US President Donald Trump granted pardons on Monday to more than 1,500 of his supporters who stormed the Capitol on January 6, 2021, in a bid to overturn the results of the 2020 election. Trump, just hours after taking office, also ordered that all pending criminal cases against Capitol riot defendants be dropped. Among those …
ICYMI: Suspended RCCG pastor, Iluyomade, unveils new ministry in Lagos
Pastor Idowu Iluyomade, the suspended pastor of the Redeemed Christian Church of God, City of David Parish, has launched a new ministry in Lagos called The Family Fellowship. In a video that went viral on Monday morning, Iluyomade was seen celebrating with members during their inaugural service held at the Civic Centre, Victoria Island, Lagos. …
50% tariff hike: Nigerians may spend N6.74tn on calls
The Nigerian Communications Commission approved a 50 per cent increase in call tariffs on Monday, which may raise the average cost of calls to N16.5 per minute. Based on the 2023 national telephone traffic data, this hike could generate over N6.74tn in revenue for telecom operators in 2025 if call volumes remain stable, hence Nigerians …
Photos of Nyesom Wike as he commission Abuja road
The FCT Minister, Barrister Ezenwo Nyesom Wike, has stated that projects executed in the Area Councils of the Federal Capital Territory (FCT) represent the fulfillment of promises made by President Bola Ahmed Tinubu to FCT residents. During the commissioning of the Naharati Rivers Ukya Access Road with two span river bridges in Abaji Area Council …
NSEMA gives update on Niger State tanker explosion death toll
The Niger State Emergency Management Agency, NSEMA, has released an update on the tanker explosion that occurred at Dikko Junction on Saturday, revealing a rising death toll and widespread destruction. According to a statement issued by NSEMA Director General, Abdullahi Baba Arah, as of 12pm today, the death toll has risen to 98. Additionally, he …
Fears over deportation, border closure as Trump returns to White House
As the 47th President of the United States, Donald Trump, takes office today, LAOLU AFOLABI chronicles his second journey to the White House, and concerns over his immigration and border policies, among others At exactly noon today (6.00 pm Nigerian time), President Donald Trump will take the oath of office as the 47th United States …
Equity market loses N1.45tn in one week
The Nigerian equity market experienced a loss last week, shedding N1.45tn in market capitalisation. The All-Share Index fell by 2.94 per cent, closing the week at 102,353.68 points, while the market capitalisation also dropped by 2.26 per cent to N62.85tn. A total of 2.252 billion shares, valued at N58.83bn, were traded in 63,657 deals, a …
Ex-FirstBank boss Onasanya dismisses fraud allegation
A former Group Managing Director of FirstBank, Dr. Bisi Onasanya, has dismissed claims of his involvement in a commercial loan transaction carried out 12 years ago at the lender. Onasanya refuted the allegation in a statement signed by his communication advisor, Mr. Michael Oshunuyi, on Sunday, wherein he described the claims as baseless and an …
Lagos generated $71.6m from tourism, December festivities — Report
The Lagos State Government has announced that it generated over $71.6 million in revenue from tourism, hospitality, and entertainment during the 2024 ‘Detty December’ celebrations. According to the government, hotels contributed over $44 million, while short-let apartments added $13 million to the total revenue. The Special Adviser to the Governor of Lagos State, Babajide Sanwo-Olu, …
Tanker explosion: Kano gov commiserates with Niger
Kano State Governor, Abba Yusuf, on Monday, extended his heartfelt condolences to the government and people of Niger State over the devastating tanker explosion at Dikko Junction along the Abuja-Kaduna Expressway, which claimed 86 lives. The tragic incident, which occurred on Saturday morning, has so far claimed the lives of no fewer than 98 persons, …