Archive for month: November, 2024

A 33-year-old Nigerian man, Babatunde Francis Ayeni, has been sentenced to 10 years in a U.S. federal prison for his involvement in a large-scale cyber fraud conspiracy. The scheme, which targeted over 400 individuals across the United States, resulted in a collective loss of nearly $20 million. The U.S....

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Patrick Akpoguma, a 28-year-old suspected internet fraudster, offered a $100,000 (approximately ₦174 million) bribe to the Zone 2 Police Command in Lagos in an attempt to secure his release. The suspect is accused of multiple cyber crimes, including romance scams, identity theft, hacking, cryptocurrency fraud, rit+alism, and cultism. While...

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The Central Bank of Nigeria (CBN) has instructed banks to primarily distribute cash through Automated Teller Machines (ATMs). In a circular to banks on Friday, Solaja Olayemi, the acting director of the CBN’s currency operations department, cautioned banks against handing naira notes to individuals involved in the illegal sale...

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23-year-old Godwin Emmanuel has confessed to st3aling a police officer’s phone from a patrol van while being transported to the Osun State Police Command. He was arrested alongside two others, 28-year-old Olajide Kareem and 33-year-old Mike Emmanuel, for allegedly r%bbing residents along the Ilesa-Osu Expressway in Osun State. Speaking...

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Nigeria’s inflation rate climbed for the second straight month in October, hitting 33.88%—an increase from 32.70% recorded in September 2024. This is according to the National Bureau of Statistics (NBS) Consumer Price Index (CPI) report released on Friday, November 15, in Abuja. The data bureau said the headline inflation...

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Silvan Wallner, a 22-year-old Swiss midfielder, has announced his retirement from professional football, stating that his decision is driven by his wish to follow Jesus Christ. The defender, who started his career in 2020 with FC Zurich, has accumulated over 100 appearances, playing for two other clubs, Wil and...

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Police operatives in Ogun State have arrested a 28-year-old man, Samuel Ani, for allegedly d3filing and impr3gnating a 14-year-old girl in Sagamu area of the state. The suspect was arrested after the girl’s father filed a complaint at the police station on Wednesday, November 13. The command’s spokesperson, Omolola...

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Ibrahim Yau, the Deputy Comptroller of Corrections of the custodial facility in Suleja, Niger State, has said managing custodial facilities in Nigeria has become more difficult due to the economic challenges in the country. Yau made this statement recently during a visit by officials of the Legal Aid Council...

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The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor E.A. Adeboye, has stated that, without divine intervention, the exchange rate could have reached ₦10,000 for $1. Speaking at the Special Holy Ghost Congress in Abuja, he attributed Nigeria’s financial struggles to its reliance on fuel imports...

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The Federal Executive Council (FEC) has approved the creation of a N250 billion real estate investment fund, which aims to tackle Nigeria’s housing deficit and provide long-term, affordable mortgage financing for Nigerians. Finance Minister Wale Edun disclosed this to State House correspondents on Thursday after the FEC meeting, which...

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