The naira has, once again, slightly depreciated, reports have shown. The naira on Friday, depreciated by 1.87 percent to close at N776.9/$ at the investors and exporters (I&E) window. Data from FMDQ Securities Exchange, a platform that oversees foreign exchange (FX) trading in Nigeria, showed that the local currency opened with an exchange rate of…
Twitter rival app Threads has already hit 50 million users and seen nearly 100 million posts a little over 24 hours after it launched. The Instagram and Facebook owner launched the anticipated app at midnight on Wednesday night, and it has also now had 190 million likes. It’s a big win for Meta boss…
Kano State Police Command has arrested three suspected Automated Teller Machine (ATM) card-swapping fraudsters and recovered 36 cards of different banks. Spokesperson of the command, DSP Abudullahi Haruna Kiyawa, who disclosed this in a statement on Thursday, July 6, 2023, said the suspects were arrested after police received a report from a resident that…
A group in the All Progressives Congress (APC) known as the League of Youth Voters for Tinubu and Shettima, has called on President Tinubu to as a matter of urgency address the rising cost of living in the country. The National-Coordinator of the group, Ayoola Oyejide, appealed at a press conference in Abuja on Thursday,…
The embattled former Deputy Commissioner of Police (DCP), Abba Kyari, is still in Kuje prison despite being granted bail of N50 million by a Federal High Court. Recall that Kyari was granted bail on Thursday after about 18 months in prison custody. According to the Judge, Kyari and his team refused to escape when they…
A former manager of Amazon has been handed a 16-year jail term for stealing over $9.4 million from the company while working there. According to a press release from the U.S. Attorney’s Office, Kayricka Wortham stole over $9.4 million from Amazon while working as an operations manager in Georgia from August 2020 to March 2022….
Human Rights lawyer, Femi Falana, SAN, has stated that after the 2023 general elections, Nigerians lost confidence in the democratic process. According to him, plutocracy has replaced democracy in Nigeria. Falana stated this in a keynote address, titled: ‘General Elections in Nigeria 2023: A Review of the Nation’s Political Culture and Electoral Integrity’, and delivered…
Kano State House of Assembly has confirmed Justice Dije Aboki as the substantive Chief Judge of the North-West state. The lawmakers confirmed her appointment on Thursday, July 6, after the Speaker, Ismail Falgore read a letter forwarded by Governor Abba Kabir-Yusuf during Thursday’s plenary. Kano State House of Assembly also confirmed three more commissioner-nominees sent…
Twitter has threatened lawsuit against Meta, owners of a new app called Threads for copying its application. Threads is a new text-based platform launched by Meta owner, Mark Zuckerberg on Wednesday. On Thursday, Zuckerberg announced that Threads had already signed up 30 million users in its first day, vastly dwarfing competitors. Now, a lawyer for…
A Federal High Court in Abuja has said the bail granted to DCP Abba Kyari is conditional. Recall that today, the court granted N50 million bail to suspended DCP Abba Kyari. This comes after the NDLEA had some months ago filed a 24-count charge, marked FHC/ABJ/CR/408/2022, against Kyari and his two siblings, Mohammed Baba…