Nigeria in Talks to Rejoin JP Morgan Bond Index
Nigeria is in advanced discussions with JP Morgan to rejoin its Government Bond Index, a move aimed at boosting investor confidence, according to the Director-General of the Debt Management Office (DMO), Patience Oniha. Speaking at the Nigerian Investors’ Forum on the sidelines of the World Bank/IMF Spring Meetings, Oniha said recent reforms, particularly in the […]
Court Orders 54 Banks to Return ₦9.3bn Stolen Funds
Justice Deinde Dipeolu of the Federal High Court in Lagos has ordered 54 financial institutions to immediately return a total of ₦9,329,322,870 fraudulently transferred by hackers from an unnamed old generation bank. The ruling, delivered on April 15, 2025, followed an ex parte motion in suit FHC/L/CS/629/2025. The court directed that Post No Debit restrictions […]
18 Africans Among Cardinals to Choose Next Pope
Following the death of Pope Francis on Easter Monday, preparations are underway for the conclave that will elect the next pope of the Roman Catholic Church. Out of 252 cardinals worldwide, 135 are under the age of 80 and eligible to vote in the secret ballot. Among the electors, Africa is represented by 18 cardinals, […]
ECOWAS Meets in Ghana to Discuss Exit of Niger, Mali, Burkina Faso
Member states of the Economic Community of West African States (ECOWAS) have convened in Accra, Ghana, for a two-day meeting to deliberate on the withdrawal of Niger, Mali, and Burkina Faso from the bloc. In a statement issued Tuesday, ECOWAS said the session will focus on the modalities of the exit process and its implications […]
Harvard Sues Trump Over Federal Funding Freeze
Harvard University has filed a lawsuit against the Trump administration, accusing it of using federal funding as leverage to exert political control over the institution’s academic decisions. The lawsuit, filed in a Massachusetts federal court, comes after former President Donald Trump ordered a $2.2 billion freeze on federal funds to Harvard, citing the university’s refusal […]
Pro-Fubara Protest Erupts in Rivers State Over Governor’s Suspension
Hundreds of supporters of suspended Rivers State Governor Siminalayi Fubara staged a protest on Tuesday, demanding his reinstatement. Dressed in black and carrying placards with messages like “Together we stand for Governor Sim Fubara” and “We want back our Governor, we all voted for,” the demonstrators marched from Aggrey Road in Old Port Harcourt Township. […]
UK Records 22,000 Asylum Applications from Nigerians
A total of 22,619 Nigerians applied for asylum in the United Kingdom between 2010 and 2024, according to newly released Asylum and Resettlement statistics by the UK Home Office. Nigerians accounted for one in every 30 asylum claims over the 14-year period, placing them 11th on the UK’s asylum rankings. Notably, the number of Nigerian […]
Funeral of Pope Francis Set for April 26 at St. Peter’s Square
The funeral of Pope Francis will be held on Saturday, April 26, 2025, at 10:00 a.m. in St. Peter’s Square, according to a statement released on Tuesday by the Holy See Press Office. Cardinal Giovanni Battista Re, Dean of the College of Cardinals, “will preside at the Mass, which will be concelebrated by Patriarchs, Cardinals, […]
BREAKING: Pope Francis Dies at 88
Pope Francis has died at the age of 88, the Vatican confirmed on Easter Monday. The pontiff passed away peacefully at 7:35 a.m. at his residence in the Casa Santa Marta within Vatican City. The Camerlengo of the Apostolic Chamber, Cardinal Kevin Farrell, formally announced the death, stating, “With deep sorrow, I must announce the […]
FG Targets 8,000MW Power Supply by 2027 – Adelabu
The Federal Government aims to generate and distribute at least 8,000 megawatts of electricity by the end of President Bola Ahmed Tinubu’s first term in 2027. Minister of Power, Adebayo Adelabu, disclosed this on Thursday during the sixth edition of the 2025 Ministerial Press Briefing in Abuja. Adelabu said the goal is realistic, highlighting a […]
