AMCON completes sale of Ibadan DisCo for ₦100 billion

The Asset Management Corporation of Nigeria (AMCON) has officially confirmed the sale of the Ibadan Electricity Distribution Company (IBEDC), one of the five power distribution companies formerly under its management. Gbenga Alake, AMCON’s Managing Director and CEO, announced the sale during a media briefing with senior journalists on Thursday, July 3. Alake revealed that IBEDC…

Former Super Eagles goalkeeper Peter Rufai passes away at 61

Nigerian goalkeeping legend Peter Rufai has passed away. According to family sources, Rufai—affectionately known as Dodomayana—died on Thursday morning, July 3, after a long illness. Peter Rufai was a former professional footballer who played as a goalkeeper. Over a 20-year senior career, he played professionally in Belgium, the Netherlands, Portugal, and Spain. He proudly represented…

Coach passes away during Bayern Munich training camp

An Afghanistan-born coach named Ashgar tragically died during a youth training camp organized by Bundesliga champions Bayern Munich in Riesa, Saxony, Germany. According to German media, Ashgar collapsed on the pitch of the Feralpi Arena during the lunch break on Monday. Despite immediate medical attention, he later passed away in hospital. The camp, which involved…

NNPCL reports ₦1.054 trillion profit for May 2025

The Nigerian National Petroleum Company Limited (NNPCL) has reported a profit after tax of ₦1.054 trillion for May 2025, marking a substantial 40.4% increase from the ₦748 billion recorded in April. This information is detailed in the company’s latest Monthly Report Summary for May 2025, published on Tuesday. The report also revealed that NNPCL generated…

Nyesom Wike: Politically Outdated Individuals Fail to Recognize Tinubu’s Achievements

Minister of the Federal Capital Territory (FCT), Nyesom Wike, has strongly rebuked critics who claim the Tinubu administration is failing, describing them as “politically expired” and blind to the government’s ongoing achievements. Speaking during the flag-off and commissioning of road projects in the Ushafa-Bwari area of Abuja, Wike targeted long-time political opponents who, despite shifting…

Former AGF Abubakar Malami Leaves APC to Join ADC

Abubakar Malami, former Attorney General of the Federation and Minister of Justice, officially resigned from the ruling All Progressives Congress (APC) and defected to the African Democratic Congress (ADC) on Tuesday, July 2, 2025. In a statement explaining his decision, Malami emphasized that his move was motivated by a deep love for Nigeria and concern…

Man Caught with Counterfeit $1,000 Bills in Gombe, Says Police

The Gombe State Police Command has arrested a 35-year-old man, Usman Kawu, for possession of counterfeit U.S. currency. According to a statement issued on Wednesday, June 2, 2025, by the Command’s spokesperson, DSP Buhari Abdullahi, the suspect was apprehended by officers from the Lawanti Airport Division during a routine surveillance operation. Kawu, a resident of…

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