SIM registration: MTN’s slow action aided Boko Haram, says Buhari

President Muhammadu Buhari on Tuesday publicly accused the MTN Group of contributing to the casualty figure of about 10,000 Nigerians killed by members of the Boko Haram sect between 2009 and now. He claimed the telecommunication firm contributed to the figure by selling unregistered SIM cards, which he said were being used by the terrorists. […]

We’ll not forget Nigeria’s sacrifice for S’Africa – Zuma

17227 John Ameh and Sunday Aborisade, Abuja South African President, Jacob Zuma, on Tuesday acknowledged that Nigeria and Nigerians indeed sacrificed for his countrymen to be freed of the clutches of apartheid. He said particularly remarkable was a point in the history of the liberation struggles in South Africa when Nigerian civil servants voluntarily contributed […]

Switzerland gives Nigeria conditions to repatriate $321m Abacha loot

Olalekan Adetayo and Adelani Adepegba Switzerland has given conditions for repatriating $321m looted by a former military ruler, the late Gen. Sani Abacha, to Nigeria. Part of the conditions is that the fund would be used for projects that would benefit Nigerians and they (the projects) must be monitored by the World Bank. The Minister […]

The face of corruption: EFCC searches Badeh’s house, recovers $1m cash

Immediate past Chief of Defence Staff, Air Chief Marshal Alex Badeh (retd.) 29198 Eniola Akinkuotu, Abuja The Economic and Financial Crimes Commission has recovered $1m cash from one of the houses belonging to the immediate past Chief of Defence Staff, Air Chief Marshal Alex Badeh(retd.), The PUNCH has learnt. Our correspondent learnt the money was […]

I’m ready for trial to clear my name, but… – Dasuki (You still have a name?)

Accuses FG of denying him access to lawyers ABUJA—Former National Security Adviser, NSA, Col. Sambo Dasuki (retd), has restated his desire to have free access to his lawyers to enable him defend himself and clear allegations on the criminal charges of unlawful possession of fire arms brought against him by the Federal Government. Dasuki told […]

Senator Dino Melaye insults Mrs. Lara Oshiomole, Edo gov’s Cape Verdian wife

By Anozie Egole Chairman, Senate Committee on the Federal Capital Territory, Senator Dino Melaye, has been berated over his uncomplimentary remarks about the wife of Governor Adams Oshiomhole of Edo State, Mrs Iara Oshiomhole.Dino-Oshobaba Melaye, who represents Kogi-West senatorial district, while contributing to a motion by Senator Enyinnaya Abaribe, which advocated the patronising of products […]

Court orders EFCC to grant Jonathan’s ex-ADC liberal bail

Ade Adesomoju A Federal Capital Territory High Court in Jabi, Abuja, has ordered the Economic and Financial Crimes Commission to immediately grant bail to former President Goodluck Jonathan’s ex-aide-de-camp, Col. Ojogbane Adegbe, in liberal terms. Justice Yusuf Halilu, ruling on a fundamental rights enforcement suit filed by Adegbe on Tuesday, however, refused the plaintiff’s prayer […]

Naira now 300/dollar as forex supply slows

  -punch Oyetunji Abioye The naira rose further on Wednesday against the United States dollar at the parallel market to 300 from 310 on Tuesday. The local currency, which closed at 391 against the greenback last Thursday, had risen to 375 and 310 on Monday and Tuesday, respectively. While linking the recent gain recorded by […]

IMF disagrees with Buhari, insists on naira devaluation

Oyetunji Abioye and Ade Akanbi-Punch The Central Bank of Nigeria needs to devalue the naira by adjusting the official exchange rate of N199/dollar to a more market-determined exchange rate, the International Monetary Fund has said. This position sharply differs from that of President Muhammadu Buhari, who insisted that Nigeria would not devalue the currency. A […]

Ex interior affairs minister, Abba Moro, faces N676m money laundering, fraud charges

Punch Eniola Akinkuotu and Ade Adesomoju The Economic and Financial Crimes Commission says it is set to arraign the immediate past Minister of Interior, Mr. Abba Moro, for allegedly defrauding graduate applicants of N676,675,000 during the 2014 Nigeria Immigration Service recruitment during which about 20 job seekers lost their lives. The EFCC said in a […]

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