Globacom Chairman, Dr. Mike Adenuga Jr., has ascended to the position of Nigeria’s second-richest individual, boasting a net worth of $7.4 billion, as reported by Forbes in its latest valuation. Earlier in June 2023, Adenuga’s net worth had experienced a decline to $3.6 billion. This significant increase in wealth is attributed to Forbes’ recent reassessment of the valuation of his telecom giant, Globacom, which he founded and is currently the second-largest telecom service provider in Nigeria. Adenuga’s net worth had faced a downturn, falling from $6.3 billion in January last year to $3.6 billion in June 2023. Factors influencing this…
Author: Platform Times Newspaper
In the face of rising concerns over security challenges in Nigeria, particularly in Lagos State, retired Major-General Tajudeen Olanrewaju has offered insights and recommendations to address the pressing issue. The retired military officer emphasized that the focus should be on implementing strategic measures rather than the installation of street gates. In a comprehensive analysis, Major-General Olanrewaju highlighted the alarming security situations faced by Nigerians, including armed robbery, kidnapping, banditry, terrorism, and the activities of hoodlums, touts, and street urchins. He acknowledged that these challenges are often attributed to systemic failures and weak policing, particularly in urban areas like Lagos State.…
In a commendable display of commitment to justice, Kano State Governor Abba Kabir Yusuf has publicly praised President Bola Tinubu and Vice President Kashim Shettima for their steadfast refusal to succumb to pressure and interfere in the Supreme Court judgment that reinstated him as governor. Governor Yusuf, speaking at a press briefing at the Supreme Court premises in Abuja, acknowledged the resilience of the president and vice president against pressures from disgruntled elements who sought to compromise the integrity of the judicial process that affirmed his victory. The elated governor expressed his gratitude for their principled stand in upholding justice.…
A High Court in Zuba, Federal Capital Territory (FCT), has sentenced dismissed Inspector Haruna Ocheni to 30 years in prison for the killing of a 17-year-old boy. Ocheni faced charges of culpable homicide not punishable by death. In delivering the judgment, Justice Kezziah Ogbonnaya stated that the prosecution successfully proved the case beyond reasonable doubt, highlighting Ocheni’s lack of a legitimate reason to be in the deceased’s house. Emphasising Ocheni’s 29 years of service as an Inspector, the court underscored his obligation to be well-versed in the rules of his profession. Ocheni, who did not deny using the rifle, admitted…
Alhaji Nasiru Yusuf Gawuna, the Kano governorship candidate of the All Progressives Congress (APC), has gracefully accepted the Supreme Court’s judgment, extending his congratulations to Governor Abba Kabir Yusuf. In an interview with the BBC on Friday in Abuja, Gawuna expressed his acceptance of the fair ruling and urged Governor Abba Kabir Yusuf to serve the people of Kano with justice and integrity. Gawuna, maintaining a spirit of sportsmanship, addressed his supporters, stating, “I want to call on my supporters to understand that whatever happened was God’s plan. They should calm down and accept the verdict, and remember that this…
First City Monument Bank (FCMB) has taken legal action against a Lagos businessman, Prince Stanley Uduhirinwa, trading under the name Leesabel Ventures Nigeria, seeking to recover an outstanding debt of N254,201,001.41. The case has been filed before a Federal High Court in Lagos. In a joint statement of claim by FCMB and its attorney, Nick Omeye, it is alleged that Prince Stanley Uduhirinwa, a customer of the bank, had applied for various loans and entered into a legal mortgage with the bank The defendant was granted a stock finance facility of N45 million for 360 days by an offer letter…
The Lagos State Environmental Protection Agency (LASEPA) has called on enthusiasts of ‘ponmo’ (cow skin) in the state to consider reducing their consumption to maintain clean and healthy air quality. Babatunde Ajayi, the General Manager of the environmental agency, emphasized that the burning of cow skin releases harmful carbon emissions into the air, impacting human health. Ponmo is produced through an extensive process of burning cow skin, washing the roasted skin, and boiling it for several hours to achieve the desired texture. According to data from cleanairfunf.org, air pollution caused by traffic, biomass fuel burning, and shipping poses significant threats…
Ogun State Governor,Dapo Abiodun, urged Nigerians to remember and honor the selflessness and dedication exhibited by the Nigerian Armed Forces in defending the nation’s sovereignty and unity. Speaking at the special Jumat Service to commemorate the 2024 Armed Forces Remembrance Day at the Central Mosque, Kobiti, Abeokuta, the governor emphasized the importance of recognizing the sacrifices made by the armed forces. Represented by his deputy, Engr. Noimot Salako-Oyedele, Governor Abiodun reiterated Ogun State’s tradition of supporting and honouring the Armed Forces. He highlighted the critical role played by the armed forces in maintaining societal stability, stressing that a safe and…
Ayomide Shoboyejo In a significant move aimed at aligning with emerging trends and enhancing the preparation of graduates for national development, Prof. Idris M. Bugaje, the Executive Secretary of the National Board for Technical Education (NBTE), has officially announced the separation of Mass Communication and computer science programs into distinct categories. This development was disclosed through a press release in Kaduna on Monday, where Prof. Bugaje outlined the new specialised areas resulting from this restructuring: HND Strategic Communication and Media Studies HND Journalism and Media Studies HND Film and Multimedia Production HND Artificial Intelligence HND Networking and Cloud Computing HND…
A mother of newly-born triplets in Enugu, Mrs Joan Orajiobi, and her new babies have been unable to go home since she gave birth to the bundles of joy – two girls and a boy on New Year’s day over inability to pay the hospital delivery bill of N352,350. Orajiobi was discharged on January 8, but she and her babies are being held at Praise and Grace Hospital and Maternity, Enugu, where she was delivered of the triplets because of the inability of her husband to pay the N352,350 delivery bill. The mother of triplets, a native of Nnewi in…