ARSENAL SET TO OPEN NEW CONTRACT TALKS WITH SAKA. (PHOTO).

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 Arsenal set to open new contract talks with Saka Arsenal are set to open formal talks with Bukayo Saka over a new contract as the forward enters the final two years of his current deal. Saka has been unavailable since December after sustaining a serious hamstring tear in the victory over Crystal Palace at Selhurst Park - an injury that eventually required surgery. But his importance to Mikel Arteta's team remains unquestioned with the club preparing to meet the player's representatives over a contract extension.Arsenal want to avoid any uncertainty regarding their star player's future and will make securing Saka to a longer contract one of their top priorities. The 23-year-old England international signed his current contract - understood to be worth a minimum of £10m per season - in 2022. But that contract is due to expire at the end of the 2026-27 season with early moves towards opening concrete talks already initiated. The process is expected to accelerate in the not to...
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COURT JAILS THREE BUREAU DE CHANGE OPERATORS IN KWARA. (PHOTO). #PRESS RELEASE.

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 Court Jails Three Bureau de Change Operators in Kwara

Justice Olukayode Ariwoola of the Federal High Court, sitting in Ilorin on Monday, February 10, 2025 convicted and sentenced three bureau de change operators for operating without licence.

 

The convicts are, Mustapha Idris, Hassan Bala and Ajayi Ernest Isaac, all from Chikanda in Baruten Local Government Area of Kwara State.

 

They were prosecuted by the Ilorin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC on separate charges.

 

The charge against Idris reads: “That you, Mustapha Idris sometime in July 2024, within the jurisdiction of the Federal High Court did carry on business of other financial institution to wit: bureau de change without a valid licence issued by the Central Bank of Nigeria and thereby committed an offence contrary to Section 57 (1) of the Banks and other Financial Institutions Act, 2020 and punishable under Section 57 (5) (b) of the same Act.”

 

That of Bala reads: “That you, Hassan Bala sometime in July 2024, within the judicial division of the Federal High Court was found to be carrying business of other financial business to wit: bureau de change without a valid license issued by the Central Bank of Nigeria and thereby committed an offence contrary to Section 57 (1) and (2) of the Banks and other Financial Institutions Act, 2020 and punishable under Section 57 (5) (B) of the same Act.”

 

They all pleaded “guilty”  when the charges were read to them. Prosecution counsel, Sesan Ola and Andrew Akoja while reviewing the facts of the cases called witnesses, tendered the extra-judicial statements of the defendants and the different currencies recovered from them at the point of arrest and urged the court to convict and sentence them as charged.

 

The judge convicted and sentenced Idris to 250 hours of community service without option of fine and ordered that the sum of Cfa33,000 and N323,000 (Three Hundred and Twenty-three Thousand, Naira only) recovered from him at the point of arrest be forfeited to the federal government.

 

He sentenced Bala to six months imprisonment or to pay N200,000 (Two Hundred Thousand Naira only) fine. And also ordered that the sum of Cfa677,500 and N881,900 (Eight Hundred and Eighty-one Thousand, Nine Hundred Naira only) recovered from him be forfeited to the federal government.

 

Isaac bagged six months imprisonment or to pay N500,000 (Five Hundred Thousand Naira Only) fine. In addition, he forfeited the sum of $31 (Thirty-one United States Dollars), recovered from him to the federal government.

 

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