Abuja court stops Senate from probing IGP over corruption allegation

An FCT High Court sitting in Jabi on Thursday granted an interim order restraining the leadership of the Senate from investigating the Inspector-General of the Nigerian Police, Mr. Ibrahim Idris. Justice Abba-Bello Mohammed granted the application for an interim injunction pending the hearing of the substantive suit of breach of right to fair hearing by…

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EFCC summons Oke sacked NIA DG, wife

Chidi Samuel || The Economic and Financial Crime Commission, (EFCC) has summoned the former DG of the National Intelligence Agency, Ambassador, Ayo Oke and his wife Folashade over the $45.45 million discover at Osborne flats Ikoyi, Lagos earlier this year. Oke was sacked earlier in the week by President Muhammadu Buhari following the recommendation of the…

CBN injects $285.7m into forex market

The Central Bank of Nigeria (CBN) on Friday, October 27, 2017, injected a total of $285,759,449.10 into the Inter-Bank Foreign Exchange Market to meet requests in four sectors of the economy. Details obtained from the CBN indicate that the agricultural, airlines, petroleum and raw materials were the four sectors that received various sums of allocation…