AMEBO NEWS

FG to release food items from Reserves to crash prices

The Federal Government yesterday moved to stem rising food prices in the country by directing the Special Presidential Committee on Emergency Food Intervention to immediately wade in . Assuring Nigerians that there was no food shortage, the government alleged that saboteurs were capitalising on Naira’s depreciation to escalate the cost …

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I was scamming banks before 419 started — Charly Boy

Veteran singer and social activist, Charles Oputa, aka Charly Boy, has said that he engaged in scamming before 419 became popular in Nigeria. Advance fee fraud or “419 fraud”, is a scheme in which a sender requests help facilitating the illegal transfer of money, according to Wikipedia. The scam typically …

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Killers of Ekiti monarchs attacked with AK-47 gun — Army

The Nigerian Army has released detailed descriptions of the armed criminals responsible for the attack that resulted in the tragic demise of two traditional rulers in the state last Monday. Recall that HRM Oba David Ogunsukin, the Elesun of Esun-Ekiti, and HRM Oba Olatunde Olusola, the Onimojo of Omojola-Ekiti, were …

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Airfares To UK, US, Others Jump By 55%

The depreciation of the naira against the United States dollar by 55 per cent at the official foreign exchange market has led to a commensurate depreciation in airfares on international routes in Nigeria, according to findings by The PUNCH. The naira had fallen from approximately 900/dollar to over 1,400/dollar on …

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