Author: admin

Nigerian music star, Davido, has said he supports couples having separate bank accounts, stressing that both men and women should maintain personal finances for their own security. Speaking during an appearance on The Uncut Podcast, the singer was asked whether he believes women should keep secret bank accounts away from their partners. In response, Davido said he sees nothing wrong with the idea and believes it should apply to both partners. He said, “Yeah, I think it’s good. I actually think they should; you never know. If I ever found out that my wife had a secret bank account, I’d…

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Let’s not deny it. Nigeria is firmly in the era of heavy reliance on digital payments. Due to this fast growing dependence, trust, security and regulatory compliance are increasingly important to the country’s financial system. Financial institutions face growing pressure to prevent fraud, protect customer information and detect financial crime, as consumers and businesses move more transactions online. For OPay, this has led to sustained investment in compliance, risk management, artificial intelligence (AI) and governance as part of efforts to build a safer digital payments ecosystem. The fintech company has independently developed an Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) risk-control…

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The Ibadan Electricity Distribution Company, IBEDC, has raised the alarm over the increasing rate of vandalism of electricity infrastructure across its franchise areas. IBEDC also lamented the significant financial losses and the demise of five people in related incidents over the past three years. The company, in a statement by Angela Olanrewaju, Coordinating Head, Corporate Services, said the destruction and theft of electricity assets had resulted in substantial revenue losses through unbilled energy, describing such energy as electricity that could neither be distributed, consumed nor billed because of damaged infrastructure. IBEDC also said it had incurred huge costs replacing, repairing…

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ICC

The United States has designated two ICC officials of the International Criminal Court (ICC) – the President, Tomoko Akane of Japan, and Senior Trial Lawyer, Abdoulaye Seye of Senegal. The action announced on Tuesday by the Trump Administration is in pursuant to Executive Order 14203, “Imposing Sanctions on the International Criminal Court.” Secretary of State Marco Rubio said the sanctioned individuals have engaged in ICC’s efforts to investigate, arrest, detain, or prosecute officials whose government has not consented to ICC jurisdiction. Washington described the Hague-based court as “a corrupt and fatally politicized supranational court that has maliciously abused its authority…

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The naira extended its appreciation against the US dollar at the official foreign exchange market on Tuesday. Data from the Central Bank of Nigeria showed that the naira strengthened to N1,343.32 per dollar on Tuesday, from N1,349.54 traded on Monday. This means that, on a day-to-day basis, the naira strengthened by N6.22 against the dollar. At the parallel market, the Nigerian currency remained flat at N1,405 per dollar on Tuesday, the same rate recorded the previous day. The mixed sentiments across the official and parallel foreign exchange markets came as the country’s external reserves stood at $52.32 billion as of…

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The Senior Political Assistant to the African Democratic Congress, ADC, presidential candidate, Atiku Abubakar, Demola Olarewaju, on Tuesday said the momentum of the opposition would die if the former vice president stepped down from the presidential race ahead of 2027. Olarewaju insisted that Atiku is the only candidate showing the capacity to match President Bola Tinubu locally and internationally. Posting on X, he wrote: “Atiku steps down now and opposition momentum dies totally – an election with the incumbent as contestant is a different ballgame from a transition election. “2027 is beyond Atiku. Atiku himself is the bridge for us…

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The Bauchi State Police Command has recovered a consignment of vandalised railway sleepers in Doya Quarters, Bauchi, and arrested a suspected member of a syndicate allegedly involved in the theft of public infrastructure. According to a press release signed by the Police Public Relations Officer, SP Nafiu Habib, the command received credible intelligence at about 12:30 am on August 17, 2026, concerning the vandalism of railway properties within the Bauchi metropolis. The statement said operatives attached to the A Division Township swiftly acted on the information and traced the stolen railway materials to a residential building in Doya Quarters. The…

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The Imole Campaign Council, TICC, has commenced the final stage of documenting victims of election-related violence recorded before, during and immediately after the Osun State Governorship Election. The council, in a statement issued in Osogbo on Tuesday by its spokesperson, Pelumi Olajengbesi, extended its sympathies to individuals and families affected by violence during the electoral period. It said the affected persons included those who suffered loss of life, injuries, assaults, destruction of property, arrests and other forms of violence connected with the election. Olajengbesi said the documentation exercise was being conducted across the state and urged members of the public…

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The Akwa Ibom State Council of the Nigerian Union of Journalists, NUJ, on Tuesday unveiled the program for the 2027 election debate in the state. The debate is to enable candidates explain their policy direction and developmental plans to the electorate. Unveiling the initiative at the NUJ Secretariat, Information Drive, Uyo, the Council Chairman, Comrade Nsibiet John, noted that the exercise is in line with the agenda setting mandate of the media. While calling for a transparent and unbiased process, he charged the election debate committee to desist from any element of bias. John also urged journalists in the state…

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United States District judge, Beryl Howell, has issued Donald Trump-appointed attorney, Jeanine Pirro, four additional days to release the drug-trafficking records of Nigeria’s President, Bola Tinubu. According to Dr Von Batten-Montague-York, who disclosed the development in a post on X, Judge Howell noted that the case had been pending for more than three years. It will be recalled that Pirro had reportedly requested an additional 10 days to comply with the order concerning records held by the US Department of Justice, DOJ, Federal Bureau of Investigation, FBI, and Drug Enforcement Administration, DEA. However, Judge Howell granted only four additional days,…

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