Justice Chukwujekwu Aneke of the Federal High Court in Lagos has approved a bail amount of N20 million for music producer Ezekiel Onyedikachi, popularly known as EeZeeTee, in relation to a recent allegation of $255,000 forex transaction fraud brought against him by the Economic and Financial Crimes Commission (EFCC). In a concise ruling delivered on…
The Nigerian military has detailed its findings regarding the predominant role of foreign herders in violent attacks on local communities and the killings of farmers in Plateau, Benue, and other regions across the nation. Maj.-Gen. Markus Kangye, the Director of Defence Media Operations, shared these insights during a press briefing on Thursday. When questioned by…
The Vatican announced on Thursday that Robert Francis Prevost has been elected as the first pope from the United States. A moderate figure with a strong connection to Pope Francis, Prevost has dedicated years to missionary work in Peru. He will serve as the 267th pontiff of the Catholic Church, adopting the papal name Leo…
On Thursday, white smoke emerged from the chimney of the Sistine Chapel, signaling that the cardinals inside had elected a new leader for the 1.4 billion members of the Catholic Church. The sight of the smoke prompted cheers and applause from thousands of pilgrims and spectators gathered in St. Peter’s Square, as the bells rang…
Gamblers are staking millions of dollars to predict who will emerge as new pope as betting sites place odds on the candidates as the Catholic Church cardinals sweat to pick a new pontiff. Polymarket, an American cryptocurrency-based betting site, has placed odds on candidates who will emerge. Similarly, Kalshi, another American betting site, is coordinating…
The Director General of the Standard Organisation of Nigeria (SON), Dr Ifeanyi Chukwunonso Okeke, has raised the alarm over the increasing presence of fake and substandard products in major markets across the country. Okeke, while raising the alarm, said the products were imported into the country by those he described as economic saboteurs. The…
President Bola Tinubu has mandated the formation of a Presidential Task Force aimed at eliminating numerous checkpoints that impede free movement. Ambassador Musa Nuhu, Nigeria’s Permanent Representative to ECOWAS, revealed this initiative during a visit to the Nigeria-Benin Republic border in Seme on Wednesday. “We are commencing with the Seme-Badagry Corridor. A committee has been…
Arsenal’s bid to win the Champions League for the first time is over after they suffered a 2-1 second-leg defeat to Paris St Germain at the Parc des Princes. Mikel Arteta’s players were already one goal down in the semi-final first leg, and, despite a strong start, they were two behind in the tie when…
The Securities and Exchange Commission (SEC) has commenced a comprehensive technology adoption survey targeted at registered Capital Market Operators (CMOs), in a bid to boost innovation and efficiency within the Nigerian capital market. In a circular released on Wednesday, the Commission said the assessment aims to evaluate how extensively CMOs are embracing advanced technologies in…
The naira yesterday depreciated to N1, 610 per dollar in the parallel market from N1,605 per dollar on Tuesday. Similarly, the Naira depreciated to N1,612 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN showed that the exchange rate for the naira rose to N1,612 per…
