Author: Akintayo Adams

The Independent National Electoral Commission (INEC) has dismissed reports claiming that its Chairman, Prof. Mahmood Yakubu, has passed away. A statement released by Rotimi Oyekanmi, Chief Press Secretary to the INEC Chairman, described the rumors as “fake news” and assured the public that Yakubu is alive and well. The rumors, which began circulating on social media on December 9, 2024, claimed that Yakubu had died in a London hospital following a brief illness. However, Oyekanmi emphasized that Yakubu has not traveled to London in the last two years and was present at recent meetings with the House of Representatives Committee…

The Academic Staff Union of Polytechnics (ASUP) has suspended its two-week warning strike and directed its members nationwide to return to work starting Monday, December 16, 2024. The decision follows a conciliation meeting with the Federal Ministry of Labour and Employment on December 9, 2024, where a new Memorandum of Understanding (MoU) was signed to address the union’s grievances. Another meeting is scheduled for January 23, 2025, to assess compliance and address any remaining issues. ASUP President, Shammah Kpanja, commended the union members for their resilience and commitment during the strike period and urged them to resume their duties. Get…

In a year marked by remarkable achievements and groundbreaking contributions, five extraordinary Nigerian women have been named among the Time’s most influential women of 2024. These trailblazers have not only made significant strides in their respective fields but have also inspired countless others with their leadership, innovation, and dedication. Their influence extends far beyond Nigeria’s borders.” These women have made significant contributions in their respective fields and continue to inspire many with their leadership and achievements. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.

South Korea’s National Assembly has voted to impeach President Yoon Suk Yeol over his attempt to impose martial law. Out of 300 lawmakers, 204 voted in favor of impeachment, while 85 voted against it. President Yoon is now suspended from office while the Constitutional Court deliberates on whether to uphold his removal. Prime Minister Han Duck-soo will serve as the interim president during this period. If the court backs his removal, Yoon would become the second president in South Korean history to be successfully impeached. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.

Abiola Kayode, a 37-year-old Nigerian national, has been extradited from Ghana to the United States to face charges related to a $6 million cyber fraud scheme. Kayode, who was on the FBI’s Most Wanted Cyber Criminal List, was arrested in Ghana in April 2023 and extradited to Nebraska following a formal request from the US. Kayode is accused of participating in a Business Email Compromise (BEC) scheme between January 2015 and September 2016, which defrauded businesses in Nebraska and other states of over $6 million. The scheme involved impersonating high-ranking executives to trick employees into making fraudulent wire transfers. Many…

The Naira, on Friday, depreciated against the dollar. In the official market, the Naira fell to ₦1,540.00 per dollar from ₦1,532.00 on Thursday. Related || FAAC distributes ₦1.7tn among tiers of Govt In the parallel market, it closed at ₦1,660.00 per dollar, up from ₦1,640.00 on Thursday. This depreciation is linked to ongoing adjustments to the newly introduced Electronic Foreign Exchange Matching System (EFEMS), which aims to enhance transparency in FX transactions. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.

The Federation Accounts Allocation Committee (FAAC) has disbursed a total of ₦1.727 trillion as revenue for November 2024 among the Federal Government, states, and local government areas. The distribution was finalized during the FAAC meeting held in Abuja. The total distributable revenue included ₦455.354 billion from statutory allocations, ₦585.700 billion from Value Added Tax (VAT), ₦15.046 billion from the Electronic Money Transfer Levy (EMTL), and ₦671.392 billion from Exchange Difference revenue. The gross revenue for November was ₦3.143 trillion, with deductions for collection costs amounting to ₦103.307 billion and ₦1.312 trillion allocated for transfers, interventions, and refunds. From the total…

Lt. Changfe Maigari has made history as the first female pilot in the Nigerian Navy since its inception in 1964. Maigari, who hails from Langtang North Local Government Area of Plateau but was born in Kaduna, was presented with the ‘Pilot Wing’ award during the 2024 Nigerian Navy Ceremonial Sunset at the Naval Training Command Headquarters in Ebube-Eleme, Rivers. Maigari’s journey began in 2016 when she graduated from the Nigerian Defence Academy (NDA) and was commissioned as a Sub Lieutenant. She completed her basic pilot training and fulfilled all requirements to achieve this milestone. In an interview, Maigari shared that…

Governor Francis Nwifuru of Ebonyi State has approved a ₦150,000 Christmas bonus for each civil servant in the state. The announcement was made during a banquet organized in honor of the visiting British Deputy High Commissioner to Nigeria, Gill Lever, at the Government House in Abakaliki. Governor Nwifuru stated that the bonus is a gesture of appreciation for the workers’ commitment to duty and their understanding during the recent strike action. He directed that every worker should receive the bonus before the close of work on Tuesday next week. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.

The Federal Government has suspended the monthly review of electricity tariffs as the power subsidy climbs to ₦768.68 billion in four months. This decision comes amid concerns over the financial strain on the power sector and the lack of budgetary provision for tariff shortfalls in the 2025 budget. The Nigerian Electricity Regulatory Commission (NERC) had previously adjusted end-users’ tariffs monthly, factoring in the prevailing economic situation, including inflation, foreign exchange, and gas prices. However, the Federal Government has now halted this practice. Electricity generation, which was promised to reach 6,000 megawatts by the end of 2024, currently hovers between 2,000MW…