By Obinna Uballa A New York state appeals court on Thursday overturned a civil fraud penalty of more than $500 million imposed on President Donald Trump, ruling that the monetary sanction violated the U.S. Constitution. The Appellate Division of the New York State Supreme Court held that the fine—initially set at $454 million and now…
By Obinna Uballa The Academic Staff Union of Universities (ASUU) has warned of a possible nationwide strike over the federal government’s alleged failure to honour agreements and address persistent challenges in the country’s university system. Speaking at a press conference on Thursday at the University of Jos, ASUU President, Prof. Christopher Piwuna, said the union…
By Obinna Uballa The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr Bashir Bayo Ojulari, has countered Africa’s richest man, Aliko Dangote, over the future of Nigeria’s government-owned refineries. While Dangote recently cast doubt on the viability of the Port Harcourt, Warri, and Kaduna refinerie, stating they may never work…
By Abiola Olawale The Alaafin of Oyo, Oba Abimbola Akeem Owoade, has denied engaging in a supremacy battle with the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, or any other monarch, following a recent chieftaincy title dispute in Yorubaland. The statement comes amid heightened tensions following the Alaafin’s 48-hour ultimatum to the Ooni to revoke…
By Abiola Olawale In a stunning turn of events, the Independent National Electoral Commission (INEC) has declared Bright Ngene, a Labour Party (LP) House of Assembly candidate currently serving a seven-year jail term, as the winner of the Enugu South Urban Constituency re-run election held on August 16, 2025. The announcement was made by INEC…
Nigerian President Bola Ahmed Tinubu has made a case for Africa’s inclusion in the United Nations Security Council (UNSC) during his address at the 9th Tokyo International Conference on African Development (TICAD9). Speaking at the plenary session on Peace and Stability, Tinubu emphasized that Africa’s demand for two permanent seats on the UNSC, complete with…
By Obinna Uballa Carbon finance project developer TASC has been announced as the diamond sponsor of the inaugural Carbon Markets Africa Summit, scheduled for October 22–23 in Johannesburg, South Africa. The event, according to the organizers, is expected to bring together stakeholders from across the carbon markets sector, including regulators, project developers, investors, and international…
By Obinna Uballa The Federal Government has threatened to withdraw oil operating licences from companies that have failed to demonstrate the financial and technical capacity to produce crude, warning that idle assets undermine Nigeria’s push to ramp up output. Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, issued the warning on Wednesday in Abuja…
By Obinna Uballa Nigeria is losing an estimated $9 billion (₦13.7 trillion) annually to illegal mining and gold smuggling, a racket that fuels banditry and deepens insecurity, the Commissioner of Police for the Federal Capital Territory (FCT), Ajao Adewale, has said. Speaking at a media parley organised by the Nigeria Union of Journalists (NUJ) FCT…