Author: Adejuyigbe Francis

The Corporate Affairs Commission (CAC), has raised an alarm over the discovery of 15 fake companies operating across Nigeria, cautioning the public to avoid any form of dealings with the entities, which parade falsified registration details despite not appearing in the Commission’s official database. According to the CAC, the alert followed a surge in public complaints linking the suspicious companies to dubious business transactions and potential fraud. The Commission said the development prompted a thorough verification process, which revealed that the entities in question were never registered and had been using fabricated RC (Registered Company), and BN (Business Name), numbers…

The United States is preparing to sign a series of multi-year Bilateral Agreements on Global Health Cooperation with dozens of countries receiving U.S. health assistance, marking one of the largest shifts in U.S. global health policy in decades. The agreements, rolled out under the America First Global Health Strategy, aim to strengthen partnerships while transitioning greater long-term responsibility to partner governments. A New Framework for Global Health Cooperation U.S. officials say the agreements will establish a “comprehensive and shared vision” for future collaboration on disease prevention and health system resilience. By setting joint goals between the United States and partner…

A Nigerian Air Force (NAF), jet has reportedly crashed near Karabonde, a community in Borgu Local Government Area of Niger State, sparking fear and confusion among villagers who witnessed the dramatic incident. Shock in Karabonde as Jet Goes Down The incident occurred around 4:10 p.m. on Saturday, according to multiple local sources. Residents said the jet descended rapidly before crashing on open land “very close to town,” raising alarms as loud explosions echoed through the area. A Niger State–based media outlet, Lapai TV, first broke the news on its official Facebook page, posting a 57-second video accompanied by the caption:…

The Corporate Affairs Commission (CAC), has issued a strong warning that leading fintech companies—including OPay and Moniepoint—risk being placed on a regulatory watchlist for allegedly enabling the operations of unregistered Point of Sale (POS), agents across Nigeria. In a new enforcement notice released on Friday, the Commission stated that any fintech platform found facilitating the activities of unregistered POS operators will be reported to the Central Bank of Nigeria (CBN), for appropriate regulatory sanctions. The notice is part of an intensified nationwide crackdown designed to restore compliance within Nigeria’s rapidly expanding agent-banking and financial technology ecosystem. According to the CAC,…

Former National Publicity Secretary of the Peoples Democratic Party (PDP), Kola Ologbondiyan, has formally announced his resignation from the party, ending decades of active involvement in the PDP’s national politics. Ologbondiyan disclosed his departure in a statement posted on his X (formerly Twitter), account on Saturday morning. He revealed that he had notified the chairman of his Okekoko Ward 09, in Kabba/Bunu Local Government Area of Kogi State, of his decision to withdraw his membership, citing personal reasons for his exit. In the letter he shared publicly, titled “NOTIFICATION OF MEMBERSHIP WITHDRAWAL,” the former PDP spokesperson expressed gratitude to party…

As the 2025 Yuletide draws near, President of the Dangote Group, Aliko Dangote, has reaffirmed his company’s readiness to deliver 50 million litres of Premium Motor Spirit (PMS), daily — a supply volume he insists will finally bring an end to Nigeria’s decades-long fuel scarcity crises. The pledge, which aligns with the ongoing output from the Dangote Petroleum Refinery, comes at a time when the refinery says it is supplying between 40–50 million litres of petrol daily, with expectations to scale further to keep fuel stations wet throughout the festive season and into 2026. “Fuel Queues Are History” — Dangote…

The stage is officially set for the biggest FIFA World Cup in history. The full group-stage draw for the 2026 tournament has been confirmed, unveiling all 12 groups that will shape the opening chapter of this expanded 48-team competition. Hosted across the United States, Canada, and Mexico, the upcoming World Cup promises unprecedented drama, fresh rivalries, and new opportunities for emerging football nations. With the groups now finalised and the path to the knockout rounds taking shape, fans around the world can finally begin charting their teams’ journeys toward global glory. Draw Day: What Happened The group-stage draw for the…

In a blockbuster move that will reshape the entertainment industry, Netflix has announced it will acquire Warner Bros. — the storied film and television studio arm of Warner Bros. Discovery — in a transaction valued at roughly $82.7 billion. Deal Overview: What’s Changing Netflix will acquire Warner Bros.’ film and TV studios, along with streaming assets such as HBO Max and HBO. The deal is structured as a cash-and-stock transaction: shareholders of Warner Bros. Discovery will receive US$23.25 in cash plus US$4.50 in Netflix stock per share. The price represents US$27.75 per share, giving an equity value of about US$72.0…

Abuja, Nigeria — President Bola Ahmed Tinubu on Thursday reaffirmed Nigeria’s commitment to global peace, stability, and economic collaboration as he received Letters of Credence from 17 new ambassadors and four high commissioners at the State House in Abuja. Addressing the envoys during the ceremony at the Council Chamber, President Tinubu said Nigeria remains dedicated to strengthening international partnerships and confronting emerging global challenges through cooperation. “On behalf of the government and people of Nigeria, I warmly welcome you… Your accreditation today reaffirms the depth of our bilateral ties and our shared commitment to expand cooperation and partnership in areas…

In one of its strongest regulatory moves aimed at safeguarding consumers from the surge in electronic fraud, the Central Bank of Nigeria (CBN), has directed banks and other financial institutions to reimburse victims of Authorised Push Payment (APP), fraud within 48 hours of concluding investigations. The directive, issued through a circular addressed to all banks, other financial institutions, public interest groups and the general public, places strict obligations on financial institutions regarding the investigation, resolution and reimbursement of APP-fraud-related losses. The circular, titled “Draft Guidelines for Handling Authorised Push Payment Fraud,”was signed by Rita I. Sike, Director of the Financial…

Nigeria’s new Minister of Defence, General Christopher Musa (retd), has reaffirmed that the country is safe and secure, assuring citizens that they will begin to witness tangible improvements in national security in the near future. He gave the assurance on Thursday in Abuja while addressing journalists shortly after taking the oath of office as Minister of Defence. General Musa, a former Chief of Defence Staff, emphasized that strengthening coordination among the armed forces and various security agencies will be central to his mission at the ministry. He stressed that security is a collective responsibility and urged Nigerians to remain vigilant…

Popular Islamic scholar, Sheikh Ahmad Gumi, has prayed for divine wrath against all those responsible for the worsening insecurity and bloodshed across Nigeria. The cleric issued the prayer on Thursday in a Facebook post, invoking God’s immediate punishment on individuals or groups benefitting from the nation’s tragedy. Gumi, who has long been vocal about Nigeria’s security challenges, wrote: “My prayer today: Ya Allah! Whoever initiated or is behind this insecurity and bloodbath in Nigeria, whether foreign or citizen, or has any benefit, material or otherwise, or is even happy that people are being killed, or willingly did nothing to stop…