Author: Platform Times Newspaper

The United Bank for Africa (UBA) achieved a significant milestone as it crossed the N1 trillion mark in market capitalization at the close of trading on the Nigerian Exchange Limited (NGX) on Monday. UBA’s market cap soared to N1.022 trillion from N990 billion on Friday, marking a substantial N32 billion gain in a single day.  This achievement solidifies UBA’s position as the third most-capitalized bank in Nigeria, trailing behind Zenith Bank and Guaranty Trust Holding Company Plc. Notably, the financial institution’s shares were recognized as the highest-performing stock in the banking sector throughout 2023, emphasizing the bank’s robust growth trajectory.…

In a recent revelation following BBC Africa’s investigative report, a former disciple of TB Joshua has stepped forward, shedding light on disturbing allegations of sexual misconduct within the Synagogue Church of All Nations (SCOAN).  The ex-disciple has disclosed that she was assigned the task of procuring virgins for the prominent religious leader’s alleged pleasure. In a newly released video by BBC Africa, the woman shared that she initially believed these young women would undergo training as disciples in the house of God.  However, to her dismay, she uncovered a darker side, recounting how TB Joshua allegedly exploited them during evening…

The Labour Party has  called for  a comprehensive investigation into the alleged N585m  scandal involving the minister of Humanitarian and Poverty Alleviation  urging the inclusion of all directors and Permanent Secretaries possibly involved in the alleged racketeering in the ministry. The party’s National Publicity Secretary, Abayomi Arabambi stated this in a statement  on Monday. Arabambi commended President Bola Tinubu for taking swift action in suspending Mrs Beta Edu, the Minister of Humanitarian and Poverty Alleviation.  Highlighting that Mrs Beta Edu was not the sole signatory involved, the Labour Party called on the Economic and Financial Crimes Commission (EFCC) to conduct…

Daud Olatunji President Bola Tinubu has suspended the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, with immediate effect. President Tinubu, has directed the Economic and Financial Crimes Commission (EFCC) to conduct a comprehensive investigation into the financial transactions of the Federal Ministry of Humanitarian Affairs and Poverty Alleviation, as well as its affiliated agencies. Special Adviser to the President (Media & Publicity),Chief Ajuri Ngelale disclosed this in a statement on Monday. Ngelale said the  suspended Minister is mandated to hand over responsibilities to the Permanent Secretary of the Federal Ministry of Humanitarian Affairs and Poverty Alleviation and…

Daud Olatunji In a pivotal week for the Nigerian legal landscape, the Supreme Court is poised to hear  21 appeals related to disputes arising from the last governorship election.  The fate of notable figures, including Abiodun and Adebutu, hangs in the balance as the apex court schedules hearings from Monday to Thursday for cases spanning Ebonyi, Plateau, Delta, Adamawa, Abia, Ogun, Cross River, and Akwa Ibom states. As the legal proceedings unfold, stakeholders anxiously await the court’s decision, especially concerning post-election governorship appeals on Kano, Lagos, and other states, which may be rendered on Friday. The Supreme Court’s schedule, disclosed…

Daud Olatunji Recent increases in tuition fees across state-owned tertiary institutions have sparked a concerning trend among female students in Ogun and other regions.  As PLATFORM TIMES investigates, a looming wave of dropouts is evident, with some resorting to unconventional means to secure funds for their education. The investigation reveals a grim reality as economic pressures, aggravated by the recent fee hikes, force many female students to consider alternative paths.  Some have already abandoned their education, while others are contemplating morally dubious avenues to finance their studies. PLATFORM TIMES sheds light on the coping mechanisms adopted by students, including frequenting…

In a recent development, details have surfaced surrounding the arrest of popular Abia-based on-air personality Mr Chigozie Anumudu, widely known as MC Manosky, who stands accused of defiling a 15-year-old boy. The 37-year-old radio presenter was apprehended by officers from the Abia State Police Command on December 31, 2023.  The arrest followed a formal complaint lodged at the Eastern Ngwa Police station by the victim’s father, whose identity remains confidential. The victim, providing a vivid account of the incident, claimed that MC Manosky lured him to a location near Addrexx Hotel in Aba, offering him bread, which he refused.  In…

A three-part documentary by the British Broadcasting Corporation, BBC has exposed the covert lifestyle and instances of abuse, harassment, rape, manipulation, and staged miracles by late Pastor Temitope Balogun Joshua, widely known as TB, Joshua, the founder of Synagogue Church of All Nations (SCOAN). BBC said it interviewed at least 30 former members and workers of the Synagogue Church of All Nations (SCOAN) for the documentary. The first segment documentary is slated for release on January 8. As unearthed in the documentary, the sexual exploitation by TB Joshua who passed away on June 5, 2021, of members of his congregation…

Human Rights Lawyer Femi Falana has called on the Minister of Humanitarian Affairs and Disaster Management, Betta Edu, to refrain from insulting Nigerians amid allegations of a N585 million scandal.  The controversy surrounds a leaked memo instructing the transfer of funds to a private account, prompting heavy criticism of the embattled minister. In the leaked memo dated December 20, 2023, Minister Betta Edu directed the Accountant-General of the Federation to transfer N585 million to an account owned by Oniyelu Bridget, purportedly serving as the Project Accountant for Grants for Vulnerable Groups.  The Federal Ministry of Humanitarian Affairs and Poverty Alleviation…

In a decisive move, the Federal Government, via the Federal Ministry of Education, suspended the evaluation and accreditation of degree certificates from the Republic of Benin and Togo last Tuesday.  This decision was prompted by an undercover investigation conducted by a Nigerian newspaper, revealing the existence of a degree mill in Cotonou, Benin Republic. The investigative reporter’s exposé detailed how a degree from Cotonou University was obtained within six weeks, along with participation in the National Youth Service Corps’ mandatory one-year scheme. In response to this alarming revelation, the National Universities Commission (NUC), Nigeria’s regulatory agency for universities, has reaffirmed…