AN early morning fire, on Friday, gutted a two-storey building warehousing textile materials on Ifejika Street, near Main Market on Sokoto Road, Onitsha, Anambra State. The Fire Chief of the Anambra State Fire Service, Mr Chukwudi Chiketa, confirmed the incident to the News Agency of Nigeria (NAN) in Onitsha. Chiketa …
Read More »Elon Musk Sells X to his AI Startup for $33 billion
Billionaire entrepreneur Elon Musk has announced the merger of his artificial intelligence startup, xAI, with his social media platform, X, in an all-stock transaction valued at $33 billion. This move brings xAI’s valuation to $80 billion, while X is valued at $33 billion. Both xAI and X are privately held …
Read More »Crude oil Price Rises above $74 amid U.S. Sanctions, Trade War Concerns
Brent crude futures rose by 8 cents (0.1%) to $74.11 per barrel as of 0949 GMT, extending an eight-day winning streak — its longest since May 2022. U.S. West Texas Intermediate (WTI) crude also climbed 5 cents (0.1%) to $69.97 per barrel. Both benchmarks have gained roughly 2.5% this week …
Read More »President Tinubu Appoints Sowade Oluwakayode, 3 Others as Executives at River Basin Authorities
PRESIDENT Bola Tinubu has appointed Sowade Oluwakayode and three others to executive positions in the River Basin Development Authorities under the Federal Ministry of Water Resources. This was disclosed in a statement by Bayo Onanuga, Special Adviser to the President on Information & Strategy, on March 28, 2025. The appointments …
Read More »Constituents Want Chairman Of Senate Committee On Ethics, Privileges And Public Petition, Imasuen Removed
MEMBERS of the Human Rights Community in Edo South Senatorial District have demanded for the removal of Senator Neda Bernards Imasuen representing the district in the senate chambers in Abuja on a chain of allegations bothering on what they among others claimed to be his failure, corruption, abuse of office …
Read More »President Tinubu establishes Nigeria indexes of academic publications
● Approves monetization guidelines for lecturers, students, and researchers ●Students now obligated to deposit final academic reports into a national database ●Targets USD9.85bn global market The Federal Executive Council, FEC, has approved the commencement of the various activities that constitute the Nigeria Education Repository and Databank (NERD) programme. This is …
Read More »N5m Fraud: ICPC Arraigns ex-foreign Affairs Director
THE Independent Corrupt Practices and Other Related Offences Commission has arraigned a former Deputy Director in the Ministry of Foreign Affairs, Christiana Goka, for allegedly misappropriating public funds amounting to N5,398,656. Goka, who also served as the Head of the Department of Research Monitoring Information System at the Directorate of …
Read More »Ex-presidential spokesperson, Doyin Okupe, buried
THE remains of Dr Doyin Okupe, former presidential spokesperson to former Presidents Olusegun Obasanjo and Goodluck Jonathan, have been buried in his hometown, Iperu-Remo in Ikenne , Ogun state. The News Agency of Nigeria (NAN) reports that Okupe died on March 7, 2025, at the age of 72. At the …
Read More »NIPR inducts 515 New Members
THE Nigerian Institute of Public Relations (NIPR) on Friday inducted 515 new members into the profession. Speaking at the ceremony conducted at Nasarawa State University Keffi (NSUK), , Dr Ike Neliaku, President, NIPR charged the new inductees to be change drivers. Neliaku urged the inductees to use their licence as …
Read More »GTCO PLC Releases 2024 full year Audited Results, pays Shareholders Record Dividend of N8.03k for 2024 Financial year
Guaranty Trust Holding Company PLC (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2024, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of N1.266 trillion, representing an increase of 107.8% …
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