Author: Press Room

The Federal High Court in Abuja on Wednesday adjourned the bail application filed by three detained promoters of Crypto Bridge Exchange (CBEX) in the alleged over one billion dollars fraud until June 30 for ruling. Justice Emeka Nwite fixed the date after counsel for the Economic and Financial Crimes Commission (EFCC), Fadila Yusuf, and the defence lawyers adopted their processes and argued their case for and against the application. The News Agency of Nigeria (NAN) reports that Justice Nwite had, on April 24, gave the EFCC the go-ahead to arrest and detain six operators of CBEX over their involvement in…

Sole Administrator of Rivers State, Vice Admiral Ibok-Ete Ibas (retd.), on Wednesday told the House of Representatives Ad-Hoc Committee on Rivers State Oversight that the proposed ₦1.48 trillion 2025 budget includes provisions for the eventual return of suspended Governor Siminalayi Fubara and other affected political officeholders. Speaking during the budget defence session in Abuja, Ibas said the draft budget was prepared in alignment with the state’s 2017–2027 Development Plan and aims to maintain continuity of governance under the expectation of a return to constitutional order. “In anticipation of the eventual return to constitutional order, the draft budget prudently retains provisions…

Former President of the Ijaw Youth Council (IYC) Worldwide, Engr. Udengs Eradiri, has expressed disappointment over what he described as the politicisation of reconciliation efforts in Rivers State. Eradiri criticised suspended Rivers State Governor, Siminalayi Fubara, for allegedly lacking sincerity and commitment to genuine reconciliation, accusing him of engaging in mere media theatrics without concrete efforts to heal political divisions. He said he was disturbed to learn that after an initial meeting with his estranged political mentor and Minister of the Federal Capital Territory, Nyesom Wike, the governor had failed to follow through with deeper, more inclusive engagement. According to…

Gbenga Oloniniran The Lagos State Government has been advised to invest in proper technology systems that will generate the required data to effectively fix its sanitation problems. The Founder of the Policy Vault Project, Ridwan Sorunke, in a statement on Tuesday, stated that though Lagos had a sanitation infrastructure challenge, the problem was far deeper, especially in the area of data to effectively handle the service and improve it. “Every day, millions of people across the state rely on toilets that are not monitored, pits that are not emptied safely, and waste that is dumped without accountability. “At the root…

The Federal Government of Nigeria has signed a Memorandum of Understanding (MoU) with Investonaire Academy to train 100,000 young Nigerians each year in foreign exchange (Forex) trading. The agreement, formalised in Abuja, is set to equip Nigerian youth with practical skills in Forex trading, risk management, and financial planning, empowering them to navigate and thrive in the global financial marketplace. Speaking at the signing ceremony, the Honourable Minister of Youth Development, Comrade Ayodele Olawande, described the partnership as a major step forward in the Ministry’s mission to drive youth empowerment through capacity development, innovation, and access to transformative opportunities. “This…

The Conference of Nigeria Political Parties (CNPP) has called on President Bola Ahmed Tinubu to protect Nigeria’s hard-earned democracy and ensure free, fair, and credible elections in 2027. In a statement on Wednesday, CNPP’s Deputy National Publicity Secretary, James Ezema, urged the government to reaffirm its commitment to democratic principles, warning against actions that could undermine electoral integrity. “The Conference joins millions of Nigerians at home and in the diaspora to commemorate the significance of June 12—a date etched in our national history as the symbol of the people’s will, democratic sacrifice, and resistance against tyranny,” Ezema stated. He emphasised…

The Delta State Government said it will recover government lands taken over illegally by land grabbers across the state. The government, in a statement on Wednesday, said it had repeatedly warned people to stop building on these lands. The State Government’s Secretary, Dr. Kingsley Emu, said the government warned against unlawful takeovers of its landed properties. Since the warnings were ignored, the state government will now act to recover the land for its intended development projects, according to Emu. These projects include the Asaba International Airport and the Delta Free Trade Zone, among many others. Emu said some people, despite…

A member of the Peoples Democratic Party (PDP) on Wednesday accused Minister of the Federal Capital Territory, Nyesom Wike, of acting like a “civilian dictator” and hijacking the party’s internal structures to serve personal interests. Dele Momodu, a former presidential aspirant and PDP stalwart, voiced concern over what he called Nigeria’s backslide into civilian dictatorship, pointing to Wike’s growing influence within the party as emblematic of wider democratic decline. “What Wike is doing now is tantamount to staging a coup against the party that made him everything he is today,” Momodu said in an interview with Channels Television. “He does…

EFL Championship side Sheffield United have completed the signing of promising Nigerian winger Ehije Ukaki as their first move in the summer transfer window, Soccernet.ng reports. The 20-year-old joins from Bulgarian side Botev Plovdiv, becoming the second player to arrive at Bramall Lane from the club, following Christian Nwachukwu’s January switch. Ukaki was identified through Sheffield United’s data-driven recruitment model, which uses artificial intelligence to scout and assess emerging talent across Europe. Ehije Ukaki R and Olaus Skarsem R Sofia Bulgaria [Photo credit/IMAGO]Club analysts were impressed by his agility, low centre of gravity, and ability to operate in tight spaces—qualities…

The Cross River House of Assembly has suspended Ms Theresa Ushie, the chairman of Bekwarra Local Government Council. for three months over allegations of misconduct and corrupt practices. The house’s decision was reached after the consideration of a resolution passed by the Bekwarra Local Government Council Legislative Assembly on Tuesday. The assembly also set up a committee to thoroughly investigate the allegations raised against the chairman. It will be recalled that three months ago, the councillors attempted to impeach the chairman over allegations of corruption, misconduct, and abuse of power, among others. Speaking during the debate on the matter, the…