Category: Uncategorized

  • Why Wigwe’s helicopter crashed- US transport board

    Why Wigwe’s helicopter crashed- US transport board

    The U.S. National Transportation Safety Board (NTSB) has released its final report on the February 9, 2024 helicopter crash that killed Herbert Wigwe, former Group CEO of Access Holdings Plc, his wife Doreen, their son Chizi, and Abimbola Ogunbanjo, former Group Chairman of Nigerian Exchange Group Plc (NGX Group) with two others. According to the…

  • Parents React To Performance of 2025 UTME Candidates

    Parents React To Performance of 2025 UTME Candidates

    On Tuesday, some parents in Lagos expressed disappointment and concerns over the low performance of candidates in the recently concluded 2025 Unified Tertiary Matriculation Examination. The parents said the poor performance could be attributed to several issues. The UTME, organised by the Joint Admissions and Matriculation Board, released a comprehensive statistical breakdown of the 2025…

  • Top 15 cardinals likely to succeed Pope Francis in 2025

    Top 15 cardinals likely to succeed Pope Francis in 2025

    The Nation Newspaper The conclave to elect the 267th Pope will begin today, May 7, following the conclusion of the Novemdiales Masses held to pray for the eternal repose of the late Pope Francis. The date was formally set during the fifth General Congregation on Monday morning, attended by approximately 180 cardinals, just over a…

  • Naira Appreciates in Parallel Market Against U.S. Dollar

    Naira Appreciates in Parallel Market Against U.S. Dollar

    The naira yesterday appreciated to N1, 600 per dollar in the parallel market from N1,610 per dollar last weekend. Similarly, the Naira recorded slight appreciation to N1,605 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN showed that the exchange rate for the naira fell to…

  • APPLY: FG Launches $100,000 Funding Initiative for Filmmakers, Artists

    APPLY: FG Launches $100,000 Funding Initiative for Filmmakers, Artists

    The federal government has launched the creative economy development fund (CEDF), an initiative to support creatives, entrepreneurs, and cultural organisations in Nigeria. The ministry of arts, culture, tourism, and creative economy announced the scheme in a statement on Sunday, according to NAN. The ministry said the fund aims to scale projects with strong financial documentation…

  • Over 1.5m candidates score less than 200 in 2025 UTME

    Over 1.5m candidates score less than 200 in 2025 UTME

    Out of 1,955,069 candidates who sat for the 2025 Unified Tertiary Matriculation Examination (UTME), over 1.5 million of them scored less than 200 in the exam. The statistical analysis of 2025 UTME result released by the Joint Admission and Matriculation Board (JAMB) on Monday indicated that only 420,415 candidates scored above 200 in the 2025…

  • 2027: PDP govs strike deal with Wike

    2027: PDP govs strike deal with Wike

    Punch Newspaper Governors elected under the Peoples Democratic Party and the Minister of the Federal Capital Territory, Nyesom Wike, may have agreed to make concessions to foster unity within the party ahead of the 2027 presidential election. A reliable source told Sunday PUNCH that the Oyo State Governor, Seyi Makinde, represented PDP governors in a…

  • $3bn refinery fraud: N80bn found in sacked MD’s bank accounts

    $3bn refinery fraud: N80bn found in sacked MD’s bank accounts

    Punch Newspaper … P’Harcourt, Warri, Kaduna refineries’ MDs arrested … Kyari, 13 senior ex-NNPCL officials face probe The Economic and Financial Crimes Commission has arrested the recently sacked managing directors and some top officials of the Port Harcourt Refining Company, Warri Refining and Petrochemical Company, and Kaduna Refining and Petrochemical Company. The officials were arrested…

  • FG Summons VCs Over Alleged Student Loan Diversions, Deductions

    FG Summons VCs Over Alleged Student Loan Diversions, Deductions

    The Federal Government has summoned Vice Chancellors of some schools and the Managing Director of Nigeria Education Loan Fund (NELFund) over alleged diversion of funds meant for the student loan scheme. A recent report claimed that about 51 schools had made illegal deductions from student loans under NELFund, prompting the Independent Corrupt Practices and Other…

  • EFCC Traces CBEX Funds to 4 Countries, says Full Recovery Impossible

    EFCC Traces CBEX Funds to 4 Countries, says Full Recovery Impossible

    Vanguard News The Economic and Financial Crimes Commission (EFCC) said it has traced funds linked to the failed crypto bridge exchange (CBEX) scheme to at least four countries. Speaking on a Channels Television programme on Wednesday night, EFCC chairman, Ola Olukoyede, said although efforts are underway to recover the stolen funds, full restitution to victims…