Author: Akintayo Adams

Nigeria has been accused of holding a Binance Holdings Ltd. executive, Tigran Gambaryan against his will by United States of America Lawmakers. They, therefore urge President Joe Biden to help secure his release. Sixteen Republican congressmen including Chairman of the House Foreign Affairs Committee Michael McCaul wrote to POTUS to have the case of Gambaryan referred to the Office of the Special Presidential Envoy for Hostage Affairs. Gambaryan, a citizen of the United States, is head of financial crime compliance at Binance and has been held in Abuja since April 2024. Bloomberg reports that the lawmakers wrote in a June…

A Federal High Court sitting in Lagos on Wednesday granted an order of interim forfeiture of properties valued at ₦11,140,000,000.00 linked to the erstwhile Governor of Central Bank of Nigeria (CBN), Godwin Emefiele. Justice Chukwujekwu Aneke made the order sequel to a motion ex parte filed and argued by the counsel to the Economic and Financial Crimes Commission (EFCC), Senior Advocate of Nigeria, Rotimi Oyedepo, who led Bilkisu Buhari-Bala and Chineye Okezie in the proceedings. Interim forfeiture of the properties to the Federal Government was ordered by the Court. Oyedepo informed the court that Emefiele was suspected of having bought…

The Tripartite Committee on the new National Minimum Wage adjourned its meeting on Wednesday. This was claimed to have happened so as to give room for the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, to meet the 48-hour deadline set by President Bola Ahmed Tinubu to analyze and come up with an improved minimum wage figure. According to a The Nation report, the committee, comprising representatives of the Federal Government, organised labour, and the private sector, discussed general matters details of which were not revealed to the media. However, the national daily reported that a source…

Applications have been declared open for the 2025 Ernst and Young (EY) Graduate Trainee Programme. Graduate Trainees at EY are tasked with working on various engagements in different industry sectors. Financial services, energy and utilities, oil and gas, telecommunications, industrial products, automotive, retail and consumer products, real estate are few of what trainees should expect be assigned to. Requirements Benefits How to Apply Interested Young Nigerian Graduates are advised to apply online via the official designated portal. Get instant and latest news updates via Our WhatsApp Community or Google News online channel.

The National Orientation Agency (NOA) has announced plans to seek approval for the adoption of a new national prayer. However, the National Pledge will remain unchanged and retain its importance. This was revealed in a statement by the agency’s Director General, Lanre Issa-Onilu at the unveiling of the standardised version of the reintroduced national anthem. He stated, “The NOA will follow the official procedure to obtain approval for the adoption of a new national prayer. “The national pledge remains valid and operational. “The NOA’s values orientation programmes as envisioned under the Federal Government’s National Values Charter seek to define the…

The Nigerian Senate has approved a bill seeking improved salaries, allowances, and fringe benefits for the Chief Justice of the Federation (CJN) and other judicial office holders in Nigeria. This is sequel to the adoption of a report by Mohammed Monguno, the Chairman Senate Committee on Judiciary, Human Rights, and Legal Matters. The approval increases the salaries and allowances by 300%. According to Monguno, the increment under consideration has been captured in the 2024 Appropriation Act. “Adequate remuneration will allow judicial officers to focus on their professional development without worrying about financial constraint,” Monguno said, while delivering his report. “Hence,…

Senator Ajibola Basiru, National Secretary of the ruling All Progressives Congress (APC) claimed the 2023 general elections exposed the party’s fake membership figure being paraded. He made this known during the flag off of train-the-trainer workshop on e-registration of APC members, in Abuja, on Wednesday. Bashiru said during the 2023 elections, the APC presidential candidate, Bola Ahmed Tinubu, who is now the President, struggled to scored less than 10 million votes, even though there were claims that the party had 45 million members. He said, “If we have that membership of 45 million, how come we went to the poll…

The Federal Government of Nigeria has disclosed that fuel subsidy will gulp ₦5.4 trillion in 2024. This is sequel to its earlier denial that it deregulated the product in its entirety. This was made known by Wale Edun, Minister of Finance and Coordinating Minister of the Economy in a recent presentation of the Accelerated Stabilisation and Advancement Plan, ASAP report. “At current rates, expenditure on fuel subsidy is projected to reach ₦5.4 trillion by the end of 2024. This compares unfavourably with ₦3.6 trillion in 2023 and ₦2.0 trillion in 2022,” a draft copy of the ASAP presented by Edun…

The hierarchy of the Nigerian Army has debunked allegations of mass killing leveled against its troops in the South-East geopolitical zone of Nigeria. The Director, Army Public Relations, Major General Onyema Nwachukwu, dismissed the claim by a certain Simon Ekpa, a self-acclaimed leader of the proscribed Indigenous People of Biafra (IPOB). Ekpa, in a viral video accused the men of the Nigerian Army of carrying out mass killing of innocent Igbos and dumping them in a river. However, the force clarified that the incident took place in the South-West geopolitical zone, not the South East, and that there was no…

The 2025 Africa Cup of Nations (AFCON) has been postponed. It is now expected to be played in Morocco in January 2026. The reason for the postponement was that it clashes with the expanded 32-team Club World Cup. CAF’s general secretary, Veron Mosengo-Omba, told BBC that the tournament would now be held in early 2026, acknowledging the pressing issue of scheduling conflicts. “For the men, we need to make sure that the dates that we’ll be choosing will be in the interests of the players. “For this, we need to balance different aspects and also discuss with our partners and…