Author: Alade Adisa

Detained leader of the Indigenous People of Biafra (IPoB), Nnamdi Kanu has sued the Force Public Relations Officer (FPRO) of the Nigeria Police Force, ACP Olumuyiwa Adejobi for N20 billion over allegations of libel. Kanu’s lead counsel, Aloy Ejimakor filed the suit on behalf of the IPoB leader at the High Court of the Federal Capital Territory (FCT) on Tuesday. According to the suit, Kanu accused the police image maker of defaming and portraying him as a terrorist leader following media publications of a press statement issued by Adejobi on January 25 where he described IPOB as “a proscribed terrorist…

Read More

The presidential candidate of the Peoples Democratic Party (PDP) in the 2023 general elections, Alhaji Atiku Abubakar has stated that the judiciary is the biggest threat to Nigeria’s democracy. The former vice president spoke as a panellist at a national conference on strengthening democracy in Nigeria, organised by the African Centre for Leadership, Strategy and Development (Centre LSD), the Centre for Democracy and Development (CDD), the Westminster Foundation for Democracy (WFD), the Peering Advocacy and Advancement Centre in Africa (PAACA), and the National Peace Committee (NPC) in Abuja on Monday. Atiku was among the discussants in the paper titled “Party…

Read More

The United States government has suspended funding for HIV treatment in Nigeria and other developing nations following an executive order by President Donald Trump. the administration moved on Tuesday to stop the distribution of drugs for HIV, malaria and tuberculosis, as well as medical supplies for newborn babies, in countries supported by the United States Agency for International Development (USAID). The U.S. is the largest single donor of aid globally, disbursing $72 billion in 2023. The directive, which was signed on his first day in office, but took effect on Tuesday (today) instructed all government agencies managing foreign development aid…

Read More

In Britain, the summer of 2012 — when London hosted the Olympic Games with a stunning opening ceremony — is a beacon of nostalgia. In November of that year, Elon Musk visited the country on a business trip, where he rode a bike around the capital. “I met with many interesting people,” he later wrote on Twitter. “I really like Britain!” His views, to put it mildly, have evolved. Since last summer, when the Labour Party won a landslide majority, ending 14 years of Conservative government, Mr. Musk has accused Britain of going “full Stalin,” being a “tyrannical police state” and sliding toward an…

Read More

Governor Babajide Sanwo-Olu of Lagos State @jidesanwoolu has bagged the ”Governor of the Year” and the “Game Changer Award” organized by the @THISDAYLIVE Newspaper and @ARISEtv. The award presentation was done during the 30th anniversary of ThisDay and 12th anniversary of Arise TV last night in Lagos on Monday. Governor Sanwo-Olu thanked the organizers for the award and promised to continue to work harder and better for Lagosians more than ever before. Here are some photos from the event.

Read More

Hours ahead of the reinauguration of Donald Trump as US president last week, Goldman Sachs hosted its annual investment summit in its London office, and one big so-called Trump trade kept on cropping up: the dollar. The new US president’s economic policy platform remains tough to parse or predict in any kind of detail. But investors, especially speculative hedge funds, have been pretty settled on the idea that Trump means a strong buck — the result of American exceptionalism, stubborn inflation, or both. For many clients it is, as one of the bank’s most senior traders outlined to the assembled…

Read More

The presidential candidate of the Labour Party in the 2023 general elections, Peter Obi has said that he is not interested in any coalition with the sole aim of grabbing power from the ruling All Progressives Congress in the 2027 general elections. The former Anambra State governor spoke when fielding questions from journalists at the sidelines of a two-day National Conference on ”Strengthening Democracy in Nigeria” in Abuja on Monday. The businessman-cum politician declared that his focus remains on addressing critical national issues rather than engaging in political power struggles. His statement reads, “Mr. Chairman, one of the most important…

Read More

Alarmed by the huge number of casualties in tanker fire incidents in the country of late, the Federal Road Safety Corps (FRSC) has warned Nigerians to stop scooping fuel from crashed trucks loaded with petrol. The FRSC Corps Marshal, Shehu Mohammed, gave this warning while addressing newsmen on Monday in Abuja on its recently concluded Operation Zero Tolerance. He expressed sadness over the rising number of collisions and fatalities, especially the rate of deaths arising from the removal of petroleum products from crashed tankers. Mohammed explained that fallen tankers were the reason for the rise in fatalities in 2024. He…

Read More

A former Deputy Majority Leader of the Lagos State House of Assembly, Olumuyiwa Jimoh, has said that Mudashiru Obasa, the former Speaker, should be suspended from the House for insisting that he remains the Speaker of the Assembly despite his removal. Jimoh, who spoke on Channels Television’s Sunrise Daily programme on Monday. said, ”He (Obasa) claims that he is still the speaker, which I think he knows that the implication is automatic suspension. I feel he should be suspended for that. It is an impersonation. “How can he be the bona fide speaker of the house? It is going to…

Read More
Rear picture of Nigeria city

As Nigeria battles rising inflation rates, which reached a near 30-year high of 34.8% in December 2024, the Financial Reporting Council (FRC) has reassured Nigerians that the country has not entered a hyperinflationary economy. In a statement signed by its Executive Secretary, Dr. Rabiu Olowo, the FRC clarified that the application of International Accounting Standards (IAS) 29, which governs financial reporting in hyperinflationary economies, is unnecessary for the 2024 financial year. Rising Inflation: Key DriversAccording to the National Bureau of Statistics (NBS), inflation climbed from 34.6% in November to 34.8% in December, marking the fourth consecutive monthly increase. Key contributors…

Read More