Author: Friday Omosola

The Inspector-General of Police, IGP, Kayode Egbetokun, has inaugurated Police Anti-Money Laundering Units. He appointed financial expert Hyacinth Edozie, along with officers holding the rank of Chief Superintendents of Police (CSPs), to lead the units in all State Criminal Investigation Departments (SCIDs) nationwide. Egbetokun described this initiative as a strategic measure to bolster the police’s role in national security, particularly in combating financial crimes. He emphasised its significance in addressing the advanced methods employed by terrorist organizations and other criminal networks to finance their operations. The IGP reaffirmed that the establishment of these units highlights the police force’s unwavering commitment…

The Lagos State Government has unveiled a comprehensive traffic diversion plan to accommodate technical checks, duct calibration, and land route repairs on the Island.  The repairs, scheduled to begin on Friday, January 17, 2025 and end on Friday, January 31, 2025, will involve key locations across the Island. The designated repair locations for the scheduled works include Bonny Camp Underbridge to Eko Atlantic Sales Office, Eko Hotel Roundabout, Officer’s Mess inward Independence Bridge, Ajose Adeogun to Ligali Ayorinde, and Ligali Ayorinde to the end of Landmark. On January 17 to 31, repairs along the Bonny Camp Underbridge to Eko Atlantic…

As Nigeria celebrates Armed Forces Remembrance Day, a retired military officer, Colonel Nasiru Salami, has expressed deep dissatisfaction with the treatment of Nigerian Army retirees, describing it as unfair and disheartening. The 76-year-old civil war veteran shared his story as a guest on Channels Television’s ‘The Morning Brief’ programme.  Recounting his journey, Salami revealed that he enlisted in the Nigerian Army in October 1967 and, after just six weeks of training, was thrust into the Biafra war. He spent 11 gruelling months on the battlefield during the civil war from 1967 to 1970. The former soldier, now serving as Secretary…

President Bola Tinubu has emphasised that both Nigeria and the world are in urgent need of peace as the country observes Armed Forces Remembrance Day. In a statement posted today on his X page, Tinubu stated that the day serves as an opportunity for the nation to express gratitude and honour the sacrifices made by ex-servicemen and women who selflessly laid down their lives to defend Nigeria’s territorial integrity and the peace of other nations. “Our nation is in dire need of peace, and so is the World. As we mark this solemn event today, remember that people laid down…

President Bola Tinubu, on Wednesday in the United Arab Emirates, reaffirmed Nigeria’s commitment to collaborating with other nations to build a resilient, equitable, and sustainable world. Addressing a global audience on the second day of the 2025 Abu Dhabi Sustainability Week, the president spoke on the theme, “From Climate Imperatives to Economic Prosperity: Bridging Africa with the Global Energy Future.”  He emphasised that no single nation can achieve sustainability in isolation, highlighting that global interconnectedness necessitates collective action, knowledge sharing, and mutual support. President Tinubu also described the fight against climate change as not just an environmental obligation but a…

The Nigerian Communications Commission (NCC) has instructed telecommunications companies to deactivate the Unstructured Supplementary Service Data (USSD) codes assigned to nine banks due to a backlog of unpaid debts.   In a directive issued by the NCC’s Director of Public Affairs, Reuben Muoka, on Tuesday and obtained by, the affected banks have until January 27, 2025, to settle their debts or risk losing access to their USSD platforms. Although the NCC did not disclose the total amount owed, it revealed that the debts, some of which date back to 2020, were part of an initial sum exceeding N200 billion owed by…

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, claiming that his 2022 purchase of Twitter shares violated securities laws. The SEC’s court filing, published Tuesday, asserts that Musk failed to submit a required beneficial ownership report after acquiring more than five per cent of Twitter’s common stock in March 2022. The SEC argues that Musk’s failure to file the report on time allowed him to continue buying shares at “artificially low prices,” enabling him to underpay by at least $150 million for shares purchased after the report was due. The 53-year-old attorney, Alex Spiro,…

The National Assembly Joint Committee on Livestock Development has raised concerns over the proposed N11.8 billion budget allocation for the newly created Federal Ministry of Livestock Development, describing it as insufficient for the ministry’s successful launch. The Federal Government allocated N10 billion for capital expenditure and N1.8 billion for operational costs in the ministry’s 2025 budget. During the budget defence session on Tuesday, Minister Idi Maiha, along with senior officials and agency heads, outlined the ministry’s financial needs to the joint committee. Maiha explained that the ministry, which was separated from the Ministry of Agriculture and Food Security, began operations…

Godswill Akpabio, the President of the Senate, has urged lawmakers to renew their dedication to addressing Nigeria’s pressing challenges, with an emphasis on national development and legislative reforms. During a plenary session on Tuesday, which marked the Senate’s return after the holiday break, Akpabio made this call for renewed commitment.  In his speech titled “Rising to the Greatness of Our Calling”, he emphasised the necessity for a collective resolve to transform Nigeria into a nation characterized by progress and hope. He highlighted the significance of the national budget, describing it as not merely a financial tool but as a reflection…

The Ekiti State government has taken proactive steps to ensure food security by establishing storage facilities across the state. These facilities aim to purchase and store farm produce during harvest seasons, releasing them during periods of scarcity to stabilize food supply and prices. Governor Biodun Oyebanji, during an inspection of one of the storage facilities in Ado-Ekiti yesterday, explained that the initiative is part of efforts to prevent the food scarcity experienced in the state last year.  He highlighted that the government is focused on addressing food shortages, reducing post-harvest losses, and ensuring year-round food sufficiency. Speaking to journalists after…