Local Contractors Accuse Tinubu Govt of Diverting Their Funds for Re-Election
Local contractors under the aegis of the All Indigenous Contractors Association of Nigeria (AICAN) have resumed protest over debt being owed by the Federal Government amounting to over four trillion. The protesting contractors blocked the main entrance to the Ministry of Finance on Monday. They accused the federal government of betraying them through the Minister…
Bandits Abduct Over 170 Worshippers In Kaduna Church Raid
Bandits have raided churches in Kurmin Wali community in Kajuru Local Government Area of Kaduna State, abducting over 170 worshippers. According to witnesses, the attackers struck during church services on Sunday. ECWA and Cherubim and Seraphim churches were affected by the attack. Sources said nine vulnerable persons among the victims later returned home. Rev. Joseph…
Blogger Adetoun Onajobi Charged with Cyberbullying, Evades Police
By James Ogunnaike, Abeokuta The Ogun State Police Command has filed a six-count charge against a popular social media blogger, Adetoun Onajobi, also known as @justadetoun, over alleged cyberbullying and false online publications against the Ogun State Government and the state governor. The charges are pending before the Abeokuta Division of the Federal High Court…
NGX Confirms Listing of 3.156 Billion UBA Shares, Deepening Liquidity, Market Capitalisation
The Nigerian Exchange Limited (NGX) has admitted an additional 3.16 billion ordinary shares of United Bank for Africa (UBA) Plc, to its Daily Official List, signalling a major enhancement of the bank’s market capitalisation whilst also deepening liquidity on the capital market. The NGX noted this in a confirmatory letter to the bank, dated…
Fatal Fury: Husband Kills Wife, Then Himself in Shocking Murder-Suicide
Residents of River Valley Estate in the Ojodu – Berger area of Ogun State and the family members of Mr and Mrs Ayoola Ayanwale are yet to come to terms with the unspeakable tragedy that has befallen the couple. It’s alleged that the man killed himself a day after murdering his wife, who bore him…
Court Jails Man Who Exploited Banking Glitch to Steal N48.9m
Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, on Monday, January 5, 2026, convicted and sentenced one Olawale Solomon Faleti, a former employee of the Lagos State Ministry of Education, to two years and five months imprisonment for N48,992,271.73 ( Forty Eight Million, Nine Hundred and Ninety Two Thousand, Two Hundred…
Resign Now,APC National secretary Tells Wike…. Says Don’t Bring Your Reckless Indiscipline Of PDP To APC
National Secretary of the ruling All Progressives Congress, APC, Senator Ajibola Basiru, has warned the Minister of the Federal Capital Territory, Nyesom Wike, to desist from what he described as attempts to destabilise the party. He insisted that the minister should “immediately resign” from the President Bola Tinubu administration if he cannot stop interfering…
GTCO RAISES N10 BILLION IN PRIVATE PLACEMENT
Guaranty Trust Holding Company Plc (“GTCO” or the “Company”) has obtained the approvals of both the Central Bank of Nigeria (“CBN”) and the Securities and Exchange Commission to undertake a private placement of its ordinary shares, subject to the fulfilment of the applicable conditions precedent and regulatory requirements. The Financial Holding Company had earlier on…
Panic In APC Peter Obi officially defects to ADC
Peter Obi, the Presidential candidate of the Labour Party in 2023 has officially joined the coalition-backed African Democratic Congress (ADC). Obi announced his defection in Enugu on Wednesday, December 31. The former governor of Anambra said his defection ahead of the 2027 election is aimed transforming and rescuing Nigeria. “We are ending this year with…
Get Ready to Pay More: Tinubu’s Tax Law Slams N50 Stamp Duty on Transfers Over N10k from Jan 1
FOLLOWING the implementation of the Tax Act, banks will start charging senders a N50 stamp duty on electronic transfers of N10,000 and above from January 1, 2026. The stamp duty or electronic money transfer levy (EMTL) is a single, one-off charge of N50 on electronic receipt or transfer of money deposited in any commercial money…
