By Ayomide Otitoju The Economic and Financial Crimes Commission (EFCC) on Friday arraigned former Governor of Abia State, Theodore Orji, and four others before the Abia State High Court over alleged misappropriation of ₦47 billion. The other defendants include his son, Engineer Chinedum Orji; former Commissioner of Finance, Dr. Philip Nto; a government contractor, Obioma…
By Ayomide Otitoju The Speaker of the Lagos State House of Assembly, Mojisola Meranda, has criticized her predecessor, Mudashiru Obasa, for attempting to reclaim his position by forcefully entering the Assembly Complex on Thursday. Speaking to journalists at the Lagos State High Court on Friday, where Obasa had filed a legal challenge to his removal,…
Russia has commended former U.S. President Donald Trump for showing “restraint” during a heated confrontation with Ukrainian President Volodymyr Zelensky in the White House. Russian Foreign Ministry spokeswoman Maria Zakharova, in a Telegram post on Friday, mocked Zelensky’s claim that Ukraine was left without support in 2022, calling it “his biggest lie.” “How Trump and…
By Ayomide Otitoju President Bola Tinubu has assured Nigerians that the country is moving towards economic recovery despite the ongoing cost-of-living crisis, emphasizing that recent reforms are yielding positive results. Speaking on Friday while signing the ₦55.99 trillion ($37 billion) national budget for 2025, Tinubu acknowledged the economic difficulties faced by citizens but insisted that…
By Ayomide Otitoju Wema Bank, Nigeria’s leading innovative financial institution and pioneer of Africa’s first fully digital bank, ALAT, has signed a Memorandum of Understanding (MoU) with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to empower 800,000 small businesses across the country. The agreement, signed on February 25, 2025, in Lagos, marks…
By Ayomide Otitoju The Sultan of Sokoto, Alhaji Sa’ad Abubakar III, has declared Saturday, March 1, 2025, as the first day of Ramadan 1446AH, following the sighting of the new moon across various parts of Nigeria on Friday. Announcing the commencement of the holy month, the Sultan stated that reports of the moon sighting were…
By Ayomide Otitoju The Senator representing Kogi Central, Natasha Akpoti-Uduaghan, has accused Senate President Godswill Akpabio of sexual harassment. Akpabio has denied the allegation through his media consultant, Kenny Okulogbo. Akpoti-Uduaghan made the claim in an interview with Arise Television on Friday, alleging that Akpabio blocked her motions in the Senate after she rejected his…
By Ayomide Otitoju The Federation Account Allocation Committee (FAAC) has distributed ₦1.703 trillion among the federal, state, and local governments for January 2025. According to a communiqué issued after the February FAAC meeting in Abuja, the total distributable revenue consisted of ₦749.727 billion in statutory revenue, ₦718.781 billion in Value Added Tax (VAT), ₦20.548 billion…
Soviet chess grandmaster Boris Spassky, best known for his legendary 1972 World Chess Championship match against American Bobby Fischer, has died at the age of 88, the Chess Federation of Russia confirmed on Thursday. Describing his passing as a “great loss to the country,” the federation noted that generations of chess players had studied his…
