Tech giant Nvidia has made financial history by becoming the first publicly traded company to reach a market capitalization of $5.5 trillion, setting a new all-time record on Wall Street. The chipmaker crossed the historic valuation milestone on Wednesday as its stock continued a strong upward rally, with shares climbing 3 percent in early trading….
The Federal High Court in Abuja has sentenced former Minister of Power, Saleh Mamman, to 75 years in prison after finding him guilty of fraud and money laundering involving approximately ₦33.8 billion in public funds. The judgment was delivered by Justice James Omotosho, who convicted Mamman on all 12 counts filed against him by the…
President Bola Tinubu has approved Nigeria’s bid to host two major African football events — the 2026 CAF Awards and the 48th Ordinary General Assembly of the Confederation of African Football (CAF). The approval was confirmed in a statement released by the Nigeria Football Federation (NFF) on Tuesday, following a high-level meeting held during the…
The Independent National Electoral Commission (INEC) has announced plans to mobilise more than 1.4 million members of the National Youth Service Corps (NYSC) to support the conduct of Nigeria’s 2027 general elections. The disclosure was made in Abuja by INEC Chairman, Professor Joash Amupitan, during a courtesy visit to the Director-General of the NYSC, Brigadier…
The Nigerian Independent System Operator (NISO) has raised serious concerns over large-scale electricity theft along the Ikorodu-Sagamu transmission corridor, revealing that nearly 180 megawatts of power is being lost through illegal activities and meter manipulation. The affected transmission route, the Ikorodu-Sagamu 132kV double-circuit line, stretches across parts of Lagos and Ogun State, serving a number…
Russia is significantly expanding its drone manufacturing capabilities as reports indicate increased military-related exports to Iran, further deepening defense cooperation between the two nations. Recent satellite imagery has revealed major expansion work at the Alabuga Special Economic Zone, Russia’s primary drone production hub and home to what is widely regarded as the world’s largest factory…
The Federal High Court in Abuja has summoned the Independent National Electoral Commission (INEC) and the Attorney General of the Federation in a legal case challenging former President Goodluck Jonathan’s eligibility to contest the 2027 presidential election. The case came up on Monday before Justice Peter Lifu, where Jonathan’s legal team asked the court to…
The Federal Capital Territory High Court has issued a bench warrant for the arrest of former Minister of Power, Saleh Mamman, following his failure to appear before the court for ongoing legal proceedings. The order was issued on Monday by Justice Maryann Anineh, who also revoked the bail previously granted to the former minister due…
The United States Senate Committee on Banking, Housing, and Urban Affairs has released the draft text of the highly anticipated Crypto Clarity Act, a proposed bill designed to establish a clearer regulatory framework for cryptocurrencies and other digital assets in the United States. The legislation, released ahead of a scheduled committee vote on Thursday, is…
