Author: Ifetayo Adeniyi

Elegbede Abiodun Bianca Odumegwu-Ojukwu replaces Tuggar as Foreign Affairs Minister. President Bola Tinubu has approved the appointment of Ambassador Bianca Odumegwu-Ojukwu as Nigeria’s new Minister of Foreign Affairs, following the resignation of Ambassador Yusuf Tuggar, who stepped down ahead of his anticipated political move toward the 2027 elections. Tinubu also nominated Ambassador Sola Enikanolaiye as Minister of State for Foreign Affairs, subject to Senate confirmation. These were contained in a statement by presidential spokesperson Bayo Onanuga on Wednesday. According to him, the changes are intended to strengthen Nigeria’s diplomatic posture and align foreign policy with the administration’s economic priorities. “These…

Elegbede Abiodun Hamzat had served as Commissioner for Works and Infrastructure and Commissioner for Science and Technology in Lagos State. President Bola Ahmed Tinubu has endorsed Lagos State deputy governor, Obafemi Hamzat, as the All Progressives Congress (APC) candidate for the 2027 governorship election. Lagos State governor, Babajide Sanwo-Olu, disclosed this in a post on his official social media page, describing the President’s backing as a strong vote of confidence in Mr Hamzat’s leadership and capacity to lead the state. “Femi has been a reliable partner, and seeing him receive the President’s backing is a bold statement of trust, confidence,…

Manny Ita  – A prosecution witness on Wednesday told the Federal High Court in Abuja how security operatives allegedly uncovered a plan to overthrow President Bola Ahmed Tinubu, linking several suspects to the plot through intelligence findings, documents, and financial transactions. The witness, an officer of the Nigerian Army Corps of Military Police identified only as “AAA,” testified under protective measures during the trial of a retired major-general and five others facing charges including treason, terrorism, and money laundering. The court, presided over by Justice Joyce Abdulmalik, granted anonymity to the witness for security reasons. According to the testimony, intelligence…

Manny Ita  – Uber has introduced a new hotel booking feature within its app as part of its strategy to evolve into a comprehensive “everything app.” The service, developed in partnership with Expedia, allows users to search and reserve hotel rooms from a selection of more than 700,000 properties. The feature integrates travel tools such as maps, filters, and pricing options, while enabling payments through saved card details already stored in the Uber platform. According to Uber CEO Dara Khosrowshahi, the company is expanding beyond ride-hailing and food delivery to become a unified platform for a wide range of everyday…

Manny Ita  – Brussels Airport has warned passengers that a large number of flights are expected to be cancelled next month due to nationwide strike action in Belgium. In a notice posted on its website, the airport said the planned national strike on 12 May will significantly reduce available staff at key service providers, leading to major disruptions in airport operations. It stated that “a large number of departing flights will have to be cancelled,” and warned that some arriving flights may also be affected. Passengers impacted by cancellations will be contacted and offered alternative options. Reports indicate that up…

Manny Ita  – The Economic and Financial Crimes Commission (EFCC) has re-arraigned Bauchi State Accountant-General, Sirajo Muhammad Jaja, and an unlicensed Bureau de Change operator, Aliyu Abubakar, over an alleged N1.63 billion money laundering case. The defendants were re-arraigned on Tuesday, April 28, 2026, before Justice O. A. Egwuatu of the Federal High Court in Abuja on an amended five-count charge. The EFCC alleged that the defendants conspired to convert and transfer public funds belonging to the Bauchi State Government through various accounts and entities. In count two of the charge, the commission alleged that N1,290,154,337.20 was transferred from a…

Manny Ita  – The Federal High Court in Abuja has granted permission for a prosecution witness to testify under protective conditions in the ongoing trial of a retired army general and five others accused of plotting a failed coup against President Bola Tinubu. Justice Joyce Abdulmalik approved the request after the prosecution argued that the witness required protection for security reasons as proceedings commenced. Under the ruling, the witness will testify behind a screen to conceal their identity from the public, and their real name will not be disclosed during the trial. The federal government has filed a 13-count charge…

Elegbede Abiodun ‎• 2025 would be known as a landmark year in GTCO’s growth and expansion with successful listing of its shares on the London Stock Exchange. The shareholders of Guaranty Trust Holding Company Plc (GTCO), yesterday commended the management of the financial institution for the highest dividend payout of N12.76K in the Nigerian’s banking sector for 2025 financial year. ‎The shareholders yesterday at the GTCO’s 5th Annual General Meeting (AGM) lauded the Group’s impressive 2025 financial year performance and also for meeting the Central Bank of Nigeria (CBN)’s N500billion new minimum capital requirement. ‎Speaking at the AGM, the President…

Manny Ita  – MTN Nigeria Communications Plc has announced plans to divest a 60% stake in its fintech subsidiaries—MoMo Payment Service Bank and Y’ello Digital Financial Services—to MTN Group in a major intra-group restructuring valued at about ₦95.5 billion. The transaction, disclosed ahead of the company’s Annual General Meeting, will see MTN Group acquire majority ownership through its fintech arm, while MTN Nigeria retains a 40% stake in both entities. Under the deal structure, the acquisition will be executed through a combination of fresh capital injection into the fintech businesses and a secondary purchase of shares from MTN Nigeria. The…

Manny Ita  – Cadbury Nigeria Plc has announced the resignation of Ibukun Awosika as a director on its board, bringing to an end a 16-year tenure marked by significant contributions to the company’s governance and strategic direction. The resignation, which takes effect from May 1, 2026, was disclosed in an official statement signed by the company secretary, Afolasade Olowe, and communicated to the Nigerian Exchange Limited as well as the investing public. The board confirmed it had formally accepted her decision to step down. Awosika joined the board in October 2009 as a non-executive director and has since played a…