The Presidency on Sunday dismissed any notion of fresh revelations emerging from a United States court order directing the Federal Bureau of Investigation and the Drug Enforcement Administration to release files on President Bola Tinubu’s past investigation. It insisted that the records, which date back to a drug trafficking investigation in Chicago from the early…
Napoli and Manchester United are in advanced talks over the potential transfer of Nigerian striker Victor Osimhen with the Italian club reportedly ready to offer the Red Devils a discount on the player’s release clause. According to Il Mattino, Napoli director Giovanni Manna has flown to London to discuss the sale of the 26-year-old with…
In a bold move to reshape Africa’s digital entertainment space, telecoms giant MTN Group has teamed up with UK-based video software powerhouse Synamedia to launch a next-gen streaming platform for mobile and broadband users across the continent. The partnership, aimed at delivering high-quality, relevant, and accessible content, marks MTN’s entry into direct competition with major players like Netflix, Showmax, Prime Video, and MultiChoice. MTN’s…
President Bola Tinubu says his administration is determined to bequeath a well-trained, well-motivated and well-equipped Police Force whose operations are enhanced by modern tools and technology to combat crime in Nigeria effectively. He said this had become necessary to ensure that the nation’s security forces are constantly “steps ahead of those who threaten the peace,…
The Presidency has debunked widespread reports claiming that President Bola Tinubu has sacked the Chairman of the Independent National Electoral Commission, Professor Mahmood Yakubu. The reports, which went viral early Monday, alleged that Yakubu had been removed from office and replaced with a certain Professor Bashiru Olamilekan in what was described as a “sweeping change”…
Asian equities collapsed on a black Monday for markets after China hammered the United States with its own hefty tariffs, ramping up a trade war many fear could spark a recession. Trading floors were overcome by a wave of selling as investors fled to the hills on the worst day for equities since the pandemic,…
As coalition talks to challenge President Bola Tinubu in the 2027 elections gain traction, northern stakeholders are pushing for southern aspirants to commit to a single-term agreement. A source involved in the coalition negotiations, who requested anonymity due to lack of authorisation to speak on the issue, stated that northern stakeholders are urging former Vice…
The National President of the Nigeria Union of Local Government Employees, Alhaji Haruna Kankara, on Sunday, said about 20 states have yet to implement the N70,000 new minimum wage for local government workers and primary school teachers. The states include Yobe, Gombe, Zamfara, Kaduna, Imo, Ebonyi, Cross River, Federal Capital Territory, Abuja, Borno and 11…
The World Bank has clarified that the planned $10.50m financing to the Central Bank of Nigeria is a grant, not a loan. According to a source at the World Bank who spoke to our correspondent under the condition of anonymity on Friday, the amount is being provided under the Finance for Development Multi-Donor Trust Fund as…
Nigeria’s total public debt rose to N144.67tn ($94.23bn) as of December 31, 2024, representing a 48.58 per cent increase compared to N97.34tn ($108.23bn) recorded at the end of December 2023. The Debt Management Office disclosed this in its latest report on the country’s public debt profile. The report also revealed a quarter-on-quarter rise of 1.65 per…
