By Ayomide Otitoju Justice Mohammed Umar of the Federal High Court in Abuja has granted the Bauchi State Commissioner for Finance, Yakubu Adamu, and his co-defendants bail in the sum of ₦100 million each over alleged $9.7 million terrorism financing offences. In a ruling delivered on Tuesday, Justice Umar held that Adamu and his co-defendants…
By Ayomide Otitoju US President Donald Trump on Wednesday renewed his push for talks on the acquisition of Greenland, insisting the move was critical to national and global security, while ruling out the use of military force to take the Arctic island from Denmark. Speaking at the World Economic Forum in Davos for the first…
By Ayomide Otitoju The Federal High Court in Abuja has recognised Senator Nenadi Usman as the legitimate leader of the Labour Party (LP), effectively removing Julius Abure as the party’s national chairman. In a judgment delivered by Justice Peter Lifu, the court relied on the April 4, 2025, decision of the Supreme Court to affirm…
By Ayomide Otitoju Access ARM Pensions, a subsidiary of Access Holdings, has surpassed the ₦4 trillion mark in assets under management (AUM), marking a major milestone and highlighting strong growth momentum following the merger of Access Pensions and ARM Pensions. In a statement issued on Wednesday, the company said the achievement represents a significant increase…
By Ayomide Otitoju The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 1, arraigned Sarumi Samusudeen Babafemi, an associate of alleged internet fraudster Ismaila Mustapha, also known as Mompha, along with his companies—606 Autos Limited, 606 Music Limited, and Splash Off Entertainment Limited—on Tuesday. The defendants face a five-count charge alleging conspiracy, concealment, and…
By Ayomide Otitoju Mohamed Salah resumed training with Liverpool on Tuesday following the Africa Cup of Nations, as the club prepares for their Champions League fixture against Marseille. The Egypt forward participated in a light session alongside his teammates at the club’s training centre. His return comes after a turbulent period in which he publicly…
By Ayomide Otitoju Nigeria plans to increase investment in the economy, rely more on domestic resources, and reduce dependence on borrowing, Finance Minister Wale Edun said on Tuesday. He made the remarks during an interview with Bloomberg Television at the 56th World Economic Forum in Davos, Switzerland. “The issue now is to focus on revenue,…
By Ayomide Otitoju Seplat Energy Plc has announced that its 300 million standard cubic feet per day (MMscfd) ANOH gas project has reached first gas, following completion of the 11km Indorama gas export pipeline and regulatory approval from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). In a statement on Tuesday, the company said that gas…
By Ayomide Otitoju Ukrainian President Volodymyr Zelensky expressed concern on Tuesday that US President Donald Trump’s push to acquire Greenland could distract attention from Russia’s ongoing invasion of Ukraine, now nearing its fourth year. Trump last week threatened European countries with tariffs of up to 25 percent for opposing his Greenland plans, prompting tension with…
