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Losses to fraud in banks decline, CBN intensifies measures

Losses to fraud in banks decline, CBN intensifies measures

•Unveils industry-wide war on e-fraud   •Internet banking fraud leads with N13.37bn, 4,507 cases   •Lagos tops with 63% fraud volumes   •3, 417 individuals on fraud watch list By Babajide Komolafe Losses to fraud in Nigerian financial institutions declined to N25.85 billion, 51 per cent year-on-year, from N52.26 billion in 2024. This comes as the Central Bank […]

Protest rocks INEC HQ over Warri re-delineation

Protest rocks INEC HQ over Warri re-delineation

A calm but resolute protest by the Warri Indigenous Women Forum, yesterday, drew attention to the headquarters of the Independent National Electoral Commission, INEC, in Abuja, as the women accused the commission of carrying out a re-delineation exercise they say threatens the political survival of the Itsekiri people in Delta State.

Man, 45, allegedly defiles male, female minors in Port Harcourt

Man, 45, allegedly defiles male, female minors in Port Harcourt

By Davies Iheamnachor PORT HARCOURT— A 45-year-old man simply identified as Pascal has allegedly defiled male and female minors in Rivers State. It was learned that the vicitms (names withheld), were a 10-year-old boy and an 11-yr-old girl. It was gathered that the suspect had committed the act severally at Christ Apostolic Street, Mile 3 […]

Mob arrests step-father for allegedly defiling 12-year-old daughter in Bayelsa

Mob arrests step-father for allegedly defiling 12-year-old daughter in Bayelsa

By Samuel Oyadongha Yenagoa —Angry residents of Obunagha community in Yenagoa Local Government Area of Bayelsa State, have apprehended a 40-year-old man for allegedly defiling and sodomising his 12-year-old step-daughter. The victim was reportedly rushed to Niger Delta University Hospital, Okolobiri, with severe injuries, including bleeding. It was learned that the suspect, identified as a […]

Uwheru community protests reinstatement of suspended PG in Ughelli North

Uwheru community protests reinstatement of suspended PG in Ughelli North

By Akpokona Omafuaire UGHELLI— THE people of Uwheru community, Tuesday, staged a peaceful protest to reject the reinstatement of the their suspended President-General, MacPherson Igbedi, by chairman of Ughelli North Local Government Area of Delta State, without the knowledge of the community. The protesters armed with placards bearing inscriptions and a white coffin stained with […]

How I emerged UNILAG’s Best Graduating Student in Mechanical Engineering – Salami Folarin

How I emerged UNILAG’s Best Graduating Student in Mechanical Engineering – Salami Folarin

By Adesina Wahab In the era when some students rely on sitting for WASSCE, NECO and UTME examinations in “miracle centres” where candidates are helped to pass, Mr Salami Habeeb Folarin, who is the Best Graduating Student in Mechanical Engineering at the ongoing convocation ceremonies of the University of Lagos, UNILAG, has emphasized the importance […]

Naira appreciates to N1,488/$ in parallel market

Naira appreciates to N1,488/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,488 per dollar in the parallel market from N1,490 per dollar on Tuesday. But the naira depreciated to N1,423 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to […]

FG has put housing and urban devt sector on a progressive trajectory, says Belgore

FG has put housing and urban devt sector on a progressive trajectory, says Belgore

By Demola Akinyemi Ilorin The Federal Government has initiated several flagship reforms that have placed the housing and urban development sector on a progressive trajectory. The Permanent Secretary, Federal Ministry of Housing and Urban Development, Dr. Shuaib Belgore said this in his address at the 14th meeting of the National Council on Lands, Housing and […]

Wike appoints Sani Daura as Senior Special Assistant on protocol matters

Wike appoints Sani Daura as Senior Special Assistant on protocol matters

The Minister of the Federal Capital Territory (FCT), Nyesom Wike has appointed Mr Sani Musa Daura as his Senior Special Assistant on Protocol Matters. A statement on Wednesday, by the Minister’s Senior Special Assistant on Public Communications and Social Media, described Sani Daura as a seasoned civil servant with over 30 years experience in the […]

Edo govt threatens sanctions as illegal squatters take over water board lands

Edo govt threatens sanctions as illegal squatters take over water board lands

By Ozioruva Aliu BENIN CITY – THE Edo state government yesterday threatened to take appropriate legal action against government officials who allocated lands belonging to the State Ministry of Water Resources and Sanitation across its facilities in the state capital and beyond. The Commissioner in charge of the ministry, Hon Washington Osifo gave this declaration […]

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