Emefiele to forfeit $4.7m, N830m, mansions, others

A Federal High Court in Ikoyi, Lagos, has ordered the interim forfeiture of $4,719,054, N830,875,611, and several properties linked to the former Governor of the Central Bank of Nigeria, Godwin Emefiele. Justice Yellim Bogoro issued the order today, Friday, May 14, after an ex-parte motion by EFCC counsel Bilkisu Buhari and C.C. Chineye…

Police rescue five kidnapped victims in Kogi forest

Operatives of the Kogi State Police Command have rescued five victims who were kidnapped at Aresuare in Ajaokuta Local Government Area of the state. The victims were rescued by operatives attached to Adogo Division led by SP Yusuf Hantsi, in collaboration with the local vigilantes on Thursday, May 23, 2024. a Spokesperson of the…

Shettima: $25bn spent on fuel importation every year

Vice-President Kashim Shettima has revealed that Nigeria spends $25 billion per annum on the importation of petroleum products. Speaking at the Vanguard Economic Discourse themed ‘Reforms in the Era of Global Economic Uncertainties: Whither Nigeria’, which was held at the Civic Centre, Victoria Island, Lagos, Shettima said the importation of fuel would soon be…

Court Jails Man for Spraying Naira at Party

Justice C.A. Obiozor of the Federal High Court sitting in Benin City has convicted and sentenced one Osazee Kenneth Imagbenikaro to jail for spraying naira notes. Imagbenikaro was convicted on a two count charge for offence bordering on spraying naira notes on Thursday May 16, 2024 contrary to Section 21(3) of the Central Bank of…

Mother of four murdered in Sokoto hotel

A middle-aged woman was brutally murdered by an unknown person in a hotel in Sokoto State. A spokesperson for the State Police Command, ASP Ahmed Rufai, who confirmed the incident to  Punch  on Friday, May 24, 2024, said the mother of four was found dead with a slit throat in the toilet of the…

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