MTN Nigeria reported a loss of N400.44 billion after tax for the year ending December 31, 2024, primarily due to the devaluation of the naira, which increased foreign exchange losses and negatively impacted the company's earnings.  This loss, revealed in the company's audited financial statements on Thursday, marks a 192% increase from the N137.02 billion loss recorded in 2023. The...

The Edo State Police Command has confirmed that two more people have died following the violent clash between cocoa farmers and suspected produce thieves in Gbelemotin, Ovia South-West Local Government Area, bringing the total death toll to seven. In an update on Sunday, the state Police Public Relations Officer, Moses Yamu, revealed that six injured individuals were receiving treatment at an...

The Federal High Court 1 in Owerri, Imo State, has ruled in favor of Chika Edoziem, the Head of the Directorate of State of the Indigenous People of Biafra (IPOB). The court, presided over by Hon. Justice I.N. Oweibo, dismissed charges against Edoziem related to terrorism, insurgency, kidnapping, and violent crimes.   In Suit No: FHC/OW/FHR/29/2024, filed by Edoziem against the...

Mudashiru Obasa has been re-elected as the Speaker of the Lagos State House of Assembly. His return follows the resignation of Mojisola Meranda, who stepped down from the position with immediate effect. Obasa was reinstated during the plenary session on Monday. Earlier in January, Obasa had been impeached by members of the Assembly due to several fraud-related accusations. Further details will...

A passenger found with stolen items on an Air Peace flight from Lagos to Port Harcourt has been arrested and blacklisted by the airline.   In a statement on Thursday, Air Peace’s Head of Corporate Communications, Ejike Ndiulo, confirmed that the missing items were discovered in the passenger’s possession after a thorough search at Port Harcourt International...