The House of Representatives has directed Remita (SystemSpecs Ltd) to refund a total of N182.77 billion to the Federal Government of Nigeria, following findings from a forensic audit that revealed withheld funds from the Treasury Single Account (TSA) since 2015. The directive was issued on Wednesday by the Public Accounts Committee (PAC) during a meeting…
The Rivers State Judiciary has officially disassociated itself from a widely circulated false online report claiming that Governor Siminalayi Fubara secured a court victory against President Bola Tinubu and FCT Minister Nyesom Wike over the imposition of an emergency rule in Rivers State. In a statement released by Chief Registrar David Ihua-Maduenyi, the High Court…
Former Kogi State Governor Yahaya Bello has formally petitioned the Inspector General of Police (IGP) over what he described as defamatory and inciting statements made by suspended Senator Natasha Akpoti-Uduaghan, representing Kogi Central in the National Assembly. In a petition submitted through his solicitor, N.A. Abubakar, Esq, Bello urged the police to invite Senator Natasha…
The Sole Administrator of Rivers State, Vice Admiral Ibok-Ete Ibas (Rtd.), has denied a widely circulated claim that he summoned suspended Governor Siminalayi Fubara and his deputy, Prof. Ngozi Nma Odu, for a meeting scheduled for Friday, April 18, 2025. In a statement issued on Wednesday by Sir Dede Sampson Friday, Permanent Secretary in the…
Nigerians across social media are raising alarm over the collapse of CBEX, a digital asset trading platform that has reportedly scammed investors out of over ₦1.3 trillion. The CBEX platform crashed on Monday after users noticed their account balances had vanished. Withdrawals were suddenly postponed, and the platform’s Telegram group was locked, fueling panic among…
A 400-level Mathematics student of the University of Ilorin (UNILORIN), Kazeem Sanusi, has made Nigeria proud by setting a new Guinness World Record for the Longest Mathematics Lesson ever recorded. Sanusi delivered a jaw-dropping 31-hour, 42-minute, and 54-second nonstop lecture, surpassing the previous global record of 26 hours. The historic achievement took place on Tuesday,…
The fallout from the collapse of CBEX, a now-controversial digital asset trading platform, took a dramatic turn as angry investors stormed and looted the CBEX office in the Oke Ado area of Ibadan, Oyo State. The unrest was sparked by widespread reports of missing funds and frozen accounts following the platform’s sudden crash. Many users…
Thousands of Nigerians are grappling with massive losses following the sudden collapse of CBEX, a digital asset trading platform accused of defrauding investors of over ₦1.3 trillion. Launched with mouthwatering promises of 100% Return on Investment (ROI) within 30 days, CBEX attracted a large number of investors, only to vanish overnight, leaving users’ wallets completely…
The Federal Competition and Consumer Protection Commission (FCCPC) has launched a decisive crackdown on expired and rebagged rice being sold at Utako Market in Abuja, following credible intelligence reports. During the operation, officials discovered that some traders were rebagging local rice into branded foreign sacks and even reselling expired rice, some allegedly dating as far…
The Speaker, Rivers State House of Assembly, Rt Hon Martin Amawhule, Clerk of the House, and other Assembly Officials during the Screening of Former Commissioners in the State for Reappointment. The Federal High Court sitting in Port Harcourt has dismissed a suit filed by the Labour Party (LP) challenging the legitimacy of 27 members of…
