A 23-year-old lady, identified as Amanda Uchechi Ugo has reportedly killed a policeman attached to the Imo State Police Command, Cosmas Ugwu. It was gathered that Ugwu was shot dead on Tuesday by his lover, a native of Ahiazu Mbaise Local Government Area of the State. However, a source who spoke with PUNCH, disclosed that the incident occurred around 6:30 pm on Boxing Day at the Ezinihitte Area Command. The source said: “When police officers ran into the room to see what was going on, they found Corporal Ugwu lying in a pool of his blood. “The girl shot him three times in his chest and his left hand. He was rushed immediately to Evergreen Hospital in Ezinihitte, where he was pronounced dead by the doctor on duty.” “Nobody actually knows what went wrong between the two, but how the girl was able to use a police rifle successfully is still a surprise to many. Maybe, Ugwu was the one who taught her.” Confirming the horrible event on Wednesday, the Police Public Relations Officer in Imo St...

Ondo State Governor: Akeredolu The Ondo State Governor, Rotimi Akeredolu, is dead. A family source told SaharaReporters on Wednesday that Akeredolu died in Lagos. WEXERES learnt that he was managed by State House doctors up to his death because they could not fly him abroad. “Akeredolu is dead; he died in Lagos,” the source said. “They were looking for dialysis machines to be sent to his secret location in Lagos last week.” He was 67 years old.  The ailing governor returned to Nigeria in September following a three-month medical leave in Germany and only recently proceeded on another one after he was directed by President Bola Tinubu to hand over power to his deputy, Lucky Aiyedatiwa. His deputy, Aiyedatiwa has been standing in as Acting Governor. Following his return to Nigeria in September, Akeredolu stayed in Ibadan, the Oyo State capital and tried to govern his state from there, leading to public outrage.  On July 9, Akeredolu’s wife, Betty announced the suspension of acti...

I n a significant development for the cryptocurrency industry, the Central Bank of Nigeria (CBN) has recently announced the lifting of its ban on cryptocurrency transactions in banks. This decision marks a crucial turning point, indicating a more open and progressive approach by the Nigerian regulatory authorities towards digital assets. The revocation of the ban recognizes the growing global acceptance of cryptocurrencies and the potential benefits they hold for financial inclusion, innovation, and economic growth. Back in February 2021, the CBN issued a circular that prohibited financial institutions from facilitating cryptocurrency transactions. The directive sparked widespread debate and concern among crypto enthusiasts, blockchain startups, and investors, who saw it as a setback to the development of the nascent industry in Nigeria. The ban resulted in a decline in cryptocurrency trading volumes and limited access to traditional banking services for individuals and businesses invo...

Arigbabu  Olatokunbo A former employee of the Nigerian National Petroleum Corporation Limited, Olatokunbo Arigbabu, in this interview with Dayo Oyewo, explains how he was allegedly unjustly dismissed and his entitlements withheld for exposing a contract deal that saved the company over N25bn When did you join NNPC? I was recruited from London, Great Britain by the Federal Civil Service Commission and seconded to the Ministry of Petroleum Resources in 1977. How did this whole issue start? It was at the end of 1992, to early 1993, in my capacity as Chief Engineer, my employer (then), the  Nigerian National Petroleum Corporation sent me on an assignment involving the Mobil-NNPC Joint Venture in Princeton, New Jersey, USA. The team included 10 expatriate management our assignment was to verify and confirm the representations made by different consortiums that submitted bids for the EPC contract of the Quo-Ibow (QIT) Terminal (Upgrade) Expansion. Three consortia eventually emerged,...