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  A 27-year-old man, Fatai Sholola, has been arrested for stealing a car belonging to his sister’s husband and selling same at N230,000. Sholola was arrested by some operatives of the So-Safe Corps in Sango, Ado-Odo/Ota Local Government Area of Ogun State. The So-Safe Corps spokesperson, Moruf Yusuf, confirmed the arrest to our correspondent in a statement on Saturday. According to Yusuf, while the officers of the corps in Ado-Odo/Ota Zonal Command were on routine patrol around Sango Plaza on Friday, they had accosted Sholola around 2am “for wearing a suspicious look and not feeling comfortable immediately he sighted the officers”. THE LOUNGE: Man Asks For Divorce To Marry Office - Lover After Getting Educated By Wife 0:00 / 1:01 Yusuf quoted the  State Commander of the So-Safe as saying that, “the patrol team searched the bag he was holding and car documents were found in his possession, but he could not explain why he had the documents with him.” The suspect was said to have...

  The apex bank stated this in a revised regulatory framework to curtail excesses of BDCs and check uncertainty in the foreign exchange market which it published on Friday. According to the CBN, sellers would also be required to comply with all Anti-Money Laundering/Combating the Financing of Terrorism ( AML/CFT) regulations and and foreign exchange laws and regulations. The CBN noted that the guidelines would significantly enhance the regulatory framework for the operations of BDCs as part of ongoing reforms of the Nigerian foreign exchange market. The apex bank also stated that the guidelines revises the permissible activities, licensing requirements, corporate governance and AML/CFT provisions for BDCs. ADVERTISEMENT The guidelines specified that BDCs may source foreign currencies from Tourists, returnees from the diaspora, expatriates with foreign exchange inflows from work, travel, investment or their domiciliary accounts, residents with foreign exchange inflows from work, tra...

The Economic Community of West African States on Saturday lifted economic sanctions on Niger, Mali and Burkina-Faso with immediate effect. This followed hours-long deliberations by the ECOWAS Authority of Heads of State and Government at an extraordinary summit on the political, peace, and security situation in the region at the State House, Abuja. Announcing the Authority’s resolutions, President of the ECOWAS Commission, Dr Omar Touray, said it has suspended the closure of the land and air border to Niger, a no-fly zone of all commercial flights. It has also suspended the freezing of all financial transactions between ECOWAS states and Niger, including transactions relating to the bloc’s central bank and the unfreezing of all of Niger’s assets at EBID. THE ROUND TABLE: HARDSHIP, RETURN OF QUEUES AT FILLING STATIONS, TRADE UNION BACK OUT FROM NLC'S … 0:00 / 0:00 It also lifted the travel ban on members of the military junta and their families. Related News  [JUST IN] Tinubu, ECOWA...

  Yor uba nation agitator, Sunday Adeyemo, popularly known as Igboho, has described as incorrect, the assertion made by some Nigerians that President Bola Tinubu is responsible for the rot in the country. Tinubu, who was sworn in on May 29, 2023, announced the removal of the subsidy during his first address, a decision that increased the cost of petrol and economic inflation. This is against the backdrop that the Buhari-led government did not make provisions for petroleum subsidies in the 2023 budget. Speaking during a visit to the palace of the monarch of Igboho town in Oyo State on Friday, Adeyemo said, “Some people believe it is Tinubu that spoils the country; it is not Tinubu. When Buhari was in government, I was shouting for us (Yoruba) to be united and free ourselves from slavery, saying that Buhari did not have anything to offer us. THE LOUNGE: WOULD YOU SLEEP WITH YOUR FATHER-IN-LAW AS A FAMILY TRADITION BEFORE MARRIAGE 0.00 / 0.00 “Let’s free ourselves and divide Nigeria. ...