The chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, reiterated yesterday the agency’s determination to hold the immediate past governor of Kogi State, Alhaji Yahaya Bello, accountable for his tenure in office. Addressing the media in Abuja, Olukoyede stated that Yahaya Bello was employing various tactics to avoid trial after allegedly…
President Bola Tinubu has endorsed a new strategy to allocate 20% of palliatives, including food aid, through religious institutions and traditional establishments nationwide. Vice President Kashim Shettima made this announcement on Tuesday during a high-level nutrition dialogue at the State House in Abuja. The dialogue, themed “Faith leaders as catalysts for enhanced human capital through…
Rewrite WASHINGTON (AP) — The Pentagon is poised to send $1 billion in new military aid to Ukraine, U.S. officials said Tuesday as the Senate moved ahead on long-awaited legislation to fund the weapons Kyiv desperately needs to stall gains being made by Russian forces in the war. The decision comes after months of frustration,…
Lead British International School Abuja, embroiled in controversy over viral videos depicting bullying among its students, has been ordered to shut down for three days. The directive came from the Minister of Women Affairs, Uju Kennedy-Ohaneye, on Tuesday. Confirming the closure, Kabiru Musa, the Public Relations Officer of the FCT Education Secretariat, acknowledged the minister’s…
Three out of the sixteen aspirants in the Ondo State All Progressives Congress (APC) governorship primary election have formally petitioned the party, urging for the annulment of the election results. The aspirants who lodged their appeals with the party’s appeal committee include Wale Akinterinwa, Olugebenga Edema, and Jimi Odimayo. The election committee, chaired by Kogi…
A 5.7-magnitude earthquake rocked Hualien County in Taiwan at 6:50 p.m. on Monday, April 22, as reported by the China Earthquake Networks Center (CENC). The epicenter was pinpointed at 23.76 degrees north latitude and 121.51 degrees east longitude, with the quake occurring at a depth of 10 km, according to the CENC’s findings. Prior to…
Super Falcons sensation, Chiamaka Nnadozie, has earned a nomination for the esteemed Goalkeeper of the Season award in the French D1 Arkema, the premier women’s league in France. This marks Nnadozie’s second consecutive nomination for this prestigious individual honor, a testament to her remarkable talent and prowess as one of the finest goalkeepers in the…
Data from the FMDQ securities exchange revealed that on Monday, April 22, the value of the naira depreciated against the United States dollar to N1,234 at the official foreign exchange market. This exchange rate signifies a decline of N65 or 5.26 percent from the rate of N1,169.99/$1 recorded on Friday, April 19. Earlier in the…
Amid persistent blackouts, the Federal Government has announced plans to divest its ownership of the five electricity Distribution Companies (DisCos). Minister of Power, Adebayo Adelabu, made the declaration on Monday, April 22, citing the lack of technical capacity among banks and the Asset Management Company (AMCON), which have been managing these DisCos due to their…
Foreign portfolio investment (FPI) inflows into Nigeria’s stock market surged by 167.8 percent Year-on-Year (YoY) to N118.92 billion in February 2024 from N44.52 billion in the same period of 2023. This increase was fueled by enhanced liquidity in the foreign exchange (FX) market, following reforms by the Central Bank of Nigeria (CBN). According to the…
