Author: News Room

EFCC to arraign Bauchi Finance Commissioner over alleged N4.6bn fraud

The Economic and Financial Crimes Commission, EFCC, will, on Wednesday, arraign Yakubu Adamu, Commissioner of Finance, Bauchi State, over alleged N4.6 billion money laundering. Adamu, alongside a firm, Ayab Agro Products and Freight Company Ltd, will be arraigned before Justice Emeka Nwite at the Federal High Court in Abuja on a six-count money laundering charge marked FHC/ABJ/CR/694/2025. Adamu and his co-defendant were to take their plea on Tuesday but the case could not proceed due to the absence of the EFCC’s lawyer and the defendants. However, the defendants’ team of lawyers, led by Chief Gordy Uche, SAN, was in court.…

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Akpabio mourns police escort killed by tanker

The President of the Senate, Godswill Akpabio, has announced automatic employment for the two sons of his police rider, Deputy Superintendent of Police Hussani Ibrahim, who died in a motor accident on the Lagos–Ibadan Expressway on Sunday. Akpabio made the announcement on Tuesday on the floor of the Senate while formally informing lawmakers of the officer’s death. The late DSP Ibrahim, who served as the Senate President’s rider, according to a Premium Times report, was killed on Sunday when a petrol tanker rammed into Akpabio’s convoy. The incident reportedly occurred in Ibadan, the Oyo State capital, after the Senate President…

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Two killed, 19 injured in fatal Kogi crash

Two people have lost their lives, while 19 others sustained injuries in an accident along the Lokoja-Okene road on Tuesday. The Sector Commander of the Kogi State Command of the Federal Road Safety Corps, Tenimu Etuku, confirmed this in a statement to PUNCH Metro in Lokoja. Etuku stated that four of the 19 survivors sustained various degrees of injuries, ranging from bruises to fractures, and have been rushed to a nearby hospital for medical attention. He attributed the cause of the accident to excessive speeding. He said, “From the manifest, the ill-fated bus reportedly left Kano on Monday evening, heading…

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Coping with a Low Budget Christmas in Nigeria

Tomorrow is Christmas, a Christian holiday celebrated worldwide. From the start of the month, the greetings have changed. You’ll hear people say, ‘Season’s greeting’ or ‘Compliment of the Yuletide’ or ‘Merry Christmas in advance’. The time-honoured ‘Father Christmas’ viewing wasn’t missing this year as many schools, churches and media outfits organised Father Christmas Grottos, where children pay a token sum to visit Father Christmas, who also shares gifts with the visitors. Some organisers make it part of their end-of-the-year party with a DJ on hand to dish out good, danceable songs and music to visitors’ delight. Some organisations partner with…

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Lack of digital procurement threatens Africa free trade – Kuraway CEO

The continued reliance on manual procurement systems and inefficient logistics is undermining the African Continental Free Trade Area, Kuraway Chief Executive Officer David Chima noted in this interview with JUSTICE OKAMGBA For years, high transaction costs and lengthy procurement cycles have weighed on Nigerian businesses. What structural issues within the country’s procurement system do you see as the most obstructive? First, there is no unified, trusted database of vetted vendors. This means each time a purchase needs to be made, individuals or teams have to start searching for, vetting, and negotiating with vendors from scratch. This slows the process, exposes…

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Lookman stunner seals Nigeria AFCON opener win vs Tanzania

Nigeria began their 2025 Africa Cup of Nations campaign with a hard-fought 2–1 victory over a resilient Tanzania side, as Ademola Lookman’s superb second-half strike proved decisive in Morocco, PUNCH Sports Extra reports. The win extended the Super Eagles’ dominance in the fixture to nine matches unbeaten against the Taifa Stars and offered a timely response after last month’s failure to qualify for a second successive fifa world cup finals. Éric Chelle’s side started with clear intent and almost took the lead inside the opening minutes when Akor Adams forced Tanzania goalkeeper Zuberi Foba into a sharp save from a…

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A Call for Quality Controls

Software testers in Nigeria on Saturday called for stronger standards and stricter quality controls to bolster digital trust as the country expands its technology sector. The call came during the 8th Annual Conference of the Association of Nigerian Software Testers, held in Lagos. The conference, themed “TESTING NIGERIA FORWARD: Building Trust. Powering Progress. Shaping the Future”, highlighted the critical role of high-quality software in ensuring reliable digital platforms for businesses, government services, and consumers. In a country racing to digitise banking, government services, and commerce, the reliability of digital platforms has become a matter of national interest. Discussions at the…

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Bitcoin Stability May Signal No Drawdown In 2026: Pomp

Bitcoin’s lack of an exciting year-end price rally may be the catalyst that prevents a significant crash in the first quarter of next year, according to Bitcoin entrepreneur Anthony Pompliano.“Given where the volatility is right now, it would be very surprising that Bitcoin’s volatility has drastically compressed and yet still could get a 70% or 80% drawdown,” Pompliano said during an interview on CNBC on Tuesday.Pompliano said the short-term disappointment from Bitcoin (BTC) holders over the asset not reaching $250,000 this year overlooks the broader performance. “We have to remember that Bitcoin is up 100% in two years. It’s up…

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Florida Man Accused of Shooting Teens During Road Rage Incident

A man in Florida has been arrested after he allegedly opened fire on a car full of teenagers during a scary road rage incident. The Clay County Sheriff’s Office said in a news release that Ruben Rodriguez Heredia was involved in a road rage incident on Wednesday, December 17, that began at the intersection of Branan Field Road and Blanding Boulevard. While the situation first began as a traffic dispute, it escalated into a rolling shooting. Several witnesses called 911 to report that a black pickup truck was aggressively pursuing a black sedan as the truck’s driver shot at the…

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Reps approve Tinubu’s request to extend 2025 capital budget to March 2026

The House of Representatives has approved President Bola Tinubu’s request to extend the implementation of the capital component of the 2025 Appropriation Act to 31 March 2026. The approval was granted on Tuesday during plenary after lawmakers adopted the report of the House Committee on Appropriations. This followed a clause-by-clause consideration of the revised 2024 and 2025 budget bills in the Committee of Supply. PREMIUM TIMES reported that last Friday, President Tinubu transmitted the Appropriation (Repeal and Re-enactment) Bills, 2024 and 2025, seeking lawmakers approval to repeal the existing budgets and replace them with revised expenditure frameworks aligned with current…

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