Author: Olamide Obayemi

Seven internet fraudsters: Osunsina Yusuf Afolabi, Timilehin Gbemi, Akinseye Mayowa, Oladapo Damilola Michael, Akinfemiwa Akintunde, David Ehirebamen Aigbadon and Osarodion Aifeshi Jonathan, were on Tuesday February 27, 2024 convicted and sentenced to various jail terms by Justices Efe Ikponmwonba and Justice M. Itsueli of Edo State High Court sitting in Benin City.They were jailed after pleading guilty to one-count separate charges bordering on impersonation and possession of fraudulent documents upon arraignment by the Benin Zonal Command of the Economic and Financial Crimes Commission (EFCC).The charge against Timilehin Gbemi reads: that you Timilehin Gbemi (m) on or about 14th February, 2024…

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The latest Gross Domestic Product (GDP) numbers from the National Bureau of Statistics (NBS) have shown in many ways that the Nigerian economy is not only fast adjusting but also adapting to the national economic reforms being spearheaded by the President Bola Ahmed Tinubu administration. The reformation is headlined by the twin policies of fuel subsidy removal and unification of the foreign exchange rates. Whereas the GDP figures of the third quarter (Q3) 2023, which was the first full quarter of the administration, envinced national economic production activities data which reacted sharply to the introduction of the two policies,the economy…

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By Abimbola Ogunnaike No fewer than 16 soldiers and one officer are currently facing court martial in Plateau state over alleged offences ranging from armed robbery and murder to unlawful possession of arms and ammunition and selling same contrary to their operational mandate within the 3rd Armoured Division. The inaugural sitting of the court martial took place at the 3rd Armoured Division, Maxwell Khobe Cantonment, the Nigerian Army in Bassa Local Government Area on Tuesday, 27 February, 2027 Acting Deputy Director of Legal Services 3 Division Nigerian Army, Major Aminu Mairuwa, who spoke after the inauguration of the General Court…

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By Abimbola Ogunnaike Tragedy occurred in Ochanja market in the commercial city of Onitsha, Anambra State Onitsha on Monday, 27 February as six people were confirmed dead while 20 others injured after a building meant to serve as a market on completion, collapsed. It was gathered that the building collapsed at about 8 pm on Monday with some of the workers still inside the building. The situation created panic around the area as passers-by and residents were making efforts to rescue the trapped victims from the rubble. The Anambra State Emergency Management Agency, which confirmed the sad development, said most of them…

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Veteran Nollywood actor cum movie director, Paul Obazele has emerged as the governorship candidate of the African Democratic Congress (ADC) ahead of the September gubernatorial election in Edo State. Other guber aspirants for the position unanimously agreed to present the movie star as the flagbearer during Friday’s primary election held at the Uselu axis of Benin City. Officials of the Independent National Electoral Commission (INEC) from the national headquarters were around to observe the conduct of the exercise, which they described as peaceful. Obazele will now battle candidates of other political parties for the September 21 governorship election in Edo…

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The Independent Media and Policy Initiative (IMPI) is convinced that Nigeria will witness economic growth in 2024, on the basis of the GDP figure of the last quarter of 2023 it said in a statement signed by its Chairman, Niyi Akinsiju, that it expects the growth to be driven by the non oil sector and expansion in the financial sector as the Central Bank of Nigeria battles to tame inflation rate and stabilize the foreign exchange rate. The policy group explained that its position is based on a careful study of the latest GDP figure released by the National Bureau…

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The Tinubu Media Support Group (TMSG) has described former Vice President Atiku Abubakar’s recommendation of measures introduced by Argentina’s President Javier Milei for Nigeria as a reflection of a confused mindset. It said in a statement signed by its Chairman, Jesutega Onokpasa that his position showed that the former PDP Presidential Candidate and his handlers did not have a proper understanding of the Argentina situation before and after Milei assumed office in December 2023. “We know that the Argentina President inherited an economy in a worse situation than what President Bola Tinubu met on ground but we wondered what former…

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The 2nd Emergency Meeting of the Nigerian Music Industry with the theme, ‘Identification of Internal and External Regulatory Mechanisms to Smoothen the Working Relationship among Various Stakeholders and Subgroups in the Music Industry,’ took place on Monday, 12 February, 2024, via video conference. The Summit was facilitated by All Africa Music Awards – AFRIMA Music Business Summit in partnership with the Performing Musicians Employers Association of Nigeria (PMAN), Record Label Proprietors Initiative (RELPI), Association of Music Artist Managers of Nigeria (AMAMN) and Music Publishers Association of Nigeria (MPAN), Music Publishers Association of Nigeria (MPAN), Fuji Musicians Association of Nigeria (FUMAN),…

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Lagos State Governor, Mr. Babajide Sanwo-Olu, on Tuesday, 27 February, 2024, reassured religious organisations in the state of his administration’s continuous support as well as cooperation in creating an enduring partnership for the benefit of residents of the State. He said Lagos State is very critical to the success of Nigeria, noting that “if we are able to do it well, we will continue to project our country in the right way.” Governor Sanwo-Olu, who was represented by his deputy, Dr. Obafemi Hamzat, spoke during courtesy visits by the National Executive of Nasrul-Lahi-L-Fatih Society (NASFAT), led by its President, Ayodeji…

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President Bola Tinubu on Tuesday, 27 February, 2024, in Abuja launched the Expatriate Employment Levy (EEL) to facilitate home-grown skill retention and technology domestication and to balance employment opportunities between Nigerians and expatriates. Speaking at the launch of the Expatriate Employment Levy handbook, the President also said the aim is to close wage gaps between expatriates and the Nigerian labour force, while increasing employment opportunities for qualified Nigerians in foreign companies operating in the country. President Tinubu, however, warned that the scheme should not be used as an impediment nor as a cudgel wielded to discourage foreign investors. “We expect…

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