Author: Platform Times Newspaper

The Economic and Financial Crimes Commission (EFCC) has unmasked 58 fraudulent investment schemes operating across Nigeria, warning the public about their illegal activities and financial dangers. In a statement issued on Tuesday by the EFCC’s Head of Media and Publicity, Dele Oyewale, the anti-graft agency disclosed that these companies were operating without valid registration from the Central Bank of Nigeria (CBN) or the Securities and Exchange Commission (SEC), making them illegal financial entities. According to the EFCC, many of these firms lure unsuspecting Nigerians with promises of high returns on investments, only to defraud them of their hard-earned money. The…

Ayomide Awe A  fashion brand, Egbaliganza, designed to project Egba creativty and craftsmanship on the global stage has announced plans to establish a $1 billion fashion industry in Yorubaland as part of efforts to promote African culture and celebrate the resilience of the Egba people. The initiative was unveiled at a press conference on Tuesday at the Erelu Yeye Oodua Renaissance Centre in Lagos, ahead of the 2025 Lisabi Festival. Speaking at the event, Chief Lai Labode, the founder of Egbaliganza, explained that the brand is not just about fashion but represents the best of Egba heritage worldwide. “The Egbas…

The House of Representatives has mandated the Nigerian Communications Commission (NCC) to enforce a nationwide block on all websites hosting obscene and pornographic content. The resolution, passed on Tuesday, came following a motion sponsored by Dalhatu Tafoki, a lawmaker representing Katsina State. Citing concerns over the detrimental impact of unrestricted access to pornographic materials, particularly among the youth, Tafoki stressed  the need for legislative action. He pointed to the proactive measures taken by several countries across Asia, Africa, and the Middle East to ban pornography, emphasizing the role of such laws in upholding cultural and moral standards. “Renowned psychologists and…

A chieftain of the Peoples Democratic Party (PDP), Chief Olabode George, has launched a blistering attack on the party’s former governorship candidate in Lagos State, Olajide Adediran, popularly known as Jandor, declaring that he is politically irrelevant. George, a former military governor of Ondo State, made the remarks on Tuesday during an exclusive interview on Frontline, a current affairs program on Eagle 102.5 FM. He warned that merely responding to Jandor’s claims would erase whatever political presence he still has in Lagos. “If I take him on, he won’t dare walk the streets of Lagos. I’m in my 80s, he…

Daud Olatunji A prominent lawyer and chartered accountant, Dr. Gbenga Adeoye, has advocated passionately for preserving the legacy encapsulated in the name “Tai Solarin After the adoption of Tai Solarin University of Education (TASUED) by the Federal Government. PLATFORM TIMES reports that the Federal Government adopted the state owned first University of Education in Nigeria. Dr.Adeoye stated this in a statement made available to PLATFORM TIMES on Tuesday . Reflecting on the university’s historical significance, Dr. Adeoye stressed the profound impact of former governor of Ogun State, Otunba Gbenga Daniel’s visionary leadership during his tenure as Governor of the State.…

The Vice-Chancellor of Tai Solarin University of Education (TASUED), Professor Oluwole Banjo, has described the Federal Government’s takeover of the institution as a transformative step that will open up new opportunities for the university, staff, and other stakeholders. The Registrar and Secretary to Council, Dapo Oke, state this in a statement issued and made available to PLATFORM TIMES on Monday. Oke said the transition, which takes effect from Friday, March 7, 2025, was approved by President Bola Ahmed Tinubu as part of a strategic commitment to enhancing teacher education and strengthening Nigeria’s higher education sector. The Registrar said the statement…

A chieftain of the All Progressives Congress (APC), Joe Igbokwe, has claimed that President Bola Ahmed Tinubu controls the Social Democratic Party (SDP), following the defection of former Kaduna State Governor, Nasir El-Rufai, from the ruling party. El-Rufai’s move to the SDP has intensified political debates ahead of the 2027 general election, with speculations about his presidential ambition. His defection reportedly stems from internal disputes and alleged unhealthy control within the APC. Reacting to the development, Igbokwe, in a series of posts on his official Facebook page, warned politicians eyeing the SDP platform for the next election to recognize Tinubu’s…

Daud Olatunji Nigeria’s worsening economic crisis has forced the closure of approximately 7.2 million businesses between 2023 and 2024, raising concerns over the country’s financial stability, a new report has revealed. PLATFORM TIMES reports that the report was released by the Nigerian Economic Research Group (NESG) during the launch of the 2025 Private Sector Outlook. The report highlighted that the country suffered an estimated N94 trillion economic loss due to multinational divestments and business shutdowns within the period. Speaking at the event, NESG’s Chief Economist and Director of Research, Dr. Segun Omisakin, attributed the mass closures to unfavourable economic conditions.…

The Nigerian Army has rescued 75 civilians from Boko Haram and ISWAP enclaves in Sambisa Forest, Borno State, dealing a significant blow to the terrorist groups’ operations. The hostages, including seven adult males, 34 women, and 34 children, were handed over to the Borno State government on Monday at the Maimalari Cantonment, Maiduguri, following a successful military offensive under Operation Desert Sanity IV. Theatre Commander of Operation Hadin Kai, Major General Waidi Shuaibu, represented by his deputy, Brigadier General Anthony Okpodu, told journalists that the troops had overrun key terrorist hideouts in Ukuba, Njimia, Sabil Huda, Garin Falluja, and Gobara.…

In a major crackdown on human trafficking, operatives of the Lagos State Police Command have rescued 27 foreigners who were deceived into entering Nigeria under the pretense of job opportunities, only to be confined in a hidden apartment for onward trafficking. The Rapid Response Squad (RRS) of the command, acting on intelligence, stormed a residential building in the Isheri Oshun area and freed the victims, consisting of 18 males and 9 females from Ghana and Benin Republic. Confirming the development at the Command Headquarters in Ikeja, police spokesperson CSP Benjamin Hundeyin, who represented the Commissioner of Police, CP Jimoh Moshood,…