EFCC Arraigns ‘PDP Campaign DG’ Over ‘N26m Money Laundering, Vote-buying’ During By-Election

The Economic and Financial Crimes Commission (EFCC) has arraigned two suspects before a federal high court in Abuja over alleged money laundering and vote-buying involving N26 million. In a statement on Wednesday, Dele Oyewale, EFCC spokesperson, said the suspects, Esther Dawaki and Shehu Aliyu Fatange, were brought before Emeka Nwite, presiding judge, on a five-count…

Read More

FLASH: ‘Obi Of Lagos’, Three Others Arrested Over Illegal Installation Ceremony

Self-proclaimed Obi of Lagos, identified as Chibuike Azubike, alongside three others, are in police custody over alleged arrangements to perform an illegal installation ceremony slated for Saturday in Amuwo Odofin. In a statement on Wednesday, the deputy spokesperson for the state police command, Babaseyi Oluseyi, said the venue, also billed for the unveiling of a…

Read More

BREAKING: Ex-NNPC Boss Mele Kyari Detained In EFCC Custody

The Economic and Financial Crimes Commission (EFCC) has detained Mele Kyari, former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), over allegations of massive financial misappropriation. Kyari was taken into custody at the commission’s headquarters in Jabi, Abuja, on Wednesday afternoon, where he is being interrogated in connection with billions of…

Read More

Trump Is ‘White Idi Amin,’ I Won’t Honour U.S. Consulate Visa Reinterview – Soyinka

Nobel Laureate, Professor Wole Soyinka, has rejected an invitation by the United States Consulate in Nigeria to attend a visa reinterview, warning that under President Donald Trump, whom he described as a “White Idi Amin,” such processes appear suspect and unsafe. In an exclusive interview with TheNEWS/PMNEWS on Tuesday, 9 September, Soyinka confirmed he had…

Read More

BREAKING: National Grid Collapses, Triggers Widespread Outage

GISTSMATE MEDIA reports that the Nigeria’s national electricity grid collapsed again on Wednesday. Data from the Independent System Operator (ISO) revealed that power generation dropped from 2,917.83 megawatts (MW) to just 1.5MW between 11 a.m. and 12 p.m, confirming a national grid collapse. In a statement to its customers, the Abuja Electricity Distribution Company (AEDC)…

Read More

FLASH: Tinubu Orders Regulatory Watch, Monitoring Of Digital Currencies

President Bola Tinubu has directed financial and capital market authorities to monitor the increasing use of stablecoins and digital currencies in Nigeria, cautioning that the shift away from traditional banking systems presents emerging challenges that must be proactively managed. Speaking at the 18th Annual Banking and Finance Conference of the Chartered Institute of Bankers of…

Read More
Go Up