Author: Alade Adisa

Investigative journalist Fisayo Soyombo has accused the Nigerian Army of deliberately compromising his safety after being detained for three days in Port Harcourt while conducting an undercover investigation into illegal oil bunkering.“I will be honest, it is the first time I have genuinely felt my security compromised. I believe the army deliberately – the acting spokesman of the Nigerian army deliberately compromised my security by releasing that statement and linking me to oil bunkerers. I was in detention, I made no mention of oil bunkering, now you’ve gone to tell illegal bunkerers that ‘look, this guy was on your trail,’”…

US President-elect Donald Trump has threatened to impose 100 percent tariffs on imports from BRICS countries if they replace the dollar in global trade.The BRICS is an inter-governmental organisation comprising nine countries: Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates (UAE).While the US dollar is the most-used currency in global business, tariffs are essentially a tax or fee on all imported goods by importers and the additional costs are typically passed on to consumers.At a summit of BRIC nations in October, Russian President Vladimir Putin accused the US of “weaponising” the dollar and described…

The Nigeria Police Force said its operatives in Borno have repelled an attack on Jakana Divisional Police Headquarters by a group of terrorists.The Force Public Relations Officer, ACP Olumuyiwa Adejobi said this in a statement on Sunday in Abuja.The police spokesman said the attempted attack occurred on Nov. 28 at about 1:00am, but added that the attempt was met with strong resistance from police operatives.Adejobi said the resistance left many of the attackers with varying degrees of bullet wounds, with a police officer, left with injury and currently responding to treatment.He also said that operatives attached to the Police Command…

Holcim, a Swiss building materials company, has agreed to sell its Nigerian business to Huaxin Cement Ltd., a Chinese firm.The deal, valued at $1 billion, would lead to the sale of Holcim’s 83 percent stake in Lafarge Africa, according to a statement on Sunday.Lafarge Africa Plc is a member of the Holcim Group — a maker of roofing and other housing products, such as cement, aggregates for construction and ready-mix concrete.The company said the agreement has been signed, noting that the transaction is expected to close next year.“Holcim has signed an agreement with Huaxin Cement Ltd to sell its entire…

The Central Bank of Nigeria (CBN) has launched its newly redesigned website, www.cbn.gov.ng, scheduled to go live on Dec. 2.Acting Director, Corporate Communications, CBN, Mrs Hakama Sidi Ali, made this known in a statement on Sunday in Lagos.“We are pleased to announce the launch of our newly redesigned website (www.cbn.gov.ng), which will be operational on Monday, December 2, 2024.“The redesigned website introduces a variety of new content, which encompasses a broader spectrum of information regarding the bank’s mandate.“Additionally, the website is responsive to mobile devices, facilitating navigation across various web browsers and devices.“The bank is grateful for the feedback provided…

Former Vice President Atiku Abubakar has voiced his opposition to the contentious tax reform bills proposed by President Bola Tinubu, echoing the National Economic Council’s (NEC) recommendation for their withdrawal. In a statement released on Sunday, Atiku emphasized the need for a fiscal system rooted in justice, fairness, and equity. He highlighted that Nigerians are united in their demand for policies that do not worsen the existing disparities among the country’s federating units. Atiku also urged transparency and objectivity in the public hearing process being organized by the National Assembly, stressing that such principles are crucial for fostering accountability, good…

President Bola Tinubu has extended his heartfelt congratulations to Alhassan Yahaya on his election as the President of the Nigerian Union of Journalists (NUJ) at the 8th Triennial National Delegates Conference in Owerri, on November 27, 2024. The President also congratulated other newly elected members of the NUJ executive and praised the Union for organizing a rancour-free election at the conference. Tinubu says Yahaya’s overwhelming victory was a testament to the NUJ members’ confidence in his leadership qualities. He expresses optimism that Yahaya’s experience, particularly as the former deputy president of the Union, will be instrumental as he leads the…

Former Head of State, General Yakubu Gowon (retd.) has revealed that he pleaded with late General Sani Abacha not to execute former President Olusegun Obasanjo for an alleged coup plot in 1995. Gowon said this at the maiden edition of the Interdenominational Unity Christmas Carol and Praise Festival organized by the Plateau Government, which also had Obasanjo in attendance. NEW DAILY PRIME reports that Obasanjo was arrested in 1995 by Abacha and convicted of being part of a planned coup to overthrow his government. Obasanjo, in spite of pleading innocent to the coup, was sentenced to death. He spent three…

Van Nistelrooy, newly appointed as Leicester’s manager, watched from the directors’ box as his side’s defensive frailties were ruthlessly exposed. Leicester started brightly, taking the lead in the 22nd minute through Facundo Buonanotte, who finished a Jamie Vardy assist after capitalizing on a defensive lapse by Ethan Pinnock. However, the Foxes’ joy was short-lived. Just three minutes later, Brentford equalized when Schade set up Yoane Wissa to tap in unmarked. Schade then turned scorer, pouncing on chaotic defending to give the Bees the lead. His second goal came in first-half stoppage time, finishing a Mikkel Damsgaard pass from a tight…

With 30 months left in his tenure, Governor Babajide Sanwo-Olu of Lagos State remains firmly in office. However, the political stage is already brimming with activity as ambitious contenders begin their campaigns for the 2027 gubernatorial race. Both ruling and opposition parties are setting the groundwork, and key players are positioning themselves for the Alausa Round House. APC’s Frontline Aspirants In the All Progressives Congress (APC), heavyweights are lining up for a chance to lead Lagos. The list of rumored aspirants includes Seyi Tinubu, the son of President Bola Tinubu; Lagos State House of Assembly Speaker, Mudashiru Obasa; former governor,…