The Kaduna State Government, through the Ministry of Finance, has denied procuring fresh $17.69m loan. The state Commissioner for Finance, Shizzer Bada, made the government’s position known in a press statement on Thursday. She explained that no borrowing of $17.69m was undertaken under the present administration. “We did not borrow the said amount or any…
A Federal High Court in Abuja has adjourned the tax evasion case involving Binance Holdings Limited and its executives. The Federal Inland Revenue Service had dragged the firm to court for tax evasion. Also joined in the suit are officials of the company, Tigran Gambaryan, and fleeing Nadeem Anjarwalla. In the suit marked: FHC/ABJ/CR/115/2024, Binance…
The Kano Area Command of the Nigeria Customs Service says it generated N30.2bn in revenue between January and March 2024. The Area Comptroller, Mr Dauda Chana, disclosed this in an interview on Thursday in Kano. The Kano area command covers Kano and Jigawa states. Chana said there was a significant increase in the revenue generation…
The Nigerian Electricity Regulatory Commission, on Wednesday, approved an increase in electricity tariff for customers under the Band A classification. The Vice Chairman, NERC, Musliu Oseni, said the increase will see the customers paying N225 kilowatt per hour (KW/h) from the current N66. PUNCH Online notes that customers under Band A are those who enjoy 20-24…
The seven-man panel set up by the Edo State Chief Judge, Justice Daniel Okungbowa, to investigate the allegation of gross misconducts levelled against the state deputy governor, Philip Shaibu, on Thursday fixed Friday, April 5, 2024, for final adjournment for the deputy governor to defend himself. The panel took the decision when it resumed its…
The Rivers State chapter of the All Progressives Congress has alleged that the state governor, Siminalayi Fubara, is plotting to procure interim orders to declare the state House of Assembly illegal. Also, the state’s main opposition party said Fubara’s outburst on Wednesday while addressing members of the Nigerian Union of Local Government Employees in Government…
The Nigeria Union of Pensioners, The Polytechnic, Ibadan branch, Oyo State, on Thursday, demanded the monthly funding of their gratuity by the state government so as to address various challenges being faced by members. The chairman of the union, Segun Akindele, made this known during a press conference, held at the NUP Secretariat, Polytechnic, Ibadan….
The Economic and Financial Crimes Commission has arrested and detained controversial cross-dresser, Idris Okuneye aka Bobrisky, over abuse of naira, spraying of naira notes and currency mutilation. Bobrisky, who has been embroiled in several controversies over the past weeks, was arrested in Lagos on Wednesday night, and has since been detained at the Lagos Command…
The number of new prostate cancer cases around the world will more than double over the next two decades as poorer countries catch up with the ageing of richer nations. This was according to a Lancet report published on Thursday. “Our findings suggest that the number of new cases annually will rise from 1.4 million…
President Bola Tinubu, on Thursday, said he would support a proposal for the direct election of members into the parliament of the Economic Community of West African States. Tinubu said the move would give citizens of member states a say in who represents them. “As a one-time legislator myself, I look forward to reviewing the…
Premium Pension Limited, a Pension Fund Administrator in Nigeria, has said its total assets experienced significant growth in 2023, reaching N1.134tn by 31 December, 2023. It disclosed this in a statement made available to PUNCH Online on Thursday. The fund convened its 19th Annual General Meeting on Tuesday at its office headquarters in Abuja where…
The Borno State Police Command has arrested four persons in connection to an attempt to burn the Mafa IDP camp in Mafa Local Government Area of the state. The arrested persons were Malum Usman, 16; Bulama Bukar, 14; and Rawa Usman, 11; as well as their alleged sponsor, Babagana Umar, 40. The PUNCH recall that,…