News
YEN WEAKENS PAST 160 AGAINST THE DOLLAR, REIGNITING INTERVENTION SPECULATION
The Japanese yen hit a near-38 year low against the U.S. dollar late Wednesday, raising expectations that authorities could intervene in currency markets again. The yen weakened to 160.82 against the greenback according to FactSet data, breaching the previous record of 160.03 on April 29 and reaching its weakest level since 1986. The last time the yen crossed the…
IT’S AN OFFENCE TO RELEASE SKIT, MUSIC VIDEO WITHOUT NFVCB CLASSIFICATION – FEDERAL GOVERNMNET
The federal government says releasing skits, films, or music videos without the National Films and Videos Censors Board (NFVCB) classification is an offence. Movie classification attaches age rating and content advice to films and other audiovisual content. It helps children and families choose what is right for them and avoid what is not. In May,…
EL-RUFAI SUES KADUNA ASSEMBLY OVER ₦432BN PROBE REPORT
Former Kaduna State Governor, Nasir El-Rufai, has sued the Kaduna State House of Assembly over the latter’s claim that his eight-year administration allegedly siphoned ₦432bn leaving the state with huge debt liabilities. El-Rufai filed a fundamenatal rights suit at Federal High Court in Kaduna against state House of Assembly on Wednesday. The suit, filed by…
ARKANSAS SUPREME COURT REINSTATES RULE ELIMINATING ‘X’ OPTION FOR SEX ON STATE IDS
The Arkansas Supreme Court on Monday reinstated an agency rule prohibiting residents from using “X” instead of male or female on state-issued driver’s licenses or identification cards. In a one-page order, justices stayed a lower-court ruling that had blocked the new rule that also made it more difficult for transgender people to change the sex listed on…
U.S. SURGEON GENERAL DECLARES FIREARM VIOLENCE A PUBLIC HEALTH CRISIS IN LANDMARK ANNOUNCEMENT
In a landmark announcement, the U.S. surgeon general declared firearm violence a public health crisis in the nation Tuesday. Dr. Vivek Murthy warned in the advisory that gun violence poses a “serious threat to the health and well-being of our country,” that has not just a serious physical toll, but mental as well. It marks…
SUSPECT IN KILLING OF HIS MOTHER AND TWO OTHER WOMEN IN FLORIDA SHOT AND KILLED BY POLICE
A suspect in a triple homicide case in Florida was shot and killed after engaging in shootout with officers as he was traveling to Georgia, where police believe he intended to kill someone else. Javontee Brice, 28, was identified by witnesses in the shooting of two women Monday night, according to the Bradenton Police Department….
NELFUND POSTPONES LOAN ISSUANCE TO STUDENTS OF STATE-OWNED INSTITUTIONS
The Nigerian Education Loan Fund (NELFUND) has announced a 14-day postponement of the application process for student loans for state-owned institutions. In a statement on Tuesday, Nasir Ayitogo, the media spokesperson of the fund, said the decision was made due to low data submission. President Bola Tinubu enacted an initial version of the student loan…
COURT STRIKES OUT NAIRA ABUSE CHARGE AGAINST CUBANA CHIEF PRIEST
Kehinde Ogundare, the judge of the federal high court sitting in Lagos, has struck out the naira abuse charge against Cubana Chief Priest. On April 16, the Economic and Financial Crimes Commission (EFCC) filed a three-count charge against the socialite over alleged abuse of the naira. Cubana Chief Priest was alleged to have sprayed and tampered with naira…
BOKO HARAM TERRORISTS ABDUCT HIGH COURT JUSTICE MSHELIA, WIFE, 2 OTHERS IN BORNO
A High Court Judge, Justice Haruna Mshelia, his wife, driver and orderly were abducted by the Boko Haram terroriste along Biu to Maiduguri road on Monday, June 24, 2024. Justice Mshelia was traveling in his vehicle, accompanied by his driver, a security escort and his wife. As they approached a curve in the road between…
MISSING OGUN STATE PREGNANT WOMAN FAKED ABDUCTION, FOUND IN KWARA STATE – NPF
The Ogun State Police Command, on Monday, said a pregnant woman, Rahemat Lateef, who claimed to have been abducted by some unknown gunmen while going to the state hospital at Ijaiye, Abeokuta for child delivery, is a case of fake kidnap. The spokesperson for the state police command, SP Omolola Odutola, disclosed this on her…