Author: Akintayo Adams

Deputy Governor Philip Shaibu received a Notice of Impeachment from the Edo State House of Assembly on Wednesda Within seven days, the deputy governor is supposed to reply. According to a government source, Shaibu’s eventual removal is certain because 22 of the 24 legislators have signed the notice of impeachment. The impeachment notice is the most recent development in the conflict between State Governor Godwin Obaseki and his deputy, which began when Shaibu declared his desire to run for the governorship in the middle of last year. Shaibu was proclaimed the victor of the state’s parallel PDP gubernatorial primary a…

The Federal Capital Territory High Court’s ruling prohibiting Julius Abure and two other individuals from posing as national officers of the party has been overturned by the Court of Appeal in Abuja. On April 5, 2023, Hamza Muazu, the Presiding Judge, made a ruling on an ex parte application that barred Abure, Farouk Ibrahim, Clement Ojukwu, and Oluchi Opara from serving as national officers of the LP. Additionally, the court rejected Abure’s objection to his removal from the position of LP chairman. Martins Esikpali John, Lucky Shaibu, Isah Zekeri, Omogbai Frank, Abokhaiu Aliu, Ayohkaire Lateef, John Elomah, and Ayobami Arabambi…

The arrest and detention of two executives of the cryptocurrency trading platform Binance, according to former minister of state for defense Musiliu Obanikoro, is proof that President Bola Tinubu’s administration is making an effort to address security concerns in Nigeria. On Channels Television’s Sunrise Daily program on Wednesday, Obanikoro, a former lawmaker who served as the district’s representative for Lagos Central Senatorial District from 2003 to 2007, made an appearance. “I don’t want to speak to some of the things that the security people are doing. Among them which we also saw last week was the arrest that the NSA…

As per the Bloomberg Billionaires Index on Monday, Jeff Bezos has surpassed Elon Musk to regain his position as the richest person on Earth. The founder of Amazon had a net worth of $200 billion, while Musk came in second with $198 billion. According to the index, Bezos has made $23 billion in gains throughout the last year, while Musk has lost almost $31 billion.On Monday, Tesla’s stock had fallen more than 7%. In May 2023, Musk regained his position as the richest person in the world by surpassing Bernard Arnault, CEO of LVMH (LVMHF), the head of one of…

According to Musiliu Obanikoro, a former minister of state for defense, the federal government may be bridging the growing difference in the ultimate price of Premium Motor Spirit (PMS), popularly known as gasoline, between the US dollar and the Nigerian naira. The leader of the All Progressives Congress (APC) believes that the federal government ought to be open and honest about whether or not the subsidy has been restored. In his inaugural speech on May 29, 2023, President Bola Tinubu announced the end of the petrol subsidy era. Depending on the region of the country, the price of this necessary…

Six out of ten HIV-positive people in Nigeria are female, according to Dr. Gambo Aliyu, Director General of the National Agency for the Control of AIDS. In addition, Aliyu stated that compared to men in the same age range, young Nigerian women have a threefold higher risk of HIV infection. In a press release on Tuesday in honor of the 2024 International Women’s Day, Aliyu demanded the empowerment of women in Nigeria. Every year on March 8, people commemorate IWD. “Invest in women: Accelerate progress” is the United Nations’ official theme for the day. The topic emphasizes the value of…

According to the Manufacturers Association of Nigeria, 335 enterprises experienced financial difficulties in 2023 while 767 manufacturers ceased operations. This occurred against a backdrop of worsening investment conditions due to growing inflation, volatile exchange rates, and other economic issues. This was said by MAN in a statement denouncing the Federal Government’s recently implemented Expatriate Employment Levy. The levy is in direct opposition to President Bola Tinubu’s Renewed Hope Agenda and the foundation of his Fiscal Policy and Tax Reform effort, the association claimed, leaving it stunned. The unforeseen negative effects on the manufacturing sector, according to MAN, are enormous and…

The Ilorin Emirate Descendants Union’s proposal to have the official photos of the Emir of Ilorin displayed in each of the five local government offices under the Ilorin Emirate labeled as “a joke carried too far” has been characterized by a group of elders functioning under the auspices of the Kwara South Consultative Forum. The organization said that it was hard for them to see the logic of this absurd proposal during a press conference that was presided over by Chief Joseph Aderibigbe, the group’s president. At its 58th Annual Conference, which took place on December 25, 2023, the Ilorin…

In order to properly honor retired police officers’ significant achievements to the nation, President Bola Tinubu has promised to oversee an expeditious evaluation of their pension and severance benefits. Additionally, Tinubu announced that his administration will start the process of issuing an Executive Order designating a day between March 5 and April 1 as the nation’s official National Police and Veterans’ Day. He made these remarks on Tuesday during his speech at the Police Veterans’ Foundation’s official launch, which took place at the Police Service Commission’s Abuja headquarters. In the person of Imaan Sulaiman-Ibrahim, Minister of State for Police Affairs,…

Cryptocurrency exchange Binance has declared its intention to stop offering any services associated with the Nigerian Naira. The Nigerian currency, the Naira, was allegedly exploited by the cryptocurrency exchange site Binance, which caused a wild slide in its value. In addition, the business is accused of, among other things, tax evasion, money laundering, and financing terrorism. Among the world’s biggest peer-to-peer cryptocurrency markets is Nigeria. According to Chainalysis, the total value of cryptocurrency transactions in the nation between July 2022 and June 2023 was $56.7 billion. However, the business suggested in a statement on Tuesday that users either withdraw NGN,…