Gov., Sanwo-olu not involved in Obasa’s impeachment -Akosile

Lagos State Governor, Mr Babajide Sanwo-Olu has denied involvement in the impeachment of the Speaker of the state House of Assembly, Mudashiru Obasa. Obasa was impeached on Monday by the lawmakers. The Deputy Speaker, Hon Mojisola Lasbat Meranda was immediately unanimously elected as the new speaker, thus emerging as the first female speaker of the House. Sanwo-Olu’s Special Adviser on Media & Publicity, Gboyega Akosile, described Obasa’s impeachment as a strict legislative affair devoid of politics or the state government’s influence or interference. “It is purely a legislative matter and…

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Nine Oyo Royal families tackle Gov. Makinde, Awise Agbaye, Prof. Wande Abimbola over Owoade’s choice as Alaafin-elect

Princes from nine royal families in Oyo, collectively known as the Atiba 9say they have rejected the appointment of Prince Abimbola Owoade as the new Alaafin of Oyo. The Atiba 9 described his appointment as unacceptable and a blatant disregard for Oyo’s revered traditions. Recall that Oyo State Governor, Seyi Makinde, presented the staff of office to the Alaafin-designate on Monday. The Atiba 9 criticised the decision, accusing Makinde of basing his action on a proclamation by US-based Awise Agbaye, Prof Wande Abimbola, who claimed that Ifa chose Owoade as…

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How church members arrested gospel singer, Timi Ajayi with girlfriend’s severed head at river bank

The Nasarawa State Police Command has arrested a gospel singer, Timilehin Ajayi, for allegedly killing and dismembering his 24-year-old girlfriend, Salome Enejo, a member of the National Youth Service Corps, for suspected ritual purposes. The command’s spokesperson, Ramhan Nansel, told PUNCH Metro in an exclusive interview that Enejo was a corps member serving in Abuja before the suspect brutally murdered her. The suspect, Ajayi, was apprehended by churchgoers on Sunday in Orozo, a community bordering the Federal Capital Territory, Abuja, and Nasarawa State after he was found carrying a polybag…

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Kebbi suspected bandits offer Policeman N1.06m bribe -Police

The Kebbi State Police Command of the Nigerian Police has announced that its officer rejected a ₦1,060,000 bribe offered by suspected bandits in the state. This was stated in a release signed by the Command’s spokesperson, CSP Nafiu Abubakar, and made available to the media in the state on Tuesday. According to the statement, “On January 13, 2025, at about 1800hrs, one Umaru Garba ‘m’ aged 53yrs of Dangandu village, Alhaji Abubakar Alhaji Mamman ‘m’ aged 51yrs of Maimaichi village, all of Arewa LGA, and Usman Muhammadu ‘m’ aged 50yrs…

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Alaafin’s Enthronement: The tales of two Oracles and Olu’awo of Oyo State!

Oyo State’s sobriquet was not acquired without historical evidence or background. The word – pacesetter – became a watchword as a result of the dint of unceasing work to distinguish itself among the states in Nigeria. Ajise bi Oyo ni anri, Oyo o nse bi baba eni kookan literally translates thus, Oyo is unique and it’s the cynosure of other eyes to behold in all its strifes for the best. It’s not a copycat of any in whatever it does to justify its existence. This goes confirms its originality and…

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Obasa, Lagos Speaker impeached

Speaker of the Lagos State House of Assembly, Mudashiru Obasa has been impeached by members of the House. According to a reliable source, the Deputy Speaker, Hon Lasbat Meranda has been elected to replace him. A video of her swearing has also gone viral on social media. The Deputy Chief Whip, Fatai Mojeed is elected as the Deputy Speaker. Obasa has been engulfed in a series of controversial circumstances in terms of financial dealings. The terse statement reads, “Obasa is impeached and the deputy speaker, Mojisola Meranda elected speaker. Mojeed…

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Alleged Bribery Scandal and Bad Debt: Why Lukmon Gbadegesin lost out on Alaafin stool

On Friday, Oyo State Governor Seyi Makinde approved the appointment of Prince Abimbola Owoade as the new Alaafin of Oyo. Makinde communicated the approval to the general public via Dotun Oyelade, the state’s commissioner for information and orientation. Owoade succeeds the late Oba Lamidi Adeyemi who died on April 22, 2022, aged 83. Interestingly, the announcement came a day after five kingmakers in Oyo Town rejected a directive issued by the governor to initiate a fresh selection process for the Alaafin of Oyo throne. The kingmakers, consisting of Yusuf Akinade,…

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I met Alaafin Owoade first time yesterday – Gov. Makinde

Oyo State Governor, Engr. Seyi Makinde has maintained that he decided not to meddle in the appointment of the new Alaafin of Oyo because of his administration’s belief in openness and transparency. Makinde made the revelation on Monday, January 13, at the state government’s council chambers, in Ibadan during the presentation of staff of office to the 46th Alaafin of Oyo, Oba Abimbola Akeem Owoade. “I met Prince Owoade for the first time in my life yesterday. I never spoke to him in my entire life until yesterday. I did…

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Gov. Makinde installs new Alaafin of Oyo as Oba Owoade gets staff of office

Oyo State Governor, Engr. Seyi Makinde has presented the staff of the office to new Alaafin of Oyo, His Imperial Majesty, Abimbola Akeem Owoade. The governor presented the official instrument legitimising the reign of a king to the new monarch on Monday morning at the Exco Chamber of the Governor’s Office in Ibadan, the state capital. The symbolic event was performed nearly three years after the death of the former Alaafin, Lamidi Adeyemi III. The presentation of the staff of office was done amid controversy concerning the choice of the…

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NNPCL diverted N2.68tn, $9.77m, shunned probe invitations – Report

Amid its controversial financial dealings that have negatively impacted the nation’s financial standing, the Nigerian National Petroleum Company Limited has been accused by the Auditor-General of the Federation of diverting a total sum of N2.68tn and $9.77m in the last four years. Findings by Sunday PUNCH using the Auditor-General’s annual reports published between 2017 and 2021 showed that N1.33tn was diverted in 2017, N681.02bn in 2019, N151.12bn, ($19.77m) in 2020 and N514bn in 2021 amounting to N2.68tn and $19.77m over four years. The reports, which were submitted to the National…

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Deadly wish

Tinu, Tola and Rita have been friends for about 20 years. They all started small but God has been kind to them. Their marriages are still intact too. So, we can safely say that they are lucky or blessed. That is not to say they have not had seasons that looked like God was not on their side. Tinu lost two precious pregnancies. Rita lost one of two sons and Tola had to wait 10 years for a second child. As for their marriages, the storms came. Rita’s husband went…

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Portrait of a Narcissist

By ‘Lanre Ogundipe _Nobody can be kinder than the narcissist while you react to life in his own terms_ – _Elizabeth Bowen_ We have reached a stage where Nigerians should be really interested in the character and predilection of their leadership. In matured climes, political suitors are dissected before elected. Time has come to render out of vogue, the unhealthy practice of pre-election endorsement before dissection of the character, mental status and psycho-composition of prospective leadership. A school of thought canvassing for the conduct of psychiatrist examination – you may…

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US repatriates $52.88m Diezani Alison-Madueke’s loot to Nigeria

The Federal Government has received $52.88 million in recovered assets linked to a former Minister of Petroleum, Diezani Alison-Madueke, from the United States of America. The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, disclosed this during the formal signing ceremony of the asset agreement between Nigeria and the United States in Abuja on Friday. In his remarks, Fagbemi, according to Channels TV reports, explained that $50 million of the recovered assets would be deployed through the World Bank for the development of rural electrification projects, while the…

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Nigeria’s defence chief, Musa asks UN to probe training, funding of Boko Haram

Nigeria has called on the United Nations to investigate the funding and training of the Boko Haram terrorists. The Chief of Defence Staff (CDS), General Christopher Musa, made the call in a recent interview he had with Al-Jazeera. Musa said there was international flow of funding for the terrorists, stressing the need for the UN to come in to trace and track it. The defence chief, who questioned how the insurgents had sustained themselves for 15 years, also fingered international conspiracy in providing the terrorists with funds, training and equipment.…

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Cross River Commissioner dies after state council meeting

Commissioner for Tourism and Culture in Cross River State, Mr Abubakar Ewa, is dead. The Commissioner for Information, Erasmus Ekpang confirmed the incident to newsmen. Ekoang said, “He was actually with us at the state council meeting with His Excellency where he even moved a motion. “But at about 4pm, he moved to the governor and whispered something to him. Perhaps he was requesting permission to leave the meeting. “We saw him moved out, telling a colleague he had a headache. When the meeting ended, we stepped out to collect…

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Court Order Blacklists Nduka Obaigbena, family from financial transactions over $718m First Bank Debt

The Lagos Division of the Federal High Court has ordered all banks operating in Nigeria to blacklist media executive Nduka Obaigbena and members of his family over alleged debt to First Bank of Nigeria. The December 30, 2024 Mareva order also sought to prevent Mr Obaigbena from moving any assets linked to him from the jurisdiction of the Federal High Court. First Bank had filed a debt-recovery suit against Mr Obaigbena and his family members, including Efe Damilola Obaigbena and Olabisi Eka Obaigbena, saying they used their oil servicing firm…

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Amidst controversy, face-off with Kingmakers, Makinde names Owoade as new Alaafin

Oyo State Governor, Seyi Makinde, has approved the appointment of Prince Abimbola Owoade as the new Alaafin of Oyo. Owoade will succeed the late Oba Lamidi Adeyemi III, the former Alaafin, who died on April 22, 2022. The announcement was made in a statement on Friday by the Commissioner for Information and Orientation, Dotun Oyelade. Oyelade stated that Owoade was chosen after extensive consultations and traditional divinations conducted by the Oyo kingmakers, the Oyomesi. “Prince Abimbola Akeem Owoade, after thorough consultations and divinations, has been recommended by the Oyomesi and…

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I was an almajiri -Mele Kyari

Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, has expressed gratitude to Allah for the privilege to grow from an Almajiri school pupil into becoming the head of NNPCL. In a post via X on Wednesday to celebrate his 60th birthday, the NNPC Boss expressed appreciation for the “exceptional” privilege given to him by former President Muhammadu Buhari and President Bola Tinubu to serve as the last Group Managing Director of the NNPC and the pioneer CEO of the NNPC Ltd. In the post,…

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ALEBIOSU: In line with our vision, FirstBank is well-positioned to break new grounds in 2025 and beyond

As the foremost Nigerian bank, First Bank of Nigeria Limited no doubt has a history of curating products and services that not only meet the immediate and future needs of its customers. In this interview with THISDAY, the bank’s Managing Director/Chief Executive Officer, Mr. Olusegun Alebiosu described 2025 as the beginning of the bank’s new strategic planning horizon when it is poised to double down on its market dominance position across all the markets where the bank operates. What’s your view on the global economic outlook in 2025, and what…

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GTCO raises ₦209bn in first phase of equity capital raise programme

Guaranty Trust Holding Company Plc (“GTCO Plc” or the “Group”) (NGX: GTCO) is pleased to announce the successful completion of the first tranche of its equity capital raise programme, following the completion of the capital verification exercise conducted by the Central Bank of Nigeria (CBN) and the approval of the Basis of Allotment of the Offer by the Securities and Exchange Commission (SEC). The Offer, which garnered substantial interest from domestic retail investors, raised a total of ₦209.41 billion from 130,617 valid applications for 4,705,800,290 Ordinary Shares, fully allotted. This…

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Access Holdings win ‘Company of the Year’ at Nigerian of the Year 2024

Access Holdings Plc., the parent company of Access Bank has emerged as Company of the Year at the Nigerian of the Year 2024 awards The award, instituted in 2010 by National Infinity Magazine, has honoured notable Nigerians and institutions from all walks of life including public servants and business people and has expanded into recognitions for deserving corporate organisations. Biodun Abayomi Oyebanji, the governor of Ekiti State and a well-respected philanthropist monarch from Southwest Nigeria, His Royal Majesty, Oba Adedokun Omoniyi Abolarin, the Orangun of Oke-Ila, in Osun State, were…

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We are monitoring situations on the Human Metapneumovirus -NCDC

The Nigeria Centre for Disease Control and Prevention (NCDC) says it is closely monitoring global developments on the Human Metapneumovirus (HMPV). Director-General of the agency , Dr Jide Idris, said this in a public health advisory on Monday night. He said an Entry Implementation Protocol on HMPV, approved by the Minister of Health and Social Welfare, is being developed and will be distributed to all points of entry to guide response activities. Idris said the country’s surveillance system does not indicate any unusual increase in respiratory infections, including those caused…

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Foremost celeb, Adebisi Edionseri ‘Cash Madam’ dies, buried in Abeokuta

A popular socialite and businesswoman, Princess Adebisi Edionseri, popularly known as Cash Madam, has died at the age of 89. She reportedly died after a brief illness on Sunday, January 5, 2025, in Abeokuta, the Ogun State capital. Her death was announced in a statement on behalf of the family by one of her children, Dr Adebayo Adebowale. The statement noted that the renowned businesswoman and foremost socialite touched many lives in her family and community, as she was a “shining example of grace, dignity and unwavering faith.” “With deep…

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Soldiers kill two suspected killers of Army personnel, who abducted two Korean expatriates

Soldiers of the 5 Battalion of the Nigerian Army have neutralised two members of a gang reportedly responsible for the killing of four soldiers and abduction of two Korean expatriates who were staff of Daewoo company in Ahoada West Local Government Area of Rivers State. A press statement issued in Port Harcourt on Monday by the acting Deputy Director of Public Relations of the 6 Division of the Nigerian Army, Lt. Col. Danjuma Jonah, said the troops struck the hideout of the gang at Kalaogbokolo in Ahoada in a carefully…

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Explosion in Abuja Islamic School killed suspected terrorists, two others Injured

An explosion at an Islamiyyah school in the Kuchibiyi community of Bwari Area Council of the Federal Capital Territory (FCT) has reportedly resulted in the deaths of two persons. According to the FCT Police command, the explosion occurred at approximately 11am at the Tsangagyar Sani Uthman Islamiyya School located in Kuchibuyi Village, Byazhin area of the FCT. A statement by the command’s spokesperson, SP Josephine Adeh, said the command received a distress call from the Sarki of Kuchibuyi and a team of police operatives, including the Command’s Explosive Ordnance Disposal…

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Nigerian of the Year 2024: PWAN Group wins Real Estate Company of the Year

PWAN Group a foremost real estate network marketing and development company emerged as Real Estate Company of the Year for its massive expansion and innovative approach to business development in that sector. The award, instituted in 2010 by National Infinity Magazine, has honoured notable Nigerians and institutions from all walks of life including public servants and business people and has expanded into recognitions for deserving corporate organisations. Others slated for recognition at the Nigerian of the Year 2024 Awards are Mr. Biodun Oyebanji, the Executive Governor of Ekiti State, for…

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11 suspects arrested as Army destroys 21 illegal refineries in Niger Delta

The 6 Division of the Nigerian Army has announced the destruction of 21 illegal oil refining sites, the arrest of 11 suspected oil thieves, and the recovery of 190,000 litres of stolen petroleum products in the Niger Delta. The Army stated that these successes were a result of its intensified operations, conducted in collaboration with other security agencies, aimed at dismantling the network of criminal enterprises run by oil thieves in the region. The Acting Deputy Director of the 6 Division Army Public Relations, Lt. Col. Jonah Danjuma, disclosed this…

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Police begins manhunt for Miyetti Allah’s leader killers

The Katsina State Police Command has commenced a manhunt for the killers of the state chairman of Miyetti Allah Cattle Breeders Association, Surajo Ahmadu, who was attacked and killed in Mai Rana village, Kusada Local Government Area, on Saturday. The command’s spokesman, ASP Abubakar Sadiq, in a statement on Sunday, disclosed that the suspected bandits stormed Surajo’s residence, shot him, and abducted his wife and daughter. The statement read, “On January 4, 2025, at about 11:30am, suspected armed bandits invaded the residence of the Chairman of Miyetti Allah, Surajo Ahmadu,…

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Saudi Govt frees 3 Nigerian female drug traffickers after 10 months in prison

Saudi Arabia has released three Nigerians earlier arrested and prosecuted for alleged drug trafficking. In a statement issued in Abuja on Sunday by the acting spokesperson of the Ministry of Foreign Affairs, Kimiebi Ebienfa, the release followed a high-level diplomatic engagement between the Nigerian government and Saudi authorities. The three Nigerians namely: Hadiza Abba, Fatima Malah and Fatima Gamboi were arrested for alleged possession of a substance suspected to be cocaine while on pilgrimage in Saudi Arabia. According to the statement, they were arrested and prosecuted on March 5, 2024,…

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Again, Northern Elders caution Tinubu against tax reforms

The Northern Elders’ Forum (NEF) has again raised concerns over the Federal Government’s proposed Tax Reform Bills, urging immediate suspension of the implementation and calling for extensive dialogue with stakeholders. The forum criticized the government for failing to engage critical stakeholders and experts before drafting the reforms. NEF expressed its position in a statement on Saturday signed by its Chairman of Management Board, Al-Amin Daggash, highlighting the reforms’ potential adverse effects on Northern Nigeria and the nation as a whole. Daggash said: “Once again, it is necessary to reiterate, that…

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Data Protection Commission threatens heavy fines against violators

The Nigeria Data Protection Commission (NDPC) has announced plans to significantly ramp up enforcement and impose substantial fines on data controllers and processors that violate the Nigeria Data Protection Act (NDPA). This was disclosed by the National Commissioner/CEO of the Commission, Dr Vincent Olatunji, in a video outlining the Commission’s 2025 agenda, shared on its social media platforms at the weekend. Olatunji stated, “For data controllers and processors, there is going to be massive enforcement. We have never really issued any fine, but going forward, you’ll hear us giving heavy…

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TRIBUTE: Good Night Jimmy Carter – the prolific writer and global crusader, by Lanre Ogundipe

As the world celebrates the passage of the phenomenal of a man called- Jimmy Carter, he was not a president of the first rank, but he survived and his impact resonated through the corners of the world by dint of hard work and determination and etched a global recognition in his post – office efforts and stamp his footprint on the sands of time. By devoting himself to the project of promoting world values – peace, political stability and progress. Cater became an iconic world leader, with an inspiring, if…

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Of Hunger Pollutions, And No Solutions: A clarion call to stop further death toll, by Lanre Ogundipe

“When the righteous are in authority, the people rejoice: But when the wicked beareth rule, the people mourn.” -Proverbs 29:2 KJV In Ibadan, Oyo State, 35 children we confirmed lost their lives, with several others hospitalised after a Christmas funfair turned into a chaotic disaster. Organised to distribute cash and food, the event at Islamic High School, Bashorun, was overwhelmed by an unanticipated crowd of over 7,500 people, far exceeding the 5,000 the organisers had planned for. Days later, as if the lives lost the previous days were not enough,…

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From my crystal ball, By Funke Egbemode

It is the fourth day of the year. it’s an opportunity to do something new, refocus your life and do things differently. This is the best time to look back, nod or shake your head, depending on what you see. Was 2024 a year you’ll like to do again what you did or is 2025 a year you are determined to change some things? This is the first Saturday of the year, you probably are not at work. Spend today to process where you were in 2024 and plot where…

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Access Holdings win ‘Company of the Year’ at Nigerian of the Year 2024

Access Holdings Plc., the parent company of Access Bank has emerged as Company of the Year at the Nigerian of the Year 2024 awards The award, instituted in 2010 by National Infinity Magazine, has honoured notable Nigerians and institutions from all walks of life including public servants and business people and has expanded into recognitions for deserving corporate organisations. Biodun Abayomi Oyebanji, the governor of Ekiti State and a well-respected philanthropist monarch from Southwest Nigeria, His Royal Majesty, Oba Adedokun Omoniyi Abolarin, the Orangun of Oke-Ila, in Osun State, were…

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Husband meets Bishop on wife’s bed during early morning visit, stabs him to death

Bishop Shina Olaribigbe of Rapture Empowerment International, Osogbo, was in the early hours of Thursday stabbed to death by an aggrieved husband of one of his church members who met him in his estranged wife’s apartment during an early morning visit. Although details about the couple involved were not immediately available, sources hinted that the woman fighting her husband was attending Olaribigbe’s church located around BCGA Area, where she served as an interpreter. The couple were reported to have had a history of incessant fights, which made them live apart,…

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Port Harcourt, Kaduna refineries, my own story by Obasanjo

Nigeria’s former President, Olusegun O basanjo has revealed new details about Nigeria’s refineries’ woes, recounting failed efforts to privatise the plants and the subsequent alleged financial losses of about $2bn by the facilities under government management. Obasanjo disclosed this on Thursday as the Nigerian National Petroleum Company Limited beckoned the ex-President to visit the recently revamped refineries for a tour. The former President said his successor, Umaru Musa Yar’Adua, rejected a $750m offer from Aliko Dangote, Chairman of Dangote Group, to manage the Port Harcourt and Kaduna refineries in 2007.…

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Tragic: Bride poisons wedding food, one dead, groom, others hospitalised

A wedding in Jigawa State has turned tragic after a bride allegedly poisoned food served at the reception. The incident is said to have left the groom critically ill and one of the wedding guests dead. The incident occurred in the Jahun Local Government Area of the state. Eyewitnesses suggested to PUNCH Online that the bride’s actions may have been driven by a personal vendetta. Speaking to PUNCH Online on Friday, the state Police Public Relations Officer, Shi’isu Adam, confirmed the incident and said an investigation was underway. “We received…

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Ekiti State Gov., Oyebanji, philanthropist King, Adedokun Abolarin named National Infinity Magazine’s Nigerian of the Year 2024

Biodun Abayomi Oyebanji, the governor of Ekiti State and a well-respected philanthropist monarch from Southwest Nigeria, His Royal Majesty, Oba Adedokun Omoniyi Abolarin, the Orangun of Oke-Ila, in Osun State, have been named Nigerian of the Year 2024. The award, instituted in 2010 by National Infinity Magazine, has honoured notable Nigerians and institutions from all walks of life including public servants and business people and has expanded into recognitions for deserving corporate organisations. In recognising Oyebanji, the sixth executive governor of Ekiti State who turned 57 on December 21, in…

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Home based Eagles trash Ghana to qualify for CHAN,

Nigeria’s home-based Super Eagles have secured their place in the 2025 African Nations Championship after a commanding 3-1 victory over Ghana’s Black Galaxies at the Godswill Akpabio Stadium in Uyo on Saturday. Following a goalless draw in the first leg in Accra, the Eagles dominated the return fixture with three first-half goals. Remo Stars duo Sodiq Ismail and Nduka Junior put Nigeria ahead within the opening 22 minutes before Rangers’ Kazeem Ogunleye extended the lead in the 25th minute. Ghana pulled one back through Stephen Amankuna in the 73rd minute,…

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VeePee Shettima apologises to families affected by Sokoto bombing

Vice President Kashim Shettima has tendered an apology to the families of victims affected by the recent bombing in Silame Local Government Area, Sokoto State. The airstrikes, carried out on Wednesday, December 25, targeted a logistics base of the Lakurawa insurgent group in two communities within the area but tragically claimed the lives of ten civilians. Three days later, Shettima expressed his heartfelt condolences to the families of those inadvertently affected by the military operation against the terrorist group. Describing the incident as a rare and tragic occurrence, he noted…

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Fashola’ wife speaks on hubby’s love child

Abimbola Fashola, wife of Babatunde Fashola, former governor of Lagos, has denied the accusation that her husband had children outside wedlock. In an interview monitored on News Central television on Thursday, the former first lady of Lagos said there is a source through which she gets political updates about her husband. Abimbola did not provide any information when asked about her husband’s “strained” relationship with his predecessor, Bola Tinubu, during Fashola’s second term as governor of Lagos. “My husband doesn’t discuss political things with me. I don’t get to hear…

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Owa Obokun: Adeboye’s annointed, Adeyokunu loses out as Gov. Adeleke approves Prince Hastrup

Osun State Governor, Senator Ademola Adeleke has approved with immediate effect, the appointments of both Prince Adesuyi Haastrup as the new Owa Obokun Adimula of Ijesha land and Prince Johnson Adekanmi Abikoye as the new Asaoni of Ora Igbomina A press statement issued by the Hon.Commissioner for Information and Public Enlightenment, Oluomo Kolapo Alimi, to that effect, indicates that the approval of the two monarchs was ratified and approved during the seating of the Osun State Executive Council Meeting presided over by its Chairman and Governor of Osun State, Senator…

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Greenwich Group celebrates 30th Anniversary, set to break new territories

The Greenwich Group, a leading financial solutions provider in Nigeria, is celebrating 30 years of delivering innovative financial solutions tailored to the evolving needs of stakeholders while contributing to the growth and development of the Nigerian economy. The lead institution, formerly known as Greenwich Trust Ltd, has transitioned from its early days as a Financial Adviser and Issuing House into a Merchant Bank. In March 2024, Greenwich Merchant Bank was granted an Approval- In-Principle (AIP) by the Central Bank of Nigeria (CBN) for a non-operating financial holding company structure. Today,…

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Fmr-Pres. Jonathan’s ex-ADC, Jituboh dies

A former Aide de Camp to ex-President Goodlick Jonathan , Deputy Inspector General of Police DIG Moses Jitoboh, rtd., is dead. Jitoboh reportedly died in the early hours of Friday Jitoboh was the ADC to former President Goodluck Jonathan when he was the Vice President of Nigeria. In 2023 he sued the Nigerian Police for his prematured retirement from the force having not attained the compulsory retirement age of 60 or 35 years in service He is from Bayelsa State

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Access Holdings Plc secures full regulatory approvals for recently closed rights of ordinary shares

Access Holdings Plc (‘the Company’) today announces that it has secured the full regulatory approvals of the Central Bank of Nigeria and the Securities and Exchange Commission of its recently closed Right Issue of 17,772,612,811 Ordinary Shares of 50 Kobo each at N19.75 Kobo per share (‘the Rights Issue’) and has raised the target amount of N351,009,103,017.25. This development has positioned the Company’s flagship subsidiary, Access Bank Plc (‘the Bank’) as the first bank to meet the Central Bank of Nigeria’s N500 billion minimum capital requirements for Banks with International…

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Nigeria’s military authority reacts to alleged bombing of civilian target in Sokoto raid

Nigeria’s military authorities have cleared the air on allegations that its recent operations in Northwest of Nigeria bombed two communities in Silame Local Government Area of Sokoto State, leaving many villagers dead while several others injured. Spokesman for Operation Fansan Yamma, Lieutenant Colonel Abubakar Abdullahi, did not confirm if military jets struck the communities, he however admitted that there is a significant risk that Lakurawa and other terrorist groups “may attempt to undermine military successes through media disinformation, necessitating caution concerning unverified claims, especially in the ongoing fight against terrorism…

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Full List: Interpol declares 14 Nigerians wanted for drugs, fraud, robbery

The International Police has declared no fewer than 14 Nigerians wanted for offences ranging from human trafficking, drug trafficking, robbery, cheating, and forgery, among others. According to Red Notices published on the INTERPOL website, the 14 Nigerians were wanted by different countries where they had allegedly committed the crime. The notices identified the wanted persons as Felix Omoregie, Jessica Edosomwan, Uche Egbue, Jude Uzoma, Chinedu Ezeunara, Benedict Okoro, Ikechukwu Obidiozor, and Alachi Stanley. Others are Bouhari Salif, Timloh Nkem, Austine Costa, Okromi Festus, Akachi Vitus and Mary Eze. According to…

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Christmas: Its low key, as consumers lament high prices

As Nigerians celebrate Christmas, traders across various markets in Nigeria are lamenting poor patronage amid skyrocketing food prices, a sharp contrast to the festive sales experienced in previous years. In Lagos, Abuja, Osun, Rivers, Edo, Kano, Kaduna, and Sokoto, among other states, traders decried the high cost of food items and ever-increasing food inflation on the jump in the petrol pump prices nationwide. This came as consumers of food commodities called on the Federal Government to work hard to address the spike in Nigeria’s inflation, as they lamented their inability…

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I stand by my words, Farotimi reacts after release from prison

A human rights advocate, Dele Farotimi, has been released from the correctional centre in Ekiti State after meeting his bail conditions. Farotimi was released on Tuesday morning. Last week Friday, at a magistrate court in Ado-Ekiti, the state capital, granted Farotimi bail conditions, including a N30 million bond, two sureties, one of whom must be a property owner, a submission of Farotimi’s passport and a prohibition of Farotimi granting media interviews once released. However, addressing media personnel after his release, Farotimi said he had never had any course to lie…

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