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First Bank Defends Legal Action Against General Hydrocarbons

First Bank of Nigeria Limited has dismissed recent media reports accusing it of abusing court processes in its legal dispute with General Hydrocarbons Limited (GHL), labelling them as false and misleading. In a statement issued on Tuesday, the bank clarified that it had met its obligations under the terms of the loan agreements. The dispute, […]

Banks Face ₦1.35bn Total Fines Over Yuletide ATM Cash Scarcity

In a decisive move against cash distribution failures, the Central Bank of Nigeria (CBN) has penalised nine Deposit Money Banks (DMBs) for failing to ensure the availability of naira notes via automated teller machines (ATMs) during the festive season. Each bank was fined ₦150 million for breaching the CBN’s cash distribution guidelines. The penalties were […]

Defence Chief Reveals Foreign Funding Behind Nigeria’s Terrorism Crisis

The Chief of Defence Staff (CDS), General Christopher Musa, has confirmed that terrorist groups operating in Nigeria are receiving foreign funding to further their destabilisation agenda. Speaking on Arise News Channel’s Morning Show, Musa explained that some surrendered terrorists, as well as those apprehended by troops, were found in possession of foreign currency. He added […]

Nigeria’s National Grid Faces Ongoing Threat of Collapse Amid Security Challenges

The national electricity grid in Nigeria will continue to face frequent collapses due to the government’s inability to repair a key transmission line in the north, which has been compromised by persistent insecurity. This was disclosed by the Minister of Power, Adebayo Adelabu, during the 2025 budget defence session with the Senate Joint Committee on […]

Mojisola Meranda Makes History as Lagos Assembly’s First Female Speaker

In a historic move, Mojisola Lasbat Meranda has been elected as the Speaker of the Lagos State House of Assembly, making her the first woman to hold the position in the state’s legislative history. Meranda’s election followed the impeachment of Mudashiru Obasa during the House’s plenary session on Monday. Prior to her appointment, she served […]

Breaking News: Speaker Obasa Impeached Amid Accusations of Corruption in Lagos Assembly

The Lagos State House of Assembly has impeached its speaker, Mudashiru Obasa, over allegations of statutory and financial infractions. Following the impeachment, Obasa was replaced by his deputy, Mojisola Meranda, who represents Apapa Constituency 1 and previously served as the House’s Chief Whip. Mojeed Fatai has now been appointed Deputy Speaker. Obasa’s tenure has been […]

Oyo’s New Alaafin Officially Installed as Governor Makinde Confers Staff of Office

Governor Seyi Makinde of Oyo State on Monday officially presented the certificate of appointment and staff of office to Prince Akeem Abimbola Owoade, marking his formal installation as the 46th Alaafin of Oyo. The ceremony, held at the Government House in Agodi, Ibadan, was attended by dignitaries, traditional rulers, government officials, and enthusiastic indigenes of […]

Military Personnel Banned from Homosexuality and Cross-Dressing Under New FG Rules

The Federal Government of Nigeria has officially prohibited members of the Nigerian Armed Forces from engaging in homosexuality, bestiality, cross-dressing, and other behaviours deemed contrary to the revised Harmonised Armed Forces Terms and Conditions of Service (HAFCTCS). The updated terms, signed by President Bola Tinubu on 16 December 2024, also ban body piercing, tattooing, drunkenness, […]

Obasanjo Recalls Jimmy Carter’s Bold Visit to Free Him from Abacha’s Prison

Former Nigerian President Olusegun Obasanjo has paid tribute to the late US President Jimmy Carter, recalling how the American leader personally intervened to seek his release from imprisonment during the military regime of General Sani Abacha. Speaking at a memorial service on Sunday in honour of Carter, who died aged 100, Obasanjo described the visit […]

NDLEA Busts Shrine-Based Drug Syndicate, Arrests Priest in Lagos

Operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested a traditional chief priest, Bariu Aliu, also known as “Malo”, in connection with a drug syndicate operating from the Igunuko Shrine in Alpha Beach, Ajah, Lagos State. NDLEA spokesperson Femi Babafemi announced the arrest on Sunday, following a three-month manhunt. The suspect was apprehended […]

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