Month: September 2024

Nigeria’s Foreign Exchange Reserves Rise by $621.2 Million in 10 Days Due to Successful Dollar Bond Sale

Nigeria’s foreign exchange (FX) reserves saw an increase of $621.2 million within 10 days, thanks to the successful sale of a domestic dollar bond, according to data from the Central Bank of Nigeria (CBN). The reserves grew from $36.24 billion on September 2, 2024, to $36.87 billion by September 12, 2024, highlighting the positive impact […]

President Tinubu Praises Military for Recent Successes Against Terrorism in Northwest Nigeria

In a significant development, President Bola Tinubu has expressed relief and optimism following a series of successful military operations targeting terrorist threats in Nigeria’s northwest region. In a statement released on Saturday, the president emphasized the military’s dedication to restoring peace and stability amid ongoing security challenges. The operations, conducted by troops from Operation Hadarin […]

Media Experts Urge Journalists to Prioritize Conflict-Sensitive Reporting Ahead of Edo, Ondo Elections

Experts from media and civil society organisations have urged journalists to approach their coverage of the forthcoming Edo and Ondo State elections with caution, to avoid escalating tensions and conflicts. This call was made during a webinar titled, “Conflict Sensitive Reporting and Election: Best Practices and Ethical Considerations,” organised by Corporate Accountability and Public Participation […]

Suspect Narrates How Native Doctor He Met On TikTok; Directed him to Dismember Kogi University Student For Money Ritual

The Kogi State Police Command has arrested and paraded four suspects in connection with the gruesome killing of Damilola Olowoyo, a 19-year-old first-year student of the Federal University Lokoja. The main suspect, Jeremiah Paul, 20, was apprehended along with three accomplices: Emmanuel Otitoju, Banabas Olugbenga, and Ajayi Basit Ayomide. Paul, a native of Chikun Local […]

FBI Arrests Nigerian at JFK Over $10M COVID Fraud Scheme

Four years ago, during the height of the COVID-19 pandemic, while many fought to save lives, others exploited the crisis for personal gain. One such individual is Yomi Jones “Sabbie” Olayeye, a 40-year-old Nigerian accused of attempting to defraud the U.S. government of $10 million in unemployment benefits and receiving $1.5 million in pandemic relief […]

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