News
Paternity Scandal: FCMB MD Goes On Leave as Probe Begins
Mr Adam Nuru, Managing Director, First City Monument Bank has proceeded on leave as the bank begins investigation into his alleged adultery saga.
Adam Nuru, reportedly fathered the two children of a married woman, working with him at FCMB.
The woman, Moyo Thomas, nee Ojo, confessed her extra-marital affairs to her husband Tunde Thomas, after she escaped to the U.S, where she is now seeking asylum.
The shattered husband, who all along believed that the two kids of the marriage belonged to him, died of depression and heart attack on 16 December, some days before introducing another woman to his family.
A group that has sprung up, Justice for Tunde Thomas, is spearheading the campaign to get Nuru dismissed.
It has also given FCMB two weeks to sack Nuru, on ethical grounds, for being mired in marriage and paternity scandals.
However, FCMB, in a statement on Tuesday said the bank was aware of several stories circulating across several media platforms about Nuru; a former employee, Mrs Moyo Thomas, and her deceased husband, Mr Tunde Thomas.
The statement said while this is a personal matter, the tragedy of the death of Mr Tunde Thomas and the allegations of unethical conduct required the bank’s board to conduct a review of what transpired, any violations of its code of ethics and the adequacy of this code of ethics.
“This is already under way. During the period of the review, the managing director has volunteered to proceed on leave. This will guarantee the sanctity of the review process,” the statement said.
The bank enjoined all its stakeholders to bear with it as it conduct this review and to please respect the various families involved.

News
FG Vows to End Frequent Power Grid Collapses
The Minister of Power, Adebayo Adelabu, has assured Nigerians that the Federal Government is intensifying efforts to put a stop to the recurring national grid collapses and improve overall stability in the country’s power sector.
Speaking in Uyo, Akwa Ibom State, on Friday during the maiden retreat of the Nigerian Independent System Operator (NISO) themed “NISO on the Move,” Adelabu—represented by the Permanent Secretary of the Ministry, Alhaji Muhammadu Mamman—said President Bola Tinubu’s administration has been implementing fresh strategies from day one to stabilise the grid and curb nationwide power outages.
According to him, the establishment of NISO is one of the key reforms introduced by the Federal Government to transform operations within the power sector and drive reliable electricity supply.
Nigeria has long grappled with repeated grid collapses, largely attributed to ageing infrastructure, inadequate funding, poor maintenance, and vandalism. These disruptions have resulted in widespread blackouts, affecting businesses, slowing economic activity, and forcing households to depend heavily on generators and other costly alternatives.
Adelabu noted that the current administration is committed to reversing these trends. “Since the commencement of this administration, things have been done differently. The creation of the Nigerian Independent System Operator is a clear indication of government’s renewed approach to achieving grid stability, reducing power outages, and ensuring every Nigerian has access to electricity,” he said.

Foreign
China Reaffirms Commitment to Supporting Nigeria’s Fight Against Terrorism
China has restated its readiness to continue supporting Nigeria in the ongoing fight against terrorism and efforts to maintain national stability.
Chinese Ambassador to Nigeria, Yu Dunhai, gave the assurance after a meeting with the National Security Adviser, Nuhu Ribadu, on Thursday.
In a statement shared via X, the ambassador said China “firmly supports” the Nigerian government’s development strategies that align with the country’s realities and long-term goals.
Dunhai also emphasized that China remains opposed to any external interference in Nigeria’s internal affairs “under the pretext of religion and human rights.”
The meeting further strengthened diplomatic ties between both nations, with discussions centered on security collaboration and sustainable development.

Foreign
Tanzania Erupts in Protests Over Controversial Election as President Samia Faces Mounting Pressure
Tanzania has been plunged into chaos as citizens flood the streets to protest alleged irregularities in the country’s presidential election.
The unrest, which erupted shortly after the announcement of preliminary results, has spread rapidly across major cities. In Dar es Salaam — the nation’s commercial hub with a population exceeding seven million — the situation escalated as angry demonstrators set government offices and several public buildings on fire.
The tension comes amid heightened political scrutiny of President Samia Suluhu Hassan, who became Tanzania’s first female president following the death of her predecessor, John Magufuli, in 2021. Many opposition supporters allege that the current election was manipulated to keep her in power, raising concerns about transparency and fairness in the democratic process.
In response to the violence, the police have imposed an overnight curfew in Dar es Salaam to restore order and prevent further destruction. Security forces have also been deployed across key areas of the city to contain the growing tension.
Authorities have urged citizens to remain calm while investigations into the alleged electoral misconduct continue. However, opposition figures and civil society groups are demanding accountability, insisting that the people’s mandate must be respected.
As the crisis deepens, many fear the situation could spiral into nationwide unrest if dialogue and swift action are not taken.



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