Daily Archives: July 22, 2025

Two CBEX Promoters Granted Bail of N10 Million Apiece

The Federal High Court in Abuja has granted bail to two promoters of the collapsed investment platform Crypto Bridge Exchange (CBEX), each set at N10 million. Justice Mohammed Umar ruled in favor of Awerosuo Otorudo and Chukwuebuka Ehirim, admitting them to bail with two sureties each in the same amount. The judge ordered that the…

Hisbah Destroys Alcohol Worth N5.8 Million in Jigawa

The Jigawa Hisbah Board has confiscated and destroyed alcohol valued at N5.8 million in Kazaure Local Government Area. The state Hisbah Commander, Ibrahim Dahiru, revealed this during an interview with the News Agency of Nigeria in Dutse on Monday, July 21, 2025. He explained that the operation, led by Kazaure Chairman Alhaji Mansur Dabuwa, involved…

Datti Ahmed, Peter Obi’s 2023 Running Mate, Participates in Labour Party NEC Meeting Led by Julius Abure

Amid the ongoing leadership dispute within the Labour Party (LP), the Julius Abure-led faction convened a National Executive Committee (NEC) meeting on Monday, July 21, at the party’s national headquarters in Abuja. The gathering brought together key leaders and stakeholders. Present at the meeting were factional National Chairman Julius Abure; National Secretary Alhaji Umar Farouk;…

Federal Government Proposes Cut in Import Duties

The Federal Government, through the Nigeria Customs Service (NCS), is considering the removal of the current seven percent surcharge on all imports as part of a proposal to reduce import duties. Comptroller-General of Customs, Adewale Adeniyi, revealed during a town hall meeting on the Bodogwu clearance system that the proposal to scrap the surcharge is…

Nigerian Muslim Cleric Condemns First Wives Who Label Potential Second Wives as “Husband Snatchers”

Nigerian Islamic cleric and counselor Bello Muhammed Tahir (BMT) has strongly criticized Muslim first wives who perceive potential second wives as “husband snatchers,” calling such views “sickening and unacceptable.” In a Facebook post on Monday, July 21, the cleric emphasized that being a first wife does not grant ownership over a husband. “It is sickening…

GenCos Oppose Tariff Reduction Proposed by Enugu Power Regulator

Electricity generation companies under the Association of Power Generation Companies (APGC) have expressed strong concerns over the recent decision by the Enugu Electricity Regulatory Commission (EERC) to reduce the Band A electricity tariff. They warn that this move will exacerbate the already fragile financial situation within the power sector. On Sunday, the EERC announced a…