Business

The crisis of the Ado-Odo ruling house ends when the court recognizes Adedimeji as Olori-Ebi

The prolonged leadership crisis that has rocked the Okewaye Ruling House of Ado-Odo, Ogun State, has been resolved following a consensus judgment of the Ogun State High Court sitting in Idi-Oke. PLATFORM TIMES reports that the court has adopted the terms of the settlement in case no. HCI/19/2024, establishing Prince (Chief) Sulaimon Babatunde Adedimeji as the substantive Olori-Ebi (Head) of …

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FirstBank named strongest brand in 2026

FirstBank, West Africa’s leading financial institution and financial inclusion services provider, has been recognized as the strongest brand in Nigeria in the “Nigeria 25 2026” ranking by Brand Finance, a leading independent brand valuation and strategic consultancy firm. The Bank has achieved an AAA+ rating, the highest possible recognition, underlining the unrivaled brand strength and leadership in the financial sector. …

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Court finds former minister Mamman Saleh guilty of ₦33.7 billion fraud on energy projects, orders arrest for sentencing – THIS FACILITY

By Victor Osula, Abuja The Federal High Court in Abuja has convicted former Energy Minister, Mamman Saleh, on 12 counts of fraud and money laundering brought against him by the Economic and Financial Crimes Commission (EFCC), in a case bordering on the alleged diversion of funds meant for the Mambilla and Zungeru hydropower projects. Justice James Omotosho, delivering the ruling …

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Former Energy Minister Convicted of $33.8 Billion Fraud

The Federal High Court in Abuja, on Thursday, convicted former Energy Minister, Saleh Mamman, on charges bordering on the crime of money laundering. Although Mamman was conspicuously absent in court, Justice James Omotosho, in his ruling, found that the EFCC had been able to establish the 12-count amended charge against the accused beyond all reasonable reasonableness. “The prosecution established that, …

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Nigeria tops world rankings for voter apathy – Jonathan warns

…Former president says voter turnout worse than in 14 African and Asian nations …breaks silence on 2027, says “I will consult before deciding” Daud Olatunji Former President Goodluck Jonathan raised the alarm over Nigeria’s persistent low voter turnout, warning that the country ranks among the worst globally in voter participation based on his comparative observations across Africa and Asia. Jonathan, …

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The Senate confirmed Umar as chairman of the NMDPRA

lThe Senate on Thursday confirmed the appointment of Rabiu Umar as Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). This confirmation follows the presentation and consideration of the report of the joint Senate Committee on Downstream Oil and Gas at a plenary session in Abuja. Committee Chairman Abdulrahman Kawu said the nominations were in accordance with …

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NGX: Investors lose N1.9tr as equity markets stumble again

Investors in the Nigerian equity market lost N1.92 trillion at the close of trading on Thursday. This follows the fall in stock prices, including UPL, Red Star Express and Sky Aviation, on the stock exchange floor. The benchmark All-Share Index (ASI) fell to 239,734.61 points from 242,729.51 points on the previous trading day. After five hours of trading on the …

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Police expands complaints response unit, asks Nigerians to report misconduct through 24/7 channels – THIS FACILITY

The Nigeria Police Force (NPF) has expanded the capacity of its Police Complaints Response Unit (CRU) and urged the public to make full use of its 24/7 reporting channels to report instances of misconduct, abuse of office, extortion and other unprofessional conduct by police personnel. The Inspector General of Police, Olatunji Disu, made this known during an emergency conference with …

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ACF NEC suspends BOT president and orders forensic audit into alleged wrongdoing

The National Executive Committee (NEC) of the Arewa Consultative Forum (ACF) has suspended the Chairman of the Board of Directors (BOT), Alhaji Bashir Dalhatu, for alleged financial and administrative misconduct, and ordered a full forensic audit of the organisation’s finances. The decision followed an emergency meeting of the NEC held in Kaduna on Wednesday, according to the ACF National Publicity …

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