reportedly attempting to take over the RSIEC facility at around 1:00 a.m., with claims that officers tried to scale the gates to access sensitive electoral materials intended for the local government elections scheduled for Saturday. In a statement signed…

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The Central Bank of Nigeria (CBN) has unveiled a fresh Foreign Exchange (FX) Code aimed at regulating the country’s FX market and stabilizing the Naira. The new guidelines, released on the CBN’s official website on Thursday, October 3, 2024, outline key principles to govern market participants and align with global best practices. The FX Code, which will take effect on October 14, 2024, is built around six core principles: ethics, governance, execution, risk management and compliance, information sharing, and confirmation and settlement processes. These guidelines are designed to ensure a robust, fair, and transparent market where participants can confidently engage…

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In the early hours of Friday, Rivers State Governor Siminalayi Fubara led a team to the state’s Independent Electoral Commission (RSIEC) headquarters, following reports of an alleged attempt by operatives of the Nigeria Police Force to seize control of the facility ahead of the local government elections scheduled for Saturday. According to sources, the incident occurred around 1 a.m., with the police reportedly trying to breach the gates and strong room of the commission to allegedly confiscate sensitive electoral materials meant for the upcoming elections. A video clip circulating online shows policemen attempting to scale through the gates, raising concerns…

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Senior Advocate of Nigeria and renowned human rights lawyer, Femi Falana, has denied any connection with controversial crossdresser, Idris Okuneye, popularly known as Bobrisky. Falana stated that he has never met or had any dealings with Bobrisky, following claims made in a viral audio circulating online. In the audio, Bobrisky allegedly stated that she had bribed officials from the Economic and Financial Crimes Commission (EFCC) with N15 million to drop money laundering charges against her. The recording, posted by blogger Martins Otse, also known as VeryDarkMan, included claims that Bobrisky’s “godfather,” in collaboration with the Controller-General of the Nigerian Correctional…

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President Bola Tinubu has submitted four key tax reform bills to the House of Representatives for consideration and expedited approval. In a letter read by Speaker Abbas Tajudeen on Thursday, Tinubu explained that the bills align with the administration’s objectives of strengthening fiscal institutions and streamlining tax administration in Nigeria. The proposed bills include: – Nigeria Tax Bill 2024: Aims to provide a comprehensive fiscal framework for taxation. – Tax Administration Bill: Seeks to establish a clear legal framework for all taxes, reducing disputes. – Nigeria Revenue Service Establishment Bill: Repeals the Federal Inland Revenue Service Act to create the…

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The National Average Cost of a Healthy Diet per adult a day stood at N1,255 in August 2024, the National Bureau of Statistics has said. The NBS revealed this in its CoHD report for August 2024, released on Thursday in Abuja. The Bureau said that the CoHD in August decreased by 0.8 per cent compared to the N1,265 recorded in July. The NBS said the CoHD was the least expensive combination of locally available items that met globally consistent food-based dietary guidelines. It said it was used as a measure of physical and economic access to healthy diets. “This is…

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A Federal Capital Territory High Court in Abuja has granted bail to former Taraba State Governor, Darius Ishaku, in the sum of N150 million over an alleged N27 billion fraud charge brought against him by the Economic and Financial Crimes Commission (EFCC). Justice Sylvanus Oriji, in his ruling on Thursday, granted Ishaku bail with two sureties in the same amount. One of the sureties must be a federal government employee of director level, and both must reside in the Federal Capital Territory (FCT), with their addresses verified by the Court Registrar. The court also restricted Ishaku and his co-defendant, Bello…

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The National Drug Law Enforcement Agency said its operatives in Kaduna seized 1,045.93kgs of various illicit substances and arrested 420 suspects in the third quarter of the year. NDLEA commander in the state, Samaila Danmalam, disclosed this on Thursday in Kaduna. Mr Danmalam said, “The command had, within the period under review, arrested a total of 420 suspects, comprising 404 males and 16 females. The figure represents both drug dealers, drug users, and traffickers.” He said, “The illicit substances included cocaine, cannabis sativa, Rohypnol, tramadol, methamphetamine, and other psychotropic substances grossly weighing 1,045.93kg. “The command seized a total of 1,393…

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A Federal High Court in Abuja has dismissed an application by Dr. Bright Echefu, the Managing Director and CEO of Telcom Satellite Television Service (TSTV), seeking to stop the Inspector General of Police (IGP) from investigating him over an alleged N2 billion fraud. Justice Inyang Ekwo, in his ruling on Wednesday, described the application as frivolous and without merit, stating that the police have the authority to investigate under Section 4 of the Police Act. The court found it inappropriate for Echefu to seek legal protection from being investigated for allegations of stealing and misappropriating N2 billion in investment funds…

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The Federal Road Safety Corps (FRSC) has announced a shift in its approach to reducing Road Traffic Crashes (RTCs) in Nigeria, introducing community-based initiatives in place of traditional motor park rallies.  Assistant Corps Marshal (ACM) Olusegun Ogungbemide, the Corps’ Public Education Officer, made the announcement in a statement released on Thursday in Abuja. Ogungbemide emphasised the FRSC’s concern over the diminishing impact of motor park rallies, a long-standing method for engaging drivers and the public on road safety. In response, the FRSC has adopted alternative strategies, including town hall meetings and press conferences, while maintaining motor park rallies in certain…

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