Money

Ms. Kristalina Georgieva, the Managing Director, International Monetary Fund (IMF), says corruption corrodes trust in government and weakens the impact of policies and public spending.

Military personnel attached to the Defence Headquarters operation, Operation Awatse, late on Monday swooped on vandals in the Arepo area of Lagos, arresting ten persons who had brought trucks and container laden trucks to scoop fuel from a broken Nigerian National Petroleum Corporation (NNPC) pipeline.

The Economic Financial Crimes Commission (EFCC) has arraigned the former Bauchi State Director General of Bauchi Geographic and Information System (BAGIES), Honourable Baba Abubakar Suleiman in Court over allegations of fraud and obtaining money under false pretense.

A teacher identified as Mr Paul Aluola and his wife have been reportedly kidnapped by gunmen suspected to be kidnappers in Ewatto, Esan South East local government area of Edo state.

The House of Representatives has summoned the British High Commissioner to Nigeria, Catriona Laing, over the recent comments made by a member of the British parliament, Tom Tugendhat, against a former Head of State, Yakubu Gowon.

Cardi-B says she is sorry after hosting a large thanksgiving gathering at her home despite warnings following the deadly coronavirus pandemic.

The Nigerian Correctional Service has suspended from Service, Deputy Controller of Corrections, Abubakar Mohammed Sani, who was arraigned by the Economic and Financial Crimes Commission, (EFCC) over alleged recruitment scam.

Justice Mohammed Sani of the Federal High Court has ordered the forfeiture of the sum of $919,000 said to have been hidden away in an interest-yielding account by some officials, to the government.

Abductors of two Reverend sisters and their driver along the Benin/ Ore/ Lagos highway, in Ondo state four years ago have been sentenced to death by hanging.

An Igando Customary Court in Lagos State on Monday dissolved 15-year-old marriage of a cleric, Yusuf Adeniyi, over infidelity.

Governor David Umahi of Ebonyi State, Sunday night revealed that the plan behind his defection was for the former Senate President, Senator Anyim Pius Anyim, and other leaders of the Peoples Democratic Party, PDP, to join him in APC two weeks after he must have successfully defected.

Ebonyi Governor David Umahi said Senator Pius Anyim and National Assembly members from the state, were privy to his decision to join the All Progressives Congress.

The roller coaster which the Nigerian equities market has enjoyed in the last two months may be short-lived as there are indications that investors are planning to take advantage of the low yield being recorded in the money market by diverting into Bitcoin trading.

Dancing and banging drums in the street, doctors and nurses protested in Madrid on Sunday against cuts which they say have left them struggling to cope with the COVID-19 pandemic.

A Federal High Court in Abuja has set aside the purported reversal of the consent given by the Federal Government for the farm-out agreement between Chevron and Transnational Energy Limited (TEL) on the Abigborodo and Hely Creeks marginal fields in the Oil Mining Lease (OML) 49.

The House of Representatives Committee on the Niger Delta Development Commission (NDDC), is seeking to have the Interim Management Committee (IMC), of the Commission and a number of contractors investigated and prosecuted by anti graft agencies should they fail to account for N81.5bn suspicious spending from January to May, 2020.

An Ondo State High Court sitting in Akure, the State capital, has sentenced a man, Olusola Alo, to life imprisonment for raping his own daughter.

Socio-Economic Rights and Accountability Project, SERAP, has asked the Minister of Information and Culture, Mr Lai Mohammed, to probe false posting on the ministry’s official Twitter handle of court proceedings in a lawsuit against him and the National Broadcasting Commission, NBC.