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Osun considers appeal as court reinstates Oba Famoodun as monarch

Justice A. Ayoola of an Osun State High Court sitting in Ile-Ife on Thursday voided the removal of Oba Adegboyega Famoodun as Owa of Igbajo by the Osun State Government. Oba Famoodun had been removed by the state government following the implementation of the resolutions contained in the White Paper issued by the panel that
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Justice A. Ayoola of an Osun State High Court sitting in Ile-Ife on Thursday voided the removal of Oba Adegboyega Famoodun as Owa of Igbajo by the Osun State Government. Oba Famoodun had been removed by the state government following the implementation of the resolutions contained in the White Paper issued by the panel that

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Trump insists Egypt, Jordan will take Gazans

US President Donald Trump insisted Thursday that Egypt and Jordan would take in displaced Gazans, despite the two Arab nations dismissing his plan to move Palestinians from the territory. Trump’s comments came a day after Egyptian President Abdel Fattah al-Sisi and Jordan’s King Abdullah II rejected any forced displacement of Gazans following the war between
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US President Donald Trump insisted Thursday that Egypt and Jordan would take in displaced Gazans, despite the two Arab nations dismissing his plan to move Palestinians from the territory. Trump’s comments came a day after Egyptian President Abdel Fattah al-Sisi and Jordan’s King Abdullah II rejected any forced displacement of Gazans following the war between

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My govt laid solid foundation for democratic governance – Abdulsalami

The former Head of State, General Abdulsalami Abubakar (retd.), expressed his excitement about the role his administration played in Nigeria’s 26 years of uninterrupted democracy. During the Inter Party Advisory Council public launch of its book, ‘100 Years Of Political Parties Evolution In Nigeria (1923 – 2023)’, held on Thursday in Abuja, the former military
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The former Head of State, General Abdulsalami Abubakar (retd.), expressed his excitement about the role his administration played in Nigeria’s 26 years of uninterrupted democracy. During the Inter Party Advisory Council public launch of its book, ‘100 Years Of Political Parties Evolution In Nigeria (1923 – 2023)’, held on Thursday in Abuja, the former military

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NCC blames failed 5G auction for 2024 revenue shortfall

The Nigerian Communications Commission has disclosed that the failure of telecommunications companies to purchase 5G spectrum licences was largely responsible for its low revenue generation in 2024. The NCC’s Director of Financial Services, Yakubu Gontor, and its Chief Executive Officer/Executive Vice Chairman, Aminu Maida, revealed this during the 2025 budget defence before the National Assembly
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The Nigerian Communications Commission has disclosed that the failure of telecommunications companies to purchase 5G spectrum licences was largely responsible for its low revenue generation in 2024. The NCC’s Director of Financial Services, Yakubu Gontor, and its Chief Executive Officer/Executive Vice Chairman, Aminu Maida, revealed this during the 2025 budget defence before the National Assembly

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Mobile money drives growth as Airtel Africa declares $248m profit

Airtel Africa has announced a profit after tax of $248 million approximately N190.4 billion, for the nine-month period ending December 2024. In the company’s financial statement filed on the Nigeria Exchange Limited on Thursday, the company recorded growth in its revenue, with mobile money transactions increasing by 29.6% year-on-year to reach $731m. The revenue from
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Airtel Africa has announced a profit after tax of $248 million approximately N190.4 billion, for the nine-month period ending December 2024. In the company’s financial statement filed on the Nigeria Exchange Limited on Thursday, the company recorded growth in its revenue, with mobile money transactions increasing by 29.6% year-on-year to reach $731m. The revenue from

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Nigerian equity market sustains bullish streak with N348bn turnover

The Nigerian equity market maintained its bullish momentum at the close of Thursday’s trading session, recording a total turnover of N348bn, signalling a positive outlook for investors. In terms of market performance, the All-Share Index rose by 194.69 points, or 0.19 per cent, to close at 104,744.43. The ASI has recorded a week-on-week gain of
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The Nigerian equity market maintained its bullish momentum at the close of Thursday’s trading session, recording a total turnover of N348bn, signalling a positive outlook for investors. In terms of market performance, the All-Share Index rose by 194.69 points, or 0.19 per cent, to close at 104,744.43. The ASI has recorded a week-on-week gain of

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FBN Holdings reports N738.9bn profit as revenue soars

FBN Holdings Plc recorded a 138 per cent increase in profit for the 2024 financial year, rising to N738.9bn from N310.4bn reported in 2023. The group’s financial statement, released on the Nigerian Exchange Limited, showed that profit before tax rose by 142 per cent to N862.4bn, compared to N356.1bn in the previous year. Interest income
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FBN Holdings Plc recorded a 138 per cent increase in profit for the 2024 financial year, rising to N738.9bn from N310.4bn reported in 2023. The group’s financial statement, released on the Nigerian Exchange Limited, showed that profit before tax rose by 142 per cent to N862.4bn, compared to N356.1bn in the previous year. Interest income

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IG stay in office lawful despite retirement age — AGF

The Attorney General of the Federation and Minister of Justice, Prince Lateef Fagbemi, has affirmed the legality of the continued stay in office of the Inspector General of Police, Kayode Egbetokun, despite his attainment of the mandatory retirement age of 60. In a statement he signed and released on Thursday, Fagbemi clarified that Egbetokun’s tenure
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The Attorney General of the Federation and Minister of Justice, Prince Lateef Fagbemi, has affirmed the legality of the continued stay in office of the Inspector General of Police, Kayode Egbetokun, despite his attainment of the mandatory retirement age of 60. In a statement he signed and released on Thursday, Fagbemi clarified that Egbetokun’s tenure

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NSCDC cracks down on illegal gold miners in Edo, arrests 15

The Edo State Command of the Nigeria Security and Civil Defence Corps has arrested 15 suspected illegal gold miners in Egbetua Community, Ososo, Akoko-Edo Local Government Area of the state. The Edo State Commandant of the NSCDC, Gbenga Agun, stated this on Thursday, noting that the arrest was carried out by operatives of the Auchi
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The Edo State Command of the Nigeria Security and Civil Defence Corps has arrested 15 suspected illegal gold miners in Egbetua Community, Ososo, Akoko-Edo Local Government Area of the state. The Edo State Commandant of the NSCDC, Gbenga Agun, stated this on Thursday, noting that the arrest was carried out by operatives of the Auchi

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