Court strikes out suit challenging CBN’s cashless policy
A federal high court in Lagos has dismissed a suit challenging the legality of the Central Bank of Nigeria (CBN)’s cashless policy. Akintayo Aluko, the presiding judge, gave his ruling on Friday in a suit filed by one Victor Onyegbado who claimed the policy was unconstitutional, and that it subjected him to restrictions. […]
Gunmen ‘bomb’ home of Imo commissioner
Gunmen, on Thursday, reportedly set ablaze the home of Ford Ozumba, commissioner for labour, employment and productivity in Imo state. The attack was said to have occurred in the commissioner’s hometown in Umuhu-Okabia community, Orsu LGA of the state. The attackers reportedly threw petrol bombs into the compound. Confirming the incident […]
Police defuse IED in Kaduna community — ‘fifth in less than a month’
An improvised explosives device (IED) has been found in Shanono, a community in Rigasa, Igabi LGA of Kaduna state. The IED was reportedly concealed in a bucket at the same spot where another one was discovered the previous day. An anti-bomb squad deactivated the IED in Shanono on Thursday and no one […]
Appeal court dismisses Ogbuoji’s suit seeking Umahi’s sack over defection
The court of appeal sitting in Enugu has dismissed the suit seeking the removal of David Umahi and Eric Igwe as governor and deputy governor of the state. Henry Njoku, a high court judge in Ebonyi, had on February 28 dismissed a suit brought by Sunny Ogbuoji, the All Progressives Congress (APC) candidate […]
Amid FX scarcity, naira trades N587 per dollar at parallel market
Nigeria’s official currency, the naira, has maintained stability against the US dollar at the parallel market for the past week. The development comes amid the lingering forex scarcity in the country. Bureaux De Change operators (BDCs), popularly known as ‘abokis,’ told TheCable that naira traded at N587 to the dollar. The […]
‘We may increase tariffs’ — telcos union laments insecurity, high energy costs
Telcos under the aegis of the Association of Licensed Telecommunications Operators of Nigeria (ALTON) say they are considering an upward review of tariffs. According to the telcos, the development is due to the rising cost of diesel and its implications for the cost of doing business. They also said the security situation […]
Ozekhome: N’assembly tried to amend constitution illegally with section 84(12) of Electoral Act
Mike Ozekhome, human rights lawyer, says the national assembly acted beyond its powers in its amendment of section 84(12) of the Electoral Act. The section reads: “No political appointee at any level shall be a voting delegate or be voted for at the convention or congress of any political party for the purpose […]
Lekki-Ikoyi tollgate: Lagos CP warns against protest as LCC resumes tolling
Abiodun Akabi, Lagos state commissioner of police, has warned against protests at the Lekki-Ikoyi bridge link. His statement comes as the Lekki Concession Company (LCC) commenced tolling operations at the Lekki-Ikoyi link bridge on Friday. The company had suspended its operations at the Lekki tollgate after the shooting of protesters during the […]
Nigerian ‘prince’ bags 33-month jail term in US for fraud
Sobanke Adereti, a 24-year-old Nigerian, has been sentenced to 33 months in prison over passport falsification and bank fraud in the United States of America. Jeremy Kernodle, a US district judge, announced the verdict on Wednesday. According to a statement by the US department of justice, the Nigerian was indicted for federal […]
FG extends NIN-SIM linkage deadline by a ‘few days’
The federal government has extended the deadline for the ongoing national identification number (NIN) and subscriber identity module (SIM) integration exercise by “a few days”. Following the last extension, the exercise was meant to end on Thursday, March 31, 2022. In a statement announcing the latest extension, Isa Pantami, minister of communications […]
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