Falana Threatens Legal Action Against Senators Over ₦21 Million Monthly Allowance

Human rights lawyer and Senior Advocate of Nigeria (SAN), Femi Falana, has issued a warning to the National Assembly regarding the recent disclosure that Nigerian Senators receive a monthly “running cost” allowance of ₦21 million. The increase from the previous ₦14 million has been labeled by Falana as both “illegal and contemptuous.” Falana referred to […]

“Benjamin Kalu’s Threat to Abia Governor Sparks Social Media Fury”

Nigerians have reacted angrily to comments made by Benjamin Kalu, Deputy Speaker of the House of Representatives, who claimed that the APC would overtake Abia State from Governor Alex Otti in the 2027 elections. Kalu’s statements, both public and private, have been perceived as a direct challenge to Otti’s administration and have ignited a firestorm […]

Harris Leads Trump by 3 Points in Latest Polls

A recent nationwide poll conducted from August 14-16, 2024, shows Kamala Harris leading Donald Trump by 3 percentage points in the race for the U.S. presidency. Poll Details: The poll, which surveyed approximately 3,300 registered voters, indicates a tight race, particularly in battleground states where both candidates are tied at 50%. Context:

Ukraine Targets Key Bridge in Kursk Region, Escalating Conflict

On August 18, 2024, Ukraine successfully struck and damaged a critical bridge over the Seym River in Russia’s Kursk region, leaving Russian forces potentially isolated from their supply lines. This action marks the third bridge targeted by Ukrainian forces in recent days. Details of the Attack Strategic Implications Diplomatic and Military Reactions Future Prospects The […]

Hope Beckons for Consumers as FCCPC Partners with EFCC for a Safer, More Transparent Market Environment

In a significant development for consumer protection in Nigeria, the Federal Competition and Consumer Protection Commission (FCCPC) and the Economic and Financial Crimes Commission (EFCC) have announced a strengthened partnership aimed at enhancing market transparency and consumer rights. The New Alliance The collaboration between the FCCPC and EFCC marks a strategic move to combat unfair […]

Bank Recapitalisation: Unveiling Opportunities for Investors in a Volatile Economy

In a recent webinar hosted by Coronation Securities Limited, experts discussed the significance of bank recapitalisation and its potential to transform Nigeria’s banking sector amid economic fluctuations. The panel included prominent figures such as Okey Umeano (Chief Economist, Securities and Exchange Commission), Bolanle Adekoya (Partner, PwC), and Ayokunle Olubunmi (Financial Institutions Ratings, Agusto & Co.). […]

Lagos Lawmaker Distributes Free GCE Forms, Urges Parents to Monitor Children’s Social Media Use

Lagos State House of Assembly member Hon. Gbolahan Yishawu, representing Eti-Osa Constituency 02, has emphasized the importance of parental supervision over children’s social media usage in light of recent high failure rates in public exams such as the Joint Admissions and Matriculation Board (JAMB) and the West African Senior School Certificate Examination (WASSCE). Yishawu made […]

Destiny Etiko Denies Allegations of Luxury Car Gift from Omotola’s Husband

Nollywood actress Destiny Etiko has refuted claims that Matthew Ekeinde, husband of renowned actress Omotola Jalade, gifted her a luxury car. The rumors, which surfaced on TikTok, suggested that Etiko had an affair with Ekeinde, who supposedly gave her the car for her birthday last week. In a video posted on her Instagram, Etiko addressed […]

Utomi Challenges Amosun’s ‘Blacklist’ Claim, Criticizes Presidential Jet Fleet

Renowned political economist Pat Utomi has responded to former Ogun State Governor Ibikunle Amosun’s allegation that he was blacklisted by the Ogun State House of Assembly before taking office. Utomi, in an interview with Channels Television, denied any business dealings with the Ogun State government that could justify such a blacklist. The controversy began when […]

Tinubu Approves NNPC’s Use of 2023 Dividends for Petrol Subsidy Amid Rising Costs

President Bola Tinubu has granted approval for the Nigerian National Petroleum Company Limited (NNPCL) to utilize its 2023 dividends to cover the expenses of petrol subsidies. These dividends, originally earmarked for distribution among the three tiers of government via the federation account, will now be redirected to address the financial strain of the subsidy. This […]