By Ayomide Otitoju The Federation Account Allocation Committee (FAAC) has shared a total revenue of ₦1.659 trillion for the month of May 2025 among the federal, state, and local governments. According to a communiqué released after the FAAC meeting, the total distributable revenue comprised ₦863.895 billion from statutory sources, ₦691.714 billion from Value Added Tax…
By Ayomide Otitoju Ghana’s state-owned power distributor, the Electricity Company of Ghana (ECG), has disconnected electricity supply to several public institutions over mounting unpaid bills, with the Ghana Water Limited’s Weija treatment plant and the Ghana Broadcasting Corporation (GBC) among the first to be affected. The ECG on Tuesday cut off power to the Weija…
By Ayomide Otitoju Nigeria’s agricultural exports rose significantly in the first quarter of 2025, reaching ₦1.7 billion—a 65% increase from ₦1.035 billion in the same period of 2024 and up 10.63% from ₦1.54 billion in Q4 2024. This is according to the latest Foreign Trade in Goods Statistics report released by the National Bureau of…
By Ayomide Otitoju Zenith Bank Plc, Nigeria’s largest lender by Tier-1 Capital, has assured shareholders and investors of its commitment to continued dividend payments, while also affirming its plan to exit the Central Bank of Nigeria’s (CBN) regulatory forbearance regime by June 30, 2025. This assurance comes amid increased regulatory scrutiny of banks’ capital adequacy…
By Ayomide Otitoju Former President Olusegun Obasanjo has commended Zamfara State Governor Dauda Lawal for what he described as “transformational leadership,” following the commissioning of several critical infrastructure projects in the state capital, Gusau, on Tuesday. Obasanjo, who was in Zamfara to inaugurate the remodeled Yariman Bakura Specialist Hospital and two major roads, said the…
By Ayomide Otitoju The Lagos State Police Command has confirmed that Pastor Paul Adefarasin, the Senior Pastor of House on the Rock Church, voluntarily appeared at its headquarters in Ikeja for questioning over a viral video showing him holding what appeared to be a gun-like object. In a post on X (formerly Twitter) on Tuesday,…
By Ayomide Otitoju New Zealand has taken a significant step in mental health care by easing restrictions to permit the controlled use of psilocybin, a psychedelic compound found in certain mushrooms, for the treatment of resistant depression. Deputy Prime Minister David Seymour confirmed on Tuesday that a highly experienced psychiatrist has been granted authority to…
By Ayomide Otitoju The World Health Organization (WHO) is advancing global efforts to detect and contain health threats through innovative tools, data-sharing platforms, and cross-border collaboration, according to its latest annual report released by the WHO Hub for Pandemic and Epidemic Intelligence in Berlin. Building on lessons from the COVID-19 pandemic, the Hub now supports…
By Ayomide Otitoju Infinix has officially unveiled its latest SMART Series lineup—the SMART 10 Series—marking a significant step forward in delivering reliable, feature-rich smartphones tailored to everyday use. The new series, launched globally on Wednesday, is designed to offer enhanced usability, artificial intelligence (AI) integration, and long-lasting power, all wrapped in a sleek, durable build….
