The Central Bank of Nigeria (CBN) has announced an increase in interest rates to 13.5%. The CBN has made such a decision for the first time in two and a half years. CBN Governor, Godwin Emefiele, told reporters after the Monetary Policy Committee (MPC) meeting in Abuja that the increase was due to global developments….
The Niger State Police Command has arrested one Lawal Abubakar, 16, of Kasuwan-Gwari in Minna, suspected of attempting to exhume a body in Chanchaga cemetery. He was reportedly caught in the act on Saturday morning, May 21, The spokesperson of the Niger State Police Command, DSP Wasiu Abiodun, said on Monday, May 24: “At…
Armed men suspected to be Fulani herdsmen have brutally attacked a farmer, Okeke Nkemjika in Ebonyi State. The incident happened in the Amaeze community in Ivo Local Government Area of the state on Sunday, May 23. According to reports, the victim was attacked at a palm plantation in the community where he was working as…
Gunmen suspected to be members of the Aiye cult group have killed another area boy, popularly known as Wale Matasaka in Abeokuta. The young man was butchered on Sunday night in front of a popular lounge at Quarry road in the state capital. This is coming barely a month after Tommy, a popular area boy…
A suspected car snatcher has been beaten to death by angry residents in Charanchi Local Government Area of Katsina State. The spokesperson of the command, SP Gambo Isaah confirmed the incident in a statement on said the suspect belonged to a notorious syndicate of armed robbers and car snatchers. According to the PPRO, a five-man gang…
According to the Nigerian Tribune, the naira was worth N610 to a dollar on the parallel market in Lagos and Abuja over the weekend. According to the report, the exchange rate in other cities such as Ibadan, Abeokuta, and Benin City had ranged between N600 and N605 to the dollar. As of Friday, the official…
The Nigerian Communications Commission (NCC) has issued a warning to users of AVAST and AVG antivirus software. The NCC’s cybersecurity arm, the Computer Security Incident Response Team (CSIRT), stated that users of the aforementioned viruses are now vulnerable to cyber attacks due to a vulnerability in the system used by the two protective solutions. According…
The Federal Competition and Consumer Protection Commission’s Executive Vice-Chairman/Chief Executive Officer has announced the agency’s anti-loan shark app tactics. In an interview with Odinaka Anudu, Babatunde Irukera said that the agency has taken serious action against lending applications and other businesses that were breaching Nigerian customers’ rights. He explained what the agency is doing…
A newborn baby wrapped in a polythene bag has been found dead in Birnin Kebbi, the Kebbi State capital. According to a Facebook user, Abubakar Sambawa, the baby was found dumped along a road in Badariya area of Birnn Kebbi on Sunday morning, May 22.
Huzaifa Karfi, the lecturer who was abducted when he delivered ransom to kidnappers, has regained his freedom. The Associate Professor at Kano University of Science and Technology (KUST), Wudil, was abducted in Zaria when he went to deliver the ransom for the village head of Karfi in Takai Local Government Area of Kano, on Wednesday. The kidnappers released…