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Capital importation falls 9% to $1.03 bn

Capital importation falls 9% to $1.03 bn

Nigeria’s capital importation fell quarter-on-quarter (QoQ) by 9.04 percent to $1.03 billion in the second quarter of 2023 (Q2’23) from $1.13 billion in Q1’23.

Alleged EFCC raids: Lagos bizman contemplates suicide over N168m debt

Alleged EFCC raids: Lagos bizman contemplates suicide over N168m debt

Chief Executive Officer of Lakers Lounge Hotel and Bar, Ikorodu, Lagos State, Oladimeji Ogunfolaju, has raised the alarm over constant raids of his hotel by operatives of the Economic and Financial Crimes Commission, EFCC , an action he said had paralysed his business and made him incur N168 million debt.

Tribunal dismisses Ahiwe, PDP’s petitions against Otti

Tribunal dismisses Ahiwe, PDP’s petitions against Otti

The Governorship Election Petitions Tribunal sitting in Umuahia, Friday, dismissed all petitions by the candidate of the Peoples Democratic Party, PDP, Chief Okey Ahiwe, and his party against the election of Gov. Alex Otti of the Labour Party.

Katsina Govt releases N560m for security equipment

Katsina Govt releases N560m for security equipment

The Katsina State Government has approved the sum of N560 million to be used in purchasing security equipment to fight insecurity in the state. Dr Nasir Danmusa, the State Commissioner for Internal Security and Home Affairs, revealed this while briefing newsmen in Katsina on Thursday. Danmusa, who briefed newsmen on the outcome of their Executive […]