News

Nestoil Placed Under Receivership by Banks Over $1 Billion Debt

Lagos authorities have sealed the corporate headquarters of Nestoil Limited in Victoria Island following a court-ordered receivership over the company’s reported $1 billion debt. A federal high court in Lagos, on 22 October 2025, granted an injunction allowing First Trustees and FBNQuest Merchant Bank to take control of Nestoil’s assets. The Mareva order targets Nestoil, […]

News

IGP Egbetokun Denies Promotion Scandal, Reaffirms Merit-Based Police Advancement

The Inspector General of Police, Kayode Egbetokun, has dismissed claims of any promotion irregularities within the Nigeria Police Force (NPF), affirming that all recent elevation exercises, including the accelerated promotions of certain officers, were conducted transparently and strictly on merit. Egbetokun spoke in Abuja during the decoration ceremony of 19 newly promoted senior officers, which […]

Foreign News

Putin Enthuses Completion of Russia’s Long-Range Nuclear-Powered Missile Test

President Vladimir Putin has confirmed the successful final trial of Russia’s nuclear-powered cruise missile, the Burevestnik, highlighting Moscow’s ongoing efforts to develop unconventional military technology amid the Ukraine conflict. The missile, designed to travel extreme distances while flying low to evade detection, represents a departure from conventional chemically-fuelled systems. Experts say it is intended to […]

News

Fayemi Extols Tinubu’s Leadership Amid Opposition Resistance to Reforms

Ekiti State Governor Kayode Fayemi has commended President Bola Tinubu for effectively implementing economic reforms, noting the stark contrast with former President Goodluck Jonathan’s experience with subsidy removal. Fayemi highlighted that political considerations had hindered the rollout of fuel subsidy removal during Jonathan’s administration, despite its potential economic benefits. “We in the ACN didn’t force […]

Politics

APC Justifies $1 Billion Ports Refurbishment as Nationwide Maritime Modernisation Effort

The Lagos State chapter of the All Progressives Congress (APC) has defended the Federal Government’s $1 billion investment in Lagos ports, describing it as a strategic initiative to modernise Nigeria’s entire maritime sector and attract international investors. APC spokesman Seye Oladejo issued the statement on Tuesday, countering opposition claims that President Bola Tinubu’s administration was […]

Article News

CCB Probes Over 500 Asset Declaration Forms of Ministers, Permanent Secretaries, Others

  The Code of Conduct Bureau (CCB) has disclosed that it has investigated more than 500 asset declaration forms belonging to public officials, including ministers, permanent secretaries, and other top government functionaries. According to the Bureau, the investigations were carried out by its newly established Financial Investigation and Fraud Analysis Unit (FIFAU) a specialized department […]

News

Dele Momodu Canvasses for Nnamdi Kanu’s Freedom, Advocates Political Resolution in South-East

Chief Dele Momodu, media entrepreneur and publisher of Ovation International, has urged the Federal Government to release IPOB leader Nnamdi Kanu, stressing that addressing the political and historical grievances of the South-East is key to lasting peace. In a post on his X (formerly Twitter) handle on Tuesday, Momodu highlighted what he described as the […]

News

In God’s Name, Seek Legal Guidance in Defending Yourself on Charges Against You, Judge Counsels Nnamdi Kanu

Proceedings in the terrorism trial of Nnamdi Kanu took a tense twist on Monday when Justice James Omotosho of the Federal High Court in Abuja implored the detained leader of the Indigenous People of Biafra (IPOB) to reconsider his decision to represent himself in court. Omotosho, visibly concerned by Kanu’s insistence on self-representation, appealed to […]

Article News

No Political Motive Behind Oluremi Tinubu’s Donation of CNG Buses, Says YOWICAN

  The Youth Wing of the Christian Association of Nigeria (YOWICAN) has dismissed insinuations that the recent donation of seven hybrid Compressed Natural Gas (CNG) 18-seater buses by the First Lady, Senator Oluremi Tinubu, was politically motivated or linked to the 2027 general elections. In a statement released on Tuesday, the youth body described the […]