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Court jails three on terror charges

Punch - 47 min 38 sec ago

A UAE court on Wednesday sentenced three people to up to five years in prison after convicting them of belonging to a “terrorist organisation,” state media said. The Abu Dhabi-based Federal Supreme Court handed two Emiratis jail terms ranging from one to five years, the official news agency WAM said. A third defendant from an […]

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Kidnappers demand N250m ransom for abducted LGA workers

Punch - 1 hour 42 sec ago

The kidnappers of the Director of Finance of Isa Local Government in Sokoto State, Alhaji Bello Bodinga, and three others have demanded for a N250m ransom. Bodinga was on Monday abducted by nine gunmen that were clad in military uniform along Sokoto-Isa road. The State Commissioner of Police, Mohammed Abdulkadir, told newsmen in Sokoto on […]

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Over 200 clubs ‘impacted’ in sex abuse scandal – Police

Punch - 1 hour 3 min ago

The number of football clubs who have been brought up in the historic sex abuse enquiry which has rocked the sport has risen by 100 in the past month to 248 in figures released on Wednesday. The clubs range from Premier League to amateur level and the National Police Chiefs Council are at pains to […]

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Categories: Business, News, Nigeria

Motorcycle thief defecates in court

Punch - 1 hour 9 min ago

A 38-year- old unemployed man, Hussein Mohammed, defecated in the dock at an Ikeja Magistrates’ Court on Wednesday while standing trial for alleged theft of a motor cycle valued at N65,000. The accused was arraigned before Magistrate G. O. Anifowose on a charge of stealing. The accused was panting in the dock and when his […]

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Biden hits Putin in final address as VP

Punch - 1 hour 17 min ago

Russia is the main threat to the “liberal” world order, US Vice President Joe Biden told the Davos elite on Wednesday, in his final speech before leaving office. Biden used the big stage of the World Economic Forum in the posh Swiss resort to warn of threats posed by the Kremlin two days before Donald […]

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Reps to probe NAF air strike on IDPs camp

Punch - 1 hour 19 min ago

The House of Representatives on Wednesday said it would investigate the accidental bombing of an Internally Displaced Persons camp in Borno by the Nigerian Air force. This followed unanimous adoption of a motion of urgent public importance moved by Rep. Muhammed Zoro (APC-Jigawa) at the plenary in Abuja. In the motion, Zoro said the legislature […]

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Categories: Business, News, Nigeria

Senate approves MTEF, raises oil benchmark to $44.5

Punch - 1 hour 22 min ago

Leke Baiyewu, Abuja The Senate on Wednesday finally approved the revised version of the 2017-2019 Medium Term Expenditure Framework and Fiscal Strategy Paper. The upper chamber of the National Assembly approved all the critical projections in the MTEF/FSP as proposed by the executive, except the oil benchmark, which was increased from the proposed $42.5 to […]

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Categories: Business, News, Nigeria

Nigeria becoming self-sufficient in rice production – CBN

Punch - 1 hour 26 min ago

The Branch Controller, Central Bank of Nigeria, Awka, Mr. Chuks Sokari, on Wednesday said the country was gradually becoming self-sufficient in rice production going by its availability during the Yuletide. Sokari said this during a town hall meeting in Awka with stakeholders involved in the CBN’s Anchor Borrowers Programme for rice production in Anambra. He […]

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UK Supreme Court to issue Brexit ruling on Tuesday

Punch - 1 hour 32 min ago

Britain’s Supreme Court will on Tuesday announce the result of the government’s appeal against a ruling that it has to seek parliamentary approval to trigger Brexit, the court said Wednesday. “Judgment in these cases will be delivered at 9:30 am (0930 GMT) on Tuesday 24 January 2017,” the court said on its website.

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Categories: Business, News, Nigeria

Dangote, Sinotruck to roll out trucks assembled in Nigeria next week

Punch - 1 hour 36 min ago

Africa’s richest man Aliko Dangote, in partnership with China’s heavy duty truck group, Sinotruck, is to roll out first assembled-in-Nigeria trucks next week, the Dangote group said on Wednesday. The Executive Director of Dangote Group, Edwin Devakumar, said in Lagos that the $100m plant would assemble cars soon. He said, “It aims to meet an […]

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Categories: Business, News, Nigeria

Obama approval ratings soar ahead of exit

Punch - 1 hour 45 min ago

Barack Obama leaves the White House Friday with his popularity nearly as high as it was when he took office eight years ago. In poll after poll, the numbers are all flattering for the Democratic president as he prepares to hand over power to Republican Donald Trump. The latest poll, released Wednesday by CNN/ORC, found […]

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My husband denied me sex for nine years – wife

Punch - 1 hour 45 min ago

A trader, Mrs Helen Otike, has prayed an Igando Customary Court, Lagos to dissolve her 18 year-old marriage to her husband, Godwin, for allegedly denying her sex for nine years. Otike, 45, told the court on Wednesday that her husband, with whom she had no child, starved her of sex. She said, “My husband does […]

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Categories: Business, News, Nigeria

Annie gushes over Tuface’s achievements

Punch - 1 hour 54 min ago

Annie can’t seem to get over her excitement about her megastar husband, Tuface. She seems to be the only Tuface fan who doesn’t know how ‘big’ he is in terms of his professional achievements. Taking to her Instagram page in a can’t-believe-this-is-real manner, she had wondered that her “baby” had reigned for so long, as […]

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Categories: Business, News, Nigeria

Fayose asks FG to probe Borno IDP camp air strike

Punch - 1 hour 58 min ago

Kamarudeen Ogundele, Ado Ekiti Ekiti State Governor, Ayodele Fayose, has commiserated with families of the victims of Tuesday’s “accidental” air strike by men of the Nigerian Air Force of ‘Operation Lafiya Dole’ in the Internally Displaced People camp in Borno State. The governor, who said it was strange that the military could “mistakenly” bomb an […]

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Categories: Business, News, Nigeria

CBN sells forex to BDCs

Punch - 2 hours 1 min ago

The Central Bank of Nigeria started auctioning $250m to 3147 registered Bureau De Change nationwide on Wednesday. The President, Association of Bureau De Change Operators of Nigeria, Alhaji Aminu Gwadabe, on Wednesday said the sale of the foreign currency to BDCs would impact positively on the naira exchange rate as the exercise would boost liquidity in […]

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Categories: Business, News, Nigeria

Excuse yourself from my case, Fani-Kayode tells judge

Punch - 2 hours 3 min ago

Ramon Oladimeji A former Minister of Aviation, Mr. Femi Fani-Kayode, has asked Justice Muslim Hassan of the Federal High Court in Lagos to withdraw himself from the N4.9bn fraud charge filed against him by the Economic and Financial Crimes Commission. Fani-Kayode said since the judge was a former prosecutor with the EFCC, he would not […]

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Categories: Business, News, Nigeria

Man sues former employer over one-month unpaid salary

Punch - 2 hours 9 min ago

A former employee of Travelfix Company Ltd., Mr Peter Hallebach, has dragged the company before the National Industrial Court, Abuja over alleged one-month unpaid salary. Hallebach joined the Managing Director of the company, Mr. Samuel Ajose, as a defendant in the suit. The German is asking for damages from the company for alleged breach of contract […]

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Categories: Business, News, Nigeria

France approves extradition of British paedophile suspect

Punch - 2 hours 13 min ago

A court in southwest France on Wednesday gave the go-ahead for the extradition of a suspected paedophile who is one of Britain’s most wanted fugitives. Stephen Carruthers, 43, was arrested by police on January 8 after he was involved in a car accident. He was found to have been living in France for a year […]

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Categories: Business, News, Nigeria

Obama approval ratings high as he prepares to leave office

Punch - 2 hours 17 min ago

Barack Obama leaves the White House Friday with his popularity nearly as high as it was when he took office eight years ago. In poll after poll, the numbers are all flattering for the Democratic president as he prepares to hand over power to Republican Donald Trump. The latest poll, released Wednesday by CNN/ORC, found […]

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Categories: Business, News, Nigeria

Horrendous lies that married couples sell to each other!

Punch - 2 hours 18 min ago

The lies that couples live while pretending to the world that their marriages are perfect! An online community, Whisper,  where people can share their worst kept secrets anonymously would break your heart! Here, we share some of the most fantastic delusions that married couples have sold to each other! In one of the confessions, a […]

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Categories: Business, News, Nigeria

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