Author: Press Room

Justice Daniel Osiagor of the Federal High Court in Ikoyi, Lagos, on Friday ordered the final forfeiture of properties, vehicles, and substantial cash sums linked to an alleged N2 billion bank fraud scheme. The ruling followed a motion filed by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC), presented in court by the Commission’s counsel, H.U. Kofarnaisa. The forfeited assets include a three-bedroom bungalow at No. 8 Grace Crescent, Efab Queens Estate, Gwarinpa, Abuja; one Mercedes Benz C300; a gray BMW 3 Series SUV; a black 2012 Range Rover; three Toyota Hilux trucks (models 2008,…

A member of the House of Representatives, Mr.Cyril Hart, has written to the Independent National Electoral Commission (INEC) and the Constitution Review Committee of the House, requesting the creation of two new state constituencies in Rivers State. According to the lawmaker representing Degema/Bonny Federal Constituency of Rivers State, the proposed constituencies are Degema State Constituency II and Bonny State Constituency II. Hart in a letter dated July 7, 2025, addressed to the INEC Chairman, Professor Mahmoud Yakubu and received by the electoral umpire on July 10, 202, Hart started that the request is necessitated by the provisions of Section 114…

Super Eagles full-back Zaidu Sanusi has been given a fresh chance to revive his career at FC Porto under new manager Francesco Farioli, Soccernet.ng reports. The Nigerian international has been named among the 29 players set to participate in the club’s pre-season training camp, according to Bolanarede. Sanusi, 28, endured a frustrating time on the sidelines last season due to a long-term injury, managing just three appearances during the 2024–25 campaign and only five in the previous season. Nigeria and Porto defender Zaidu Sanusi. Photo by IMAGO With speculation linking him to a potential move away — including interest from…

In SummaryNigeria tops the list in Africa with a huge gap, and ranks 7th globally with over 20,000 international students enrolled in the U.S.West African countries dominate the list with Nigeria, Ghana, and Côte d’Ivoire accounting for almost half of the total African international students in the U.S.Despite domestic instability, countries like Zimbabwe and the DRC still produce thousands of international students, showing how the countries prioritize good education.Deep Dive!!Education is widely viewed as the key to success, and African countries are greatly moving with this motion by encouraging international education, especially in the United States. This initiative is not…

The South West Zonal Caucus of the Peoples Democratic Party (PDP) on Friday called on the Federal Government to release the withheld local government allocation for Osun State. It should be noted that the local government allocation for Osun State has been withheld due to the ongoing dispute between officials of the All Progressives Congress (APC) and the PDP over the control of local government councils. The dispute has resulted in the closure of council secretariats since February this year. The caucus made the call during its meeting at Olusoji Adagunodo South West PDP Zonal Secretariat, Ibadan, Oyo State. The…

I’m not worried over gov’s plan to defect to APC, says aspirant, OgunbiyiA youth group, Osun Progressive Youth (O-SPY), yesterday, called on President Bola Tinubu and the leadership of the All Progressives Congress (APC) to reject any defection move by Governor Ademola Adeleke into the party, dismissing claims that he enjoys massive support in the state ahead of the 2026 governorship election. The group said that the APC’s support base in the state had grown stronger since Adeleke assumed office in 2022 due to what they described as his unimpressive governance style, which has weakened the Peoples Democratic Party (PDP).…

English Premier League club Arsenal are set to confirm the signing of Noni Madueke from Chelsea in what might be the most shocking deal of this summer, Soccernet.ng reports. The deal will cost the Gunners around €58 million, as Madueke is expected to come in as a backup for Bukayo Saka or an extra option on the left wing. This deal is a surprise to many football fans, as Madueke’s time at Chelsea has been plagued with inconsistency. In fact, a section of Arsenal fans put up a petition to try to stop the move. : Arsenal fans have started…

In SummaryWithin the first four months of 2025, the proportion of domestic investor transactions on the NGX dropped to 67.68% from 86.23% in the same period of 2024, according to the Nigerian Exchange Group.The World Trade Organization projects that global trade will grow by 3.0% in 2025, up from 2.7% in 2024, pushing Africa’s local capital to $4 trillion.According to Abena Amoah, Managing Director of the Ghana Stock Exchange, Africans invested $125 billion in cryptocurrency assets, with Nigeria alone contributing over $65 billion, making it the second-largest cryptocurrency investor base globally after India.Deep Dive!!In recent times, domestic investors have continued to…

Voter registration records large turnout The All Progressives Congress (APC) candidate in the forthcoming Anambra State governorship election, Nicholas Ukachukwu, has vowed to probe incidences of killings in the All Progressives Grand Alliance (APGA) to ensure that justice is brought to bear on the dastardly acts. He also promised to chase away the seeming notorious Special Anti-touting Squid Agency (SASA), emphasising that his government, if elected, would prosecute them for human rights violations. Speaking to party members and supporters during his ‘Thank You Tour’ of Ogbaru Local Council of the state yesterday, Ukachukwu lamented that the unwholesome activities of SASA…

The Economic and Financial Crimes Commission (EFCC) has arrested 48 individuals suspected of engaging in internet-related fraud in Abeokuta, the Ogun State capital. In a statement released on Friday, the agency said operatives from its Ibadan Zonal Directorate carried out the arrests following surveillance and actionable intelligence linking the suspects to online fraudulent activities. During the operation, officials recovered various items, including a pump-action rifle, five luxury vehicles, a motorbike, numerous mobile phones, laptop computers, and documents described as incriminating. The EFCC confirmed that the suspects will be prosecuted upon the conclusion of ongoing investigations.