Author: Press Room

Embattled National Chairman of the Social Democratic Party (SDP), Alhaji Shehu Gabam, has claimed that President Bola Ahmed Tinubu once considered defecting to the SDP during his political struggles within the All Progressives Congress (APC) ahead of the 2023 general elections. Gabam made the revelation on Sunday night during a national television interview, where he also alleged that the ongoing turmoil within the SDP was being orchestrated by powerful interests determined to weaken the party’s rising influence and independent stance on national issues. Describing the crisis as “an artificially induced political operation,” the SDP boss said his troubles had nothing…

In SummaryFlutterwave processed about US $31 billion in transaction volume in 2024, with December alone recording over 25 million transactions worth more than US $500 million.The company raised a US$250 million Series D round in 2022 at a valuation of US$3 billion, making it one of Africa’s most valuable fintech startups at the time.Under GB’s leadership, Flutterwave has expanded across more than 35 African markets, secured multiple US money transmission licenses, and increased cross-border throughput (e.g. US–Africa) to nearly US $1 billion in H1 2025.Deep Dive!!Lagos, Nigeria, Monday, October 27 – Olugbenga “GB” Agboola leads Flutterwave, a payments infrastructure platform…

The Lagos State All Progressives Congress (APC) has said President Bola Tinubu’s fiscal revolution is rebuilding Nigeria “brick by brick,” noting the reform-driven approach of the Federal Inland Revenue Service (FIRS). The party’s spokesperson, Mogaji Seye Oladejo, noted that Nigeria’s resilience in the face of global economic disruptions is a result of deliberate financial engineering driven by sound policy, strategic management, and disciplined revenue administration. According to him, under the leadership of Zacch Adedeji, the FIRS has transformed from a traditional tax collector to a strategic fiscal institution, balancing revenue generation with economic stimulation. He noted that the introduction of…

Top Super Falcons stars like Ajibade, Oshoala, and Okoronkwo had a great year, but they’ve been snubbed…. Super Falcons defender Michelle Alozie has been shortlisted for the 2025 FIFPRO Women’s 11 honour, Soccernet.ng reports. The FIFPRO World 11 is a global football award that recognizes the best eleven players in both men’s and women’s professional football each year, and it is decided by votes from professional footballers from all the world. FIFPRO released its shortlists for the 2025 edition for both male and female categories, and one only player made it. There is no Nigerian in the male category. In…

As the electorates prepare for the Anambra State November 8 governorship election, the National Publicity Secretary of the All Progressives Grand Alliance (APGA), Ejimofor Opara, has strongly affirmed that the party will secure a landslide victory at the polls. This, he said, is due to the remarkable achievements of Governor Charles Chukwuma Soludo’s administration, which has transformed key sectors of the state’s economy. This development has received commendation from President Bola Ahmed Tinubu during the commissioning of landmark projects in Anambra, which has set a record in the Southeast region. Opara said APGA is fully prepared for the election, as…

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Governor Caleb Mutfwang of Plateau State has acknowledged pressure from political stakeholders to switch from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC). Speaking at an event on Saturday at the Banquet Hall of the Government House in Jos, Mutfwang assured his teeming fans of his unalloyed loyalty to the opposition, assuring them of his resolve not to leave the PDP. Commenting on his re-election bid in 2027, Mutfwang said only God and the people who voted him into office have the authority to determine his political allegiance. “It is not a lie that they also put…

An Ekiti State High Court sitting in Ado-Ekiti has sentenced three persons to death by hanging for robbing an 87-year-old woman. The convicts, Shadrack Apos (30), Lucky Akpos (33), and Adunola Precious (24), were arraigned before Justice Lekan Ogunmoye on August 19, 2024, on a two-count charge of conspiracy and armed robbery. The charge reads that the defendants, on 12/6/24 at Ifaki Ekiti, did conspire to rob one Victoria Folorunso of the cash sum of N147,000 and a wristwatch. At the time of the robbery, they were armed with a gun and planks, contrary to Sections 421 and 321 (2)…

Dangote Refinery has announced that it is increasing its production from 650,000 barrels per day to 1.4 million barrels per day. When completed, the expansion will make the facility the largest refinery in the world, surpassing the Jamnagar Refinery in India. Speaking at a press conference in Lagos on Sunday, the President of the Dangote Group, Aliko Dangote, said the move reflects confidence in Nigeria’s future and aligns with President Bola Tinubu’s vision of making the country a global supplier of refined petroleum products. “We are more than doubling the barrels… to 1.4 million from 650,000,” Dangote told news conference…

The third quarter of 2025 was a significant one, posting substantial achievements, according to the latest crypto industry report by crypto data aggregator CoinGecko. Yet, despite Bitcoin (BTC)’s surge to a fresh ATH, major altcoins – particularly Ethereum (ETH) – strongly outperformed.The crypto market recorded its third consecutive rallying quarter in Q3 this year. This is also the second consecutive quarter of “significant capital appreciation,” the report noted.Moreover, it was the market’s second leg of recovery, powered by liquidity, a sharp recovery of trading activity, and renewed institutional inflows.The total market capitalization increased by 16.4% with $563.6 billion, hitting the…