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RMAFC Nears Completion of New Revenue Formula, Salary Review for Public Officials

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has announced that its plan to establish a new revenue allocation formula for all tiers of government is at an advanced stage. RMAFC Chairman, Dr. Mohammed Shehu, disclosed this on Wednesday during a three-day retreat for newly appointed commissioners, held in Uyo. Dr. Shehu also revealed that […]

Court Orders EFCC to Release Aisha Achimugu Within 24 Hours

Justice Inyang Ekwo of the Federal High Court in Abuja has ordered the Economic and Financial Crimes Commission (EFCC) to release businesswoman and socialite, Aisha Achimugu, within 24 hours. Achimugu arrived at the court at about 11:35 a.m. on Wednesday, accompanied by two female EFCC officers. Her appearance followed her arrest on Tuesday at the […]

FG Declares May 1 Public Holiday to Mark Workers Day

The Federal Government has declared Thursday, 1 May 2025, a public holiday to commemorate this year’s Workers’ Day celebration. In a statement issued on Tuesday, the Minister of Interior, Dr. Olubunmi Tunji-Ojo, commended Nigerian workers for their diligence and sacrifice, noting their vital contribution to the nation’s economic growth and global standing. “There is dignity […]

What Happens When Nigeria’s Celebrities Get Candid? Chude Live Delivers Raw Moments

Nollywood filmmaker Funke Akindele, rapper Falz, comedian Bovi, and other entertainers opened up about their personal struggles and triumphs at the debut of the Chude Live Conversation Show on Sunday. Hosted by entrepreneur and storyteller Chude Jideonwo, the show aims to blend humour, vulnerability, and healing in a space where young Nigerians feel seen and […]

Meta Unveils Smarter AI Assistant with Social-Focused Features

Meta Platforms Inc. has introduced new personalisation features for its AI assistant and launched a “Discover” feed aimed at fostering greater social interaction around AI use. In a statement issued on Tuesday, the tech giant said the upgraded Meta AI can now learn user preferences — such as interests in travel or language learning — […]

FG Abolishes BEA Scholarships, Redirects Funds to Local Students

The Minister of Education, Dr. Tunji Alausa, has announced the termination of the Bilateral Education Agreement (BEA) scholarship programme, describing it as an inefficient use of public funds. Dr. Alausa made the announcement in Abuja on Tuesday during a courtesy visit by the newly elected leadership of the National Association of Nigerian Students (NANS). He […]

NNPCL Dismisses Bala Wunti, Top Officials Weeks After Kyari’s Departure

The Nigerian National Petroleum Company Limited (NNPCL) has dismissed several top officials, just 27 days after the departure of its former Group Chief Executive Officer, Mele Kyari. Among those affected is Bala Wunti, Chief Upstream Investment Officer at NNPC Upstream Investment Services (NUIMS), which manages the Federal Government’s interests in the oil and gas upstream […]

Zenith Bank Pays ₦195.67bn Dividend, Assures Shareholders of Bigger Returns

Zenith Bank Plc has delighted shareholders with a total dividend payout of ₦195.67 billion for the 2024 financial year, reaffirming its reputation for consistent returns and robust financial performance. At its 34th Annual General Meeting (AGM), held on Tuesday, 29 April 2025 at the Civic Centre, Victoria Island, Lagos, shareholders approved a final dividend of […]

Delta Exodus: PDP Cries Foul, Vows Legal Fight for ‘Stolen Mandate’

The National Working Committee (NWC) of the Peoples Democratic Party (PDP) has resolved to initiate legal proceedings against Delta State Governor Sheriff Oborevwori and other key stakeholders who recently defected to the All Progressives Congress (APC). Following a marathon six-hour closed-door meeting at its national secretariat in Abuja on Tuesday, the PDP leadership instructed its […]

E-Money in EFCC Custody Over Naira Abuse

The Economic and Financial Crimes Commission (EFCC) has arrested popular Nigerian socialite, Emeka Okonkwo, widely known as E-Money, over alleged abuse of the Naira and suspected money laundering. The arrest reportedly took place in the Omole area of Lagos State, with E-Money subsequently transferred to the EFCC headquarters in Abuja. Sources revealed that E-Money was […]

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