Femi Otedola has reportedly purchased a London mansion valued at £53 million (approximately $72 million), marking another major deal in the city’s upscale property market, according to a Thursday report by Bloomberg. The 10-bedroom property is located in St John’s Wood, a high-end district in London, a short distance from Regent’s Park. Bloomberg reports … Read more
Top Iranian football officials departed Canada ahead of the FIFA Congress after raising concerns over their treatment by immigration authorities at Toronto’s international airport, Iranian media reported on Wednesday. Iran’s football federation president and deputy secretary general “returned to Turkey on the first flight due to the inappropriate behaviour of the immigration officials at … Read more
At least 25 people were killed in two separate jihadist attacks in northeastern Nigeria’s Adamawa state, local sources told AFP on Thursday. The attacks in the towns of Madagali and Hong in the border region with Cameroon were attributed to Boko Haram jihadists, whose fighters have been active in the area since the group … Read more
A Federal High Court sitting in Abuja has admitted into evidence a report by the Department of State Services allegedly linking the leader of the proscribed Indigenous People of Biafra, Nnamdi Kanu, to the killing of 186 police officers and the destruction of 164 police stations during the #EndSARS protests. Justice James Omotoso admitted … Read more
On Thursday , Chelsea is reportedly not planning another move for Napoli striker Victor Osimhen in the upcoming January transfer window, despite previous interest in the Nigerian international. The 25-year-old, currently on loan at Galatasaray, has been in sensational form, scoring 12 goals in 15 appearances across all competitions, including two in last month’s … Read more
The naira is forecasted to depreciate to N1,993 against the United States dollar by 2028, posing a significant challenge to Nigeria’s pharmaceutical industry, particularly in importing essential medical devices, a new report by BMI, a Fitch Solutions subsidiary, has revealed. In the report titled “Weak Naira and Structural Challenges to Constrain Nigeria’s Medical Devices Market … Read more
At least N19.43bn was spent on the maintenance and operations of the Presidential Air Fleet from July 2023 to September 2024, The PUNCH learnt. Checks by our correspondent on GovSpend, a civic tech platform that tracks and analyses the Federal Government’s spending, showed that for 2024, the payouts amounted to N13.55bn, representing 66 per cent … Read more
The Nigerian Army has categorically dismissed speculations claiming that the Chief of Army Staff, Lt. Gen. Taoreed Lagbaja, has died, labeling the reports as fake news. The headquarter via its official X handle, @HQNigerianArmy, dismissed an online report that circulated on Sunday, stating, “Chief of Army Staff dies of cancer.” The report claimed that … Read more