News

Former CBN Godwin Emefiele at Federal High Court in Abuja… on Thursday (CREDIT: Olukayode Jaiyeola) The embattled former Central Bank Governor, Godwin Emefiele, has been granted bail in the sum of N50m after being charged with a 26-count bordering on alleged abuse of office and irregular allocation of $4.5 billion and …

No fewer than five firms have been linked with former Central Bank of Nigeria (CBN) Governor Godwin Emefiele in the latest 26-count charge of alleged fraud and corruption filed against him by the Economic and Financial Crimes Commission (EFCC). At least four of the firms have Lagos addresses, our investigations …

The Honourable Mohammed Ibrahim Idris, a former member of the House of Representatives and the son of a former governor of Kogi State, Ibrahim Idris, died today, Wednesday, in Abuja.   He represented Ankpa, Olamaboro and Omala federal constituencies at the lower chamber of the National Assembly. It was gathered …

Ahmad Olanrewaju Belgore, a retired Justice of the Court of Appeal (JCA), has passed away. The news of Belgore’s demise was announced on Tuesday night by the chairman of the Nigeria Bar Association (NBA), Ilorin branch, Kwara State, Kamaldeen Gambari, Esq. “Information reaching me now indicates that Hon. Justice Ahmad …

Onyema, while featuring on Channels TV on Tuesday night said that there was an “unspoken alliance” among foreign airlines to use lower pricing to eject Air Peace from the Nigeria-London route it recently started. Allen Onyema, Chairman of Nigeria’s indigenous carrier Air Peace, has berated foreign airlines operating the Nigeria-UK …

  Rivers CP, Tunji Disu   Controversy now surrounds the killing of Uche Orukwo, the 30 years old member of a vigilante group allegedly killed in Mile 2 Diobu,Port Harcourt Rivers State last Saturday by cultists. Orukwo, according to earlier information, was allegedly killed by suspected cultists when members of …

The coalition in a statement by its national coordinator, Comrade Chinedu Bosah, demanded its immediate reversal of the tariff increase and urged the privatisation of the power sector. The Coalition for Affordable and Regular Electricity (CARE) has faulted the recently announced increase in electricity tariff by the Nigerian Electricity Regulatory …

NLC President, Joe Ajaero The Labour Party on Tuesday referred to the sack of Julius Abure-National Working Committee by the Nigeria Labour Congress (NLC) as a bluff. This is as the union confronted the NLC President Joe Ajaero, to state his true intentions for the presidency ahead the 2027 General …

According to the statement, the investigator highlighted the misinformation being circulated, particularly referencing outdated news reports from six weeks ago, which do not accurately reflect the current status of the investigation. The suspended Minister of Humanitarian Affairs and Poverty Alleviation Dr Betta Edu says she is not being investigated for …

Geregu Power Plc has generated N50.4bn on electricity sales and capacity charges to Nigerians in the first quarter of 2024. The power company which is the first listed power company of the Nigerian Exchange Ltd disclosed the performance in its Q1, 2024 financial statement, analysed . The company grew its …