FG May Withdraw Electricity Subsidy as Debts Mount, Warns Sam Amadi 

  A former Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr. Sam Amadi, has warned that the Federal Government may be forced to withdraw electricity subsidies if it continues to accumulate unsustainable debt levels in the sector.   Amadi made this known during an interview on Sunrise, a Channels Television programme, aired on Saturday […]

Army DismissesClaims of Delayed Promotions, Unpaid Allowances

    The Nigerian Army has firmly denied recent media reports alleging delayed promotions and non-increment of salaries and allowances for its personnel under the leadership of the Chief of Army Staff, Lieutenant General Olufemi Oluyede.   In a statement issued by the Army’s spokesperson, Lt.-Col. Appolonia Anele, the military described the reports as false […]

Osita Chidoka Endorses Governor Soludo for Second Term, Hails His Leadership as “Transformational”

Osita Chidoka Endorses Governor Soludo for Second Term, Hails His Leadership as “Transformational” Former Minister of Aviation and prominent public policy advocate, Chief Osita Chidoka, has formally endorsed the re-election bid of Anambra State Governor, Professor Charles Chukwuma Soludo, describing him as “Odịụkọ na Mba”—the rare one not easily found. Chidoka made the endorsement during […]

News

Access Bank Acquires 76% Stake in AfrAsia Bank to Bolster International Presence

Access Bank has acquired a 76% majority stake in Mauritius-based AfrAsia Bank in a landmark deal that deepens the lender’s international expansion strategy and strengthens its footprint across Africa and the Indian Ocean financial corridor.   The acquisition, which has received full regulatory approval from both Nigerian and Mauritian authorities, marks a significant milestone in […]

business News

Naira Continues to Gain Strength Against World Currencies, Exchanges for N1520 to Dollar

  • July 26, 2025
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The Naira exhibited remarkable strength in the parallel market, concluding the week at N1,520/$1, surpassing the Central Bank of Nigeria (CBN) rate.   Throughout the week, the currency reached its zenith in the parallel market, closing at N1,520/$1, which is N14 more favorable than the official CBN rate of N1,534/$1 as of Thursday’s market close. […]

Influencer Remanded Over False Claim on Tinubu’s Health

  Abuja Chief Magistrate Court has ordered the remand of a 29-year-old social media influencer, Ghali Isma’il, at the Keffi Correctional Centre for allegedly spreading fake news about President Bola Tinubu’s health.   Isma’il, who hails from Jogana village in Gezawa Local Government Area of Kano State, was arraigned on Friday on a two-count charge […]

FG Orders Sack of Unqualified Teachers, Warns TRCN Governing Council to Deliver or Step Aside

  The Federal Government has issued a strong directive for the immediate removal of unqualified teachers from classrooms across Nigeria, signaling a major step toward overhauling the nation’s education system.   The Minister of Education, Dr. Tunji Alausa, made the call during the inauguration of the newly constituted 5th Governing Council of the Teachers Registration […]

News Politics

Former Attorney General Malami to Face Probe Over Multiple Suspicious Transactions

  • July 26, 2025
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Former Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami, is set to be questioned by Nigerian authorities over at least five controversial transactions executed during his tenure in office.   According to legal and investigative sources, the probe will focus on financial decisions and agreements made under Malami’s watch that have […]