A Bayelsa state High Court, Nembe Division, has granted Kayode Egbetokun, inspector-general of police (IGP), a 42-day grace period to appear in court. As reported by Premium Times, the summon is related to an N649 million hotel lodging debt suit filed by Darius Obiene, the owner of Euphemie Motel in Opu-Nembe, Nembe local government area … Read more

The Federal Bureau of Investigation (FBI) Director, Christopher Wray, declared on Wednesday his intention to resign in January, prior to the inauguration of United States of America President-elect Donald Trump. In a statement communicated to the FBI and made public by the agency, Wray said after extensive consideration, he concluded that the best course of … Read more

Sue Agazie, a former PhD student from Nigeria at Newcastle University, has had her tuition fees refunded following distress caused by her inability to pay for her studies. Facing removal from the UK while undergoing treatment for stage five kidney disease, Mrs. Agazie filed a complaint against the university. Complaint and University Response According to … Read more

A Nigerian businessman said the crashing dollar exchange rate might not immediately affect the prices of goods. The man said that, as a businessman, Nigerians should not expect him to drop the prices of imported goods in his store. He said the effect of the falling dollar exchange rate may not be felt for at … Read more

Supporters of President Bola Ahmed Tinubu, under the banner of the Asiwaju Social Network (ASoN), North West Zone, have accused certain northern politicians of fueling banditry in the region. In a statement signed by Hon. Lukman Hamza and Comrade Aliyu Zuberu, ASoN alleged that these individuals aim to undermine Tinubu’s administration and called on security … Read more

The Central Bank of Nigeria (CBN) has adjusted the Customs duty rate for cargo clearance in Nigeria’s ports. The apex bank reviewed the Customs duty downward following the stellar performance of the Nigerian currency, the naira, in the official and parallel markets. CBN reduces rates for cargo clearance Data from the Customs trade portal shows … Read more

Petroleum marketers have been cautioned by the federal government through Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in Osun to refrain from hoarding and any other sharp tactics prior to, during, and following the holiday. Residents of the state were also cautioned by the agency not to store petroleum products at home or engage … Read more

Long dependent on fossil fuels before emerging a champion of offshore wind power, Danish company Orsted is now struggling to restore its business after dropping several major projects. Orsted was dealt a $4 billion blow last year when it cancelled wind farm projects in the United States, a crucial market for the group. The return … Read more

Maiduguri, Borno state – Two people have been reportedly killed after an improvised explosive device (IED) went off in a housing estate under construction in Dalwa, Borno state. Borno is governed by an All Progressives Congress (APC) chieftain, Professor Babagana Zulum. As reported by Channels Television, the explosion happened around 1 p.m. on Wednesday, December … Read more

The leader of the United Kingdom (UK) Conservative Party, Kemi Badenoch, on Wednesday, said she is not interested in doing Nigeria’s PR, after the Vice-President, Kashim Shettima criticised her for denigrating the country. Badenoch was born in the UK in 1980 to Nigerian Yoruba parents. She, however, returned to Nigeria, where she grew up and … Read more

Findings by Legit.ng show that Nigerian banks are rationing cash in over-the-counter withdrawals and ATMs. The development comes amid worsening cash scarcity nationwide, leading to Point-of-Sale (PoS) operators exploiting the situation to hike their charges by as much as 100%. Banks impose N10,000 cash withdrawal limit Visits to some banks in the Lagos metropolis show … Read more

In Federal University of Technology, Akure (FUTA), where dreams are often forged from sheer will and determination, Caleb Temiloluwa Adewole emerged as a beacon of academic excellence. His story, much like a river carving its path through mountains, is one of resilience, unwavering faith, and an insatiable thirst for knowledge. Caleb Temiloluwa Adewole first-class graduate … Read more

The federal government has said not less than 11 laws that contain provisions on imposition and collection of taxes would be repealed if the proposed tax reforms submitted by President Bola Tinubu are approved. The government also submitted that the reforms aim to scrap over 50 nuisance taxes suffered by local businesses in the country. … Read more

In the year 2024, the sports world mourned the loss of several remarkable Nigerian athletes whose legacies will always be cherished. Below are the notable Nigerian athletes who passed away in the outgoing year: Peter Fregene (October 14, 2024): The iconic former national team goalkeeper, Peter “Apu” Fregene died at the age of 77 after … Read more

South Korea’s flag carrier Korean Air said Thursday it had bought a majority stake in rival Asiana Airlines for $1 billion, making it the effective owner four years after first expressing its takeover intentions. With the acquisition of a 63.88 percent stake, Korean Air said it had invested 1.5 trillion won in the merger, “making … Read more

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 11th December, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira today in the black market? … Read more

Australia will force Meta and Google to pay for news shared on their platforms under a new scheme unveiled Thursday, threatening to tax them if they refuse to strike deals with local media. Traditional media companies the world over are in a battle for survival as precious advertising dollars are hoovered up online. Australia wants … Read more

A Nigerian family’s journey to homeownership in the United Kingdom has captured the hearts of social media users. Their inspiring story quickly went viral with many netizens wishing them well and tapping into their blessing. Couple in UK becomes house owners TikTok user @its_veeachalu shared a captivating video showcasing their stunning new home, sparking massive … Read more

Australia will force Meta and Google to pay for news shared on their platforms under a new scheme unveiled Thursday, threatening to tax them if they refuse to strike deals with local media. Traditional media companies the world over are in a battle for survival as precious advertising dollars are hoovered up online. Australia wants … Read more