In a dramatic turn of events, the Special Offences Court in Ikeja, Lagos, has convicted Sigma Golf Nigeria Limited, a company linked to Ahmed Kuru, former Managing Director of the Asset Management Corporation of Nigeria (AMCON), over a staggering ₦20 billion fraud case. The ruling, delivered by Justice R.A. Oshodi, marks a significant step inContinueContinue reading “N20 Billion Fraud Scandal: Ex-AMCON MD’s Associate Convicted as Court Orders Asset Forfeiture”
Category Archives: FEATURE
Nigerian Customs Bows to Pressure, Suspends Controversial 4% FOB Levy on Imports
In a significant policy reversal, the Nigerian Customs Service (NCS) has officially suspended the implementation of the contentious 4% Free-on-Board (FOB) levy on imports. The announcement was made via the official X handle of Nigerian Stories, sending waves of relief across the business and trade sectors.The levy, which had sparked widespread criticism from importers, businessContinueContinue reading “Nigerian Customs Bows to Pressure, Suspends Controversial 4% FOB Levy on Imports”
Fury in Court: Nnamdi Kanu Declares Justice Binta Nyako Recused, Blasts Judiciary Over Bias
In a fiery courtroom drama, Nnamdi Kanu, the detained leader of the Indigenous People of Biafra (IPOB), launched a scathing attack on Justice Binta Nyako of the Federal High Court, Abuja, accusing her of bias and insisting she had been legally recused from presiding over his trial.Kanu, visibly enraged, condemned the judge’s decision to continueContinueContinue reading “Fury in Court: Nnamdi Kanu Declares Justice Binta Nyako Recused, Blasts Judiciary Over Bias”
Kebbi State to Sponsor Grand Mass Wedding for 300 Couples, Offers ₦180,000 Dowry Per Bride
In a bold social intervention move, the Kebbi State Government has announced plans to sponsor a mass wedding ceremony for 300 couples across the state, offering ₦180,000 as bride price for each bride. The event, scheduled for February 27, is aimed at alleviating financial burdens for underprivileged couples and fostering family stability.The initiative, organized inContinueContinue reading “Kebbi State to Sponsor Grand Mass Wedding for 300 Couples, Offers ₦180,000 Dowry Per Bride”
IGP’s Wife at the Center of Controversy as Police Personnel Face Mandatory N3 Billion POWA Levy
In a move that has sparked outrage among officers, the Nigeria Police Force has mandated its personnel to contribute to what it calls the “2025 Police Officers’ Wives Association (POWA) due,” a compulsory levy that could rake in over N3 billion nationwide.The Police Officers’ Wives Association (POWA) is currently led by Elizabeth Egbetokun, wife ofContinueContinue reading “IGP’s Wife at the Center of Controversy as Police Personnel Face Mandatory N3 Billion POWA Levy”
Nigeria’s Housing Crisis Deepens as Pension Funds Slash Real Estate Investments by 91.6%
A Looming Crisis in the Real Estate Sector The already dire housing situation in Nigeria is facing a new and devastating setback. The N21 trillion housing deficit is now under fresh threat as Pension Fund Administrators (PFAs) have drastically cut their investments in the real estate sector by a staggering 91.6% over the past fiveContinueContinue reading “Nigeria’s Housing Crisis Deepens as Pension Funds Slash Real Estate Investments by 91.6%”
Atiku Warns Tinubu’s Government: ‘No Snake, Monkey, or Gorilla Must Swallow $1.07bn Health Fund’
Former Vice President Atiku Abubakar has issued a strong warning to the Federal Government, urging President Bola Tinubu’s administration to ensure total transparency in the allocation and expenditure of the $1.07 billion earmarked for the healthcare sector in the 2025 budget.Taking to his official X handle, Atiku emphasized that Nigerians must not witness another roundContinueContinue reading “Atiku Warns Tinubu’s Government: ‘No Snake, Monkey, or Gorilla Must Swallow $1.07bn Health Fund’”
Outrage in Lagos: Residents, Soldiers Demand Ban on Deadly Billboard After Past Collapse Injures Child, Destroys Property
Tension is mounting in Surulere, Lagos, as residents and soldiers stationed at Abalti Barracks in Ojuelegba vehemently oppose the reinstallation of a massive advertising billboard that has collapsed twice in recent years—leaving destruction in its wake, severely injuring a child, and damaging property.The controversial billboard, owned by a company identified as Radius Resources, has beenContinueContinue reading “Outrage in Lagos: Residents, Soldiers Demand Ban on Deadly Billboard After Past Collapse Injures Child, Destroys Property”
Lekki Imam to Muslims: Reject Candidates Who Oppose Sharia Courts
Vanguard Newspaper has reported that the Chief Imam of Lekki Central Mosque, Sheikh Ridwan Jamiu, has urged Muslims to vote against any governorship candidate unwilling to establish Sharia courts in their states.Taking to its official X handle, the media outlet shared the Imam’s call, which was made during his Jumaat sermon last Friday. Dr. JamiuContinueContinue reading “Lekki Imam to Muslims: Reject Candidates Who Oppose Sharia Courts”
Monkey Mayhem: Sri Lanka Plunged into Nationwide Blackout After Primate’s Shocking Intrusion
In a bizarre and unexpected turn of events, Sri Lanka was thrown into a nationwide blackout on Sunday after a rogue monkey infiltrated an electrical substation and disrupted the power grid, government officials confirmed.Vanguard Newspaper, in a post on its official X handle, reported that the island-wide outage began around 11:30 a.m. (0600 GMT) andContinueContinue reading “Monkey Mayhem: Sri Lanka Plunged into Nationwide Blackout After Primate’s Shocking Intrusion”
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