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Economy National

Cash withdrawals from govt accounts to end March 1 – NFIU

By Our Correspondent Moddibo Tukur, CEO of the Nigerian Financial Intelligence Unit (NFIU) has banned cash withdrawals for all federal and states accounts, effective March 1. Tukur told newsmen, on Thursday, in Abuja that it was necessary to impose the ban to curb the rate at which monies are withdrawn from public accounts.   According […]

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Law / Crime Security

Criminal Justice: IG standardises Police investigation process

The Inspector-General of Police (IG), Usman Alkali Baba, has ordered streamlining of all police investigative processes to prevent duplication of investigation. The order is contained in a statement issued by CSP Olumuyiwa  Adejobi, Force PPRO, e-mailed to The NewsZenith on Friday. The Police authorities discovered that investigations are duplicated via indiscriminate petitions and transfer of […]

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Foreign News TeleCom

Hackers attack Twitter, exposing data of 200m users

Over 200 million Twitter users’ names, e-mail addresses, screen names, number of followers and phone numbers have reportedly been stolen in a massive hack attack, with the data dump now posted on the dark web. The data breach, which took place as early as 2021, “will lead to more hacking, targeted phishing and doxxing,” according […]

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Economy National

DMO says alarm over national debt unnecessary

The Debt Management Office (DMO) says the alarm created around the country’s projected public debt by a segment of the media was unnecessary. The Director-General, Mrs Patience Oniha, said this in a statement on Thursday in Abuja. Oniha was reacting to reports by a segment of the media that next government would inherit N77 trillion […]

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General Transportation

Air Peace incident: NAHCO begins investigation, suspends personnel

The Nigerian Aviation Handling Company (NAHCO) Plc launch investigation into circumstances surrounding its equipment that damaged an Air Peace Airbus A320 Aircraft at Murtala Muhammed Airport on Wednesday. The company’s Group Executive Director, Business and Corporate Services, Dr Sola Obabori, announced this in a statement in Lagos on Thursday. The incident led to the disruption […]

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Foreign News

Morocco rescues 270 Spain-bound migrants in Mediterranean, Atlantic

The Moroccan navy rescued 270 Spain-bound migrants in the Mediterranean and the Atlantic from Dec. 24, 2022 to Jan. 4, the official news agency, MAP reported on Thursday. The migrants were from sub-Saharan Africa, Yemen and Syria, the agency quoted a military source as saying. They have attempted dangerous crossings and encountered problems while boarding […]

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Economy National

Customs arrests 176 suspects, losses 4 officers in 2022

The Federal Operations Unit, Zone A of the Nigeria Customs Service (NCS), on Thursday, said it lost four men to smugglers in 2022 and arrested 176 suspected smugglers. The Acting Controller of the unit, Deputy Comptroller Hussein Ejibunu,  announced this at a news conference in Lagos. In the year under review, Ejibunu said the unit […]

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Education Tertiary Education

Varsity moves to reposition for global competitiveness

The authorities of the Kaduna State University (KASU) has began a three-day retreat to reposition the institution for global competitiveness. The Vice-Chancellor, Prof. Abdullahi Musa, disclosed this at the opening of a retreat, on Tuesday, in Kaduna. Musa said that the goal was to enable the university to solve societal challenges through research. “A Teaching […]

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Foreign News

IOM rescues 1,088 migrants off Libyan coast

The International Organisation for Migration (IOM) says it rescues 1,088 migrants and returned them to Libya in the past week. “In the period between Dec. 25  and Dec. 31, 2022, 1,088 migrants were intercepted and returned to Libya,” the IOM said in a statement. The rescued migrants included 312 women and 776 children, it added. […]

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Foreign News

FDI in S/Korea hits record high in 2022

Foreign direct investment (FDI) in South Korea hit a record high last year. This is due to surging investment in the manufacturing industry, government data showed on Tuesday. The reported FDI grew 3.2 per cent over the year to 30.45 billion U.S. dollars in 2022, topping 30 billion dollars for the first time, according to […]

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