Author: Adejuyigbe Francis

Globacom Given 24-Month Ultimatum To Appoint New CEO Or Face NCC Sanctions. Globacom, one of Nigeria’s leading telecommunications operators, has been issued a 24-month deadline by the Nigerian Communications Commission (NCC) to appoint a chief executive officer (CEO) separate from its chairman, Mike Adenuga. Failure to comply with this directive could result in regulatory sanctions, as outlined in the NCC’s new corporate governance guidelines released on 7 August 2025. These rules aim to enhance accountability, transparency, and operational independence across Nigeria’s telecom sector. The NCC’s directive mandates that telecom operators maintain a clear separation between the roles of board…

FEC Approves N142bn For Construction Of Ultra-Modern Bus Terminals In Six States. The Federal Executive Council (FEC), chaired by President Bola Tinubu, has approved ₦142.02 billion for the construction of ultra-modern bus terminals across Nigeria’s six geopolitical zones, marking a significant step toward improving the nation’s transport infrastructure. The announcement, made by the Minister of Transportation, Sa’idu Alkali, following the FEC meeting on Wednesday, 13 August 2025, underscores the government’s commitment to enhancing road safety, passenger comfort, and economic activity. The bus terminals, to be constructed by Messrs Planet Project Limited, will be located in Abeokuta (South-West), Gombe (North-East),…

Tinubu Orders Review Of Revenue Deduction, Retention By NNPC, FIRS, Others. Abuja, Nigeria – President Bola Tinubu has directed a comprehensive review of revenue deduction and retention practices by Nigeria’s major revenue-generating agencies, a move aimed at boosting public savings and driving economic growth. The directive, announced by the Minister of Finance, Wale Edun, following the Federal Executive Council (FEC) meeting on Wednesday, 13 August 2025, targets agencies including the Nigerian National Petroleum Company Limited (NNPC), Federal Inland Revenue Service (FIRS), Nigeria Customs Service (NCS), and Nigerian Maritime Administration and Safety Agency (NIMASA). Speaking to journalists at the…

Tinubu’s Economic Reforms Praised By WTO Chief Okonjo-Iweala. Dr. Ngozi Okonjo-Iweala, Director-General of the World Trade Organisation (WTO), has commended President Bola Tinubu for his administration’s efforts to stabilise Nigeria’s economy, describing the ongoing economic reforms as moving in the right direction. Speaking to journalists following a courtesy visit to the President at the Aso Rock Villa in Abuja on Thursday, 14 August 2025, Okonjo-Iweala highlighted the importance of these reforms as a foundation for future growth while urging the government to prioritise economic expansion and social safety nets. Okonjo-Iweala, a former Nigerian Finance Minister and globally respected economist,…

Russia Imposes Restrictions On WhatsApp And Telegram Calls Amid Security Concerns. Russia has introduced partial restrictions on voice and video calls made through WhatsApp and Telegram, a move announced by the country’s communications regulator, Roskomnadzor, on 13 August 2025. The decision, affecting an estimated 96 million WhatsApp users and 89 million Telegram users in Russia, is part of the government’s ongoing efforts to tighten control over the internet, citing national security and crime prevention as key motivations. Roskomnadzor justified the restrictions, claiming that the messaging platforms have become primary channels for fraudulent activities, extortion, and the recruitment of…

Stranded Nigerian Miners Return To Abuja From Central African Republic. A group of Nigerian miners, previously stranded in a remote village in the Central African Republic (CAR), are set to arrive in Abuja today, marking the end of a distressing ordeal. The miners, who were allegedly abandoned by a Chinese mining company, are expected to land at approximately 5:00 pm aboard an Asky Air flight, accompanied by Abdurahman Idris Baba Yola, an official from the Nigerian Ministry of Foreign Affairs based in Bangui, CAR’s capital. The plight of the six miners came to light last month through a viral…

Tragic Discovery Of Four Men Found Dead In Seine River Near Paris. French authorities are investigating the grim discovery of four men’s bodies found floating in the Seine River near Choisy-le-Roi, a suburb south of Paris, on Wednesday, 13 August 2025. The bodies, all belonging to adult males, were recovered around 1:00 pm after a commuter on an RER C train spotted one of the corpses in the water and alerted emergency services. Police and emergency responders arrived promptly at the scene, where they retrieved the first body. Further searches revealed three additional bodies within a short distance, one…

US Approves $346m Arms Sale To Nigeria To Bolster Security. The United States has authorised a significant arms sale to Nigeria, valued at $346 million, aimed at strengthening the country’s efforts to combat terrorism and enhance maritime security. The deal, approved by the US State Department, includes precision-guided bombs, rockets, and other munitions designed to support Nigeria’s ongoing operations against terrorist organisations and illicit trafficking in the Gulf of Guinea. This agreement marks a pivotal step in US-Nigeria defence cooperation, reflecting a shared commitment to addressing regional security challenges. The package is expected to enhance Nigeria’s military capabilities, enabling…

“We Have Not Received The $100,000 Promised By FG,” Says Super Falcons Captain Rasheedat Ajibade. Rasheedat Ajibade, captain of Nigeria’s Super Falcons, has publicly stated that the team is yet to receive the $100,000 pledged by the Federal Government following their triumph at the 2025 Women’s Africa Cup of Nations (WAFCON). The revelation, made during an interview with media personality Chude Jideonwo, has sparked widespread discussion about the government’s commitment to honouring its promises to the national team. The Super Falcons secured their 10th WAFCON title in July 2025, overcoming a 2-0 deficit to defeat hosts Morocco 3-2 in…

NCMDLCA Seeks Review Of Nigeria Customs Service Act To Curb Rising Port Costs. The National Council of Managing Directors of Licensed Customs Agents (NCMDLCA) has urged President Bola Ahmed Tinubu to establish a committee to review the Nigeria Customs Service (NCS) Act 2023, citing concerns over escalating port costs that threaten trade competitiveness. In a letter signed by NCMDLCA National President Lucky Amiwero, the group highlighted the Act’s financial framework, particularly the four per cent Free-on-Board (FOB) import levy and additional charges, as a burden on importers and businesses. The NCMDLCA argued that sections 18, 24, and 44 of…

Third Mainland Bridge Faces Major Rehabilitation At N3.6 Trillion, Says Minister. The Federal government of Nigeria has announced a significant rehabilitation project for the Third Mainland Bridge, one of the country’s most vital infrastructure assets, following the discovery of severe structural issues beneath the waterline. The Minister of Works, David Umahi, revealed that the rehabilitation is estimated to cost N3.6 trillion, reflecting the extensive damage to the bridge’s underwater components. Speaking at a recent Federal Executive Council meeting in Abuja, Umahi disclosed that detailed assessments uncovered critical problems with the bridge’s piers and piles, primarily due to illegal sand…

“APC, LP, PDP’ve Failed Nigerians” — Aregbesola Urges Voters To Choose ADC In 2027. Lagos, Nigeria – On 13 August 2025, Ogbeni Rauf Aregbesola, Interim National Secretary of the African Democratic Congress (ADC), delivered a scathing critique of Nigeria’s major political parties during a membership drive in Kosofe Local Government Area, Lagos State. The former Minister of the Interior declared that the All Progressives Congress (APC), Peoples Democratic Party (PDP), and Labour Party (LP) have failed to deliver progress, urging Nigerians to reject them in the 2027 general elections. Aregbesola, once a prominent APC figure and former Governor of…