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…
The National Bureau of Statistics (NBS) has reported a fresh surge in Nigeria’s inflation rate, rising to 24.23% in March 2025, marking the first increase since the country’s Consumer Price Index (CPI) rebase in January. The latest CPI report, released on Tuesday via the bureau’s official X (formerly Twitter) handle, reveals a significant jump from…
Former Manchester United legend Rio Ferdinand has issued a stern warning to Arsenal FC ahead of their UEFA Champions League quarterfinal second-leg clash against Real Madrid at the iconic Santiago Bernabeu. Although the Gunners hold a commanding 3-0 aggregate lead, Ferdinand cautioned that Real Madrid, known for their historic European comebacks, should never be underestimated,…
The Kano State High Court has reserved its ruling in the ongoing legal battle involving APC National Chairman, Dr. Abdullahi Umar Ganduje, and seven others over alleged misappropriation, bribery, and diversion of public funds. The case, filed by the Kano State Government, includes eight-count charges against Ganduje, his wife Hafsat Umar, and others: Abubakar Bawuro,…
