By Ayomide Otitoju A fresh wave of Israeli airstrikes struck Tehran overnight, including a direct hit on the headquarters of Iran’s state television broadcaster, reportedly killing three people, as hostilities between Israel and Iran entered a fifth consecutive day. The Israeli military confirmed it had launched coordinated attacks on multiple missile and drone facilities in…
By Aymide Otitoju Nigeria and Ghana could face heightened economic pressures as a result of the escalating conflict between Iran and Israel, with rising oil prices and investor uncertainty threatening currency stability, foreign investment, and inflation, according to a new report by SBM Intelligence. In the report, titled The Escalating Iran-Israel Conflict and its Implications…
By Ayomide Otitoju The African Export-Import Bank (Afreximbank) has taken a central role in arranging a landmark $1.6 billion senior secured term loan facility for Suriname’s state-owned energy firm, Staatsolie Maatschappij Suriname N.V., marking a major milestone in the country’s push towards offshore oil production. Afreximbank served as global coordinator and joint mandated lead arranger…
By Ayomide Otitoju A German court on Monday sentenced Syrian doctor Alaa Mousa to life imprisonment for crimes against humanity, including murder and torture, committed during his time at military hospitals under the regime of former Syrian president Bashar al-Assad. The verdict, delivered by the Higher Regional Court in Frankfurt, marks a significant milestone in…
By Ayomide Otitoju Inspector General of Police (IGP) Kayode Egbetokun on Monday visited Benue State, North Central Nigeria, in the aftermath of deadly attacks by suspected herdsmen that claimed dozens of lives and displaced hundreds of residents. The IGP’s visit comes days after a wave of coordinated assaults on rural communities, continuing a cycle of…
By Ayomide Otitoju Justice Musa Umar of the Federal High Court in Abuja on Monday dismissed an application by the Federal Government seeking a bench warrant for the arrest of Senator Natasha Akpoti-Uduaghan over her absence at the commencement of her defamation trial. The Federal Government is prosecuting the senator over alleged defamatory remarks made…
By Ayomide Otitoju Former Labour Party presidential candidate Peter Obi has criticised President Bola Tinubu for what he described as a lack of “leadership empathy” following the killing of over 50 people in Benue State and devastating floods in Niger State. In a strongly worded post on Monday via his X (formerly Twitter) account, Obi…
By Ayomide Otitoju Iran launched a barrage of missile strikes on multiple Israeli cities early Monday, retaliating against Israeli attacks on military targets deep inside Iranian territory, marking the most dangerous escalation in hostilities between the two regional rivals in decades. AFP visuals captured the aftermath of the Iranian offensive, showing gutted residential buildings in…
By Ayomide Otitoju A Federal Capital Territory High Court sitting in Abuja has granted bail in the sum of ₦2 billion to former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, following his arraignment on fresh criminal charges. Justice Halilu Yusuf, who presided over the case on Monday, admitted Emefiele to bail after…
