Business

Alake revokes Baale’s nomination over border dispute

The Alake and paramount ruler of Egbaland, Oba Adedotun Gbadebo, has revoked the appointment of Chief Adewunmi Gbenga as Baale of Elejirin village, declaring the installation null and void with immediate effect following a review of the territorial status of the community. PLATFORM TIMES has obtained a copy of the revocation letter dated June 15, 2026, addressed by the Alakes …

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The United States turns 250: From Washington to Trump, see the list of 45 men who served in 47 presidencies

By Gabriel Akinadewo *Four presidents assassinated*Four people died of natural causes*One resigned*William Henry Harrison served the shortest sentence (31 days)*Franklin D. Roosevelt served longest (12 years)*Grover Cleveland (22nd and 24th presidents) and Donald Trump (45th and 47th presidents) staged dramatic comebacks*John Tyler is the first vice president to assume the presidency*See the only president who has never affiliated with a …

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NIPR AND FRSC SEAL STRATEGIC PARTNERSHIP TO PROMOTE PROFESSIONAL EXCELLENCE AND CAPABILITY DEVELOPMENT

Post views: 16 The Nigerian Institute of Public Relations (NIPR) has commended the Federal Road Safety Corps (FRSC) for its remarkable institutional transformation, particularly the milestones recorded in the digitalisation of the Corps’ operations, describing the achievements as a clear demonstration of visionary leadership, innovation and commitment to service excellence. The praise came as the President and Chairman of …

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Data breach: ProvidusUnity customers report unauthorized card transactions

Fresh concerns over the security of customer financial data have emerged as several ProvidusUnity Bank customers reported unauthorized transactions on their debit cards, months after a major data breach exposed sensitive information belonging to multiple Nigerian institutions. On Friday, some affected customers approached Several customers, who spoke to reporters on condition of anonymity, confirmed they had experienced similar incidents. When …

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Special Investigator Obaze links Buhari and Chief Mustapha to alleged $6.2 million CBN fraud, calls for prosecution – THIS UPDATE

By Victor Osula, Abuja A day after an Economic and Financial Crimes Commission (EFCC) witness told the Abuja High Court that investigators had found no evidence that former Central Bank of Nigeria (CBN) governor, Godwin Emefiele, had personally benefited from the disputed $6.2 million allegedly looted from the apex bank, another prosecution witness on Friday said late former President Muhammadu …

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Ten-Man Silversports FC fall 3-2 to Madoka FC in Imo FA League thriller

Post views: 55 By Wakawaka Sports Silversports Football Club of Mbaise suffered a narrow 3-2 defeat to Madoka FC of Owerri on matchday six of the ongoing 2026 Imo State Football Association League. Mbaise’s young side, who have continued to impress with their fighting spirit in the competition, drew first blood in the 5th minute through centre-back Ebuka, who …

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Dangote Cement will pay $3.3 trillion as dividend over 15 years

Abuja Dangote Cement Plc shareholders will receive a record dividend of N45 per share for the 2025 financial year, which represents a 50% increase over the previous payout and further strengthens the company’s position as one of the most profitable investments in the Nigerian capital market. The company has paid out more than $3.3 trillion in dividends to shareholders over …

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World Bank: Nigeria’s crisis is about revenue, not debt

… The country is moderately indebted by global standards …. Urges FG to increase revenue or risk reimbursement challenges Daud Olatunji The World Bank has said Nigeria’s biggest fiscal challenge is not the size of its debt but the country’s persistently weak revenue generation, warning that unless public profits improve, servicing existing loans and financing crucial development projects will remain …

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