The Nigeria Police Force, through the INTERPOL National Central Bureau (NCB) Abuja, has arrested and repatriated a Chinese fugitive, Xu Qing, to the People’s Republic of China over alleged involvement in a massive Ponzi scheme linked to the illegal collection of public deposits. The repatriation followed an official request from Chinese authorities, who declared the…
Joseph Olasunkanmi Tegbe has said Nigeria’s electricity challenges can only be resolved through tough but transparent reforms, stressing that there are no easy solutions to the country’s long-standing power crisis. Speaking on Wednesday during his screening before the Senate Committee of the Whole, Tegbe said the nation must move away from outdated approaches in managing…
Justice Halilu Yusuf of the Federal Capital Territory High Court in Abuja has awarded N100 million in damages against the Incorporated Trustees of the Socio-Economic Rights and Accountability Project. In his ruling, Justice Yusuf held that two operatives of the Department of State Services (DSS) were justified in filing a defamation suit against SERAP. The…
Taiwo Oyedele, Minister of Finance and Coordinating Minister of the Economy, has reaffirmed that the Federal Government will not reinstate the fuel subsidy. He made this known on May 5 while addressing journalists in Paris, following a meeting between Bola Tinubu, members of the Nigerian delegation, and French business leaders. According to Oyedele, the…
Hakeem Baba-Ahmed, the National Chairman of the Peoples Redemption Party (PRP), has cautioned that Nigeria risks sliding into deeper instability if Bola Ahmed Tinubu secures re-election in 2027 under current conditions. In an interview, Baba-Ahmed argued that the country is grappling with escalating insecurity, widespread poverty, and growing social divisions. He criticized the administration…
Boxing icon Floyd Mayweather is reportedly facing the possible revocation of his U.S. passport over an outstanding tax debt exceeding $7.25 million. According to Ring Magazine journalist Mike Coppinger, the Internal Revenue Service (IRS) has notified Mayweather of its intention to take this step due to what it classifies as a seriously delinquent tax…
President Bola Tinubu is set to leave Abuja on Saturday, May 2, for official visits to France, Kenya, and Rwanda, where he will take part in a series of high-level international meetings. In a statement released on Friday, May 1, Presidential spokesman Bayo Onanuga said the trip will begin in France before the President heads…
The Nigerian military has said that notorious bandit leader Bello Turji will not be able to evade justice indefinitely, vowing that ongoing operations will ultimately lead to his capture. This position was stated by Major General Michael Onoja, Director of Defence Media Operations, during a monthly briefing on the activities of the Armed Forces of…
Shares of Meta Platforms dropped nearly 10% at the opening of Wall Street on Thursday, April 30, in sharp contrast to Alphabet Inc., whose stock surged by more than 6%. The contrasting performances underscore how investors are beginning to differentiate between Big Tech companies based on their strategies for heavy investment in artificial intelligence. Alphabet…
President Bola Tinubu has declared that ongoing insecurity in the country will not discourage him, reaffirming his intention to seek a second term in office despite prevailing challenges. Addressing the issue, the president suggested that some political opponents are attempting to capitalize on the security situation to weaken his leadership. “My adversaries want to use…
