Author: Alade Adisa

The Federal Competition and Consumer Protection Commission (FCCPC) will on May 28, arraign Mr Karl Toriola, the Managing Director and Chief Executive Officer (MD/CEO) of MTN Nigeria Communications Plc. Toriola, MTN Nigeria Communications Plc and others will be arraigned over alleged failure to produce documents and information required by the commission in compliance with a lawful summons contrary to the FCCPC Act. The company and its CEO will be arraigned alongside Tobechukwu Okigbo, MTN’s Chief Corporate Services and Sustainability Officer and Ikenna Ikeme, General Manager, Regulatory Affairs of MTN, before Justice H.J. Yilwa of the Federal High Court in Abuja.…

…As Trudeau calls them a “dumb thing to do” President Trump’s imposition of blanket 25% tariffs on all goods imported from Canada and Mexico drew swift vows of retaliation from the United States’ immediate neighbours on Tuesday. China, which was hit with a second 10% tariff on U.S. exports since Trump took office, bringing the total levy to 20%, immediately announced its own reciprocal measures — deliberately targeting America’s agricultural sector. Below is a look at the measures being imposed or planned by Canada, China and Mexico, and the rhetoric coming from officials in those countries as Trump ramps up…

The Federal Government has announced that it has put in place a new system for paying local government officials directly from Abuja under the Federal Accounts Allocation Committee (FAAC). This approach affects key officials in local government administration, with a total of eight to nine individuals receiving their salaries through the central payment system. Under this new arrangement, each local government will have a Chairman and a Deputy Chairman, along with other key officials overseeing different sectors. The positions include: Officials say this new system is meant to ensure that salaries are paid consistently and transparently. By handling payments from…

President Bola Tinubu has appointed Shamsedeen Ogunjimi as the new Accountant General of the Federation. His appointment follows a thorough selection process and will take effect on March 7, 2025, the day the current officeholder, Oluwatoyin Madehin, is set to retire. Ogunjimi, 57, was initially announced as Madehin’s successor in December 2024. A committee later conducted a competitive selection process involving Directors of Accounts in the Federal Civil Service. The process included a written test, an ICT proficiency exam, and oral interviews before Ogunjimi was chosen for the position. The new Accountant General earned a Bachelor of Science in Accountancy…

The 48-hour ultimatum issued by the Martin Amaewhule-led Rivers State House of Assembly to Governor Siminalayi Fubara to present the 2025 budget has signalled a fresh showdown between the governor and the lawmakers. Also, Governor Fubara has waved off the lawmaker’s opposition to his directive for outgoing local government chairmen to hand over to Heads of Local Government Administration. The governor has, however, told his supporters, especially youths, to remain unperturbed, adding that the time had come for Rivers people to take their destinies in their hands. The latest confrontation comes in the wake of the Supreme Court’s February 28,…

The Labour Party (LP) has dismissed merger plans with any political party or association as the 2027 general elections inch nearer The party’s National Publicity Secretary, Obiora Ifoh, stating that such a move is not under consideration, following calls by the Nigeria Labour Congress (NLC) for rebranding efforts, including a possible merger or coalition in a statement on Monday in Abuja.Ifoh warned the NLC leadership to steer clear of its administration and stop trying to make decisions on behalf of the party. He was reacting to calls for rebranding efforts, including a possible merger or coalition. The NLC, had in…

Legendary Barcelona and Brazilian footballer, Ronaldinho Gaúcho has launched a new cryptocurrency token called STAR10 on the Binance Smart Chain. The token offers holders exclusive benefits, including signed memorabilia and access to an AI-powered assistant. Ronaldinho promoted STAR10 on social media, inviting fans to join him in this new venture. Upon its release, STAR10 experienced an immediate surge in value, climbing over 20% and reaching a peak price of $0.2492. Later, the token was trading at $0.23, reflecting a 13% gain since launch. With a circulating supply exceeding 82 million tokens, STAR10 has already amassed a market capitalization of nearly…

The Senate has stated that it cannot launch an investigation into the allegation of sexual harassment leveled against its president, Dr. Godswill Akpabio by the senator representing PDP, Kogi Central, Natasha Akpoti-Uduagha because there is no formal petition before it. Senator Yemi Adaramodu, the Chairman Senate Committee on Media and Publicity, stated this during an appearance on ARISE TV on Monday. Adaramodu, who represents APC, Ekiti South, also described Akpoti-Uduaghan’s allegation against the Senate President as a storm in a teacup, even as he insisted that all senators, including the accuser (Akpoti-Uduaghan) must adhere to Senate rules in their conduct…

President Donald Trump said Monday that he has decided to move forward with 25% tariffs on nearly all goods imported from Mexico and Canada, after taking a month for aides to negotiate a potential reprieve. The tariffs go into effect at 12:01 a.m. on Tuesday, hours before Trump’s first joint address to Congress in the evening. On Monday, a reporter asked the president if there is room left for Canada and Mexico to arrive at a deal before the deadline. “No room left for Mexico or for Canada, no,” Trump responded. “The tariffs, they’re all set, they go into effect…

Reddit co-founder, Alexis Ohanian announced Monday that he is joining a US bid to buy TikTok, becoming a strategic advisor to the effort. Ohanian said he would join an initiative called “The People’s Bid for TikTok,” launched by real estate and sports tycoon Frank McCourt’s Project Liberty initiative, in a campaign joined by investor Kevin O’Leary, known from the “Shark Tank” television show in which entrepreneurs pitch ideas in bids for venture capital. The group’s approach includes a crowdfunding element aimed at giving individuals and small businesses a stake in the future of TikTok, which is facing a US law…