Author: Akintayo Adams

MTN Nigeria Communications Plc (MTN Nigeria) has released its financial results for the nine months ending 30 September 2024, showing mixed performance. The telecom company reported a loss after tax of ₦514.9 billion, compared to a profit after tax of ₦4.1 billion in Q3 2024. This loss was mainly due to the devaluation of the naira, with the ₦514.9 billion down by ₦4.1 billion against the ₦519.1 billion recorded in its half-year results. Despite economic challenges, service revenue increased by 33.6% to ₦2.4 trillion. Total subscribers decreased by 0.9% to 77.0 million, impacted by the NIN-SIM linkage regulations, which led…

The Economic and Financial Crimes Commission (EFCC), on Monday, arrested Ifeanyi Okowa, former Delta State governor and ex-vice presidential candidate for the Peoples Democratic Party (PDP). He was arrested over allegations of misappropriating ₦1.3 trillion in state funds. The funds, reportedly from the 13% oil derivation allocation meant for oil-producing states, were allegedly used to acquire shares and investments in oil-related assets, including UTM Floating Liquefied Natural Gas Company. The EFCC spokesman, Dele Oyewale, confirmed Okowa’s detention. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.

Tiwa Savage recently opened up about the boldest things she has done for love and her career in an interview on Beat FM. Sharing personal insights, Tiwa described one particularly daring act that highlighted her commitment to love, giving fans a rare look into the risks she’s taken in her personal and professional life. “If I’m into someone, I’m really into the person. I have pulled up at your house unannounced. I may not be as savage as people think. “I’m a beast when it comes to my work. I will call you 20 times if something needs to get…

The Sultan of Sokoto, Sa’ad Mohammad Abubakar III, has called on Nigerians to refrain from criticizing their leaders. His stated this at a Regional Conference on Climate Change-Induced Conflicts in Northern Nigeria, organized by the Kaduna State Bureau of Interfaith in collaboration with International Alert. “Only God can save any human being. Focus on worshiping Allah (God) and leave the rest to Him. Don’t follow those who might lead you astray. Our country faces many challenges, and we must turn to God in prayer. Let us intensify prayers in our mosques and churches “Even though many feel times are particularly…

Bobrisky, a well-known Nigerian crossdresser, recently explained his decision to leave Nigeria temporarily, sharing on Instagram that he felt the need to focus on his “sanity and health.” This decision follows his release from the Economic and Financial Crimes Commission (EFCC) custody. Bobrisky departed Nigeria on Sunday, aiming to recuperate after the recent events. “Yes, I’m here to confirm I’m out of Nigeria temporarily. I need to attend to my sanity and my health. According to him, “Few Nigerian security agencies tried everything to frustrate me, but naaa, I gat God.” “Imagine buying a business class ticket three times; only…

President Bola Tinubu has ordered release of all minors arrested and detained over #EndBadGovernance protest. Minister of Information and National Orientation, Mohammed Idris, made this known while briefing State House correspondents, on Monday. “The President has directed that all minors be released on the and also reunited with their families anywhere they are in the country. A committee has been set up to look at the issues surrounding their arrest, detention and release. All the law enforcement agents related to the case will be investigated and anyone found wanting will be brought to book,” he said. Get instant and latest…

A large group of Nigerians, mainly youths, have gathered at the NNPCL towers in Abuja to demand the resignation of Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited. Led by civil society organizations, the protesters blame Kyari for rising fuel prices, fuel shortages, and economic challenges. Holding signs with messages like “we demand the immediate resignation of Kyari,” they accused the NNPCL leadership of incompetence. Abdullahi Bilal, a convener, called for the elimination of the “fraudulent fuel subsidy” and criticized the importation of low-quality fuel. “Today, we call for the immediate resignation of Mele…

President Bola Ahmed Tinubu said his administration has been able to reduce the debt servicing burden of the nation. According to him, it went from 97 percent to 65 percent. Tinubu said this on Monday while swearing in the seven new ministers appointed into his cabinet recently. Tinubu’s words, “Let me first of all thank the National Assembly for diligently and expeditiously reviewing and committing themselves to duty on the constitutional assignments of the seven new ministers. ” I congratulate the newly sworn in 7 ministers. I congratulate you and thank you for accepting to serve this nation. “The moment…

An Abuja Federal High Court has issued an arrest warrant for the Managing Director of Dana Air, Mr Hathiramani Ranesh, due to his alleged failure to appear in court. Ranesh and two others are facing a six-count charge filed against them by the Attorney General of the Federation. In count one, Ranesh and the two companies, alongside others at large, were alleged to have committed a felony between September and December 2018 within the premises of DANA Steel Rolling Factory in Katsina. They were alleged to have conspired to remove, convert and sell four units of industrial generators “i.e. three…

Popular Nollywood director and editor Dimeji Ajibola is dead. Confirming the news, actor Bolanle Ninalowo, in a captioned photo on Instagram, wrote: “I love you, brother, and I miss you, Dimeji Ajibola. May God heal your family and loved ones. Till we meet again, didi dox, rest on the champ.” He reportedly died in the early hours of November 3, 2024, after a battle with an undisclosed illness. The deceased was the director of a 2023 Nigerian crime thriller series, ‘Shanty Town,’ and also the brain behind ‘Hoodrush,’ a 2012 urban musical film that won multiple awards, including Best Movie…