Emmanuel John

30th April 2024 In continuation of its crackdown on forex racketeers, the Economic and Financial Crimes Commission has pencilled for investigation, 1,146 bank accounts belonging to individuals and companies over alleged money laundering, unauthorised dealing in foreign exchange and illegal naira manipulation. The commission secured an interim order granted by Justice Emeka Nwite of the […]

30th April 2024 The Nigerian National Petroleum Company Limited on Monday began offloading 240 million litres of Premium Motor Spirit, otherwise called petrol, as it stepped up efforts to tackle the worsening nationwide petrol scarcity. As the NNPCL began offloading petrol, filling stations sold the product at an average price of N800 per litre in

April 29, 2024 A surge in demand for dollars in the parallel market driven by banks and end-users combined with slow forex disbursement to BDCs by the Central Bank of Nigeria, CBN, caused the Naira, last week, to fall by 23 per cent against the dollar, thus recording the worst weekly performance of the Naira

April 29, 2024 LAGOS — The Independent Petroleum Marketers Association of Nigeria, IPMAN, said yesterday that the petrol scarcity currently spreading to more states across the country will take at least two weeks to normalise. This is even as the Nigerian National Petroleum Company Limited, NPCL insisted yesterday that it has adequate stock of the

Monday 29 April 2024 Members of “World Central Kitchen” prepare food for Palestinians, in the location given as Gaza, amid the ongoing conflict between Israel and Hamas, in this picture released on March 21, 2024 and obtained from social media.An aid group is to resume its work in Gaza four weeks after suspending operations following

April 28, 2024 Their sentencing brings to an end their years of criminal enterprise of exporting cocaine across continents. Photo combination of Uwaezuoke and Agbo who were convicted for cocaine trafficking. Credit: NDLEA Following their arrests and prosecution by the National Drug Law Enforcement Agency (NDLEA), two notorious drug kingpins, Uwaezuoke Ikenna Christian and Agbo

28th April 2024 President Bola Tinubu has said that his administration’s removal of the fuel subsidy Was in the best interest of Nigeria, saying it was necessary not to plunge the country into bankruptcy. He stressed the country’s belief in economic collaboration and inclusiveness among other nations to drive stability on the global stage. Tinubu