News

A United States (US) district court has ordered the interim forfeiture of a property in California linked to Paulinus Okoronkwo, a Nigerian American, alleged to have been acquired with proceeds from bribery. Okoronkwo is a former general manager of the Nigerian National Petroleum Corporation (NNPC), now NNPC Limited. In September, …

The Naira yesterday appreciated to N1,495 per dollar in the parallel market from N1,500 per dollar on Monday. But the Naira depreciated to N1,464.5 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 …

Telecommunications giant, Globacom, has recorded another milestone at the weekend as it powered the 2025 Ofala festival to another successful conclusion. The event also sealed the company as Nigeria’s biggest supporter of culture. This year’s festival featured the Iru Ofala on Friday and the Azu Ofala on Saturday at the …

Aloy Ajimakor, one of the lawyers to Nnamdi Kanu, the detained leader of Indigenous Peoples of Biafra,IPOB was arrested on Monday morning as the protests for the release of the secessionist leaders get underway in Abuja. Ejimakor, in a post on his X handle said he was arrested alongside Prince …

The Federal Government has reaffirmed that English Language and Mathematics remain compulsory subjects for all students registering for their O’Level examinations, despite the recent streamlining of admission requirements into tertiary institutions. In a statement issued by the Federal Ministry of Education and signed by the Director of Press and Public …

By BLAISE UDUNZE Across Africa, banks are getting bigger but not necessarily better. From South Africa’s Standard Bank to Morocco’s Attijariwafa and Egypt’s National Bank, financial institutions are boasting record balance sheets, higher Tier 1 capital, and growing regional footprints. According to African Business magazine’s 2025 ranking of the continent’s …

A Real Estate firm, Adron Homes and Properties, has restated its commitment to empowering the community through the provision of affordable houses for Nigerians. This, as it was stated by the Chairman of Adron Homes, Sir Adetola Emmanuelking KOF, during the official unveiling of the Lemon Plus Friday in Ibadan, …

It feels just like yesterday, yet 355 days have passed since the peaceful transition of Mrs. Modupe Temitope Dada, beloved wife of Mr Mike Dada, President and Executive Producer of All Africa Music Awards (AFRIMA). A one-year memorial service in her honour will be held on Sunday, October 19, 2025, …

WorldStage– Former Labour Party presidential candidate, Peter Obi, has filed a defamation lawsuit against activist Deji Adeyanju at the Anambra State High Court, Onitsha Judicial Division. The suit, filed on October 3, 2025, through Obi’s lead counsel, Alex Ejesieme (SAN), arises from allegedly defamatory statements Adeyanju made on social media …

Former Vice President Atiku Abubakar yesterday said he had been vindicated over his revelation that the coastal highway cost was too high. Atiku also demanded that the project be subjected to an independent value-for-money audit. He said further payments should be suspended until Nigerians were assured that the project genuinely …