Author: topnews

Former Governor of Ogun State, Otunba (Engr.) Gbenga Daniel has said that Chief Idowu Sofola’ death is a great loss to the Yoruba nation and Nigeria at large considering his patriotic zeal and tenacious passion for entrenchment of democracy in the country. Daniel, who  described the news of the deceased as shocking, stated that apart from making his mark as a shining light in the legal profession, Chief Sofola was a core nationalist who believed in a country of unity,  peace, justice and equity”. “His immense contributions as the leader…

President Muhammadu Buhari has made his first official visit to Lagos state, Nigeria’s economic capital, since coming to power in 2015. The president has only visited a few of Nigeria’s 36 states over the past three years. For Thursday’s visit, many businesses including banks, shops and markets were shut in the fifth largest economy on the continent. Hundreds of commuters and workers were stranded at bus stops to allow for a hitch-free visit, with many forced to trek several kilometres to their destinations as commercial buses were off the roads.…

Russian businessman Sergei Mavrodi, whose MMM pyramid scheme deprived millions of Russians of their savings in the 1990s, has died of a heart attack, according to Russia media. Reports said the 62-year-old was rushed to the hospital late on March 25 with pain in his chest and died several hours later. Mavrodi’s MMM financial pyramid was a typical Ponzi scheme in which earlier investors receive their profits from subsequent investors. Mavrodi promised returns of 20 percent to 75 percent a month, as well as lotteries and bonuses for investors. As…

The Nigerian National Petroleum Corporation (NNPC), Sunday, lamented the high rate of pipeline vandalisation in the south-eastern part of the country, stating tthat more than 50 per cent of petroleum products pumped through the Aba- Enugu pipeline network are stolen. According to a statement in Abuja, Group Managing Director of the NNPC, Mr. Maikanti Baru, who stated this during a visit to Governor Ifeanyi Ugwuanyi of Enugu State, declared that at some point, about 700 breaches were recorded on the pipeline. According to him, this situation has hampered efficient supply…

Former President, Chief Olusegun Obasanjo has received the gift of a live crocodile from Sangotedo community in Eti-Osa Local government area of Lagos State. It was donated to him in appreciation for helping the indigenes against a land grabbing syndicate. Obasanjo visited the area to ascertain report of alleged encroachment on the community’s land. It was gathered that the community had been under incessant attacks by suspected land grabbing syndicate. A live gagged crocodile was presented to Obasanjo as sign of appreciation by one of the affected areas during the…

The Minister of Information and Culture, Mr. Lai Mohammed has said that the Federal Government has vowed to deal with any persons or groups attempting to trivialise or politicise security issues for politically motivated ends, saying that security agencies would not hesitate to deal with such characters. Mohammed who said this in Lagos, also revised upwards the number of kidnapped and freed Dapchi schoolgirls. Insisting that the government neither paid ransom nor engaged in a prisoner swap, the minister  disclosed that 107 persons, comprising 105 Dapchi schoolgirls and two non-students…

A Magistrate Court has remanded five students of the Obafemi Awolowo University, Ile-Ife in the Kosere prison yard, Ilesa, Osun State, since last week. The students, Oloniniran Gbenga (400 level Geography),  Oyedeji Samson (300 level Pharmacy), Olajide Ademola (500 level Electrical Electronic Engineering), Jimoh Oladipupo (300 level Biochemistry) and Adeniji John (300 level Electrical Electronic), were arraigned at the Ife Magistrate court on Thursday. They were arrested for allegedly protesting a vacation order and the closure of their hostel by the school authorities. Students and members of staff of the…