Legal practitioner and a shareholder of MTN Nigeria Communications Plc, Emeka Nnubia, has appealed the judgment of a Federal court in Lagos, on the powers of the Federal Competition and Consumer Protection Commission (FCCPC) to prevent anti-competitive practices. In the judgment delivered on February 7, 2025, the court affirmed the FCCPC’s powers to prevent anti-competitive […]
Ukrainian President Volodymyr Zelensky said he was ready to swap land in negotiations with Russia, which freed at least one American prisoner in what US President Donald Trump described Tuesday as a goodwill gesture on ending the war. Zelensky has in the past refused to cede any territory after Russia’s invasion of Ukraine in February […]
At 83.2 per cent, Millennials and Gen Zs are increasingly dominating the number of Africans abroad remitting money to the continent. Africa’s leading payments technology company, Flutterwave, revealed that Africans between ages 18 and 34 abroad had increased and had continued to support families at home. This is contained in its Send App 2024 Remittance Industry […]
Jordan’s King Abdullah II faces a tense meeting with Donald Trump at the White House Tuesday as he leads opposition from Arab nations to the US president’s controversial Gaza takeover plan. The talks come a day after Trump said he could “conceivably” halt billions of dollars in US aid to both Jordan and Egypt if […]
The Federal Government of Nigeria has pledged to take diplomatic action and engage with relevant authorities to address the suspension of the drop box service for Nigerians renewing their US visas. The Chairman of the House of Representatives Committee on Foreign Affairs, Oluwole Oke, revealed this when he featured on Channels Television’s Sunrise Daily programme […]
A group, the Edo Odion movement, on Tuesday called on President Bola Tinubu to direct the attorney general of the federation and the inspector general of police to enforce local government autonomy in Edo State. The group also disclosed that using finance as a tool for political coercion undermines democracy, weakens local governance, and erodes […]
Operatives of the Rivers State Police Command have arrested a 35-year-old notorious cultist and armed robbery suspect identified as Innocent Chigozie, who had been terrorizing farm lands at Uzo Afor road in Okahia Community, Elele, Etche LGA. The suspect, who is the leader of a cultist gang, was arrested on January 30, 2025, at about […]
The Central Bank of Nigeria has eliminated the three free monthly withdrawals previously allowed for customers using other banks’ ATMs. In a circular dated February 10, 2025, the apex bank directed all banks and financial institutions to implement new ATM withdrawal charges from March 1, 2025. This means customers will now pay for every withdrawal made […]
The Federal Government has set aside ₦100 billion in the proposed 2025 budget to install solar mini-grids in selected federal universities, teaching hospitals, and government institutions, pending approval by the National Assembly. The Managing Director of the Rural Electrification Agency (REA), Abba Aliyu, confirmed the initiative under the National Public Sector Solarisation Initiative, a programme […]
The Federal Government has launched the Nigeria Raw Materials Management Information System, a digital platform designed to enhance industrialization, attract investment, and optimize the country’s raw material resources. The initiative, spearheaded by the Raw Materials Research and Development Council, is expected to bring in $30bn in investments over the next decade through efficient resource management. […]
Justice Rahman Oshodi of a Lagos Special Offences Court, Ikeja has ordered forfeiture of 6.3 billion units of ordinary shares of Keystone Bank Limited, valued at N1.00 each, to the Federal Government of Nigeria. The judge ordered after Sigma Golf Nigeria Limited, represented by its Chairman, Umaru Hamidu Modibbo, pleaded guilty to the fraudulent conversion […]
Romanian President Klaus Iohannis on Monday announced he would resign following pressure for him to step down ahead of the re-run of an election that was voided over allegations of Russian interference. Pressure had been growing on pro-European Iohannis, leader of liberals who had said he would remain in office until his successor is elected […]