Latest News

Phyna Criticizes Tinubu Over Yelewata Visit: “They Were All Killed!”

Reality TV personality Phyna has expressed outrage over President Bola Tinubu’s recent visit to Yelewata in Benue State, where hundreds of residents were reportedly massacred during a violent attack by armed herdsmen. Phyna, visibly upset, took to social media to challenge the narrative that the president visited “victims” of the tragedy. According to her, there were no survivors to visit—just the memories of those who were burned and butchered in the assault. “There were no victims in Yelewata, they were

June 19, 2025 18

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News

Low Funding, Vandalism Cripple TCN’s Power Transmission Efforts

Nigeria’s power transmission system, managed by the Transmission Company of Nigeria (TCN), is facing severe setbacks due to chronic underfunding, widespread vandalism, and regulatory inefficiencies, according to TCN’s Managing Director, Sule Abdulaziz. 🔧 Key Challenges: 1. Vandalism Crisis Over 109 transmission towers vandalized between January–March 2025 alone. Port Harcourt region suffered most, with 62 towers destroyed in 13 attacks. 2024 and 2025 have seen record vandalism cases, leading to extended blackouts. TCN is advocating for life imprisonment penalties to deter

June 19, 2025 15 1

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News

Liquidity Crisis Looms as CBN’s 50% CRR Policy Hits Nigerian Banks – Renaissance Capital

A new report by Renaissance Capital has raised red flags over the Central Bank of Nigeria’s (CBN) decision to impose a 50% Cash Reserve Ratio (CRR) on banks, warning that the policy is choking bank liquidity, stifling lending, and potentially undermining Nigeria’s $1 trillion GDP ambition by 2030. 🔍 Key Findings: Liquidity drain: With 50% CRR and 30% liquidity ratio, banks have just 20% of customer deposits left for lending — far below the 50% Loan-to-Deposit Ratio (LDR) benchmark. Profit

June 19, 2025 23 2

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Highlights

Reps Tackle 13 Oil Firms Over $457m Debt, Recover ₦86.5bn in Ongoing Probe

The House of Representatives Public Accounts Committee (PAC) has issued a final warning to 13 oil companies over alleged non-remittance of $456.95 million (₦731.12 billion) owed to the Federal Government. Despite repeated summons and public notices, the companies reportedly failed to appear before the committee probing unremitted oil revenues. The committee is now threatening sanctions under Nigeria’s legislative and constitutional frameworks. Defaulters Include: Neconde Energy Ltd – $326m Continental Oil & Gas Ltd – $57m Heirs Holdings – $137.7m Aiteo

June 19, 2025 24 4

Entertainment News

“I Can’t Marry a Man Who Doesn’t Serve in Church or Believe in Tithing” – Coach Oleju Kate Declares

Media personality Coach Oleju Kate has stirred online debate after publicly stating that she would not marry a man who is not actively involved in church service or does not believe in paying tithes. In a video shared on social media, the coach and influencer outlined her personal convictions regarding marriage and faith, emphasizing that her ideal partner must be dedicated to church duties and committed to biblical giving principles. “If you’re not serving in any department in your church,

June 18, 2025 15

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News

Lagos Taskforce Raids Criminal Hideouts, Arrests 49 Suspects in Victoria Island

The Lagos State Environmental and Special Offences Enforcement Unit has arrested 49 suspects in a coordinated early morning raid targeting criminal hideouts across Victoria Island, including Maroko Sandfill, Bonny Camp, and surrounding areas. The operation, which commenced around 1:00 a.m. on Wednesday, was led by the agency’s Chairman, Chief Superintendent of Police (CSP) Adetayo Akerele, and aimed to rid the city of criminal elements disturbing public peace. Of the 49 suspects apprehended, 48 were men and one was a woman,

June 18, 2025 22 3

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News

Emefiele Granted ₦2bn Bail Over Alleged 753 Duplexes Fraud in Abuja

A High Court of the Federal Capital Territory (FCT) has granted bail to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, in the sum of ₦2 billion, following his arraignment on fresh property fraud charges involving 753 housing units in Abuja. The Economic and Financial Crimes Commission (EFCC) filed an eight-count charge against Emefiele, alleging the fraudulent acquisition of a sprawling estate at Plot 109, Cadastral Zone C09, Lokogoma District, spanning over 150,000 square metres. Emefiele, who pleaded not

June 18, 2025 19 3 2

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Politics

Senate Screens Tinubu’s 17 Nominees for Key Commissions in Rivers State

The Nigerian Senate has commenced the screening of 17 nominees submitted by President Bola Ahmed Tinubu to head three critical commissions in Rivers State, including the Independent Electoral Commission, Civil Service Commission, and Local Government Service Commission. The nominees were presented before the Senate ad hoc committee overseeing activities related to the Rivers Sole Administrator, Vice Admiral Ibok-Ete Ibas (retd), during a session held on Tuesday. According to Senate Leader Opeyemi Bamidele, who also chairs the committee, all 17 nominees

June 18, 2025 16 6

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Highlights

Benue Killings: Tinubu Visits Victims’ Families, Holds Town Hall with Stakeholders

President Bola Ahmed Tinubu on Wednesday began a high-profile visit to Benue State to address the escalating violence in the region, following the deadly Yelewata attack that claimed over 100 lives on June 13. The President’s visit began with a trip to Yelewata in Guma Local Government Area, the epicenter of the recent violence, where he met with survivors, bereaved families, and displaced persons. The attack, carried out by unidentified gunmen, has been described as one of the deadliest in

June 18, 2025 13 3