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N783m smuggled goods seize in three weeks by Customs

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The Nigeria Customs Service, Federal Operations Unit, Zone ‘A’, announced on Monday that it made a number of seizures amounting to over N783m between August 9 and 25, 2017. The Controller of the zone, Mohammed Garba, disclosed this while conducting journalists round the command’s warehouses where the seized items were kept. According to him, some of the items seized include 27 different brands of vehicles, ranging from 2007 to 2013 models, all valued at N228.2m. In addition to frozen poultry, he listed other confiscated items such foreign parboiled rice, Indian hemp, pharmaceutical drugs, used tyres and general merchandise. Garba said that the unit also impounded three containers with items worth N303.2m, due to what he called false declaration. He added that the unit recovered N252.1m from duty payments and demand notices on general goods from importers who allegedly tried to outsmart officers at seaports, airports and border stations through wrong classification, transfe

Nigeria seizes N7.6b from Diezani Alison-Madueke

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A Nigerian court seized $21 million on Monday from bank accounts linked to a former oil minister accused of corruption as investigators continue to claw back her fortune. Federal high court judge Abdulazeez Anka ordered the immediate forfeiture of 7.6 billion naira ($21 million, 17.9 million euros) allegedly held in local bank accounts by Diezani Alison-Madueke, who was once one of Africa’s most prominent female politicians. Nigeria’s anti-graft Economic and Financial Crimes Commission (EFCC), which accuses Alison-Madueke of corruption, argued in court that she had illicitly laundered the funds with the help of top oil officials Since leaving office in 2015, Alison-Madueke has been implicated in bribery, fraud, misuse of public funds and money laundering cases in Nigeria, Britain, Italy and the United States. The former president of the global oil cartel OPEC, the first female to hold the post, Alison-Madueke has always denied the allegations which involve billions of dollar

$250m injected into forex market by CBN

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The Central Bank of Nigeria has again intervened in the inter-bank foreign exchange market to the tune of $250m. According to the  News Agency Nigeria  report, the Acting Director, Corporate Communications Department, CBN, Mr. Isaac Okorafor, said the apex bank also sold $100m and uplifted the Small and Medium Enterprises and invisible segments, with $85m and $65m, respectively. He said that the central bank would pump even more liquidity into the market in the coming days, noting that the move by the CBN was necessary to enhance stability in the foreign exchange market. He reiterated that in a bid to improve liquidity and ameliorate challenges encountered by critical stakeholders at this time of the year, the bank had ensured that pressures on the market from those seeking forex for school fees and vacations were eased. He said further that the bank had kept faith with its resolve to ensure that there was sustained liquidity to meet genuine requests for foreign exchange.

Parents Of Boy Who Was Killed In Owerri Bursts Into Tears and seek justice

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• His death has no link with Ekeukwu market relocation, says Okorocha • Police begins investigation as Zinox boss sues for peace The parents of Somtochukwu, the 10- year-old boy who was killed in the stampede that followed the demolition of Ekeukwu Market in Owerri, Imo State, Mr. and Mrs. Ibeanusi, have called for justice over the killing of their son. They lamented that the deceased was their only son and their source of hope and charged the Imo State government to bring his killers to book. However, as controversies trail the demolition of the Ekeukwu Owere Market, on Douglas Road, the state chapter of the Peoples Democratic Party (PDP), through its Publicity Secretary, Ray Emeanya, yesterday directed that the party to mourn Sontochukwu by attending special Church services in honour of the departed. Emeanya, who visited the deceased’ family at the weekend, also directed PDP members to observe the mourning period, by wearing black band in honour of the slain boy.

Governors asks for relocation of oil firms’ head offices

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The governors lamented that despite providing the necessary logistic support to the security agencies, perceptions of insecurity are on the rise, preventing inflow of direct foreign and local investment into the regions Decry lack of FG’s presence in south-east, N’Delta Governors of the South-East and South-South states and other stakeholders have urged the Federal Government to prevail on multinational oil and gas corporations to relocate their corporate headquarters to their areas of core operations in the two regions. The governors lamented that despite providing the necessary logistic support to the security agencies, perceptions of insecurity are on the rise, preventing inflow of direct foreign and local investment into the regions. These were contained in a statement endorsed by the Chairman of the South-East and South-South Governors’ Forum and Akwa Ibom State governor, Udom Emmanuel, at the end of its meeting at the Government House, Port Harcourt, Rivers State. T

Pregnant woman killed in Delta by Traditional cannon

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Mrs. Ese Edewor, was taking her bath in a makeshift bathroom outside her apartment when the incident occurred on Saturday evening. The celebration was suspended following the death of the woman. • Community fines Agip N50m for death of ancestral crocodile Shells from a cannon shot during a traditional ceremony at the weekend have reportedly killed a 26-year-old pregnant woman at Ujevwu community, in Udu Local Council of Delta State. According to community sources, the deceased, identified as Mrs. Ese Edewor, was taking her bath in a makeshift bathroom outside her apartment when the incident occurred on Saturday evening. The celebration was suspended following the death of the woman. The deceased, a mother of two, was expecting her third child when the shrapnels from a traditional cannon pierced her stomach killing her on the spot before medical assistance could be rendered. It was gathered that the cannon was fired as part of activities marking the 11th memorial anniversar

One dead, 37 missing in China landslide

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A landslide Monday buried dozens of homes in southern  China , killing one person and leaving 37 missing, the local government said. The side of a mountain crashed down on the homes of 34 families on the outskirts of the city of Bijie around midday, the Guizhou provincial government said on its microblog. It said rescue teams had been dispatched along with tents, blankets and other emergency supplies. There was no immediate word on the cause, although southern China has been battered in recent days by a pair of typhoons bringing heavy rain that can saturate soil and destabilize steep land. The storms caused more than a dozen deaths in the casino hub of  Macau  and southern China's Guangdong province over the last week. Mountainous Guizhou is one of China's poorest provinces and the provincial government estimated losses at more than 5.1 million yuan ($768,000).