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ELON MUSK FACES CIVIL SECURITIES FRAUD SUIT OVER TWITTER PURCHASE AS HE EYES SPACEX IPO. (PHOTO).

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 Elon Musk faces civil securities fraud suit over Twitter purchase as he eyes SpaceX IPO  Since acquiring Twitter for roughly $44 billion in late 2022, Elon Musk has renamed the platform X, merged it with his artificial intelligence company xAI, and integrated both into his defense and space company, SpaceX. Musk’s next major move could be taking SpaceX public in what would likely be a record-setting IPO, but first, he is confronting legal challenges from his past. On Wednesday, Musk appeared in federal court in San Francisco to face allegations of civil securities fraud tied to his Twitter purchase. Investors filed a class action in October 2022, claiming Musk manipulated Twitter’s stock to pressure the board into selling at a lower price than initially promised. Musk’s legal team denies any intent to harm Twitter or its shareholders. During the hearing, Musk acknowledged that his tweets can affect stock prices, sometimes unpredictably, and described the market as “manic depr...

KANO APC UNITES AS STAKEHOLDERS AFFIRM NEW STATE EXECUTIVE. (PHOTOS).

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 Kano APC Unites as Stakeholders Affirm New State Executive The All Progressives Congress (APC) in Kano State has recorded a major milestone as key stakeholders across the state affirmed and endorsed the newly elected State Executive Committee of the party. This was contained in a statement signed by the governor’s spokesperson, Sunusi Bature Dawakin Tofa on Wednesday. Governor Abba Kabir Yusuf, Deputy Senate President, Senator Barau Jibrin, and the former National Chairman of the APC, Dr. Abdullahi Umar Ganduje, congratulated the new executives and described their emergence as a major step towards strengthening unity and stability within the party in Kano State. They commended party members for conducting a peaceful and successful congress, noting that the outcome reflects the collective will of APC supporters across the state. Prominent stakeholders, including Murtala Sule Garo, Tijjani Gwarzo, and Abba Kabir Bichi, alongside other party leaders, pledged their full support to the...

PRESIDENT TINUBU HOSTS FEC MEMBERS TO INTERFAITH BREAKING OF FAST. (PHOTO).

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 PRESIDENT TINUBU HOSTS FEC MEMBERS TO INTERFAITH BREAKING OF FAST                                       Despite the popularity of the APC leading to mass defections of state governors to the ruling party, members of the federal executive council and heads of agencies of government have been implored to intensify education of the public about the good intention of the current administration’s policies and programmes. Vice President Kashim who spoke on behalf of his principal, President Bola Tinubu, said this at an interfaith breaking of fast dinner for members of the Federal Executive Council and heads of federal agencies at the state house. The Vice President who traced the journey of the administration from inception acknowledged that about three years of reforms have resulted in a more stabilized economy for the nation. He appreciated president Tinubu for providing the needed lead...

PRESIDENT TINUBU CELEBRATES FORMER PRESIDENT OLUSEGUN OBASANJO AT 89TH BIRTHDAY. (PHOTO ).

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 PRESIDENT TINUBU CELEBRATES FORMER PRESIDENT OLUSEGUN OBASANJO AT 89TH BIRTHDAY  President Bola Tinubu celebrates  former president and elder statesman, Chief Olusegun Obasanjo who turns 89 March 5th, 2026. In a statement by  Bayo Onanuga  Special Adviser to the President,  Information & Strategy, President rejoices with Chief Obasanjo, whose towering influence in the country, Africa, and beyond is significant.  It adds, President Tinubu notes the courage and sacrifices of the elder statesman, who previously served the nation as military Head of State from 1976 to 1979, handing over power to a civilian president in 1979, and later as the first civilian president in the fourth republic, 1999-2007.  President Tinubu affirms the historic experiences of the former leader, including leading troops to preserve Nigeria’s unity at the warfront, serving time in prison for speaking out against tyranny, and consistently pursuing Africa's political and e...

PRESIDENT TINUBU RENEWS THE APPOINTMENT OF NIPSS DG, PROF AYO OMOTAYO. (PHOTO).

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 PRESIDENT TINUBU RENEWS THE APPOINTMENT OF NIPSS DG, PROF AYO OMOTAYO President Bola Tinubu has approved the renewal of the appointment of Professor Ayo Omotayo as the Director-General of the National Institute for Policy and Strategic Studies (NIPSS), Kuru. A statement by Bayo Onanuga Special Adviser to the President, Information and Strategy, indicates that the appointment is for a final term of four years. President Muhammadu Buhari initially appointed Omotayo in November 2021. The Senate confirmed the appointment in February 2022.  Omotayo is a Professor of Environmental Sustainability. He attended the University of Ibadan from 1980 to 1990, where he obtained a PhD in Geography.  He began his teaching career at the Lagos State University in 1985 and rose through the ranks to become a Senior Lecturer in 1992 at the age of 30.  He was the Dean of the Faculty of Social Sciences between 2012 and 2017 and the Director of the Centre for Planning at Lagos State Univers...

“‎STATE POLICE: LAGOS IS READY” – LNSA. (PHOTO). #PRESS RELEASE.

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 “‎STATE POLICE: LAGOS IS READY” – LNSA ‎ ‎The General Manager of the Lagos State Neighbourhood Safety Agency (LNSA), Prince Dr. Ifalade Oyekan, FISN, has declared that Lagos State is fully prepared for the establishment of State Police, affirming that the state’s existing security framework is well-positioned for the transition. ‎ ‎In a recent interview with journalists, Prince Oyekan noted that the Agency, widely regarded as a pioneer of community policing in Nigeria, is strategically structured to evolve into a state security apparatus once the legal framework for State Police is enacted.  He explained that the LNSA has undergone significant restructuring and re-engineering to align with modern safety and security demands, adopting a proactive, technology-backed and intelligence-driven model across the state. ‎ ‎“We are not designed to merely react to incidents,” he stated. “Our Corps Officers are trained to anticipate, prevent, and mitigate security threats before they occ...

LEAGUE OF CHIEF IMAMS CAUTION NIGERIANS AGAINST MEDDLING IN MIDDLE EAST CRISIS. (PHOTOS). #PRESS RELEASE

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 LEAGUE OF CHIEF IMAMS CAUTION NIGERIANS AGAINST MEDDLING IN MIDDLE EAST CRISIS •Warns against protest, allowing global events to trigger local unrest   Nigerians, especially Lagos residents, have been cautioned against any kind of protest, disaffection or act that can jeopardise peaceful coexistence in the country due to the ongoing crisis in the Middle East. They were also warned against meddling in the ongoing war between Iran, Israel and the United States.   The League of Chief Imams made the appeal while speaking at the 2026 Ramadan Tafsir/Iftar programme, held at the Lagos House, Ikeja, on Tuesday night.   The position of the Chief Imams was a reaction to the protest staged in some parts of the country, particularly by members of the South-West chapter of the Islamic Movement of Nigeria on Monday in Lagos over the killing of Iran’s Supreme Leader, Ali Khamenei, during recent United States-Israeli strikes on Iran.   Reacting to the development, the League o...