Author: Akintayo Adams

Idris Okuneye, popularly known as Bobrisky, has been handed a six-month jail sentence by the Federal High Court in Lagos, with no possibility of paying a fine. Last week Friday, April 5, 2024, Bobrisky was convicted by Justice Abimbola Awogboro for damaging and defacing Naira notes, following his arrest and prosecution by the Economic and Financial Crimes Commission (EFCC). The court,however, dismissed the money laundering charges against him. During his arraignment on Friday, Bobrisky told the court that he was not aware of the law on abusing the naira. “I know, My Lord. My Lord, I wish that you could…

Covenant University has once again been named the top university in Nigeria, as per the 2024 ranking by Times Higher Education. The institution ranked above the University of Ibadan in second and the Federal University of Technology, Akure which came in at third. According to the World University Rankings, which encompasses 1,904 universities spanning 108 countries and regions, Covenant University has secured the 801st position. “The Times Higher World University ranking includes 1,904 universities across 108 countries and regions. “The table is based on our new WUR 3.0 methodology, which is carefully calibrated performance indicators that measure an institution’s performance…

Today, April 12, the internal crisis bedeviling the Olubadan stool is set to be put to rest as Oba Owolabi Olakulehin is set to be endorsed as the next Olubadan of Ibadanland by the Olubadan-in-Council, with his nomination forwarded to the Oyo State Governor, Engr. Seyi Makinde, for final approval. The gathering is slated to take place at the Olubadan Palace in Oja’ba, Ibadan, with High Chief Rashidi Ladoja, the Otun Olubadan of Ibadanland and former governor of Oyo State, serving as the convener. As reported by The PUNCH, some of the Ibadan Obas may choose not to attend today’s…

Joshua Rogers, a journalist and reporter with Channels Television, has reportedly been abducted at his residence in Rumuosi in Obio/Akpor Local Government Area of Rivers State. He was said to have been trailed from his place of work to his residence before the abductors aggressively approached him before he alighted from his car, pointed a gun at him and whisked him along with his vehicle off to an unknown destination at about 9 pm. He was revealed to have earlier covered an event in Ndoni in the Ogba-Egbema-Ndoni Local Government Area of the state where Governor Siminalayi Fubara, inaugurated a…

Nigeria’s Minister of Power, Adebayo Adelabu, has apologized to Nigerians over his comments about citizens leaving their freezer and air conditioners on. A week ago, the Minister criticized Nigerians who keep their freezers and air conditioners on when they are not home, saying the people lack the culture of power consumption management due to its affordability. “A lot of people will come back from work, they want to have dinner, or they want to see their colleagues down the road, they switch on the AC for the room to be cooling before they come back. “Some people will be going…

Adebayo Adelabu, the Minister of Power says electricity consumers on Band A may pay less than the approved rate of ₦225/kWh if the exchange rate falls below ₦1000 per dollar. He made this known while appearing as a guest on Channel Television’s Politics Today. Backing the increase, Adelabu argued that the amount being paid by the Band A customers is still cheaper when compared to the amount being spent on fuel. “The tariff is flexible. I can tell you, if the naira gains more and the exchange rate comes down below N1,000 to a dollar, it must positively affect the tariff;…

The International Monetary Fund (IMF), through its Managing Director, Kristalina Georgieva, says inflation is easing faster than foresighted but work needs to be done for it to be fully defeated. She was quoted in a statement on Thursday at the China Development Forum (CDF) 2024, an event hosted by the Atlantic Council Think Tank in Beijing. She advised central bankers to meticulously adjust their decisions regarding interest rate cuts based on incoming data. Georgieva noted that headline inflation for advanced economies stood at 2.3 percent in the final quarter of 2023, a decrease from 9.5 percent just 18 months prior,…

On Thursday, Lagos State Governor, Mr. Babajide Sanwo-Olu, reaffirmed his administration’s dedication to transforming the Badagry area into a tourist destination city. He emphasized that the ancient city of Badagry boasts numerous historical and tourist attractions, making it a significant hub for tourism. During a working tour and visit to Badagry Tourism sites and projects, Governor Sanwo-Olu reiterated his commitment. He highlighted that the visit underscored his dedication to understanding the needs and challenges of the people of Badagry firsthand, ensuring ongoing progress and development in the region. Speaking to journalists during the working tour, Governor Sanwo-Olu affirmed his administration’s…

Super Eagles striker, Victor Boniface, made a triumphant comeback to Europa League play on Thursday, securing a 2-0 win for Bayer Leverkusen against West Ham United with a characteristic header goal. The Hammers remained resilient throughout most of the game, but substitute Jonas Hofmann finally opened the scoring with a volley in the 83rd minute. In stoppage time, Boniface, who also came off the bench secured an important second goal by heading in a cross from Hofmann, providing Xabi Alonso’s team with a notable advantage going into the second leg at London Stadium. Before Thursday night’s match, Boniface had been…

Former Senator, Shehu Sani has described late Ogbonnaya Onu as a ‘rare breed politician’. It was earlier reported that Onu, an All Progressives Congress (APC) presidential aspirant in the 2023 election, died on Thursday. The former lawmaker further said that the late Ogbonaya Onu was “stopped” from being the President of Nigeria in 1999 as he “could have been Nigeria’s President in 1999 after he won the APP primaries in Kaduna, attended by the likes of the late Ikemba of Nnewi Chief Ojukwu. Paying tribute to the first Civilian Governor of Abia State, he said: “He was deliberately displaced after…