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Oil Theft: ‘Actual stealing at export terminals, flow-stations, not refining camps’
Security operatives, lawyers, activists, environmentalists, and other stakeholders of the Niger Delta have revealed that the actual stealing of the nation’s crude oil occurs at the various export terminals and flow…
World leaders condemn Russian concert hall attack
World leaders denounced a deadly attack by gunmen on a Moscow concert hall on Friday that killed more than 60 people and wounded over 100. Attackers dressed in camouflage uniforms entered the Crocus City venue ahead…
Impeachment: Edo CJ constitutes panel to probe allegations against Shaibu
The Chief Judge of Edo State, Justice Daniel Okungbowa, has set up a seven-member panel to probe the accusations brought against the state’s deputy governor, Philip Shaibu, by the state House of Assembly. A statement by…
Major Crypto Exchange OKX shuts down in India, advices users to withdraw all funds
Major Cryptocurrency exchange OKX has announced that it is shutting down its services in India due to local regulations. The Crypto exchange advised its users to withdraw all funds on the platform by the end of April.…
Stamp duty: Court refuses to restrain CBN from disbursing ‘trillions’ deposited by commercial banks
The Federal High Court sitting in Abuja has refused to restrain the Central Bank of Nigeria (CBN) from disbursing all accrued deposits paid into the CBN…
Delta: Militant leader who masterminded killing of soldiers in Okuama on the run – Report
Details have emerged of the mastermind responsible for the killing of sixteen (16) soldiers recently in Okuama, a community in Ughelli South local government area of Delta State. The militant leader (name withheld)…
Rape convict Robinho arrested in Brazil
Former Manchester City and Real Madrid footballer Robinho was arrested Thursday in Brazil, after losing a last-minute court bid to delay serving his nine-year sentence for raping a woman a decade ago. Supreme Court…
Jeff Bezos now world’s richest with $201bn, overtakes Bernard Arnault
Jeff Bezos, the founder of Amazon, on Thursday, replaced Bernard Arnault, a French entrepreneur, as the world’s richest person. According to data from Bloomberg…
Those Alleging Malicious Embellishment of Budget Don’t Understand the Arithmetic – Tinubu
President Bola Tinubu, late last night, reacted for the first time to allegation of budget padding by Senator Abdul Ningi from Bauchi State, and…
Tide turns for naira but foreign investors want more
The Central Bank of Nigeria (CBN) is making all the right moves to attract foreign portfolio investors (FPIs) into a market that burnt fingers in the last eight years, but…
Thousands May Miss Ramadan Umrah As S/Arabia Fails To Issue Visas
Thousands of intending pilgrims from Nigeria may miss the 2024 Ramadan Umrah pilgrimage to Saudi Arabia over the decision of the authorities to stop issuing Umrah visas, Daily Trust can report. Already, the…
Many Feared Dead As Bandits Invade Niger Market
An unspecified number of people have been reportedly killed when bandits invaded a market in Madaka community, Rafi LGA of Niger State. The residents said the attackers invaded the market around 3pm on Thursday when the…
Drug trafficking: Court jails Lagos socialite’s convicted friend 15 years
A Lagos Federal High Court has convicted and sentenced a convict, Mrs. Odeyemi Omolara, to another 15 years imprisonment for drug trafficking. The convict, Omolara, who is currently serving a 25-year jail-term, was…
Kanu’s family knocks South-East politicians for abandoning IPOB leader
The family of the detained leader of the Indigenous People of Biafra, Nnamdi Kanu, has criticised political leaders in the South-East for failing to meet with President Bola Tinubu to secure the release of their son. The…
Naira hits two-month high of N1,382 on CBN’s FX reforms
Nigeria’s naira rose to a two-month high of N1,382.35 per dollar on Thursday at the official foreign exchange market helped by foreign exchange reforms by the Central…
N50bn monthly diesel costs threaten Nigeria’s communication backbone
Rising diesel prices are threatening Nigeria’s communication backbone, with telecommunication operators’ spending on the fuel rising to N50.28…
Why Israel looks deeply vulnerable
“Iwish i could say we have a very detailed plan,” an Israeli army officer admitted to your correspondent in the chaotic days following Hamas’s brutal assault on southern Israel…
Apple loses $115 billion in market value as regulators close in
Regulators on both sides of the Atlantic are training their eyes on Apple Inc., unnerving investors with fears over fines and threatening its market dominance. In the US, the Justice Department and 16 attorneys general are…
‘We are heart-broken,’ wives of Binance employees detained in Nigeria cry out
The wives of two Binance employees detained by the Nigerian government have cried out that they are heart-broken for the continued detention of their husbands. Two Binance employees, Tigran Gambaryan and Nadeem…
Lagos touts jailed one month for imposing levy on pedestrians using bridge
A magistrate court in Oshodi, Lagos State, has sentenced the miscreants who imposed a N100 levy on traders and other pedestrians using the Yaba bridge to one month in prison. The Commissioner for Environment and Water…
Rewane Says Naira Appreciation Is Sustainable
The Managing Director/Chief Executive Officer of Financial Derivatives Company Limited Bismark Rewane believes better days are ahead for the country’s currency, the naira. On Wednesday, the naira closed trading at…
We don’t support patronising I&E window for FX – Foreign airlines tell CBN
Foreign airlines in Nigeria say they do not support patronising the investors and exporters (I&E) window for foreign exchange (FX) transactions. The airlines, under the aegis of the Association of Foreign Airlines…
Canada to reduce number of temporary foreign workers
Canada, for the first time, is planning to reduce the number of temporary foreign workers it welcomes, officials announced Thursday, after years of lofty immigration levels. Ottawa is proposing to reduce the number of…
Delta killings: Don’t hide any suspect, Oborevwori warns traditional rulers
… Says “We need to fish out those involved” GOVERNOR Sheriff Oborevwori of Delta State, Thursday, warned kingdoms and traditional rulers in the state against hiding or shielding anyone involved in the killing of…