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NEWS

Defence ministry gets 20 armoured personnel carriers

The Ministry of Defence, on Wednesday, handed over 20 newly acquired Armored Personnel Carriers to the Defence Headquarters to enhance the professional capabilities of troops of the Nigerian Armed Forces. This is contained in a statement by Dr Ibrahim Kana, Permanent Secretary of the MoD in Abuja on Thursday. The APCs were handed over to the Chief of Defence Staff, Gen. Christopher Musa, by the PS. In his remarks at […]

todayMay 9, 2024 3

NEWS

N2.7bn fraud: Court grants Sirika, daughter, in-law N100m bail each

A Federal Capital Territory High Court, Abuja, on Thursday granted the former Minister of Aviation and Aerospace, Hadi Abubakar Sirika, bail. The court also granted his daughter, Fatimah Hadi Sirika and in-law, Jalal Hamma bail. Sirika, his daughter, son-in-law and Al-Duraq Investment Ltd, were charged to court over alleged N2.7bn fraud in connection with the botched Nigerian Air project by the Economic and Financial Crimes Commission. Before the trial judge, […]

todayMay 9, 2024 4

NEWS

2027: Lagos PDP holds reconciliation meeting, plans to snatch Lagos from APC

Ahead of the 2027 general elections, the Lagos State Chapter of the Peoples Democratic Party has initiated plans to reconcile all warring members of the party in a bid to wrest power from the ruling All Progressives Congress in the state. This was according to a chieftain of the party, Chief Olabode George, during Tuesday night’s edition of Newsday on Arise TV. Since the poor performance of the party at […]

todayMay 8, 2024

BUSINESS

FG woos global investors for 17 oil blocks

The Federal Government, on Tuesday, offered 12 oil blocks and five deep offshore assets for sale as it marketed the assets to global oil sector investors at the ongoing 2024 Offshore Technology Conference in Houston, United States. Speaking at the African Oil Industry Opportunities Session, a side event at the 2024 Offshore Technology Conference, the Chief Executive, Nigerian Upstream Regulatory Commission, Gbenga Komolafe, told investors at the gathering that Nigeria […]

todayMay 8, 2024

BUSINESS

Dollar speculation: FG rubbishes Binance CEO’s bribery allegation

The Federal Government on Tuesday vowed to pursue the criminal case against the crypto platform, Binance, and its officials, to a logical end. Speaking against the backdrop of a bribery allegation made by the Binance Chief Executive Officer, Richard Teng, in a blog post published by the New York Times, top officials of the President Bola Tinubu administration described as false and unfounded the accusation that some individuals demanded $150m […]

todayMay 8, 2024 1

NEWS

Lion’s den: Man shocked by sordid state of University of Nigeria hostel room

An X user Justus, who identifies as LordJustusN on X.com, has expressed dismay over the deplorable state of a hostel, Eni Njọkụ Hostel, in the University of Nigeria, Nsukka. Justus disclosed that he had visited the hostel to inspect the room his cousin was assigned to, only to be met with appalling conditions. Sharing a video, he wrote, “My cousin is supposed to resume school at the University of Nigeria, […]

todayMay 8, 2024

NEWS

Man in custody for allegedly stealing phones in Ekiti churches

Luck has run out of a man, Babatunde Olaoluwa, who allegedly had been pretending as a worshipper only to dispossess people in churches of their phones in the Oye Ekiti and Ayegbaju areas of the state. The Commissioner of Police, Ekiti State Command, Mr Adeniran Akinwale, said the suspect was arrested on Saturday evening after allegedly making away with seven phones belonging to different worshippers at Christ Apostolic Church, Ayegbaju […]

todayMay 6, 2024 2

BUSINESS

Lagos-Calabar highway: Telcos fear shutdown as construction threatens cables

•Undersea fibre cables linking Europe to Nigeria pass through construction corridor – ALTON, ATCON Barely 48 hours after Multichoice alerted subscribers to a three-day technical downtime, telecommunication companies have expressed concern over possible connectivity disruptions as construction advances on the 700km Lagos-Calabar Coastal Highway. While the DStv and GOtv owner acknowledged the anticipated impact of the ongoing Lagos-Calabar construction project on their uplink facilities, telcos on Sunday expressed broader concerns […]

todayMay 6, 2024 3

BUSINESS

Blockchain’s industry meeting with SEC DG rescheduled 

The proposed meeting between stakeholders in the blockchain industry and the Director General of the Securities and Exchange Commission, Emomotimi Agama, has been rescheduled. The virtual meeting earlier scheduled for 10 am on Monday has been moved to 2:30 pm. This was disclosed in an email sent to our correspondent early Monday signed by the Public Relations Officer of Blockchain Industry Coordinating Committee of Nigeria, Kue Paul. The meeting is […]

todayMay 6, 2024 2

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