New York City Mayor Eric Adams was federally charged Thursday with multiple crimes, including wire fraud, soliciting illegal foreign campaign donations, and conspiracy to commit bribery. The 57-page indictment, unsealed amid growing calls for Adams to resign, follows an extensive investigation into his campaign and ties to Turkish government officials. The grand jury indictment alleges…
Afrobeats star David Adeleke, popularly known as Davido, delivered an electrifying performance during a cocktail event celebrating the 75th anniversary of the United Bank for Africa (UBA). The celebration took place on the sidelines of the 79th session of the United Nations General Assembly (UNGA) in New York. The “Skelewu” hitmaker thrilled the audience with…
The Central Bank of Nigeria (CBN) has authorized the sale of $20,000 to each eligible Bureau De Change (BDC) operator at the exchange rate of N1,590 per dollar. The move, aimed at injecting “additional liquidity” into the foreign exchange market, was announced in a circular dated September 25, 2024. Signed by the CBN’s Acting Director…
Vice President Kashim Shettima has praised ExxonMobil’s proposed $10 billion investment in Nigeria’s deep-water oil sector, calling it a strong endorsement of the Tinubu administration’s economic reforms and pro-investment policies. The announcement comes alongside plans by global maritime leader DP World to develop a multibillion-dollar port project in the country. The Vice President made these…
Benin prosecutors announced on Wednesday the arrest of three prominent figures, including a presidential guard commander, in connection with an alleged plot to stage a coup d’état in the West African nation. The arrested individuals include former sports minister Oswald Homeky and businessman Olivier Boko, who is closely associated with President Patrice Talon. Elonm Mario…
The Federal Government has brought a new 16-count charge against former Kogi State Governor Yahaya Bello, alleging criminal breach of trust involving N110.4 billion. This charge was filed at the Federal Capital Territory (FCT) High Court in Abuja and falls under Sections 96 and 311 of the Penal Code Law Cap.89 of Northern Nigeria, 1963,…
Nigeria’s Finance Minister and Coordinating Minister of the Economy, Wale Edun, announced that the Federal Government is taking significant steps to reduce food importation as part of its long-term agricultural strategy. Speaking during an inter-ministerial press briefing to mark Nigeria’s 64th Independence Anniversary, Edun highlighted the progress already being made in boosting domestic food production….
The Yahaya Bello Media Office on Wednesday called on President Bola Tinubu to intervene in the ongoing standoff between the former Kogi State Governor Yahaya Bello and the Economic and Financial Crimes Commission (EFCC). Bello is currently wanted by the anti-corruption agency for alleged money laundering, breach of trust, and misappropriation of funds amounting to…
The Democratic Republic of Congo (DRC) is set to launch a vaccination campaign in less than a week to combat the mpox outbreak in Kamituga, a mining town in the eastern province of South Kivu. However, logistical challenges in the vast country, with its limited and often deteriorating infrastructure, threaten to complicate the rollout. Kamituga,…
