EFCC gave a reason for withdrawing the charges against Oba Otudeko The Federal High Court in Ikoyi, Lagos, on Wednesday struck out the N12.3 billion fraud charge filed by the Economic and Financial Crimes Commission (EFCC) against the Chairman of Honeywell Group, Oba Otudeko, following the withdrawal of the case …
Read More »Why Borno local governments cannot pay N70,000 National Minimum Wage – State government
The Borno government stated that the process for implementing the new minimum wage stalled because of the unusually high number of local governments staff Borno State says its local governments cannot implement the ₦70,000 minimum wage because they are overstaffed. Therefore, the state government said it has directed the chairpersons …
Read More »Fitch downgrades Ecobank Nigeria’s viability rating to ‘f’
Credit ratings agency Fitch Ratings has downgraded Ecobank Nigeria’s viability rating to ‘f’ from ‘ccc.’ A viability rating assesses a financial institution’s intrinsic creditworthiness, including its standalone strength and capacity to weather economic downturns. The downgrade of the viability rating to ‘f’ “reflects Fitch’s view that the bank has suffered …
Read More »NNPC Ltd dismantling bottlenecks to self-sufficient refining sector in Africa – Ojulari
The Group Chief Executive Officer of NNPC Ltd., Engr. Bashir Bayo Ojulari, has reaffirmed the Company’s commitment to dismantling structural bottlenecks hindering the realisation of a self-sufficient refining ecosystem in Africa. Ojulari disclosed this while delivering a keynote address titled “Building an African Refinery Hub” at the Global Community Insights …
Read More »Rising artist Ayo Maff sued for breach of contract
Nigerian singer Ayo Maff has been sued by his record label Tunesbid Limited, for allegedly breaching their signed agreement. The label on Instagram accused Ayo Maff and his management of violating their record agreement. The label claimed that it funded the singer’s popular tracks and warned show promoters from associating …
Read More »Child Comedienne, Emmanuella turns 18
Nigerian child comedienne Emmanuella Samuel has began her journey to adulthood as she marked her 18th birthday on Tuesday. Known for her roles in popular Mark Angel Skits as a child, the young actress received an outpour of love from her fans and followers She shared stunning pictures of herself …
Read More »FG releases 2025 common entrance results
The Federal Government has finally released the 2025 National Common Entrance Examination (NCEE) results for admission into Junior Secondary School (JSS1) across 80 Federal Unity Colleges. Minister of State for Education, Prof. Suwaiba Ahmad, made the announcement in Abuja on Wednesday, describing the moment as “a step forward for basic …
Read More »NAF jets hit terrorists moving from Zamfara to Niger: 95 killed
Nigerian Air Force (NAF) fighter jets have eliminated no fewer than 95 terrorists intercepted on their way from Zamfara State to Niger State on Tuesday. The airstrikes against the terrorists were launched by the Air Component of Operation Fasan Yamma around Ragada and Warari villages in Rijau Local Government Area …
Read More »Peter Obi Best Positioned To Challenge Tinubu In 2027 — Peter Ameh
A former chairman of the Inter-Party Advisory Council (IPAC), Peter Ameh, has said that former Labour Party presidential candidate, Peter Obi, remains the strongest opposition figure capable of defeating President Bola Tinubu in the 2027 general election. Ameh, who spoke during an interview with Arise TV on Wednesday, argued that …
Read More »CBN Data: Nigeria’s foreign reserves rise by $200m in 30 days to hit $37.94bn
Nigeria’s external reserves increased by $200.26 million, or 0.53 percent, over a one-month period rising from $37.738 billion on June 18, 2025, to $37.938 billion as of July 18, 2025 according to data from the Central Bank of Nigeria (CBN). The 30-day moving average between June 18 and July 18 …
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