Wednesday , 22 January 2025

Author Archives: NewsThumb Magz

Alleged N500m Disbursement: “There are many moles possibly doing the bid of the opposition.” Says, Onanuga

Following recent leakage of some secret memos at the Presidency, The allocated funds were intended for the inauguration of a 37-member Tripartite Committee responsible for discussing the New National Minimum Wage. The Presidency has since requested an investigation into the civil service framework in order to eliminate individuals it refers to as “moles” who are loyal to the main opposition, ... Read More »

Update : Alleged Stealing : EFCC declares Emefiele’s wife, three others wanted

The Economic and Financial Crimes Commission (EFCC) yesterday declared Margaret Dumbiri Emefiele, wife of embattled former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele wanted. Also declared wanted by the anti-graft agency were Eric Ocheme Odoh (m), Jonathan Omoile (m) and Anita Joy Omoile (f) for alleged for allegedly conniving with the immediate past CBN governor to convert ... Read More »

“Ways and Means advances of N10trn for FG development finance funds will no longer be granted.”, Says CBN Boss

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso on Friday, February 9, said the apex bank will no longer grant Ways and Means Advances to the federal government unless the outstanding balance is settled. The apex bank also said it has halted “quasi-fiscal measures” of over N10 trillion it pays under the guise of development finance interventions. ... Read More »

Update : Nigerian Army apprehends female kidnapper, Janet Igohia, for attempting to pick up ransom in Taraba

Troops of 93 Battalion, 6 Brigade of the Nigerian Army, Jalingo, Taraba State, have apprehended a suspected female while trying to pick ransom for a kidnapped victim in Taraba. In a statement issued by Acting Assistant Director, 6 Brigade Army Public Relations, Lt. Olubodunde Oni, the female kidnapper named Janet Igohia was arrested after picking up N1.5 million. Oni said ... Read More »

Tinubu Encourages Nigerians to Uphold a Positive, Faithful, Loyal, and Honest Outlook on the Country

…Don’t harbor negative thoughts about your country- president President Tinubu encouraged Nigerians to maintain a positive outlook on the country, underlining that optimism leads to success. The President said this in his speech during the launch of the 3,112 housing units in FCT, Abuja. He said: “Don’t think of your country negatively, before I left home this morning, I asked ... Read More »

Breaking : EFCC’s Crackdown Target’s individuals and companies involved in Dollar speculation, hoarding, racketeering, and issuing foreign currency invoices

….Agency arrests suspects in Lagos, PH, Kaduna The Economic and Financial Crimes Commission (EFCC) yesterday joined the battle to halt further depreciation of the naira against the dollar. The anti-graft agency said it had raised 14 special task forces to fish out culprits. The anti-graft agency, which announced the arrest of many racketeers in Lagos, Port Harcourt and Kaduna, said ... Read More »

N10m fraud : Court grants Lanre Smith N30m bail for defaulting his Old team mates of Island Football Club

A Federal High Court sitting in Lagos on Tuesday granted N30m bail to a businessman, Lanre Smith, accused of N10m fraud. Justice Ibrahim Kala granted the bail following a motion filed and argued by the defendant’s lawyer, Akin Apara. Apara who pleaded with the court to admit the defendant to bail on liberal terms stated that Smith was still presumed ... Read More »

ATIKU ABUBAKAR AND HIS NEW HOBBY, SAYS ONANUGA

Alhaji Atiku Abubakar has certainly found a new hobby to keep himself busy, having failed to achieve his lifelong ambition of becoming the President of the Federal Republic of Nigeria. He is increasingly carving for himself the role of opposition-in-chief to President Bola Ahmed Tinubu and his government. However, we notice that the former Vice-President, just like in his political ... Read More »

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