EFCC Chairman Reports Recovery of N60 Billion Loot in Less Than 100 Days
Ola Olukoyede, Chairman of the Economic and Financial Crimes Commission (EFCC), revealed that the commission has received more than 5,000 fraud petitions and successfully recovered N60 billion within the first 100 days of assuming office. Olukoyede highlighted that out of the 5,000 petitions received, the EFCC has greenlit 3,000 for investigation, indicating the commission’s proactive […]
ECOWAS Warns of Economic Fallout as Exit of Niger, Mali, Burkina Faso May Affect $500 Million Projects
The Economic Community of West African States (ECOWAS) issued a stark warning regarding the potential economic fallout resulting from the proposed exit of Niger, Mali, and Burkina Faso from the regional bloc. In a communique released after an extraordinary summit, ECOWAS highlighted the estimated disruption to projects valued at over $500 million if the three […]
US and UK Conduct New Round of Airstrikes on Houthi Targets in Yemen
The Pentagon has reported that US and UK fighter planes executed airstrikes on 18 Houthi sites in Yemen in the latest joint operation by the allies. The strikes, conducted on Saturday, targeted storage facilities, drones, air defense systems, radars, and a Houthi helicopter, according to the US. The UK stated that the action was taken […]
Paris’ Eiffel Tower Poised for Reopening Following Six-Day Strike
The Eiffel Tower in Paris is set to welcome visitors again on Sunday following a six-day closure prompted by strikes. Employees initiated the walkout on Monday, citing concerns about the tower’s management. Société d’Exploitation de la Tour Eiffel (SETE), the tower’s operator, announced that an agreement with unions had been reached on Saturday. This marks […]
Gov Sanwo-Olu Test Run Lagos Red Line Ahead of Commissioning by President Tinubu
Governor Babajide Sanwo-Olu of Lagos State undertook a significant milestone on Saturday as he led a test run of the Lagos Red Line, setting the stage for its anticipated commissioning by President Bola Tinubu scheduled for next week. This pivotal step marks a significant leap forward in the development of Lagos State’s transportation infrastructure. Accompanied […]
ECOWAS Partially Lifts Sanctions on Niger, Mali, and Guinea After Extraordinary Summit
The Economic Community of West African States (ECOWAS) has announced the decision to ease some sanctions imposed on Niger Republic, Mali, and Guinea following an extraordinary summit held in Abuja on Saturday. Following the military coup in Niger Republic on July 26, 2023, which toppled President Mohamed Bazoum, ECOWAS imposed several sanctions on the country. […]
ECOWAS Summit: Tinubu Calls for Constructive Dialogue to Resolve Crisis in Niger, Burkina Faso, Guinea, Mali
The Economic Community of West African States (ECOWAS) convened its Extraordinary Summit at the State House Conference Centre in Abuja, on Saturday, where Nigeria’s President, Bola Tinubu, addressed the gathering as the Chair of the ECOWAS Authority of Heads of State Government. In his welcome address, President Tinubu emphasized the urgent need for constructive dialogue […]
Finance Minister Decries Wealth Imbalance in Nigeria
Wale Edun, the Minister of Finance and Coordinating Minister for the Economy, expressed concern over the unequal distribution of wealth in Nigeria, revealing that only about 5% of Nigerians have savings exceeding N500,000 in their bank accounts. In an interview with Channels TV, Edun emphasized the unacceptable nature of the country’s wealth concentration, where a […]
Tinubu’s Qatar Visit Confirmed Despite Snub Speculations
President Bola Tinubu’s upcoming visit to Qatar in March for bilateral discussions remains on schedule despite speculations of a perceived snub by Qatari authorities. A memo between the Embassy of Qatar in Abuja and the Ministry of Foreign Affairs over preparations for a sideline meeting was leaked and misrepresented to mean that President Tinubu was […]
Jury Holds NRA and Former Leader Wayne LaPierre Responsible for Corruption
The National Rifle Association (NRA) and two high-ranking executives have been held accountable in a civil corruption trial, with a New York jury ruling for the repayment of $6.35m (£5m). In the trial, it was established that former NRA leader Wayne LaPierre incurred significant financial losses for the organization through extravagant personal spending. New York […]
