Author: Akintayo Adams

The Nigeria Customs Service (NCS) said it has intercepted various hard drugs worth N4.1bn coming from Canada and India within the past one month. Adewale Bashir Adeniyi, the Comptroller General (CG) of Customs, disclosed this while addressing journalists at the Tincan Island Command in Lagos on Friday. He explained that the men of the service intercepted several packs of cannabis indica weighing 1,072kg coming from Canada in the last month. “The service intercepted three plastic drums concealing several packets of Cannabis Indica, 46 bags containing 2,144 packets of Cannabis Indica all weighing 1,072kg imported from Canada. The approximate street value…

Fidelity Bank Plc has announced the promotion of 11% of members of its staff. This, according to the financial institution is a testament to the exceptional performance and dedication of its employees. This is sequel to the release of its 2023 full year Audited Financial Statements, which reported an outstanding 131.5 percent growth in Profit Before Tax (PBT) to N124.26 billion. The promotions cut across every level, reflecting Fidelity Bank commitment to recognizing and rewarding excellence within the financial institution. Fidelity Bank, in addition to the promotion of staff, has also finalized arrangements to raise a total of N127.1 billion…

The Naira experienced a further decline against the Dollar at the foreign exchange market at the close of trading on Friday. According to FMDQ Data, Naira depreciated to N1,482.72 against the Dollar on Friday from N1476.24 on Thursday. This represents a depreciation of N6.48 against the dollar compared to the N1,476.24 traded on Thursday. Meanwhile, at the parallel market, the naira traded for N1,490 against the dollar on Friday, the same figure as on Thursday. Get instant and latest news updates via Our WhatsApp Community or Google News online channel.

President Bola Ahmed Tinubu has called for stronger ties between Nigeria’s law enforcement agencies and the United States Federal Bureau of Investigation (FBI). Tinubu, who seeks support in the fight against cybercrime, terrorism, and other related crimes made the call during a meeting with FBI Director Christopher Asher Wray at the Presidential Villa in Abuja on Friday. The President said the presence of the FBI director and his team in Nigeria is a testament to the enduring partnership between Nigeria and the United States in the fight against financial crimes and terrorism. He, however, noted that no single country can…

The Securities and Exchange Commission (SEC) has warned Nigerians against investing in the meme coin linked to the popular Nigerian Artiste, David Adedeji Adeleke, popularly known as Davido. This was contained in a statement posted on the commission’s website on Friday. “The general public is hereby advised that meme coins lack fundamental value and are purely speculative. The general public is further warned that investing in meme coins, including $Davido, is highly risky and should be done with a full understanding of the associated risk. “Capital market operators are by this notice warned not to associate with instruments that fall…

Nigeria’s U-17 Women’s Football team, the Flamingos, has secured a spot in the 8th FIFA U-17 Women’s World Cup finals, which will be held in the Dominican Republic later this year. This was after a 2-0 defeat of their Liberian counterparts at the MKO Abiola National Stadium, Abuja on Friday. The victory brought the aggregate score to 6-1 in favor of Nigeria, with exceptional striker Harmony Chidi setting a remarkable record of 13 goals in a qualifying series—a feat likely to stand for years. Her first goal came just four minutes in when she sprinted past the Liberian defense and…

President Bola Ahmed Tinubu – GCFR has arrived in Lagos State from Abuja, the Federal Capital Territory, ahead of the Eid-el-Kabir celebration. This is a confirmation of an earlier statement by presidential spokesman, Ajuri Ngelale, who said the President would mark the occasion in prayers and reflection on advancing the transformation of Nigeria in line with his Renewed Hope Agenda. Earlier, the Federal Government declared Monday, June 17 and Tuesday, June 18, 2024, public holidaysl to mark this year’s Eid-el-Kabir festival. The statement announcing the holidays enjoined all Muslim faithful and Nigerians in general to support, cooperate and join hands…

Ghana’s state-owned electricity company has announced a three-week power interruption. This is due to a reduction in gas supply from Nigeria. Ghana relies heavily on gas for electricity, with additional power sourced from hydro and thermal plants. “The gas reduction, starting Wednesday, is attributed to maintenance work by a Nigerian gas supplier, affecting power generation across Ghana and necessitating load shedding,” the Electricity Company of Ghana (ECG) said late on Thursday. “The reduction in gas supply is due to maintenance works being undertaken by a gas supplier in Nigeria and is projected to last three weeks,” it said. The West…

The Bola Tinubu-led Federal Government has declared Monday, June 17 and Tuesday, June 18, 2024, public holidays to mark this year’s Eid-el-Kabir festival. This was contained in a statement signed by the Ministry of Interior’s Permanent Secretary, Dr Aishetu Ndayako. The statement quoted the minister, Olubunmi Tunji-Ojo, as congratulating Muslims in Nigeria and diaspora on the occasion of the year’s Eid-El-Kabir. He further urged Muslims to imbibe the spirit of peace, kindness and sacrifice, as exemplified by Prophet Ibrahim (Peace be upon Him). The statement also stressed the importance of praying for peace and stability of the country. “The minister…

Osun State Governor, Ademola Adeleke, has reaffirmed the pledge of his administration to upgrade Senior Secondary education. The Osun Supremo made the pledge at the Government House while hosting the Executive Secretary of the Senior Secondary Education Commission, Dr Iyela Ajayi and his team. Àjàyí and his team were in the state to select a model school for rehabilitation and upgrade. “We are a government that believes strongly in education as a potent catalyst for state development,” Adélékè said. “Our government therefore believes in providing a conducive environment for students and teachers to achieve learning goals. The target is to…