archiveMay 2, 2024

  A Federal High Court sitting in Lagos, today, Thursday adjourned the charge filed against the internet socialite, Okechukwu Pascal, (Cubana Chief Priest) due to the plea bargain initiated with the Economic and Financial Crimes Commission (EFCC). At the resumption of the trial today, Cubana Chief Priest’s counsel, Chikaosolu Ojukwu...

  Operatives of the Nigeria Police Force said it has arrested the alleged mastermind behind the violent assault on the Abuja-Kaduna passenger train in March 2022. The Police Public Relations Officer, ACP Olumuyiwa Adejobi, disclosed this during a press briefing in Kaduna on Thursday, May 2, 2024. Adejobi identified the...

    we are Oliver Twists- NLC Chairman Governor Ademola Adeleke has reaffirmed his administration's commitment to workers’ welfare, affirming that his records on labour matters confirmed his genuine love for Osun workers. Addressing the May Day rally in Osogbo on Wednesday, the State Governor said his government has paid...

  In line with its upward growth trajectory, leading financial institution, Fidelity Bank Plc, has posted an impressive 120.1% growth in Profit Before Tax from N17.9bn at the end of Q1 2023 to N39.5bn for Q1 2024. This was made known in the Bank’s unaudited financial statements released on the...

  The Director, Defence Media Operations, Maj -Gen. Edward Buba, has said that  12 personnel of the Nigerian Army are facing a court martial in respect of the bombing incident at Tudun Biri in Kaduna State. Buba made this known while briefing newsmen on Thursday in Abuja on the operations...

The Academic Staff Union of Universities, (ASUU) Abuja chapter, has begun an indefinite strike to draw attention to developments bordering the union. The Abuja chapter of ASUU announced its decision to embark on the strike on Thursday at the end of its congress, held at the Permanent Site of the...

  The Lagos State Commissioner for Environment and Water Resources, Tokunbo Wahab, on Wednesday, said the government discovered an apartment under the Dolphin Estate Bridge, Ikoyi, where tenants pay N250,000 annual rent. According to the commissioner, the under-bridge apartment has 86 partitioned rooms, sized “10×10 and 12×10”. Wahab shared this...

  An Abuja Federal High Court on Thursday adjourned a money laundering trial involving Binance and two of its executives to May 13. Binance, Tigran Gambaryan, a U.S. citizen and head of financial crime and Nadeem Anjarwalla are facing trial for laundering over $35 million. The suit which was filed...

The Competition and Consumer Protection Tribunal in Abuja, has ordered that its interim order, restraining MultiChoice Nigeria Limited from increasing the DSTV tariff, be pasted at the firm’s corporate headquarters, or any known address of the branches across Nigeria. The chairman of the tribunal, Saratu Shafii, who made the order...

The Nigeria Deposit and Insurance Corporation (NDIC) has reviewed the maximum deposit insurance coverage for deposit money banks (DMBs) from N500,000 to N5,000,000 and this would provide full coverage of 98.98 per cent of the total depositors compared with the current cover of 89.20 per cent. The Managing Director, Mr...