A Federal High Court sitting in Ikoyi, Lagos, has reserved its ruling on the bail application filed by social media influencer and relationship therapist, Okoro Blessing Nkiruka, popularly known as CEO of Blessing, who is on trial for an alleged ₦36 million fraud. The Economic and Financial Crimes Commission (EFCC) disclosed this in a statement published on its official X …
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Equity markets stalled the bearish sentiment as investors made gains of ₦234 billion
Investors in the Nigerian equity market earned N234 billion at the close of trading on Friday. This follows the rise in prices of shares such as Intenegins, Abbey Mortgage and Daar Communications, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) rose to 242,593.31 points from 242,227.31 points recorded the previous day. After five hours of trading …
Read More »Obafemi Hamzat: Once again, Lagos is right, by Azuh Arinze
Politics, at its best, is about continuity, competence and the ability to build on existing foundations while charting a new course for the future. In Lagos State, Nigeria’s commercial nerve center and arguably its most strategically governed subnational entity, the emergence of Dr Obafemi Hamzat as the governorship candidate of the All Progressives Congress (APC) appears to embody these qualities. …
Read More »The naira weakened further, down ₦3.47 on the official FX market
Nigeria’s currency, the naira, slumped further against the United States dollar at the official window on Friday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,362.21/$1, compared with N1,358.74/$1 on Wednesday. This represents a loss of N3.47 for the local currency against the dollar. On the black market, the naira lost N2 against …
Read More »DSS arrests three ISWAP logistics workers in Borno…
Security operatives in Borno State have arrested three suspected logistics service providers allegedly linked to Islamic State West Africa Province (ISWAP) during a coordinated operation in Kaga Local Government Area. The suspects, identified as Fandi Adam Konto, Aji Bura Modu and Tijjain Abubakar Aisami, were arrested around Mainok village while transporting drugs and other consumable items destined for terrorist hideouts …
Read More »Boko Haram attacks military base, killing 5 soldiers in Borno
Boko Haram terrorists on Friday morning attacked the Nigerian Army base at Mandaragirau in Biu Local Government Area of Borno State and killed eight people. The victims were five soldiers and three members of the Civilian Joint Task Force. Acting Media Information Officer Joint Task Force Headquarters (North East), HADIN KAI Operations, Lt Col Haruna Sani, confirmed the incident in …
Read More »Resident doctors go on strike over repeated burglaries at FMC Abeokuta
Resident doctors at the Federal Medical Centre, Idi-Aba, Abeokuta, Ogun State, have begun a three-day warning strike following a series of security breaches and thefts within the hospital premises. The industrial action, which began on Thursday, was declared by the management of the facility’s specialist doctors’ association after an emergency general meeting. Speaking to PLATFORM TIMES, the president of the …
Read More »11 minors were rescued from an illegal Plateau motorbike park
The Plateau State Gender and Equal Opportunities Commission has discovered illegal car parks operating in the state for almost ten years in the state. This was stated by the Chairperson of the Commission, Mrs. Olivia Dazyam, at a press conference on Friday in Jos. Dazyam said a whistleblower from the Zawan community in Jos alerted the commission via text message. …
Read More »Makinde urges patience over Oriire kidnappings, hosts NAF…
Governor Seyi Makinde Governor Seyi Makinde of Oyo State has reassured families and residents of Oriire municipality area that government and security agencies are working round the clock to secure the release of the abducted teachers and pupils.Makinde gave the assurance on Friday, while hosting a delegation of the Nigerian Air Force led by the Commanding Officer of the Air …
Read More »The court postponed the lawsuit challenging the registration of ADC, AA and others indefinitely
Justice Peter Lifu of the Federal High Court, Abuja, on Friday adjourned proceedings of a lawsuit challenging the registration of the African Democratic Congress (ADC), Accord Party, Action Alliance (AA) and others indefinitely. A judge has been set on Friday to deliver a decision in a lawsuit filed by the Joint Board of the National Forum of Former Legislators against …
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