A senior official of the Nigerian National Petroleum Company (NNPC), Paulinus Iheanacho Okoronko, has reportedly forfeited a $2.5 million mansion in Los Angeles, California, to the United States government following his conviction in a high-profile money laundering and corruption case. According to court documents filed by the U.S. Department of Justice, Okoronko was found […]
The Nigerian Medical Association (NMA), Oyo State branch, has raised serious concerns over the acute shortage of medical doctors in government-owned hospitals across the state, describing the situation as alarming, unsustainable, and detrimental to quality healthcare delivery. Speaking with the News Agency of Nigeria (NAN) in Ibadan on Monday, the Oyo State NMA Chairperson, […]
Economist and Chief Executive of SPM Professionals, Dr. Paul Alaje, has urged the Nigerian government to connect population expansion with industrial and economic productivity, warning that failure to do so could worsen poverty and inequality nationwide. Alaje issued the warning during an interview on ARISE News on Tuesday, where he analysed the World Bank’s projection […]
Former French President Nicolas Sarkozy has begun serving a five-year prison sentence following his conviction for criminal conspiracy in connection with illicit financing of his 2007 presidential campaign. At 70 years old, Sarkozy left his Paris residence on Tuesday, accompanied by his wife, Carla Bruni, and their children. A crowd of supporters gathered outside, […]
Dutch police have arrested more than 200 Napoli supporters ahead of Tuesday night’s Champions League fixture against PSV Eindhoven, describing the match as “high-risk” due to escalating tensions between fans. According to police reports, groups of Italian fans caused disturbances in central Eindhoven on Monday evening, engaging in “provocative behaviour” that prompted officers to intervene. […]
The Nigerian Education Loan Fund (NELFUND) has announced the official opening of its online application portal for the 2025/2026 academic session, enabling students across tertiary institutions to access financial assistance for their studies. According to a statement issued on Tuesday by NELFUND’s Director of Strategic Communications, Oseyemi Oluwatuyi, the application period will run from Thursday, […]
Tens of thousands of people were seen fleeing in panic on Tuesday after Kenyan security forces reportedly opened fire during a chaotic incident at a stadium in Nairobi. Eyewitness footage circulating on social media shows crowds scrambling for safety, with gunshots ringing out in the background as tear gas filled the air. According to […]
Nottingham Forest have announced the appointment of Sean Dyche as their new Head Coach, marking his return to the club where his football journey began. The former Forest youth player signed a contract that will keep him at the City Ground until the summer of 2027. His first game in charge will come swiftly, as […]
Lagos, Nigeria’s commercial capital, continues to assert its dominance as the financial hub of the nation, hosting the headquarters of nearly all major commercial banks operating in the country. A review of corporate records shows that the following financial institutions have their head offices in Lagos: Access Bank Plc, Citibank Nigeria Limited, Ecobank Nigeria […]
The naira opened the new trading week on a positive note, appreciating by ₦10 against the United States dollar on Monday, buoyed by an increase in Nigeria’s external reserves. Data from the Nigerian Foreign Exchange Market (NFEM) indicated that the local currency strengthened to ₦1,465 per dollar, compared to ₦1,475 recorded at the close […]
