Author: Vreporters
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EFCC Makes Clarification Over Religious Sect Laundered Billions of Naira For Terrorists
The Economic and Financial Crimes Commission, EFCC, has clarified that the religious sect that was revealed by its Chairman, Ola Olukoyede, to have been indicted for money laundering is neither a church nor a mosque. Olukoyede had revealed that the anti-graft agency traced the sum of N7bn, suspected to be part of N30bn money laundering,…
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Bandits kidnap director near military base in Abuja
Punch Newspaper Bandits, on Thursday, abducted a director in Federal Housing Authority, Federal Capital Territory, identified as Aondo Ver, from his home, during an attack about 200 metres close to a military base in Pambara in the Bwari Area Council of Abuja. The bandits who struck around 12.30am on Thursday, shot indiscriminately, causing panic in…
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CBN Orders Banks to Sell Excess Dollars in 24 hours
Punch Newspaper Amid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money Banks to sell their excess dollar stock latest February 1, 2024. The CBN, which made the disclosure in a new circular released on Wednesday, also warned lenders against hoarding excess foreign currencies for…
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5 Most Rigged Elections in Africa
Illustrative 📸
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Why We Propose N400,000 as Minimum Wage – Labour Union
The labour union has proposed a minimum wage of $300 (N436,500) for Nigerian workers ahead of negotiations on the new national minimum wage. Chairman, Trade Union Side, Joint Meeting of the National Public Service Negotiating Council (JNPSNC), Comrade Benjamin Anthony, made this proposal at the 2023 meetings of the Separate and Joint National Public Service…
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Jamb Boss, Oloyede Made Over N50 Billion Within a Year – VP, Shettima
Vice president, Kashim Shettima (Illustrative Picture)
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Naira Continues Free Fall on Official Window Against U.S Dollar
Punch Newspaper The naira continues its free fall on the official Investor and Exporter window of the foreign exchange market, closing at N1482.57/$ on Tuesday. This is a 9.93 per cent decline from its N1348.63/$ Monday rate according to data from the FMDQ Securities Exchange. On the parallel market, it remained stable at N1,450/$, and…
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Nigeria Rises on Global Anti-corruption Index – Report
The Civil Society Legislative Advocacy Centre (CISLAC) and Transparency International-Nigeria (TI) has said Nigeria improved on the global corruption perception index. This is contained in a Corruption Perception Index (CPI) report formally presented on Tuesday in Abuja by the Executive Director CISLAC and TI-Nigeria, Mallam Auwal Musa Rafsanjani. Rafsanjani said the report shows that Nigeria…
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JAMB Suspends 10,378 DE students’ Admission Over Failed Verification
Punch Newspaper No fewer than 10,378 candidates, who wrote the Direct Entry examination organised by the Joint Admissions and Matriculation Board in 2023, currently have their admission suspended following the failure of their A-level issuing institution to submit a verification report to JAMB. In February 2023, JAMB issued an advisory to guide candidates seeking to…
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WASSCE CBT To Commence January 31st, as 8,285 Register For Maiden Examination
The Head of National Office, West African Certificate Examination, Nigeria, Dr Amos Dangut, said as of Monday, 8,285 candidates had registered for the maiden Computer Based-West Africa Senior School Certificate Examination for Private Candidates, 2024. Speaking at a press conference on Monday, Dangut revealed that the exam would start on Wednesday, January 31, and end…