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January, 2023

  • 4 January

    EFCC secures 3,785 convictions in 2022

    The Economic and Financial Crimes Commission has said that it secured a total of3,785 convictions across all its Commands in 2022.  According to a statement by EFCC Spokesman Wilson Uwujaren, the figure, which emerged from a review of the commission’s performance in the outgone year, shows a 70.5% improvement over its record …

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  • 4 January

    Keep Up The Fight Against Crime In FCT, Minister Tells Police

     The Minister of the Federal Capital Territory, Malam Muhammad Musa Bello has charged the new Assistant Inspector General (AIG) of Police in charge of Zone 7 Headquarters Abuja, Kayode Egbetokun to keep up the momentum in the fight against crime and criminality in the nation’s capital. The Minister made this charge …

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  • 4 January

    FG Budgets N3.36trn For Payment Of Petrol Subsidy

    Temitayo Okereji The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, disclosed this during the public presentation of the 2023 Federal Government budget. The N21trn 2023 budget was signed into law by President Muhammadu Buhari on Tuesday after it’s passage by the National Assembly last week. The Finance …

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  • 4 January

    FG Generated N6.50trn Revenue In 11 Months, Says Finance Minister

    Temitayo Okereji The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has disclosed that the Federal Government generated N6.50trn between January and November 2022. She said this on Wednesday during the public presentation of the 2023 National Budget. Buhari had signed the 2023 budget into law on Tuesday …

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  • 4 January

    SEC Expresses Worry Over Proliferation Of Illegal Operators

    The Securities and Exchange Commission has stated that the persisted proliferation of operators running illegal investment schemes in the country continues to be a major critical concern to the capital market. The Director General of the SEC Mr. Lamido Yuguda who stated this in a New Year Message in Abuja, …

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  • 4 January

    LCCI predicts CBN may hike MPR to 17% this month

    The Lagos Chamber of Commerce and Industry (LCCI) has tipped sectors like manufacturing, agriculture, transport, telecommunications and trade as major drivers of economic growth, anticipating that they would deliver a Gross Domestic Product (GDP) growth rate above three per cent in 2023, higher than the less than average two per …

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  • 4 January

    New COVID-19 variants not in Nigeria – NCDC

    The Nigeria Centre for Disease Control and Prevention has said that the COVID-19 Omicron sub-lineages partly responsible for the current increase in COVID-19 cases in China, the United States, and the United Kingdom have not yet been detected in the country. The NCDC disclosed this on Wednesday in an update …

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  • 3 January

    Police IG Stops Indiscriminate Transfer Of Corruption Cases

    The Inspector General of Police (IGP) has streamlined the investigation processes in the Police Force with a view to checking duplication through indiscriminate transfers of cases. The IGP said the departmental system of investigating cases has led to the duplication of the process which has been found to “frustrate the …

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  • 3 January

    No One Has Right To Lord Over Others –Tinubu

    The presidential candidate of the ruling All Progressives Congress, Asiwaju Bola Tinubu, has urged Nigerians to live together, adding that no one has the right to lord over others. The former governor of Lagos State also urged Nigerians, regardless of political affiliation, to join hands against violence, hunger, ignorance and …

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  • 3 January

    Oil Prices Fall On First Trading Day Of 2023

    Oil prices fell on the first trading of the year on demand concerns as the International Monetary Fund’s boss Kristalina Georgieva, warned a third of the world’s economies may slide into a recession in 2023. Brent, the benchmark for two thirds of the world’s oil, fell 0.61 per cent to …

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