A High court sitting at the Tafawa Balewa Square, Lagos has ordered kidnap kingpin, Chukwudumeme Onwuamadike aka Evans, to refund the sum of €233,000 ransom he collected from one of his victims, Chief Donatus Dunu. Justice Olukayode Ogunjobi on Wednesday, February 15, also ordered the convicted kidnapper to pay N50 million as general damages in…
In spite of the Central Bank of Nigeria’s insistence on old Naira notes no longer being legal tenders, the Supreme Court has ruled that its February 8 order barring the Federal Government and its agencies from enforcing the February 10 deadline for the use of old 200, 500 and 1000 naira notes still subsist. The…
A 51-year-old Lagos Pastor of Lord’s Chosen Church, Canaan Land branch, Nduka Anyanwu, who pleaded guilty to d£filing and impregnating two teenage sisters in August 2020, has been sentenced to life imprisonment by an Ikeja sexual offences and domestic viol€nce court. Judge Abiola Soladoye sentenced him on Tuesday, February 14, for impregnating the two sisters,…
The Supreme Court has adjourned the suit filed by some state governments to challenge the 10 February deadline set by the Central Bank of Nigeria (CBN) to end the use of old naira notes. A seven-member panel of the court led by John Okoro adjourned the case on Wednesday until 22 February, dashing the hope of many…
The Supreme Court, on Wednesday, joined Lagos, Cross River, Ogun, Ekiti, Ondo and Sokoto states as plaintiffs in the suit challenging the decision of the Federal Government to stop the use of N200, N500 and N1000 old Naira notes as valid legal tenders in the country. The home state of President Muhammadu Buhari, Katsina, equally…
The National Emergency Management Agency has received a batch of 150 Nigerians repatriated from Niamey, Niger Republic. It was learnt that the returnees were voluntarily brought back to Nigeria in a chartered aircraft, Sky Mali UR-CQX with registration number FMI 6001, which landed at the Cargo Wing of the Murtala Muhammad International Airport, on Tuesday….
The Central Bank of Nigeria (CBN) has vowed to prosecute point-of-sales (PoS) operators who are taking advantage of the current cash scarcity in the country, to exploit the general public by charging exorbitantly for transactions. The CBN Governor Godwin Emefiele said this on Tuesday, February 14, in his meeting with members of the diplomatic corps….
The Naira on Monday exchanged at N461 to the dollar at the Investors and Exporters window.The figure represented an appreciation by 0.11 per cent compared with the 461.50 it exchanged for, at the close of business on Feb. 10.The open indicative rate closed at N461.35 to the dollar on Monday.An exchange rate of N462 to…
