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By Abiola Olawale The Joint House of Representatives Committee on Public Accounts and Public Assets has summoned the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso. Edu and Cardoso are expected to face scrutiny over serious allegations of non-compliance with the Fiscal…
June 14, 2025
Crude oil prices surged and investors sought the safety of gold after Israel conducted airstrikes on Iranian atomic facilities involved in nuclear enrichment. Economic data in the US showed underlying inflation in May rose by less than forecast for a fourth straight month, while producer price inflation remained muted. While Federal Reserve will likely keep…
June 14, 2025
Crude oil is a naturally occurring liquid fossil fuel, an unrefined petroleum product composed primarily of hydrocarbons, along with some sulphur, nitrogen, and oxygen. It is found in underground reservoirs. Crude oil is also referred to as 'petroleum,' or 'black gold,' or simply 'oil.' Crude oil is formed from the remains of ancient marine organisms…
June 14, 2025
Says Viral List is Fake By Abiola Olawale The Nigerian Presidency has debunked a viral list circulating online, claiming that prominent figures like Innoson Motors Chief Executive Officer (CEO) Innocent Chukwuma, Pastor Tunde Bakare, activist Aisha Yesufu, and 33 other Nigerians were recipients of the 2025 National Honours. The Presidency labeled the report as “fake…
June 14, 2025
By Abiola Olawale Lagos State is in mourning as Prince Musibau Adekunle Asafa, the Chairman of Oto-Awori Local Council Development Area (LCDA), has passed away at 68 following a prolonged illness. Asafa’s demise was confirmed in a statement issued on Saturday by his Chief Press Secretary, Bodunrin Ayodele. The New Diplomat reports that Asafa’s passing…
June 14, 2025
The Economic and Financial Crimes Commission (EFCC) on Friday, June 13, 2025, arraigned two senior executives of SunTrust Bank—Halima Buba, Managing Director and Chief Executive Officer, and Innocent Mbagwu, Executive Director and Chief Compliance Officer—on charges of money laundering totaling $12 million. The arraignment took place before Justice Emeka Nwite of the Federal High Court…
June 13, 2025
By Abiola Olawale Popular human rights activist and publisher Omoyele Sowore has vowed to drag President Bola Tinubu to court if his name is included in any national honours list. Sowore, the #RevolutionNow convener and former African Action Congress presidential candidate made this explosive statement on Friday, June 13, 2025, via his social media platforms.…
June 13, 2025
By Abiola Olawale United States President Donald Trump has issued a stern warning to Iran, declaring that the country must enter a deal with the US. Trump, in a strongly worded statement issued on Friday, said that Israel’s next round of attacks on Iran would be "even more brutal" if the country fails to enter…
June 13, 2025
By Abiola Olawale Global oil markets are on edge as oil prices have begun to soar following the ongoing conflict between Iran and Israel. According to reports, Brent crude has soared by 7%, reaching close to $75 per barrel, marking the largest single-day jump since March 2022. The development comes amid an escalating crisis, fueled…
June 13, 2025
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By Abiola Olawale The Joint House of Representatives Committee on Public Accounts and Public Assets has summoned the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso. Edu and Cardoso are expected to face scrutiny over serious allegations of non-compliance with the Fiscal…
June 14, 2025
Crude oil prices surged and investors sought the safety of gold after Israel conducted airstrikes on Iranian atomic facilities involved in nuclear enrichment. Economic data in the US showed underlying inflation in May rose by less than forecast for a fourth straight month, while producer price inflation remained muted. While Federal Reserve will likely keep…
June 14, 2025
Crude oil is a naturally occurring liquid fossil fuel, an unrefined petroleum product composed primarily of hydrocarbons, along with some sulphur, nitrogen, and oxygen. It is found in underground reservoirs. Crude oil is also referred to as 'petroleum,' or 'black gold,' or simply 'oil.' Crude oil is formed from the remains of ancient marine organisms…
June 14, 2025
Says Viral List is Fake By Abiola Olawale The Nigerian Presidency has debunked a viral list circulating online, claiming that prominent figures like Innoson Motors Chief Executive Officer (CEO) Innocent Chukwuma, Pastor Tunde Bakare, activist Aisha Yesufu, and 33 other Nigerians were recipients of the 2025 National Honours. The Presidency labeled the report as “fake…
June 14, 2025
By Abiola Olawale Lagos State is in mourning as Prince Musibau Adekunle Asafa, the Chairman of Oto-Awori Local Council Development Area (LCDA), has passed away at 68 following a prolonged illness. Asafa’s demise was confirmed in a statement issued on Saturday by his Chief Press Secretary, Bodunrin Ayodele. The New Diplomat reports that Asafa’s passing…
June 14, 2025
The Economic and Financial Crimes Commission (EFCC) on Friday, June 13, 2025, arraigned two senior executives of SunTrust Bank—Halima Buba, Managing Director and Chief Executive Officer, and Innocent Mbagwu, Executive Director and Chief Compliance Officer—on charges of money laundering totaling $12 million. The arraignment took place before Justice Emeka Nwite of the Federal High Court…
June 13, 2025
By Abiola Olawale Popular human rights activist and publisher Omoyele Sowore has vowed to drag President Bola Tinubu to court if his name is included in any national honours list. Sowore, the #RevolutionNow convener and former African Action Congress presidential candidate made this explosive statement on Friday, June 13, 2025, via his social media platforms.…
June 13, 2025
By Abiola Olawale United States President Donald Trump has issued a stern warning to Iran, declaring that the country must enter a deal with the US. Trump, in a strongly worded statement issued on Friday, said that Israel’s next round of attacks on Iran would be "even more brutal" if the country fails to enter…
June 13, 2025
By Abiola Olawale Global oil markets are on edge as oil prices have begun to soar following the ongoing conflict between Iran and Israel. According to reports, Brent crude has soared by 7%, reaching close to $75 per barrel, marking the largest single-day jump since March 2022. The development comes amid an escalating crisis, fueled…
June 13, 2025
