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Couple bags 40 years jail term for N53m fraud

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A couple has been sentenced to 40 years imprisonment each.

 

Ebiesuwa Abayomi Fredrick and his wife, Tinuola Idayat Oyegunle were sentenced to 40 years imprisonment each by Justice Joyce Abdulmalik of the Federal High Court sitting in Ibadan, Oyo State today, February 15, 2021.

 

They were found guilty on all four counts of conspiracy and obtaining by false pretence brought against them by the Ibadan Zonal office of the Economic and Financial Crimes Commission, EFCC.

 

The couple, in a classic advance fee fraud scheme, scammed one Dunni Olateru Olagbegi of the sum of N53, 713, 260.00 (Fifty-Three Million, Seven Hundred and Thirteen Thousand, Two Hundred and Sixty Naira) in cash and bank transfer.

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Dollar To Naira Exchange Rate For Today 04 May 2024

Find below, the Dollar to Naira exchange rate for today, 04 May 2024.

Lifestyle Nigeria has obtained the official dollar to the naira exchange rate in Nigeria today, including the Bureau De Change (BDC) rate and CBN rates.

What Is The Official Exchange Rate For Dollar To Naira Today?

The exchange rate between the Naira and the US dollar according to the data released on the FMDQ Security Exchange, the official forex trading portal showed that the Naira opened at ₦1383.74 per $1 on Thursday, May 02, and closed at ₦1400.40 per $1 on Friday, May 03, 2024.

However, the Naira is trading as high as ₦1,360 per Dollar at the black market even though the Central Bank of Nigeria (CBN) announced the unification of all segments of the foreign exchange market.

The apex bank, had in a circular on Wednesday 14th June 2023, said all FX windows were now collapsed into the investors & exporters (I&E) window.

The statement read, “Abolishment of segmentation. All segments are now collapsed into the Investors and Exporters (I&E) window. Applications for medicals, school fees, BTA/PTA, and SMEs would continue to be processed through deposit money banks.

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Otti Kalu APC – .

Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Okezie Kalu has lauded Governor Alex Otti of Abia State, for his good works in the state, adding that he still has a space in the All People’s Congress (APC)

Speaking during a visit to the Governor in his country home, Umuehim, Nvosi in Isiala Ngwa South Local Government of the State on Friday, Kalu said that Abia is back in the news for the good reasons, Chief Press Secretary to the Deputy Speaker, Levinus Nwabughiogu said in a statement.

He reiterated his support for the governor, calling for synergy between his office and the state government for speedy development of the state.

He said: “You are doing well. I am here to tell the whole world that you are doing well. I came to tell him that Abia is now in the news for good reasons. We are gradually recovering our dignity, raising our shoulders because of your selfless approach to governance. And you are living your pledge. We want to build Abia for all because we know you are passionate about rebuilding Abia. We would not bother you. I came to renew my pledge that Benjamin Okezie Kalu will support this administration.

“As long as you are working for Abia people and we are seeing it, we will stand by you, come rain, come sunshine. What are we looking for in leadership if not to impact lives? You are an accomplished man. You are not looking for a big name because you have earned it before coming into politics. Passion and patriotism are your watchwords. You are raising our State to measure well amongst the comity of States and we are seeing the signs that you will take us to that promised land.

“I am happy that businesses are not shrinking. That under your administration, businesses are having confidence to expand. We may not understand the economic significance that investors are bringing in money to expand so that they can increase employment rate for the people. It’s good news for Abia State and I will shout it to the rooftops so that investors can come.

” With that, the unemployment rate will reduce. The trumpet I am blowing today is that Abia is good for business and the investors are coming back to Abia and some of us who ran away from Aba going back. Let us know where we can come in. This is my State and you are my governor. We don’t have another one.

Kalu further urged Governor Otti to be focused and turn deaf ears to distractions, urging the people to be patient.

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Nigerian Police Commissioner To Head INTERPOL African Cybercrime Units

The International Police Organisation has designated Nigerian Police Commissioner Ifeanyi Uche, as the Chairman of the African Heads of Cybercrime Units, encompassing leaders from 54 nations.

Lifestyle Nigeria reports that Uche, serving as the Commissioner of Police overseeing the NPF National Cyber Crime Centre, took over from Ratjindua Tjivikua of Namibia, who completed his tenure as head of Cybercrime.

Uche, who spoke at the closing of the Africa Working Group Meeting on Cybercrime on Friday, emphasised the urgency of bolstering cybersecurity efforts in Africa due to the escalating threat of cybercrime.

He called for enhanced cooperation among law enforcement agencies and investment in technology and capacity building.

“The high penetration rate of new technologies in Africa increasingly exposes the sub-regional cyberspace as potential targets for cybercriminals, as most African countries still have low levels of commitment to cybersecurity.”

“It is important that we join the operational subgroups created by INTERPOL to bolster our collective efficiency in the fight against cybercrime in the subregion,” the CP said.

He stressed the importance of legislative support to enact robust cybersecurity laws and regulations.

Uche vowed to lead collaborative efforts to combat cybercrime effectively in Africa, advocating for indigenous technological solutions tailored to the continent’s needs.

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