Democratic Senators Probe $220 Million DHS Ad Contracts Linked to Kristi Noem
Democratic senators have launched an inquiry into three firms that secured a $220 million advertising contract promoting the work of outgoing Kristi Noem, seeking to determine whether Noem or other officials at the U.S. Department of Homeland Security personally benefited from the agreements. According to letters obtained by NBC News, Sens. Peter Welch and Richard […]
Iran War Fuels Oil Surge and Job Losses, Complicating Federal Reserve Policy
The escalating conflict with Iran is increasingly posing economic challenges for the United States while complicating policy decisions for the Federal Reserve. Surging oil prices, disruptions to shipping routes in the Middle East, and emerging signs of weakness in the U.S. labor market are creating a difficult economic environment just as inflation had begun to […]
Suspected Tornadoes Kill Four, Injure Dozens in Southwestern Michigan
At least four people were killed and several others injured after suspected tornadoes tore through parts of southwestern Michigan, authorities said. In Branch County, the sheriff’s office reported that a suspected tornado struck the Union Lake area, leaving three people dead and at least 12 injured. Three of the injured were taken to hospitals for […]
Rotimi Amaechi Joins ADC Amid Party Office Attack in Rivers
Former Rotimi Amaechi officially registered as a member of the African Democratic Congress on Friday morning at Ward 8 in Ubima Local Government Area. The registration followed an incident in which unknown individuals set fire to the ADC office in the community, causing panic among residents and partially destroying the party office. Addressing supporters, Amaechi […]
30 Banks Meet Minimum Capital Benchmarks — CBN
The Central Bank of Nigeria has confirmed that 30 banks have met the minimum capital requirements announced in March 2024, with a total of 33 banks raising additional capital through rights issues, initial public offerings (IPOs), and private placements. In a statement on Friday, Hakama Sidi Ali said the recapitalisation programme is designed to strengthen the resilience, stability, and long-term […]
Nigeria Targets 1,600MW Stranded Power with New Grid Firm
President Bola Ahmed Tinubu on Friday inaugurated an 11-member committee to facilitate the incorporation of the proposed Grid Asset Management Company Limited (GAMCO), a federal initiative aimed at tackling persistent electricity grid challenges and unlocking stranded power generation across Nigeria. The committee, chaired by the President’s Chief of Staff, Femi Gbajabiamila, was inaugurated at the […]
Anti-Graft Agency Returns ₦279m to Soyinka Creative Centre
The Economic and Financial Crimes Commission (EFCC) has handed over ₦279 million recovered from a contract fraud case to the Wole Soyinka Centre for Culture and the Creative Arts, formerly known as the National Theatre Lagos. The handover ceremony took place on Friday at the EFCC’s Lagos Zonal Directorate 2 in Ikoyi. According to a […]
Diplomatic Push: Tinubu Posts 65 Ambassadors Worldwide
President Bola Ahmed Tinubu has approved the posting of 65 ambassadors-designate to Nigerian diplomatic missions across the world, including key representations at the United Nations. The move is aimed at strengthening Nigeria’s diplomatic presence in major global capitals. The list includes 31 non-career ambassadors and 34 career diplomats. Their nominations were initially submitted by the President in November […]
Shettima: Nigeria Won’t Allow Insurgents Destroy Peace
Nigeria’s Vice President, Kashim Shettima, has declared that the Federal Government will not allow insurgents to undermine the country’s peace or intimidate its citizens following recent attacks in Borno State. His remarks came after a series of attacks reportedly carried out by insurgents in several communities across the state. The incidents included abductions in Ngoshe and coordinated assaults […]
Four Arrested in London on Suspicion of Spying for Iran on Jewish Community
Police in London have arrested four men suspected of spying on members of the Jewish community on behalf of Iran, authorities said Friday. In a statement, the Metropolitan Police Service said the suspects — one Iranian national and three individuals with dual British-Iranian citizenship — were detained on suspicion of assisting a foreign intelligence service. […]
