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Abacha Loot: Tinubu Hails France for Returning $150 Million

Bola Tinubu, President of Nigeria, has expressed his gratitude to France for returning $150 million stolen by former Head of State, General Sani Abacha. He also acknowledged a €100 million agreement between Nigeria and France to support the i-DICE program, a Federal Government initiative aimed at promoting investment in Information and Communications Technology (ICT) and […]

Tinubu Seeks NASS Approval for $7.8 Billion and €100 Million Loan

President Bola Ahmed Tinubu has formally submitted a request to the National Assembly for approval to secure a loan of $7.865 billion and €100 million as part of the 2022–2024 External Borrowing Rolling Plan. Speaker Tajudeen Abbas, who read the President’s letter, conveyed the purpose of this request, stating, “I am writing to address the […]

Zenith Bank Achieves Exceptional Q3 2023 Results With Triple-Digit Growth

Zenith Bank Plc has released its unaudited financial results for the third quarter ending on September 30, 2023, showcasing an impressive 114% increase in total revenue, soaring from N620.6 billion in Q3 2022 to N1.33 trillion in Q3 2023. This remarkable performance underscores the Group’s resilience and substantial market share, even in the face of […]

‘AI’ Chosen as Collins Word of the Year for 2023

The abbreviation for artificial intelligence (AI) has been declared the Collins Word of the Year for 2023, according to the dictionary publisher. Lexicographers at Collins Dictionary noted that the use of this term had seen a significant surge, making it the dominant topic of discussion in 2023. Collins managing director, Alex Beecroft, highlighted how AI […]

No Plan To Redenominate Naira, CBN Insists

The Central Bank of Nigeria (CBN) has clarified that it has no intention of redenominating the Nigerian currency, the Naira. CBN’s Director of Corporate Communications, Isa AbdulMumin, made this statement in Abuja and urged Nigerians to disregard a circulating text message claiming that a new currency would be introduced in January 2024. AbdulMumin expressed concern […]

NLC Mulls Boycott of Meeting with Federal Government

Today’s meeting between the Federal Government and Labor to review the Memorandum of Understanding (MoU) aimed at preventing the planned October 3 strike is in jeopardy. NLC President Joe Ajaero stated that if Labor Minister Simon Lalong attends the meeting, his team will boycott the discussion, which was arranged by the Office of the Chief […]

EFCC Detains Emefiele After DSS Release

The Economic and Financial Crimes Commission (EFCC) has initiated a comprehensive investigation into the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. This investigation revolves around alleged foreign debts of $15 billion and the utilization of N74.84 billion for the production and circulation of new naira notes. These allegations complement the existing […]

Supreme Court Affirms Bola Tinubu’s Election as President

In a final verdict issued on Thursday, the Supreme Court upheld the election victory of Bola Ahmed Tinubu, the All Progressive Congress (APC) presidential candidate, by dismissing the appeals of the Peoples Democratic Party (PDP) candidate, Atiku Abubakar, and his Labour Party (LP) counterpart, Peter Obi, for lack of merit. Justice John Inyang Okoro, delivering […]

#EndSars: Falana Urges Minister to Reconsider N500 Million Fine for Convicts

Lawyer and Human Rights activist, Femi Falana, has called on Minister of Interior, Olubunmi Tunji-Ojo, to reconsider the planned payment of N500 million for the release of convicts in correctional facilities across Nigeria. This decision comes on the third anniversary of the 2020 #EndSARS protests against police brutality. The minister had proposed the payment of […]

Tinubu, Atiku, Obi Await Supreme Court Judgment Today

The Supreme Court is set to announce its decision today, just 72 hours after hearing two appeals challenging President Bola Tinubu’s election victory. This judgment will mark the conclusion of the legal disputes surrounding the 2023 presidential election. Both the People’s Democratic Party (PDP) presidential candidate, Alhaji Atiku Abubakar, and his Labour Party (LP) counterpart, […]

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