No fewer than 27 persons have been reportedly hospitalised following the crash of a digital asset trading platform known as CBEX in Oyo State. Nigerians who were said to have subscribed to what is now regarded as a Ponzi scheme took to their various social media platforms to lament their losses after CBEX allegedly swept…
Governor Umo Eno of Akwa Ibom State has given the federal government, led by President Bola Tinubu, a pass mark in infrastructural development and other positive imprints across different sectors of the nation’s economy. For these achievements, Gov Eno, despite being a staunch member of the opposition Peoples Democratic Party (PDP), has vowed to throw…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has raised the alarm over the potential threat posed to Nigeria’s oil revenue by renewed protectionist policies rolled out by United States President Donald Trump. NMDPRA Chief Executive Officer, Farouk Ahmed, who addressed journalists at the State House on Tuesday, said Trump’s aggressive tariff regime targeting…
The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has expressed dissatisfaction with the finishing of the construction of a Bus and Taxi Terminal in Mabushi, Abuja. The minister expressed his dissatisfaction in Abuja on Tuesday, after he inspected the terminal, which was 90 per cent completed. He visited the site after he…
A Metropolitan Police officer has been jailed for more than four years for rape. The officer was found guilty of raping a woman at an address in London on May 11, 2021, after a trial at Inner London Crown Court earlier this year, Scotland Yard said. He was sentenced to four years and six months’…
The Nigerian Red Cross Society (NRCS), Yobe branch, on Tuesday, shared N77,000 to each of the 1,000 victims of the 2024 flood disaster in three Local Government Areas (LGAs) of the state. The News Agency of Nigeria (NAN) reports that the LGAs include Fune, Bursari, and Gulani. NAN also reports that each beneficiary received an…
Gov Babajide Sanwo-Olu of Lagos State has described the death of a former Guardian Cartoonist, Mr Olaseinde Obe, fondly known by his signature ‘Obe Ess’, as a great loss to the media industry. Obe Ess, 68, was a legendary figure in Nigerian journalism. He spent many years at The Guardian newspaper, where his cartoons became…
The Minister of Marine and Blue Economy, Adegboyega Oyetola, has directed NIMASA to begin the disbursement process for the Cabotage Vessel Financing Fund (CVFF). Oyetola issued the directive in a statement on Tuesday by Dr Bolaji Akinola, Media and Communications Adviser to the Minister. The minister said the CVFF disbursement would yield significant benefits, including…
Sergei Naryshkin, the head of Russia’s foreign intelligence service has reiterated Russia’s conditions for ending the war in Ukraine. Russian state news agency, TASS quoted Naryshkin as saying that Ukraine must renounce its ambitions to join NATO and give up territories annexed by Moscow if the Ukraine war was to end. “The conditions of the…
The Customs Area Controller, Nigeria Customs Service (NCS), PTML Command, Comptroller Tenny Daniyan, says the command generated N90.2 billion in Q1 2025. Daniyan revealed this during a management meeting held in Lagos on Tuesday. He stated that the Q1 2025 revenue exceeded that of Q1 2024, showing improved performance. In Q1 2024, the command generated…
