Lecturers at Adekunle Ajasin University, Akungba Akoko (AAUA), have threatened to disrupt the planned resumption of students and the forthcoming convocation ceremony if their outstanding salaries are not paid. The Academic Staff Union of Universities (ASUU) at AAUA has been on strike since August 28, 2025, over non payment of salaries and arrears, which has paralyzed academic and social activities on campus. The ASUU chairman, Dr. Boluwaji Oshodi, stated that the lecturers have exercised enough patience over the alleged refusal of the government to address their plight. “We have been patient and tolerant for long, but this time, we won’t…
Author: Omolemi Eboisetale
The Nigerian stock market has seen a significant surge in foreign portfolio inflows, reaching N748.23 billion in four years, from 2021 to August 2025. This represents a 506% increase from N123.46 billion in the same period of 2021. According to the Nigerian Exchange Limited (NGX), the value of transactions executed by foreign investors increased to N1.718 trillion as of August 2025, a 541% increase from N262.85 billion in 2021. The NGX report highlights that domestic transactions dominated the market, accounting for about 85% of total trading volume, while foreign transactions made up about 15%. Market analysts attribute the surge in…
The Gbenga Hashim Solidarity Movement has declared that former President Goodluck Jonathan will not enjoy automatic endorsement for the Peoples Democratic Party’s presidential ticket in 2027. GHSM National Coordinator Abdulrazaq Hamzat emphasized that the PDP remains a democratic platform where no aspirant, including former presidents, should expect a free ride. According to Hamzat, the PDP flagbearer will emerge through an open and transparent process in line with the Electoral Act 2022. “With due respect, Professor Jerry Gana is entitled to his enthusiasm about the return of former President Jonathan. However, only PDP delegates to the national convention can pick the…
The Federal Government is set to arraign human rights activist Omoyele Sowore alongside Meta and X before a Federal High Court in Abuja. This development follows Sowore’s alleged publication of false information against President Bola Tinubu, which the government claims could cause a breakdown of law and order. Sowore is accused of posting “This criminal @officialPBAT actually went to Brazil to state that there is no more corruption under his regime in Nigeria. What audacity to lie shamelessly!” on his X handle and Facebook page. According to the government, this post contravenes Section 24(2)(b) of the Cybercrimes Prohibition and Prevention…
The Minister of Information and National Orientation, Mohammed Idris, has condoled with the family of Somtochukwu Maduagwu, a 29-year-old Arise News anchor who was tragically killed during an armed robbery at her Katampe residence in Abuja. The minister described Maduagwu’s death as a grievous loss to her family, the Arise News team, the Nigerian media fraternity, and the nation. In a letter of condolence addressed to the Chairman of Arise News, Nduka Obaigbena, Idris praised Maduagwu as a vibrant and dedicated news anchor, consummate lawyer, and model of professionalism whose work resonated with audiences across Nigeria and beyond. “I write…
Google-owned YouTube has agreed to pay $24.5 million to settle a lawsuit filed by Donald Trump over the suspension of his account following the January 6, 2021, US Capitol riots. The settlement marks the latest development in the ongoing legal battles between Trump and major tech companies regarding content moderation. Under the settlement, $22 million will be paid on Trump’s behalf to the Trust for the National Mall, a nonprofit dedicated to constructing a $200 million ballroom at the White House. The remaining $2.5 million will go to other plaintiffs, including the American Conservative Union and US author Naomi Wolf.…
The Nigerian Education Loan Fund (NELFUND) has announced the closure of its application portal for the 2024/2025 academic session, effective today, September 30, 2025. According to NELFUND’s Managing Director, Akintunde Sawyerr, the closure marks the conclusion of its second full cycle, allowing the Fund to finalize processing pending applications and upkeep payments. The portal for the 2025/2026 academic session will open in the second week of October 2025 and remain accessible until January 2026. Sawyerr emphasized the importance of institutional compliance, noting that prompt updates on the Student Verification System (SVS) are critical to ensuring students access the loan scheme…
President Bola Ahmed Tinubu will officially inaugurate the newly renovated National Arts Theatre, Iganmu, Lagos, on October 1, 2025, as part of Nigeria’s 65th Independence Anniversary celebrations. The ceremony will feature performances by the National Troupe and other leading artists, along with special remarks from Nobel Laureate Prof. Wole Soyinka. The renovated theatre, now known as the Wole Soyinka Centre for Culture and the Creative Arts, boasts world-class facilities, including advanced stage engineering, cutting-edge audio-visual technology, refurbished interiors, solar power integration, and improved fire safety systems. According to CBN Governor Olayemi Cardoso, “This is not just an edifice; it represents…
The Federal Capital Territory Police Command has initiated a discreet investigation into the killing of Arise TV journalist Somtochukwu Maduagwu. She was tragically killed during an armed robbery at her residence in Katampe, Abuja, on Monday, September 29, 2025. Commissioner of Police CP Ajao Adewale described the act as “cruel and senseless” with no place in a sane society. The police command is committed to ensuring justice is served and has deployed intelligence and operational assets to identify and apprehend those responsible. “The FCT Police Command commiserates deeply with the bereaved family and the media community and pledges that every…
The Federal Government’s tax reforms, led by Chairman Prof. Taiwo Oyedele, aim to capture all income generating activities under the tax net. According to Oyedele, individuals providing services, including sex workers or “runs girls,” are liable to pay tax on their earnings, regardless of the legality of their activities. “If you’re doing runs girl, it means you’re rendering a service. Therefore, you’re liable to pay tax,” Oyedele said. The tax law doesn’t differentiate between legal and illegal activities; what matters is whether income is being generated. The reforms aim to reduce the number of taxes and levies, harmonize revenue collection,…
The Federal Government has announced the cancellation of the Independence Day parade scheduled for October 1, 2025, to mark Nigeria’s 65th anniversary. According to Segun Imohiosen, Director of Information and Public Relations in the Office of the Secretary to the Government of the Federation, the cancellation doesn’t diminish the significance of this milestone anniversary. The government remains committed to celebrating Nigeria’s 65th year of independence with dignity and enthusiasm. While the parade and presidential broadcast have been called off, other programs scheduled for the Independence anniversary will proceed as planned. These include cultural programs, the grand finale of the National…
Electronic Arts, the publisher behind FIFA, The Sims, and Battlefield, has agreed to a massive $55 billion sale to a consortium led by Saudi Arabia’s Public Investment Fund, Silver Lake, and Affinity Partners. The deal marks the largest leveraged buyout in history and will take EA private. The consortium will purchase 100% of EA for $210 per share, a 25% premium to the company’s recent stock price. EA’s CEO, Andrew Wilson, will remain at the helm, and the company will continue to be headquartered in Redwood City, California. The transaction is expected to close in the first quarter of fiscal…