Author: Vincent Osuwo

Dangote predicts Naira at N1,100 per dollar in 2026

Aliko Dangote, President and CEO of the Dangote Group, has accepted an appointment to the World Bank’s Private Sector Investment Lab, joining an elite group of global business executives tasked with increasing investment and job creation in emerging economies. In 2023, Canada’s Prime Minister, Mark Carney, co-chaired the Private Sector Investment Lab, which aimed to gather £1 trillion in sustainable investment to support emerging nations’ energy transition. Dangote emphasised his commitment to promoting sustainable economic growth through private sector-led investment in a statement confirming his acceptance, highlighting the transformative potential of such projects in developing countries. “I am both honoured…

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NFF declares crackdown on corrupt referees, threatens 10-year ban

The Nigeria Football Federation (NFF) has launched a crackdown on referees who may be involved in match-fixing, as the country’s football leagues reach decisive stages. In a memo signed by the Secretary of the NFF Refereeing Development Committee, Mohammed Ameenu, the federation warned all referees in the Nigeria Premier Football League, Nigeria National League, Nigeria Women’s Football League, and Nationwide League One, which began on Wednesday, to maintain fairness and protect the game’s reputation. The NFF is concerned that clubs, agents, and other football stakeholders may try to influence referees in order to obtain an unfair advantage. In response, the…

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2027 Election: 'Obi welcomed to be Labour Party presidential candidate,' Abure camp discloses

The Independent National Electoral Commission (INEC) has not yet made a decision regarding the leadership of the Labour Party following a recent Supreme Court judgement. Multiple INEC sources confirmed to on Thursday that the commission was still reviewing the court’s judgment. “No decision has been made yet on the Supreme Court judgment of the Labour Party,” an official said anonymously for lack of authorisation to speak to the press. Another official stated that a decision would only be taken after INEC had studied the Certified True Copy of the judgment. “The commission needs to obtain a Certified True Copy of…

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MTN increases data price by 200% as telecoms tarrif takes effect

Africa’s largest telecommunication service provider, MTN Group, disclosed on Thursday that it experienced a cybersecurity incident that exposed personal data of select customers in some markets but that its core networks, billing systems, and financial platforms are still secure. An anonymous third party claimed to have infiltrated elements of MTN’s systems, according to a statement posted on the company’s website. While the extent of the intrusion is still being investigated, MTN assured stakeholders that there is no evidence that user accounts or digital wallets were directly accessed. “No evidence of compromise to any of our critical infrastructure, core MTN platforms,…

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The Jigawa State Police Command has arrested Buhari Sule for reportedly killing his younger brother’s wife, Ummi Saleh, with a pestle. Sule, 25, used the pestle to seriously injure his neighbour’s daughter, Hauwa Alkassim, in addition to harming his brother’s wife. SP Shi’isu Adam, the Police Public Relations Officer for Jigawa Command, confirmed this in a statement issued on Thursday. According to the PPRO, the suspect was apprehended in Gunka village, Jahun LGA, on suspicion of perpetrating a violent crime. He did, however, state that the suspect is believed to be mentally unwell. According to the police spokeswoman, the event…

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Kidnapped Edo twins released after ransom payment - Family

Rev. Fr Ibrahim Amos, the priest in charge of St Gerald Quasi Parish in Kurmin Risga, Kauru Local Government Area, Kaduna State, has been kidnapped. Chronicle NG gathered that the gunmen came into Fr Amos’ home in Kurmin Risga at 12:15 a.m. on Thursday and abducted him. Rev. Fr Jacob Shanet, Chancellor of the Catholic Diocese of Kafanchan, verified Fr Amos’ abduction. He urged Catholics to join in prayer for the safe and prompt release of the kidnapped parish pastor. He stated, “With profound sorrow, we write to announce that Rev. Fr Ibrahim Amos, the parish priest of St Gerald…

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2027 Election: 'Obi welcomed to be Labour Party presidential candidate,' Abure camp discloses

The battle for control of the Labour Party between the Julius Abure-led National Working Committee and the Nenadi Usman Caretaker Committee resurfaced on Thursday after the former openly announced that there is no vacancy in the party leadership. Abure also cautioned Abia State Governor Alex Otti and the LP’s presidential candidate in the 2023 election, Peter Obi, to obey the Supreme Court decision. At a media briefing in Abuja, Abure addressed through Obiora Ifoh, the LP National Publicity Secretary. He said, “The position of the Labour Party after critically reviewing the Supreme Court judgement delivered on the 4th of April…

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Presidency accepts Kayode Egbetokun's resignation as IGP

The Rivers State Police Command has confirmed the arrest of Kelvin Okoro, who is accused of hacking a Revered Sister to death in the Aluu community of Rivers State’s Ikwerre Local Government. It was discovered that the suspect owed the deceased (Maureen Wecheonwu) an undisclosed sum of money and had been nagging her to repay it. According to a source who asked to remain anonymous due to the sensitivity of the situation, Kelvin duped his benefactor and led her to a remote location where he allegedly committed the heinous act on Thursday early before fleeing the scene. According to the…

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EFCC assures CBEX investors, 'you'll get your money back'

The Federal High Court sitting in Abuja has approved the request of the Economic and Financial Crimes Commission (EFCC) to arrest and detain six promoters of Crypto Bridge Exchange (CBEX) over an alleged investment fraud amounting to over $1 billion. Justice Emeka Nwite issued the order on Thursday after hearing the submissions from the EFCC’s lawyer, Fadila Yusuf. The six individuals named in the ex parte motion filed on April 23 are Adefowora Olanipekun, Adefowora Oluwanisola, Emmanuel Uko, Seyi Oloyede, Avwerosuo Otorudo, and Chukwuebuka Ehirim. The EFCC requested permission to arrest and detain the suspects while investigations continue and charges…

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Obidients have urged Atiku Abubakar to abandon his presidential ambition in 2027 and support Obi for the ADC presidential ticket.

A former member of the House of Representatives, Tajudeen Yusuf, has attributed the crisis within the Peoples Democratic Party (PDP) to several factors, including the failure of former Vice President Atiku Abubakar to prioritise the unity of the party over his personal political ambitions. Atiku contested as the PDP’s presidential candidate in the last two election cycles, but Yusuf believes it is time for him to step aside and allow the party to return to its original zoning formula, which he says would promote peace within the party. “If I have my way, I will advise former Vice President Atiku,…

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