Dangote weeps over Wigwe’s demise and immortalises the late banker

It was an emotional moment for business mogul Aliko Dangote at the night of tribute for the late Chief Executive Officer of Access Holdings, Herbert Wigwe held last night at Eko Hotel in Lagos. The event was tagged, “Celebrating Herbert Wigwe’s Professional Legacy.” Pilot News reported that Wigwe, his wife, son, and Abimbola Ogunbanjo, a former chair of the Nigerian stock exchange, were killed in a helicopter crash in California on Friday, 9 February. At...

SSANU, NASU threaten to shutdown all universities

The Senior Staff Association of Nigerian Universities, SSANU, and the Non-academic Staff Union of Education and Associated Institutions, NASU, have threatened a total shutdown of the universities in the country. The unions have given the government one week — this week — to clear the backlog of unpaid salaries for the last four months. SSANU and NASU accuse the government of neglecting an agreement made in 2022 and treating the unions with “disdain” by showing...

House seeks arrest of Binance executives over FOREX rate manipulation 

The House of Representatives Committee on Financial Crimes is on the verge of calling for the arrest of Binance’s CEO, Richard Teng and other senior executives, over allegations of terrorist financing, money laundering, and tax evasion. Binance, the world’s largest cryptocurrency company, has been flagged by the Central Bank of Nigeria, CBN, for its alleged illicit activities. The CBN says Binance manipulated foreign exchange rates through currency speculation and rate-fixing, which have seen the naira...

“Nigeria is open for business,” Tinubu tells foreign investors in Qatar

President Bola Tinubu is urging foreign investors to troop into Nigeria despite the economic uncertainties in the country. Tinubu marketed Nigeria to Arab investors at the Nigerian-Qatar Business and Investment Forum in Doha, on Sunday, saying that his reforms in the last nine months favour innovation and investments. “I am here to give you the assurance that reforms are going on; forget about whatever you heard in the past. Whatever the obstacle or problem that...

Edo youths on vengeance mission kill 2 policemen 

Two policemen on escort duty were on Saturday beaten to death by a group of irate youths in Edo State. Two other officers were seriously wounded. The mob descended on the policemen after they ran over a commercial motorbike, killing the driver along with a woman and her child. An alarm was raised by eyewitnesses and as angry youths started to run to the scene of the accident, the policemen fled to a nearby vigilante...

Shettima to Nigerians: Express your grievances in a responsible and mature manner

Vice-President Kashim Shettima has appealed to Nigerians to make known their grievances against the government “in a responsible and mature manner.” In recent weeks, there have been protests across Nigeria as Nigerians express their frustrations over various government policies that have brought about untold hardship. Shettima acknowledged that the reforms are “more telling on the poor”, but added that they were necessary. “If there are easier and reliable alternatives to the policy choices we have...

Hunger crisis provoke looting of Abuja warehouse

Some residents of the Federal Capital Territory, FCT, on Sunday morning, broke into a government food storage facility to loot stored food items. The warehouse came under siege at about 7:00 a.m. The people, numbering hundreds, exploited the near-total absence of the police and other security personnel to raid the building. A video shared on social media showed people leaving the facility with bags of grains even as others were rushing to the warehouse to...

Nollywood in grief as Mr Ibu passes on

John Ikechukwu Okafor, the Nollywood actor popularly known as Mr Ibu, is dead. The veteran actor died on Saturday, according to Emeka Rollas, the President of Actors Guild of Nigeria, AGN. Rollas said Okafor suffered a cardiac arrest in the early hours of Saturday. He was rushed to the hospital where he died. As of the time of the report, the family of Okafor has yet to release a formal statement, but tributes have started...

“Give Tinubu more time to fix Nigeria”, Information Minister urge Nigerians

President Bola Tinubu’s government is asking Nigerians to be patient while the President works to address the present economic challenges. President Tinubu set about reforming Nigeria’s economy at breakneck speed on his first day in office as the country’s president on 29 May 2023. But the reforms are yet to yield the desired results, adding to the frustrations of Nigerians. Minister of Information and National Orientation, Mohammed Idris said yesterday that the worsening inflation that...

Military killed 974 terrorists in February: Defence Headquarters

A total of 974 terrorists were gunned down in different parts of Nigeria in February as the Nigerian Armed Forces maintained its aggressive posture against terrorists. Defence Headquarters spokesman Major General Edward Buba said on Thursday that among the slain terrorists were three top commanders of the Islamic State of West Africa Province, ISWAP jihadists called Abacha, Bakura, and Babangida. The trio along with 22 of their fighters were killed in a lethal airstrike after...

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