Chukwudimeme Onwuamadike, the kidnapping kingpin popularly known as Evans, has opted for a plea bargain agreement in a case bordering on kidnapping and attempted murder. As part of his plea bargain, Evans has offered to surrender his 14 brand-new trucks to the Lagos state government. He agreed that the trucks …
Read More »Intensify efforts to rescue Leah Sharibu, CAN urges FG
The Christian Association of Nigeria has urged the Federal Government to redouble its efforts to secure the release of Leah Sharibu, who was kidnapped seven years ago on February 19, 2018. Leah Sharibu was among 110 schoolgirls abducted by Boko Haram terrorists from the Government Girls Science and Technical School …
Read More »‘Fraud’: Fatima Sanda, NAHCON spokesperson, others arrested by EFCC
Fatima Sanda, the public affairs director of the National Hajj Commission of Nigeria, NAHCON, were among officials of the Commission who were arrested by the Economic and Financial Crimes Commission (EFCC) for alleged fraud and money laundering. Fatima Sanda and three other NAHCON officials were arrested on Tuesday at the …
Read More »CBN retains interest rate at 27.5%
The Central Bank of Nigeria, CBN, has retained the Monetary Policy Rate, MPR, its benchmark interest rate at 27.5%. Olayemi Cardoso, governor of the CBN, disclosed this at the end of the Monetary Policy Committee (MPC) meeting of the apex bank on Thursday. The apex bank also retained the Cash …
Read More »Lokoja varsity students threaten to block highway over fatal accidents
Protesting students of Federal University Lokoja, FUL, on Wednesday threatened to block the Abuja-Lagos Highway if the federal government failed to stop the incessant killing of their colleagues by trucks. Benjamin Timothy, FUL President, Student Union Government, SUG, who made the threat during the procession at the Falele Campus, Lokoja, …
Read More »I regret annulling June 12 election, Abiola truly won – Ibrahim Babangida
Former Military President Ibrahim Badamasi Babangida, also known as IBB, has publicly expressed regret over the annulment of the June 12, 1993, presidential election. At the launch of his autobiography, “A Journey in Service,” in Abuja on Thursday, Babangida took full responsibility for the cancellation, acknowledging that mistakes were made …
Read More »Union Bank, others facing potential mergers, licence downgrades – Fitch
Fitch Ratings has issued a warning that Union Bank of Nigeria (UBN) and other tier-3 banks in Nigeria may face mergers, acquisitions, or a downgrade of their licences due to difficulties in meeting the Central Bank of Nigeria’s (CBN) new paid-in capital requirements. The global credit rating agency in a …
Read More »Lagos Lawmakers Commend LIRS on Historic N1 Trillion Revenue Milestone
Legislators in Lagos State have commended the Lagos State Internal Revenue Service (LIRS) for achieving an unprecedented milestone in revenue generation, surpassing ₦1 trillion. This landmark accomplishment positions LIRS as the first sub-national revenue agency in Nigeria to attain such a feat, reflecting its professionalism, efficiency, and commitment to transparent tax …
Read More »NNPP chieftain Ajadi mourns Edwin Clark, says Nigeria lost a great leader
Olufemi Ajadi, a prominent chieftain of the New Nigeria People’s Party (NNPP), has expressed his profound sorrow over the passing of the leader of the Pan Niger Delta Forum, Edwin Clark, who departed this mortal coil at the age of 97. In a poignant statement released to the press on …
Read More »Elon Musk’s xAI unveils ‘smartest AI on earth’ Grok 3
The artificial intelligence (AI) race took another leap forward on Monday as xAI, the AI company founded by Elon Musk, unveiled Grok 3, its latest chatbot model. Prior to the launch, Musk had boasted that Grok 3 would be the “smartest AI on Earth”. During a live demonstration on Monday, …
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