Security Watch
11 Feb
Residents of Sobi Poly Feeder at Oke-Fomo in Ilorin West Local Government Area (LGA), which comprise 44 communities, on Tuesday staged
9 Feb
The Police Command in Edo, has rescued one Osazee Okungbowa, who was kidnapped on Friday night in Owanoba community. The command’s Public Relations Officer, CSP Moses Yamu, disclosed this on Sunday in Benin through a statement made available to the News Agency of Nigeria (NAN). Yamu said five armed men allegedly kidnapped the victim…
30 Jan
The police have confirmed the recovery of no fewer than 1,519 stolen vehicles through the e-CMR portal. The disclosure was made by the spokesman of the police, ACP Muyiwa Adejobi, today in Abuja. According to Adejobi, the police, under the astute leadership of IGP Kayode Adeolu Egbetokun, once again restates its commitment to implementing e-policing…
28 Jan
Troops of the 6 Brigade, Nigerian Army/Sector 3 of Operation Whirl Stroke (OPWS), have arrested a Boko Haram Terrorist suspect in Taraba. This is contain in a statement on Tuesday in Jalingo, by Captain Olubodunde Oni, Acting Assistant Director, Army Public Relations. “Acting on actionable intelligence, on January 26, 2025, troops successfully tracked and apprehended…
25 Jan
The Akansan Garmadi, Rumaya Community in the Kwassam ward of Kauru Local Government Area of Kaduna State has been thrown into pandemonium as bandits killed a 27-year-old man, Piti Ezekiel, and kidnapped five other persons. Danbaba Katuka, the National Secretary of the Kauru LGA CDAs confirmed the incident on Friday. The abducted victims are; Afiniki…
24 Jan
The Chairman of Gokana Local Government Area in Rivers State, Monday Dumiye, has procured security operational vehicles for the various commands of the security agencies operating in the council to boost security. Those to benefit from the security vehicles are the Nigerian Police Force, Nigerian Army, and the Federal Road Safety Corps commands in the…
23 Jan
The Inspector-General of Police, Kayode Egbetokun, has ordered the immediate transfer of DIG Jonathan Towuru from his post in the Southsouth zone to the Force Criminal Investigative Department (FCID), Abuja. The posting, which takes effect immediately, came barely two weeks after he was decorated as the new Deputy Inspector General of Police in the South-South…
21 Jan
Operatives of the Kaduna State Police Command have arrested suspected armed robbers and kidnappers in the state following a tip-off. DSP Mansir Hassan, the state’s police spokesperson, made this known in a statement on Tuesday as he explained how the arrests were carried out. He added that the four armed robbery suspects, Abubakar Alkamu (age…
20 Jan
The Kano operatives of the Nigeria Security and Civil Defence Corps have nabbed six motorcycle thieves who attacked and snatched motorcycles from members of the public forcefully. They were arrested in the Gurin Gawa and Bechi areas of Kumbotso Local Government Area of the state. Confirming the arrests of the suspects, the state’s NSCDC spokesperson,…
20 Jan
Operatives of the Nigeria Police have arrested three suspects who have been stealing cars with master keys in Ondo State. The suspects, identified as Temidayo Folajimi, Rotimi Akinsanoye, and Waheed Adekanmbi, who also buy and sell stolen vehicles, specialized in stealing cars from where they were parked. While parading the suspects at the police headquarters…
19 Jan
The Securities and Exchange Commission (SEC) has fixed January 31 as deadline for registration renewal of all Capital Market Operators (CMOs). The commission said in a circular issued to the operators on Sunday in Abuja. It said the annual registration renewal would last between January 1 and 31. The apex capital market regulator said the…
18 Jan
The Ogun State Police Command has set up a crack team to rescue the wife of a former Assistant Inspector General of Police, Hakeem Odumosu from kidnappers. Odumosu was reportedly kidnapped on 16 January 2025. The Ogun State Police Spokesperson, Omolola Odutola, made this known to the press in Abeokuta on Friday. The victim was…
18 Jan
Vice President Kashim Shettima on Friday arrived Maiduguri to offer his condolences to the government and people of Borno, following the killings of some farmers in the state. He was met at the airport by Governor Babagana Zulum of Borno, his deputy, Dr Usman Kadafur, members of the House of Assembly, and other senior government…
1 day ago
The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened four pips to 7.1702 against the dollar on Monday. This is according to the China Foreign Exchange Trade System. In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the central parity rate…
1 day ago
PZ Cussons Nigeria PLC Board of Directors have concluded plans to convert $34.26 million of its outstanding loan into equity.
1 day ago
The Nigerian equities market extended its bullish momentum for the second consecutive week in February, as improved corporate performance across sectors lifted market capitalisation by N1.3 billion.
1 day ago
Despite the NOGICD Act’s mandate to prioritize Nigerian companies for services that can be performed domestically, such as pipeline coating, weak enforcement, political interference, and infrastructural challenges have rendered the law ineffective.
1 day ago
How the Monetary Policy Committee (MPC) responds to the growing call for monetary policy neutrality (or easing in its extreme form) this year, starting this week’s opening meeting, will determine where the past 15-month interest rate takes the economy
1 day ago
The Cloud Network Foundation (CNF) has urged the Federal Government to reconsider the new ATM withdrawal charges recently introduced by the Central Bank of Nigeria (CBN), warning that such policies will further worsen the financial strain on Nigerians.
1 day ago
Financial analysts at Cowry Asset Management Limited have stressed the need for the government to implement strategic policies that will sustain ongoing reforms and stabilise the exchange rate to boost investor confidence, particularly among foreign investors.
1 day ago
Nigeria Customs Service (NCS) has begun full implementation of its Authorised Economic Operator (AEO) programme. This followed a successful ten-month pilot phase, during which the six participating companies recorded a 203.5 per cent increase in trade volume and a 94.1 per cent rise in revenue generation for the service.
1 day ago
The West Africa Container Terminal (WACT)–APM Terminals Nigeria and CMA CGM have commenced direct shipping services from Europe and Asia to Onne Port in Rivers State, aiming to strengthen import and export trade routes in the eastern market.
1 day ago
The National Insurance Commission (NAICOM) has been urged by motorists to extend the same enforcement approach applied to third-party motor insurance implementation to the claims settlement by insurance companies.