Author: Press Room

Super Eagles and Nottingham Forest full-back, Ola Aina, has just four months left on his contract at the City Ground, Soccernet.ng reports. The 28-year-old defender joined the two-time UEFA Champions League winners in the summer of 2023, on a year deal, with the option to extend for another season. Aina’s current deal has the option for another season extension, but with interest from Manchester City, AC Milan, and Roma, the Nigerian might be tempted to leave when the transfer window opens next summer. Ola Aina after the final whistle as Nottingham Forest lose 3-4 to Newcastle United at St. James’s…

Meta, the parent company of Facebook and Instagram, has announced a significant crackdown on financial sextortion scams originating from Nigeria. According to the company’s Q1 2024 Adversarial Threat Report, approximately 63,000 accounts linked to these scams have been removed from its platforms. The social media giant revealed that a coordinated network of around 2,500 accounts was also dismantled. These accounts were allegedly used to target individuals with financial sextortion, a form of blackmail where victims are coerced into sending money or explicit content. It reads, “We’ve removed around 63,000 accounts in Nigeria attempting to target people with financial sextortion scams,…

1 hour ago The Katsina Police Command said it has commenced an investigation into a shooting incident involving a member of the Civilian Joint Task Force (JTF). Police spokesman DSP Abubakar Aliyu, in a statement, said the incident resulted in the injury of an okada rider and the death of a 400-level student of the Federal University Dutsinma.… 1 hour ago The President and Founder of MAAUN Group of Universities, Prof. Adamu Abubakar Gwarzo, was among the notable personalities that attended the maiden convocation ceremony of Al-Istiqama University, Sumaila, Kano State. Prof. Gwarzo, who doubled as President of the Association…

The Federal Competition and Consumer Protection Commission has urged telecom operators to prioritise service improvements following the recent approval of a 50 per cent increase in telecommunications tariffs by the Nigerian Communications Commission. In a statement released on Wednesday via its official X handle, the FCCPC acknowledged the financial pressures faced by telecom operators due to rising operational costs but emphasised that consumer interests must remain central to any tariff adjustments. “We unequivocally state that consumer interests remain paramount,” the FCCPC said, stressing that any increase in telecom tariffs must lead to tangible improvements in the quality of service. The…

The Nigeria Labour Congress (NLC) in Osun has directed civil servants in LGAs across the state to withdraw their services. Christopher Arapasopo, the Osun NLC chairman, announced in a statement that the directive was due to safety concerns. “The Osun State Council of the Nigeria Labour Congress (NLC) strongly affirm her earlier release notifying all Local Government Area Workers in the State to withdraw their services as a result of the political upheaval within their workplaces, while continuing in their prayers for the state,” the statement reads. “This release further reiterates that our members safety at work is of high…

There are indications that the ruling All Progressives Congress (APC) will push for the withdrawal of statutory allocations to local councils in Osun State. APC’s national publicity secretary, Mr. Felix Morka, dropped the hint on Sunday in a statement made available to reporters in Abuja. APC expressed optimism that the Federal Government will make federal allocations for local governments available only “to democratically elected and judicially certified local government officials in Osun State.” APC maintained that the people of Osun State deserve to live in peace and security, just as it called on Governor Ademola Adeleke to quit his…

In SummaryAfrica’s e-commerce market was valued at approximately $277 billion in 2023, and its projected CAGR is 14.4% through 2032.The largest players in Africa’s e-commerce sector are Jumia (Nigeria) and Takealot (South Africa).By the end of 2025, the number of e-commerce users in Africa is projected to hit 500 million.E-commerce startups in Africa have received a cumulative funding of over $3.9 billion from seed investors.Deep Dive!!The rise of e-commerce in Africa is a testament to technological advancements on the continent. Despite the numerous challenges, the industry has continued to grow in leaps and bounds. According to recent data by Statista,…

In a year marked by flight disruptions and soaring ticket prices, Nigerian airlines Air Peace and Aero Contractors refunded millions of naira to passengers in 2024. This was revealed in a report released by the Nigeria Civil Aviation Authority (NCAA) on Monday, highlighting the efforts made to address passenger grievances stemming from delays, cancellations, and cabin class downgrades. According to the NCAA, Air Peace compensated 1,901 passengers in November 2024 alone, while Aero Contractors issued refunds to over 20 passengers throughout the year. These compensations, the regulator emphasized, were a necessary step to maintain trust in the aviation industry amidst…

With Nigeria’s stock market witnessing unprecedented growth, the threat of financial fraud is looming larger than ever. To combat this, the Chief Executive Officer of Nigerian Exchange Regulation (NGX RegCo), Olufemi Shobanjo, has called for stronger collaboration with the Economic and Financial Crimes Commission (EFCC) to safeguard investor confidence and market integrity. During a visit to the EFCC headquarters in Abuja, Shobanjo made a passionate case for renewed efforts to curb fraudulent activities in the capital market. His concerns were echoed in a statement released on Tuesday by EFCC’s Head of Media and Publicity, Dele Oyewale. “In 2024, we saw…

The Dangote Refinery has slashed its ex-depot price for premium motor spirit (PMS), better known as petrol, from ₦950 per litre to ₦890. In a statement, the company said the move is “effective from Saturday, 1st February 2025”. The Dangote Group Chief Branding and Communications Officer Anthony Chiejina said the reduction is based on market realities. “This strategic adjustment is a direct response to the positive outlook within the global energy and gas markets, as well as the recent reduction in international crude oil prices,” Chiejina said in the statement issued on Saturday night. He recalled that Dangote Refinery a…