Nigeria’s Inflation Rate Rises To 33.88% In October

Nigeria’s headline inflation rate increased to 33.88% in October 2024, up from 32.7% in September 2024, reflecting a 1.18 percentage point month-on-month increase. This was contained in the National Bureau of Statistics (NBS) Consumer Price Index (CPI) report released on Friday. The Bureau attributed the rise in inflation to increased transportation costs and higher food…

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Chinmark Returns Two Years After Disappearing With Billions Of Investors’ Funds

Marksman Ijeomah, the owner of the controversial Chinmark Group, has re-emerged two years after vanishing with billions of naira belonging to numerous investors. The investment company, which became notorious in 2022 for its inability to refund thousands of investors, had remained silent since then. Many Nigerians expressed outrage and demanded their money, but no refunds…

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NJC Sacks Imo Chief Judge, Orders Her To Return Three Years Salaries, Allowances

The National Judicial Council (NJC) has taken decisive action against the Chief Judge of Imo State, the Honourable Justice Theresa Chukwuemeka-Chikeka. At its 107th meeting in Abuja, presided over by the Chief Justice of Nigeria, Honourable Justice Kudirat Kekere-Ekun, the NJC directed the Imo State Governor to retire Justice Chukwuemeka-Chikeka with effect from 2021. The…

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Policemen Reject ₦174m Bribe From Internet Fraudster

Police operatives attached Zone 2 Police Command, Onikan, comprising Lagos and Ogun states, have arrested a suspected internet fraudster who allegedly offered a ₦174 million bribe to avoid prosecution. The suspect, identified as Patrick Akpoguma, is alleged to have been involved in various types of internet-related fraud, including romance scams, identity theft, cyber hacking, cryptocurrency…

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Anambra Media Community Set To Hold Candle Light Tribute For The Late Senator Ifeanyi Ubah

The Anambra Media Community is organizing a candlelight procession and night of tributes to honor the late Senator Dr. Patrick Ifeanyi Ubah tomorrow, Saturday, November 16th, 2024. This event will celebrate Senator Ubah’s remarkable contributions to the Communities in Anambra and Nigeria beyond, his legacy as a great son of Igboland, and the impact he…

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