admin

THE presidential candidate of the Labour Party, LP, in the February 25 election, Mr Peter Obi has said that the situation in the country requires that those in authority must lead by example. Obi, who spoke at St Faith’s Anglican Cathedral, Awka during the funeral service of the late Dean of Church of Nigeria, Anglican […]

Former President Muhammadu Buhari never pleaded with his successor, President Bola Ahmed Tinubu, not to investigate former government officials. This is according to Garba Shehu, spokesman of Buhari. He was reacting to reports on social media that when Buhari and Tinubu met in London recently, his principal pleaded that his cabinet members should not be […]

The Rwandan government on Thursday said it remained committed to a United Kingdom plan to send asylum seekers to the African country. This comes despite a ruling by the UK’s Court of Appeal that the scheme was unlawful. “Rwanda remains fully committed to making this partnership work,” government spokeswoman Yolande Makolo told AFP. “While this […]

*Says My Green-Back Passport Is What I Still Have *Says Buhari’s Cashless Policy Didn’t Work, Our Money Was Confiscated President Bola Tinubu on Thursday in Ijebu-Ode, Ogun State, declared that despite the ineffective cashless policy implemented by the Central Bank of Nigeria, he was hopeful and optimistic about achieving victory in the last presidential election. […]

A California-based law firm is launching a class-action lawsuit against OpenAI, alleging the artificial-intelligence company that created popular chatbot ChatGPT massively violated the copyrights and privacy of countless people when it used data scraped from the internet to train its tech. The lawsuit seeks to test out a novel legal theory — that OpenAI violated […]

The Federal High Court in Lagos has approved a Freedom of Information (FOI) request trying to know the Federal Airports Authority of Nigeria (FAAN)’s income from toll gates and parking lots since 2015 and whether same was remitted to the Federation Account. Specifically, Justice Akintayo Aluko granted leave to Registered Trustees of the Centre for […]

*Urges President’s Advisers To Take Charge Of Decency And Orderliness Around Him Foremost Professor and Senior Advocate of Nigeria, Ernest Ojukwu has reacted to the infamous video of President Bola Tinubu’s convoy, stating clearly that it sent nothing but a wrong signal on governance. He made the comment on his Facebook wall following the large […]

THE Nigeria Data Protection Commission (NDPC) has faulted the Central Bank of Nigeria’s (CBN) recent directive that banks should obtain and verify customers’ social media handles. The Commission described the directive as illegal, noting that it violated privacy laws. The apex bank had on June 26, directed banks to obtain the social media handles of […]

[abc7ny]The Supreme Court on Thursday ruled that race-conscious admission policies of Harvard College and the University of North Carolina violate the Constitution, bringing an end to affirmative action in higher education in a decision that will reverberate across campuses nationwide. The court ruled 6-3 along ideological lines in the University of North Carolina case, and […]

Powell Repeats Need for Further Rate Hikes Jerome Powell, United States (U.S) Federal Reserves Chairman said at the European Central Bank (ECB) forum on central banking that more restriction is coming. Powell hints that interest rates will need to rise again this year, seeing two more rate hikes, at least. At the same time, Powell […]

T-Bills Yield Steadies Amidst Sharp Decline Short Term Rates In the secondary market, the average yield on Nigerian Treasury bills (NTB) remained unchanged as robust liquidity in the financial system dragged money market rates lower further. The liquidity glut has continued to impact subscriptions at the apex bank auction. Not minding a steep inflation condition, […]

GTCO Joins Trillion Naira Valuation ‘Club’ on NGX GTCO Plc has crossed N1 trillion in market capitalisation as equities investors continue to position in value, growth stocks ahead of second quarter earnings season, data from the Nigerian Exchange (NGX) showed. Nigerian Equities have rallied sharply in the last few weeks following the suspension of Godwin […]