Day: March 29, 2024

74 Internet Fraudsters Arrested In Ogun State EFCC Reports

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Officials of the Economic and Financial Crimes Commission (EFCC), on Thursday, March 28, 2024, said it has arrested 74 suspected internet fraudsters in Ogun State. The suspected internet fraudsters were arrested at the Government Residential Area (GRA) in Shagamu, Ogun State. The EFCC, in a statement issued by its spokesperson, Dele Oyewale, on Thursday, said the arrest followed surveillance and intelligence exposing the suspects’ internet-related offences. Oyewale listed items recovered from the suspects to include seven exotic cars, three laptops, 124 mobile phones, one PlayStation 3 game, two motorcycles, and…

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CBN Increases Capital Base Policy For Deposit Money Banks In Nigeria

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…It Is Now N500billion, N200billion, N50billion, etc The Central Bank of Nigeria (CBN) has announced new guidelines on its recapitalisation policy for Deposit Money Banks (DMBs) in the country. The apex bank said the move is for improved productivity of banks in the country. The new guidelines were disclosed in a statement signed by its Acting Director, Corporate Communications, Sidi Ali, in Abuja on Thursday. She said the apex bank had directed commercial banks with international authorisation to increase their capital base to N500billion and national banks to N200billion. According…

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Pro-Biafra Agitation, Insurgency Cause Insecurity In Southeast, Says RULAAC

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A Lagos-based nonpartisan group in Nigeria, the Rule of Law and Accountability Advocacy Centre, (RULAAC) has   unveiled a report entitled, “The Roots of Insecurity: Healing the Wounds of Human Rights Violations in Southeast Nigeria: A path Towards Peace, Open Democratic Space and a Prosperous Future”. NewsBits was informed that the report was an attempt to document and project the correct account of the roots, drivers, actors, patterns, dimensions, and effects of insecurity in the Southeast Zone of Nigeria. The report, which followed  various stakeholders convening and brainstorming on insecurity in…

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Nigerian Woman Faces Jail After Reviewing Tomato Puree Online

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By NewsBits A Nigerian woman who wrote an online review of a can of tomato puree is facing imprisonment after its manufacturer accused her of making a “malicious allegation” that damaged its business. Chioma Okoli, a 39-year-old entrepreneur from Lagos, is being prosecuted and sued in civil court for allegedly breaching the country’s cybercrime laws, in a case that has gripped the West African nation and sparked protests by locals who believe she is being persecuted for exercising her right to free speech. Okoli, a small-scale importer of children’s wear,…

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Two Sent To Jail, Four In Police Net For Vandalizing EEDC Property

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By Tony Adibe A Federal High Court sitting in Awka, the capital of Anambra State has sentenced the duo of Chinonso Chinaemelu, 27-year-old and Okoye Chisom Christian, 20-year-old to one year imprisonment respectively for vandalizing a distribution substation belonging to the Enugu Electricity Distribution Company PLC (EEDC). Their conviction was made known to newsmen by the Head, Corporate Communications, EEDC, Mr. Emeka Ezeh in a statement on Thursday. They were arrested on the 29th of November 2023 by Abatete local vigilante group while attempting to vandalize the distribution substation within…

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Russia-Ukraine War: Why I Will Not Attack Nato Countries – Putin

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By NewsBits Russia has no designs on any Nato country and will not attack Poland, the Baltic states or the Czech Republic but if the west supplies F-16 fighters to Ukraine then they will be shot down by Russian forces, president Vladimir Putin said late on Wednesday, reports news agency Reuters. Speaking to Russian air force pilots, Putin said the US-led military alliance had expanded eastwards towards Russia since the 1991 fall of the Soviet Union but that Moscow had no plans to attack a Nato State. “We have no…

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Man Stabs Four To Death In United States Of America

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By NewsBits Four people, including a teenage girl, were killed and at least five injured after a man went on a stabbing spree at multiple addresses in the US state of Illinois, police have said. The stabbings took place on Wednesday afternoon, Rockford City Police said in a statement, adding that a 22-year-old suspect was taken into custody. The statement did not say anything about a possible motive. Rockford is located about 90 miles northwest of Chicago. Those killed included a 15-year-old girl, a 63-year-old woman, and two men aged…

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Gunmen Bomb Anambra Police Station

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By NewsBits Gunmen have bombed the Police Divisional Headquarters, in Anaocha Local Government Area of Anambra State, South-east Nigeria. According to Premium Times the hoodlums invaded the police facility in the early hours of Thursday and threw explosive devices into the facility. One of the residents, who asked not to be named, said the hoodlums wanted to free some inmates in the facility. He could not, however, say if any inmate was eventually freed by the hoodlums during the attack. When contacted on Thursday morning, the police spokesperson in Anambra…

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