Author: News Room
At least two soldiers from the Nigerian Army have assaulted Olalekan Fakoyejo, assistant business editor with TheCable, in Ikeja, Lagos, following a remark he made about traffic obstruction. The incident occurred on Saturday as Mr Fakoyejo was travelling from Ikeja to Ogba in a commercial tricycle, popularly known as ‘Keke Napep’. According to the newspaper on Monday, witnesses said soldiers were controlling traffic near Pleasant Event Centre, off Ajao Road, when one of them ordered a tricycle rider to pull over and pick up an additional passenger as punishment, a move that worsened congestion along the busy route. Mr Fakoyejo’s…
Our deeds determine us, as much as we determine our deeds. – George Elliot Wole is a personable being any decent person would be loved to associate with. In terms of age difference and according to Yoruba protocols and code of ethics, I believe I am not qualified to write this synopsis about his intimidating credentials of a life of service, sacrifice, perseverance and humanity in the past six decades. However, considering our ‘cult-like” bond from childhood to adolescence, through adulthood to this stage of life, I can authoritatively state that I am no less qualified to express my thoughts…
Former Chairman of the defunct Skye Bank Plc, Barrister Tunde Ayeni, has been sent to Kuje Prison in Abuja on remand by the High Court of the Federal Capital Territory following his arraignment on N8 billion money laundering charges. He is to remain in prison until May 13, when his application for bail will be considered. Ayeni, a lawyer of over 35 years’ call to the Bar, was remanded by Justice Jude Onwuegbuzie of the Federal Capital Territory High Court on Monday when he was docked before him by the Economic and Financial Crimes Commission (EFCC). The lawyer was put…
Senator representing Kogi Central, Senator Natasha H. Akpoti-Uduaghan, has picked up her Expression of Interest and Nomination Form of the Peoples Democratic Party, PDP, ahead of the 2027 Kogi Central Senatorial District election. This comes barely 48 hours after former Kogi State Governor, Yahaya Bello, picked the All Progressives Congress, APC, form for the same Kogi Central election. Recall that Natasha has vowed not to back down for Bello, insisting that she will contest and win her re-election. In a post on her Facebook page on Monday, Natasha lauded her husband, Chief Emmanuel Oritsejolomi Uduaghan, for standing by her. “If…
Kun Khalifat FC technical adviser, Obinna Uzoho, says his team will not give up their fight to avoid relegation in the Nigeria Premier Football League, NPFL, this season. The modest side moved to 17th position in the table after a 2-1 win over Kano Pillars at the Dan Anyiam Stadium, Owerri on Sunday. Uzoho expressed confidence in the side’s ability to retain their top-flight status. “We always believe in ourselves and we don’t give up until the last whistle is blown,” Uzoho told Puyaka. “We will fight until we are safe to play in the league next season.” Uzoho added…
A financial technology startup, Tapnob, has announced the launch of a payments platform designed to simplify cross-border money transfers by leveraging Bitcoin infrastructure for instant conversion of digital assets into naira. In a press statement signed by the Chief Executive Officer, Fishon Amos, on Thursday, the company said the platform, which went public on July 15, 2025, enables users to send cryptocurrencies such as Bitcoin, USDT, and USDC, with recipients receiving the naira equivalent within seconds at locked-in rates. The firm noted that the innovation addresses persistent challenges associated with traditional remittance systems, including high transaction costs and delays, as…
The detectives of the Oke Itoku Division of the Ogun State Police Command, Abeokuta, have commenced a full-scale investigation into a suspected cult-related violent clash that resulted in the death of one male adult around Ijemo Agbadu, Abeokuta, on Sunday. This is just as the police also stated that the killing had nothing to do with a political programme held at Ake on Sunday by the Yayi Progressives Movement. The spokesperson for the state police command, DSP Oluseyi Babaseyi, disclosed this in a statement made available to PUNCH Metro on Monday. Babaseyi said, “At about 2:45 p.m., a confrontation reportedly…
Family businesses occupy a special place in the economic and social life of every society. They are more than commercial ventures created to generate profit; they are often built on dreams, sacrifice, trust, shared history, family identity, and the desire to create a legacy. Across different sectors, family businesses contribute to employment, wealth creation, innovation, and community development. From small family-owned enterprises to large multigenerational companies, their impact on economic growth is significant. Yet, while family businesses are rich in potential, they are also uniquely complex. The same emotional ties that make them strong can become sources of tension when…
An Ibadan-based popular broadcaster and governorship aspirant under the umbrella of the Accord Party, Oriyomi Hamzat, on Monday picked the expression of interest and nomination forms at the party secretariat in Yemetu, Ibadan North Local Government Area of Oyo State. Hamzat, while addressing supporters after completing the formal process of obtaining the nomination form, said his journey into active politics had moved from intention to execution. He explained that “work has started” on his governorship ambition. According to him, “The move signals a new phase of structured mobilisation and political engagement across the state. I am here to pick expression…
Nigeria’s low labour costs and expanding talent pool are driving its rise as a major global outsourcing destination, according to a new report analysing trends in the business process outsourcing industry. The report, compiled by Ataraxis Management using its Global Outsourcing Talent Index, ranked Nigeria sixth globally out of 193 countries, placing it among the world’s most competitive outsourcing markets. It stated that Nigeria’s strong performance was largely underpinned by cost competitiveness, noting that “Nigeria and Egypt each score higher (98) than India (96) and Pakistan (97) in labour cost competitiveness.” The report added that the country’s relatively low wage…
