Armani Express

Southern Muslims to pay N4.9m for 2024 hajj The National Hajj Commission of Nigeria has fixed the final fare prices for the 2024 Hajj pilgrimage exercise. The commission had earlier in October, pegged the initial fare deposit at N4.5m, noting that the fixed amount was “in tandem with the dollar rate that will determine the final cost of the coming Hajj”, and that the amount would give the commission a more realistic figure in bargaining for the cost of accommodation, airline fares, feeding, and other necessities. However, in a statement signed by NAHCON’s Assistant Director of Public Affairs, Fatima Usara, on Saturday, the Commission said it had made efforts to maintain the fares at N4.5m, but had to make adjustments because of “the recent instability in the dollar exchange rate.” Usara added that while the Chairman of the commission, Jalal Arabi, had negotiated prices with service providers in Saudi Arabia, the currency situation in the past week necessitated the adjustments, st...

EFCC Recovers N70 Billion In 100 Days - Politics - Nairaland

EFCC Recovers N70 Billion In 100 Days - Politics - Nairaland EFCC Recovers N70 Billion In 100 Days by Estello: 7:31am The EFCC has recovered a total of N70bn within 100 days, between October 2023 and January 19, 2024. Details of the recovery outlined in an EFCC document titled, ‘Operations and Recoveries’. The document revealed that between October 2023 and January 19, 2024, the EFCC recovered N60,969,047,634.25, $10,522,778.57, £150,002.10, €4,119.90, making a total of N70,556,658,370.5 recovered by the anti-graft commission within the period. Within the same period, the EFCC received a total of 3,325 petitions, accepted 2,657 of the petitions, and secured the convictions of 747 persons for financial crime offences ranging from money laundering to internet fraud. A breakdown of the data shows that the EFCC headquarters alone recovered N49,607,391,330.44, $3,900,200.75, £2000, and £110. The Maiduguri Zonal Command recovered N58,065,870 and $3,370. Gombe Command recovered N127,323,...

Japa: ‘many Nigerians In Forced Prostitution In Belgium’ - Crime - Nairaland

Japa: ‘many Nigerians In Forced Prostitution In Belgium’ - Crime - Nairaland The Belgian government has said Nigerians have the highest number of people in forced prostitution in the European country. Addressing a press conference in Abuja on Friday, Mr Freddy Roosemont, the Director-General of the Belgian Office for Foreigners, said most Nigerians were deceived into the country with the promise of job placements. He said most of them are however being forced into prostitution by traffickers once they arrived in the country. “The dream is not real, it’s not easy to survive in Europe without a decent job. The dream is fake. “Belgium is not land of milk and honey, nor is Europe. This was not the case before, but is even less so now, in a world with many crisis hotspots with severe economic consequences”, Roosemont said. He lamented that more Nigerians were currently seeking asylum in Belgium, adding that it makes little sense. “Asylum is determined on the basis of the Geneva Conven...

Most Of The Kidnappings You Read Online Are Staged And Fake - Police PRO - Politics - Nairaland

Most Of The Kidnappings You Read Online Are Staged And Fake - Police PRO - Politics Nairaland A worried social media user, Samuel N had queried why the Police always gave excuses after abductions have taken place... Excuses! Excuses!! Excuses!!! Kidnapping in lagos...."oh no, its because of the water ways that leads to Portharcourt and Bayelsa" Okay Sir, what of the ones in Ekiti, "oh...forget that one, it's because of the forest in Ekiti"... Me: I'm tired😂. I give up!! The Force PRO, Olumuyiwa Adejobi replied him: You don't need to give up. That is the reality. Most of the kidnapping cases we read online are not real. They are either staged and faked. We analyse security situations based on empirical facts and figures. We will have another forum or many other organized fora to discuss these concepts of kidnapping, abduction, one change, armed robbery, organised crimes, and arranged assassination. These are different concepts or crimes that we need to...

BREAKING: Super Eagles pick AFCON Semi-Finals ticket

BREAKING: Super Eagles pick AFCON Semi-Finals ticket The super eagles of Nigeria has advanced to the semi finals of the African cup of Nations (AFCON) after a well-deserved 1-0 victory over the Palancas Negras of Angola. Here Are The Benefits Of Smart Beds. See Their Price Range. Smart Beds In Mexico | Search Ads | SponsoredHere Are The Benefits Of Smart Beds. See Their Price Range.Jubna Ads Choice Ademola Lookman secured the win for Nigeria at the Felix Houphouet Boigny Stadium in Abidjan.

My Experience At LASU NIMC Center - Crime - Nairaland

My Experience At LASU NIMC Center - Crime Nairaland I was trying to register for NYSC on the 29th of January, but I couldn't due to some issues with my middle name (NYSC recently made NIN compulsory for corpers). This means I have to go to a NIMC center to do a name correction. The next day, I went to the center at Ojo Local Government Secretariat in Lagos, but I met a crowd, and it was obvious I won't be able to meet the deadline for NYSC registration if I should join the queue. Hence, I went to the NIMC center at Lagos State University, only to meet another crowd. Then, I made the following discovery: 1. Nin is now compulsory for Jamb and Waec registrations. Hence, I saw several secondary school students who should be in class also hustling for Nin. 2. Both Lasu and Ojo centers have only one computer to attend to the huge crowd. It was heartbreaking seeing people suffer just to register into a government database. I know the government would have dispensed resources for sev...

French Firm, Canal+ Group, Offers To Buy Multichoice For $1.69bn - Business - Nairaland

French Firm, Canal+ Group, Offers To Buy Multichoice For $1.69bn - Business Nairaland Canal+ Group, a French TV channel, has offered to buy all the shares in South Africa’s MultiChoice for $1.69 billion. According to Reuters, Canal+, in a statement on Thursday, said it has already submitted a proposal to this effect. Canal+, a top shareholder in MultiChoice with a 31.67 percent stake, according to data on London Stock Exchange Group (LSEG), said it would likely pay 105 rand in cash per share — a 40 percent premium to MultiChoice’s closing share price on Wednesday. The French firm said its offer, worth 31.7 billion rand ($1.69 billion), was non-binding and indicative. The company is expected to deliver a letter of firm intention to MultiChoice’s board once due diligence has been completed. “MultiChoice to continue to thrive in Africa will require a strategy that enhances its scale as well as strengthened local and global expertise,” Maxime Saada, chairman and chief executive...

Naira rebounds as banks offload excess dollars

Naira rebounds as banks offload excess dollars. Ahead of the midnight February 1, 2024 deadline given by the Central Bank of Nigeria to commercial banks to sell all excess foreign exchange holdings, Deposit Money Banks on Thursday made frantic efforts to offload their surplus dollar stocks. It was learnt that the treasury departments of the DMBs spent the entire day battling to sell their excess FX holdings. Officials processed several foreign exchange request forms of their customers as they sold more dollars to them, The PUNCH gathered. The increase in the level of forex sale activities at the official foreign exchange market, it was learnt, led to the rebound of the naira at the parallel market on Thursday. Several top bank executives, who spoke to The PUNCH on condition of anonymity because they were not authorised to speak on the matter, confirmed there were huge forex transactions in the banks.

Tinubu Orders AGF, Lokpobiri To End $1.3 Billion Oil Block Dispute - Politics - Nairaland

Tinubu Orders AGF, Lokpobiri To End $1.3 Billion Oil Block Dispute - Politics - Nairaland President Bola Tinubu has ordered the Attorney-General of the Federation, Lateef Fagbemi (SAN), Minister of State for Petroleum Resources, Heineken Lokpobiri, and other agencies of government to clear all court cases around the $1.3bn deepwater OML 245 oil block located in southern Niger Delta. Other agencies that also received the order include the Economic and Financial Crimes Commission, Nigerian Upstream Petroleum Regulatory Commission and Nigerian National Petroleum Company Limited. Lokpobiri disclosed this in Abuja on Wednesday, as he revealed that parties in the deal were currently negotiating to end the over 28 years crisis and litigations surrounding the prolific oil block in the next one month. The Malabu OML 245 deal and subsequent litigations with the Nigerian government is a complex and long-standing saga involving allegations of corruption, fraud, and legal battles. The oil blo...

Port Harcourt Refinery Undergoing Test-Run, Production To Begin Soon - Lokpobiri - Politics - Nairaland

Port Harcourt Refinery Undergoing Test-Run, Production To Begin Soon - Lokpobiri - Politics - Nairaland The Nigerian Government has said the Port Harcourt Refining Company was still being test-run, adding that refined petroleum products from the plant would hit the market soon. The Minister of State for Petroleum Resources, Heineken Lokpobiri, told journalists on Wednesday that the plant was still being test-run. Speaking at a briefing in Abuja, Lokpobiri, said the mechanical aspect of the refinery has been completed According to him, the Port Harcourt refinery is one of the projects that were very fundamental to the survival of the country economically. “ I believe that very soon products will start coming from there…and the Warri refinery is in top gear. “If you ask me, in the next few months, we would have tremendously increased our refining capacity. “So I believe that very soon the Port Harcourt refinery and the other refineries will all come on stream,” he said. https...

YouTube deletes Emmanuel TV channel of disgraced megachurch leader

YouTube deletes Emmanuel TV channel of disgraced megachurch leader YouTube has terminated the official channel of disgraced Nigerian televangelist TB Joshua's megachurch for violating its hate speech policies. It comes weeks after an investigation by the BBC and openDemocracy uncovered evidence of widespread sexual abuse and torture by the late preacher. Emmanuel TV played a key role in his rise from local pastor to global star. TB Joshua died in 2021, but his Synagogue Church of All Nations (Scoan) is now run by his wife Evelyn Joshua. The church has not commented on the removal, but has said previous allegations of wrongdoing have been "unfounded". Emmanuel TV had more than half a million followers on YouTube and hundreds of millions of views. This is the second time in three years that its YouTube channel has been suspended, following previous breaches of the platform's community guidelines. As part of the investigation with the BBC, openDemocracy analysed Emmanu...

Atiku slams Tinubu, says president’s directive to NNPCL to submit crude oil sales receipts to CBN illegal

Atiku slams Tinubu, says president’s directive to NNPCL to submit crude oil sales receipts to CBN illegal Former Vice President Atiku Abubakar has condemned the directive by President Bola Tinubu to the Central Bank of Nigeria to take over the responsibility for crude oil sales proceeds from the Nigerian National Petroleum Company Limited (NNPCL). In a statement he signed on Thursday, Atiku described the directive as illegal and that it undermines the operational independence of the national oil company President Tinubu reportedly asked the NNPCL to send its receipts for crude oil sales to the CBN for vetting and documentation. The directive, according to reports, was aimed at ensuring accountability and transparency.

Football is cruel — Sadio Mane breaks silence after Senegal's devastating AFCON exit

Football is cruel — Sadio Mane breaks silence after Senegal's devastating AFCON exit Football is cruel — Sadio Mane breaks silence after Senegal's devastating AFCON exit FOOTBALL IS CRUEL — SADIO MANE BREAKS SILENCE AFTER AFCON EXIT Football is cruel — Sadio Mane breaks silence after Senegal's devastating AFCON exit Ifeanyi Ufomadu • 09:31 - 01.02.2024 Sadio Mane has shared his disappointment after Senegal's elimination from the Africa Cup of Nations at the Round of 16 stage in Cote d'Ivoire. Defending champions Senegal were eliminated from the Africa Cup of Nations by the host nation, Cote d'Ivoire, in a penalty shootout after a thrilling 1-1 draw in regular time. Despite creating an early assist for Habib Diallo's goal, Mane emphasized that they couldn't capitalize on their chances.

Support grows for relocation of CBN departments to Lagos

Support grows for relocation of CBN departments to Lagos. Finance and economy analysts have shared perspectives on the relocation of some units and departments of the Central Bank of Nigeria to Lagos. The stakeholders spoke to PUNCH Online on Wednesday following the recent apex bank’s announcement directing the movement of some of its units and departments to Lagos for enhanced operational efficiency. The CBN’s decision to relocate certain departments from its Abuja headquarters to Lagos has given rise to intense debates and controversies in recent weeks. While some are viewing it as a wise choice due to Lagos’ superior infrastructure capacity, others, primarily from the Northern political class, expressed concerns about potential disparities between the North and South. In an interview with our correspondent, the Managing Director, APT Securities and Funds Limited, Garba Kurfi, described the apex bank’s decision as the best for the national economy development and blessing...

CBN orders banks to sell excess dollars in 24 hours

CBN orders banks to sell excess dollars in 24 hours The PUNCH NEWSPAPER •Banks may sell over $5bn, says official, Cardoso faces Senate Tuesday over naira fall Amid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money Banks to sell their excess dollar stock latest February 1, 2024. The CBN, which made the disclosure in a new circular released on Wednesday, also warned lenders against hoarding excess foreign currencies for profit. According to officials, the central bank believes some commercial banks hold long-term foreign exchange positions to enable them profit from the volatile movements of exchange rates. The new circular introduces a set of guidelines aimed at reducing the risks associated with these practices. In the circular titled, “Harmonisation of Reporting Requirements on Foreign Currency Exposures of Banks”, the CBN raised concerns over the growing trend of banks holding large foreign currency posi...

Abuja BDC operators shut down operations over dollar scarcity

Abuja BDC operators shut down operations over dollar scarcity The PUNCH NEWSPAPER Bureau De Change operators have announced shut down of operations in Abuja as a result of unavailability of dollars, reports the Daily Trust This was announced by the association’s Chairman, Abdulahi Dauran, on Wednesday. The naira closed at an all-time low of N1,482 against the United States dollar on the official window on Tuesday while on the parallel market, it remained stable at N1,450/$. Dauran attributed the closure to online business transactions and cryptocurrency.

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