The Supreme Court of Nigeria, on Friday, dismissed a suit filed by 19 states seeking to declare the operations of the Economic and Financial Crimes Commission (EFCC), the Independent Corrupt Practices and Other Related Offences Commission (ICPC), and the Nigerian Financial Intelligence Unit (NFIU) illegal. In a unanimous ruling by …
Read More »Monthly Archives: November 2024
Power Outage Hits Gombe, Bauchi, Benue, Plateau States
Power supply has been disrupted in several states under the Jos Electricity Distribution Company (JEDC) franchise, including Gombe, Bauchi, Benue, and Plateau, due to a fault on the 330kV double-circuit transmission lines from Ugwuji to Makurdi to Jos. The blackout, which occurred on Friday, November 15, 2024, at around 12:21 …
Read More »New UNIZIK VC begs for Support amid Appointment Crisis
Authorities of Nnamdi Azikiwe University (UNIZIK), Awka, Anambra State, have called for peace and collaboration among all factions within the institution following the emergence of Prof. Bernard Odoh as the new Vice Chancellor. The university emphasised the need for all parties to put aside differences and work together towards building …
Read More »Stop Diverting, Hoarding Cash, CBN Warns Banks
The Central Bank of Nigeria (CBN) has issued a stern warning to Deposit Money Banks (DMBs) over the hoarding and diversion of cash, stressing that such actions will attract severe penalties. In a circular dated November 13, 2024, and signed by Muhammad J. Olayemi, Acting Director of Currency Operations, the …
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