Business

Few minutes ago, I came across a deliberately distorted report of what supposedly transpired at a stakeholders meeting of Ogun Central Senatorial District, held at the Hilltop residence of former Ogun State Governor, Aremo Olusegun Osoba. The tone of the report in particular, published by an obviously biased blog, reveals nothing more than a war operation by apologists for detractors …

Oladeji Adedamola Adedayo did not start his university journey with Physiology as his first choice. After missing the cut-off mark for Medicine and Surgery with a UTME score of 218, he decided to stay at the College of Medicine, Ekiti State University, where he studied Physiology. What seemed like a setback ultimately turned into a decisive turning point. Graduating with …

By Victor Osula, Abuja The Federal High Court in Abuja has restrained the Nigeria Police Force and the Federal Road Safety Corps (FRSC) from imposing fines on motorists for insuring third party motor vehicles without a valid court order. The ruling, delivered by Justice Hauwa Yilwa on Friday, follows a lawsuit filed by activist-lawyer Deji Adeyanju against the Inspector General …

The Economic and Financial Crimes Commission (EFCC) has arrested a former board chairman of the defunct Skye Bank Plc Plc, Tunde Ayeni, for alleged money laundering, embezzlement and diversion of funds A source close to the commission said on Friday that Ayeni, a businessman, was picked up on Thursday in Abuja. The former president, the source said, was questioned for …

Investors in the Nigerian equity market earned N1.8 trillion at the close of trading on Friday. This follows a surge in the prices of shares such as UPDC, Academy Press and HM Call, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 225,722.49 points from 222,837.68 points on the previous trading day. After five …

The Oyo State Government on Friday confirmed five cases of Lassa fever, with one death recorded in the state. The Commissioner for Health, Oluwaserimi Ajetunmobi, disclosed this during a press conference in Ibadan, the state capital, stressing that the affected patients are currently receiving treatment. He said the infected people were admitted to the Olodo State Center for Infectious Diseases …

By Ayo Kehinde President Bola Tinubu has approved a 30% reduction in debts owed by national airlines to federal aviation agencies, offering crucial financial relief to operators grappling with rising operating costs, particularly sharp increases in aviation fuel prices. According to Reuters, the Minister of Aviation and Aerospace Development, Festus Keyamo, disclosed the presidential approval on Thursday evening, describing it …

The Niger State Police Command has confirmed the abduction of Dr Tony Eghagagara, Head of Medical Services at New Bussa General Hospital in Borgu Local Government Area (LGA). The command’s spokesperson, SP Wasiu Abiodun, confirmed the incident in a statement released in Minna on Friday. Abiodun said Eghagagara was kidnapped on Wednesday around 9.30pm by suspected bandits from his private …

The Nigerian military inaugurated a General Court Martial on Friday to try officers accused of plotting to overthrow the government, officially beginning proceedings in a case that has attracted national attention. The hearing, held at the Scorpion Guards Brigade canteen in Asokoro, began under tight security, with the accused officers transported to the scene at around 8.53am. Journalists were prevented …

Good Governance Advocates have raised fresh concerns over the early retirement directive recently issued by the Nigerian Customs Service. The group urged the Customs authorities to ensure fairness and institutional balance in the implementation of the directive. In a statement issued on Friday by its convener, Ajibade Ojomo, the group criticized the decision to require officers approaching retirement to vacate …