Author: Platform Times Newspaper

The Nigeria Deposit Insurance Corporation (NDIC) has emphasized the need for early financial education among Nigerian youths, stressing that equipping them with financial knowledge will enable them to make informed decisions and secure their financial future. Speaking at the Financial Literacy Day 2025 outreach at Government Secondary School, Kuchingoro, Abuja, NDIC officials highlighted the importance of instilling financial discipline in young people as part of activities marking the Global Money Week. The Senior Manager of the Insurance and Surveillance Department at NDIC, Madina Mustapha, underscored the corporation’s commitment to safeguarding depositors’ funds and ensuring financial stability in the country. “The…

President Bola Tinubu has condemned the brutal killing of 16 hunters of northern extraction by a mob in Uromi, Esan North-East Local Government Area of Edo State, vowing that the perpetrators would face justice. The victims, who were travelling in a truck from Elele, Rivers State, to Kano, were reportedly intercepted on Thursday by a local vigilante group on the Uromi/Obajana expressway. Some of the travellers were allegedly found in possession of locally made dane guns, sparking suspicion among the vigilantes. Eyewitnesses said the vigilante members raised an alarm, accusing the travellers of being kidnappers. This led to a violent…

Zenith Bank, Guaranty Trust Holding Company (GTCO), and United Bank for Africa (UBA) have collectively incurred a windfall tax liability of N172.3 billion, following the implementation of the amended Finance Act. A windfall tax is an additional levy imposed by the government on businesses that have gained from favorable market conditions. The Finance Act (Effective Date Variation) Order, 2023, signed by President Bola Tinubu, initially proposed a 50 percent windfall tax on banks’ foreign exchange (FX) gains. However, the National Assembly later increased it to 70 percent, with the amended Act taking effect on July 23, 2023. According to the…

At least five people have reportedly been killed as members of the Islamic Movement in Nigeria (IMN), also known as Shiites, clashed with security operatives during a protest in Abuja on Friday. The demonstration, which took place at Banex Junction in Wuse 2, was organized to demand freedom for Palestine. Protesters were seen waving Palestinian flags and chanting slogans, including “Freedom for Palestine.” Tensions escalated when some protesters allegedly began throwing stones at security personnel. In response, the security operatives fired shots to disperse the gathering. The exact number of casualties remains unverified, but sources claim multiple injuries and fatalities.…

The Nigerian Human Rights Community (NHRC) has petitioned the National Assembly to investigate alleged medical negligence at the University College Hospital (UCH), Ibadan, which it claims has led to preventable deaths. In a statement on Friday, NHRC representative Olubodun Alao cited the case of Lydia Adedipe, a patient who died of ovarian cancer on Wednesday. The group alleged that Adedipe was subjected to substandard medical care, cultural and financial exploitation, and was kept in unsanitary conditions despite paying millions of naira for treatment. “Her death could have been avoided if the right thing was done,” NHRC stated, accusing hospital staff…

The Economic and Financial Crimes Commission (EFCC) has debunked allegations linking former Vice-President Atiku Abubakar and Lagos State Governor, Babajide Sanwo-Olu, to an ongoing money laundering investigation involving Aisha Achimugu, the Managing Director and Chief Executive Officer of Felak Concept Group. The anti-graft agency, in a statement issued late Friday by its spokesperson, Dele Oyewale, clarified that its probe into Achimugu had no ties to Atiku or Sanwo-Olu, dismissing claims suggesting otherwise. “We wish to state unequivocally that the investigations of Achimugu have no correlation of any kind with the two political actors,” the statement read. According to the EFCC,…

A fresh political rift has erupted between the Minister of the Federal Capital Territory, Nyesom Wike, and Bayelsa State Governor, Douye Diri, over a planned mega rally in the state by Wike’s supporters. Governor Diri, on Thursday, ordered security agencies to prevent the event, citing security concerns. He also warned youths, elders, and traditional rulers to be on high alert and directed that no public venue should be used for any gathering without government approval. The rally, which was to be held at Tombia Roundabout, was allegedly being organized by a suspended Peoples Democratic Party (PDP) member, George Turner. Diri…

The Association of Nigeria Broadcasters (ANBROAD), Ogun State Chapter, has pledged to strengthen collaboration with the Ogun State Police Command on security and information management. The association’s leadership, led by its governor, Comrade Gbenga Goke-Fadiran, alongside the National Vice President 1, Comrade Akinyemi Titus Olatoye (Alawiye Federation), and other state executives, paid a courtesy visit to the Commissioner of Police, Lanre Ogunlowo, to discuss ways of enhancing security reportage and public awareness. During the visit, the group commended the police chief for his efforts in tackling criminal hideouts and improving the security of lives and properties across the state. ANBROAD…

The Ogun Muslim Community Society on Thursday organized a spiritually uplifting Ramadan lecture and prayer session in honour of Senator Solomon Adeola Olamilekan Yayi, who represents Ogun West under the All Progressives Congress (APC). The event, held at the Green Gold Event Hall in Akute, Ogun State, brought together Muslim faithful to observe the Holy Month of Ramadan with prayers, reflections, and acts of charity. Delivering the keynote sermon, the Grand Chief Imam of Akute, Alhaji Mohammed Baruwa, emphasized the significance of piety and communal love, urging Muslims to embrace kindness and generosity. Imam Baruwa stressed the need for Nigerians…

The House of Representatives has reversed its decision on a proposed bill seeking to amend the 1999 Constitution to strip the Vice President, governors, and their deputies of immunity while qualifying the President’s immunity. Deputy Speaker Benjamin Kalu, who presided over plenary on Thursday, announced the House’s decision to rescind its earlier passage of the bill, citing the need for further debate and scrutiny of the amendment. The proposed legislation, titled “A Bill for an Act to Alter the Constitution of the Federal Republic of Nigeria, 1999, to Qualify the Immunity Conferred on the President, Remove the Immunity Conferred on…