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[UPDATED] Fubara plotting interim order to declare Rivers assembly illegal – APC

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…

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N1.7bn gratuity: Ibadan poly retirees demand monthly payment

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….

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EFCC arrests Bobrisky for naira abuse

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…

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Premium Pension records N1.134tn revenue in 2023

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…

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EXPLAINER: All you need to know about newly signed Student Loans Act 2024

Aftermath of President Bola Tinubu’s signing into law of the Student Loans (Access to Higher Education)(Repeal and Re-enactment) Act, 2024, the Presidency has revealed why the former act was repealed. According to an explainer by the President’s Special Adviser, Ajuri Ngelale, the repealed Student Loan Act, 2023, had challenges that border “on governance and management,…

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INTERPOL will re-arrest fleeing Binance executive, says IG

The Inspector General of Police, Olukayode Egbetokun, has promised that the International Criminal Police Organisation will soon re-arrest Nadeem Anjarwalla, the Binance Regional Africa Manager, who escaped from custody in Nigeria. Egbetokun said this on Thursday while fielding questions from journalists at the Nigeria Police Force Headquarters, Louis Edet House, Abuja. Egbetokun said, “I am…

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Court orders EFCC to pay photographer N5m for defamation

Justice John Okorowo of the Federal High Court, Abuja, has awarded N5m damages against the Economic and Financial Crimes Commission for wrongfully parading a photographer, Nasiru Saidu-Ali, popularly known as Kozzo, as a fraudster. The incident happened in May 2019 when the photographer was arrested from his Abuja home and his photos splashed on the…

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