Author: TheScrutinyNG

The Naira on Monday depreciated at the official market trading at N1,675.62 against the dollar. Data from the official trading platform of the FMDQ Exchange, revealed that the Naira lost N23. This represents a 1.39 percent loss when compared to the previous trading date on Friday, Nov. 22 when it exchanged at N1,652.62 to a dollar. Also, the total daily turnover reduced to 108.79 million dollars on Monday down from 243.05 million dollars recorded on Friday.

Governor Monday Okpebholo of Edo State has approved the immediate dissolution of the Local Government Service Commission as part of his administration’s efforts to enhance transparency and efficiency in the public service. In a statement issued on Monday by the governor’s Chief Press Secretary, Fred Itua, the move was described as a key step in Okphebholo’s ongoing reforms aimed at streamlining government operations and improving the performance of public sector institutions across the state. The governor assured citizens and staff that the dissolution would not disrupt ongoing official activities. He emphasized his commitment to working closely with stakeholders to develop…

The Independent National Electoral Commission (INEC), on Monday, replied the accusation by governors elected on the ticket of the Peoples Democratic Party (PDP) that the commission manipulated the governorship elections held recently in Ondo and Edo states. Speaking through Mr Rotimi Oyekanmi, Chief Press Secretary to the INEC chairman, commission described the allegations as “unfortunate and inappropriate.” However, Oyekanmi said the commission, as a law-abiding body, could not comment on ongoing court matters in respect of the polls. Last Saturday, the PDP governors, who met for two days in Jos, the Plateau State capital, alleged that irregularities prevented the party’s…

Armed men suspected to be marauding Fulani herders from outside the country have massacred at least 30 people in coordinated attack on Kastina-Ala and Logo Local Government Areas of Benue State. The assaults, which occurred between Sunday morning and the early hours of Monday, left residents of the affected rural settlements in shock and mourning. Daily Trust quoted locals as saying that 10 bodies were recovered in Kastina-Ala, while 20 were found in the Logo area, bringing the total death toll to 30. Chief Joseph Anawah, a community leader in Logo, told the newspaper that armed herders numbering over 300…

Prince Adewole Adebayo, the presidential candidate of the Social Democratic Party (SDP) in the 2023 general election, has described the tax policies of President Bola Tinubu as the worst in the history of tax administration in the country. According to him, in a dysfunctional government like Nigeria, one should not be surprised to see a dysfunctional tax system as it is presently being operated. Adebayo who was special guest made the statement at the 2024 annual dinner and awards of The Chartered Institute of Taxation of Nigeria at the weekend in Lagos. He said it was a false narrative by…

The Economic and Financial Crimes Commission (EFCC) has amended the $35.4 million money laundering charge filed against cryptocurrency trading firm Binance Holdings Limited. The move came after the discharge of Tigran Gambaryan, the second defendant in the case, and in compliance with a court directive to tidy up court documents. At the Federal High Court in Abuja on Monday, EFCC counsel, Ekele Iheanacho, SAN, informed Justice Emeka Nwite of the agency’s decision to amend the charge. This followed a previous ruling by the court that directed the EFCC to streamline its filings. The defence counsel for Binance, Okiemute Okwakwa, did…

In what is a victory for the armed forces in the ongoing onslaught against terrorism in the northern part of the country, the Nigerian Air Force (NAF) airstrikes have destroyed terrorists’ food depot and killed scores of the criminals in the Lake Chad Basin. A statement by the NAF spokesman, Air Cdre Olusola Akinboyewa, said the airstrikes were executed by the Air Component of Operation Hadin Kai (AC OPHK) on Saturday, November 23, 2024, and delivered a crushing blow to terrorist elements in Jubillaram, a notorious enclave in the Tumbuns area of the Lake Chad Basin. He said the strategic…

A yet-to-be-identified driver luckily escaped death on Monday morning when a 40-foot-laden container fell onto a Toyota Camry, with registration number LSR 293 HJ, at Mile 2, en route to Apapa Ports, Lagos. The accident, according to an eyewitness, happened at about 8 a.m. Fortunately, the driver of the car was rescued by the prompt intervention and coordinated response of the Lagos State Traffic Management Authority (LASTMA) and other emergency services, including the Federal Road Safety Corps (FRSC) and the Lagos State Emergency Management Agency (LASEMA). The victim received immediate medical attention after being rushed to the hospital by the…

Leicester City Football club has sacked Steve Cooper as manager on Sunday after just five months in charge. Leicester, promoted last season, are 16th in the Premier League, outside the relegation zone, but the hierarchy have been left unconvinced by performances, with player friction also a factor behind the scenes. Leicester, whose players return to training on Tuesday following a home defeat to former manager Enzo Maresca’s Chelsea on Saturday, intend to make a quick appointment, ideally by the weekend, mindful of a trio of key games against Brentford, West Ham and Brighton across the next fortnight. Cooper leaves them…

Senator Oluremi Tinubu, the wife of President Bola Ahmed Tinubu, has called for collective action to combat gender-based violence (GBV) as the country joins the global community in marking the International Day for the Elimination of Violence Against Women. This day also signals the start of the annual 16 Days of Activism Against Gender-Based Violence, an international campaign that seeks to end violence against women and girls. It serves as a rallying call to governments, organizations, and individuals to take bold actions in eradicating GBV and fostering a culture of respect and equality. In a press statement on Monday, Tinubu…