Sunday, October 11, 2026

PRESS RELEASE

June 7, 2024

Tinubu’s Inflation: UNICEF says 11 million under-five Nigerian children battling ‘severe food poverty’

Children experiencing this level of food poverty are up to 50 per cent more likely to suffer from life-threatening malnutrition.

HUNGRY CHILDREN; TINUBU SLEEPING
June 7, 2024

Nigerian international fugitive captured by FBI, jailed 51 months in U.S. for wire fraud, money laundering

Nlemchi escaped from his monitoring system and fled to Mexico, then to Brazil, then back to his home in Nigeria. Nlemchi was an international fugitive for more than five years.

Uchenna Nlemchi and FBI agents
June 6, 2024

Scammers defrauded Massachusetts workers union, funds transferred to bank accounts in Nigeria, others: U.S. Secret Service

Some funds were transferred, or attempted to be transferred, to a cryptocurrency exchange or to various bank accounts located in Hong Kong, China, Singapore, and Nigeria. 

Business Email Compromise
June 6, 2024

Ponzi Scheme: Forcount, Weltsys senior promoter convicted of wire fraud conspiracy

As complaints mounted, Forcount began offering proprietary crypto-tokens for sale as a means of injecting liquidity into the scheme. 

Forcount; Weltsys
June 5, 2024

Tinubu committed to minimum wage above N60,000; no plan to reverse electricity tariff hike: NLC, TUC

The electricity tariff hike and discriminatory band classification remain unacceptable and must be addressed alongside the wage increase.

NLC president Joe Ajaero, President Bola Tinubu and TUC president Festus Osifo
June 4, 2024

Market failures prevent one billion Nigerians, others from having eyeglasses, hearing aids, prostheses: Report

New report analyses markets for eyeglasses, hearing aids, prostheses, wheelchairs, and digital technology, outlining solutions to improve cost and availability.

PROSTHESES AND WHEELCHAIRS
June 4, 2024

Promotion Interviews: Nigerian police officers complain of extortion, IGP warns corrupt cops

Such behavior undermines the core values of our institution and will not be tolerated.

IGP and assembled cops
June 4, 2024

NLC, TUC reach consensus with Tinubu’s government over strike conditions

No worker would be victimized as a result of the industrial action.

Tinubu and Ajaero
June 3, 2024

Tinubu’s government begs labour unions to stop strike, return to negotiation table

As Government, we are desirous of a peaceful outcome, and we will do everything to make this happen.

NLC president Joe Ajaero, President Bola Tinubu and TUC president Festus Osifo
June 3, 2024

CBN revokes licence of Heritage Bank, NDIC to take over

The action we are taking today reflects our continued commitment to take all necessaryeps to ensure the safety and soundness of our financial system.

CBN and Heritage Bank