Naira value falling rapidly against the dollar again

The value of Nigeria’s naira has again weakened further against the United States dollar at both the official and parallel foreign exchange markets. So, officers of the Economic Financial Crimes Commission (EFCC), on Tuesday, expanded its clampdown on Bureau De Change operators, arresting traders in Abuja, Lagos, Kano and Port Harcourt. Activities of currency speculators […]

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Bank manager nabbed for allegedly stealing customers’ N650m in Nigeria

Osun State Police Command, said on Tuesday, that it had arrested a manager in one of the branches of a first-generation bank in Osogbo, Mr Adeniyi Talabi, for allegedly stealing the sum of N650m belonging to 35 customers of the bank. A statement by the Police Public Relations Officer (PPRO) of the command, Yemisi Opalola, […]

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Korra Obidi packs for vacation after allegedly receiving large donations in GoFundMe to defend case

Popular Nigerian dancer, singer and social media content creator, Anita Chukwumfumnaya Obidi, known as Korra Obidi, has packed her bags for vacation after allegedly receiving $50,000 donations from fans, reports say. Korra had pleaded for funds after her estranged husband took her to court over custody of their children. But, after receiving the donations, Korra […]

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Rivers gov, Fubara set to investigate Wike’s administration

Governor of Rivers State, Sir Siminalayi Fubara, signaled on Monday that he would investigate the administration of his predecessor and immediate past Governor of Rivers State, Nyesom Wike, as the faceoff between their camps worsened. Fubara went straight for the jugular, declaring plans to set up a judicial panel of inquiry to investigate the affairs […]

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Lagos Commissioner for Environment responds after a resident complained of neighbours moaning loudly at night

Lagos State Commissioner for Environment and Water Resources, Tokunbo Wahab, gave a light-hearted response after residents of a neighbourhood complained to him about couples moaning loudly and disturbing neighbours at midnights. An X user, @lollylarry1 had written: “It’s actually a wicked act for neighbours to be moaning loud at midnight, especially on Mondays. “I think […]

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The 2019 Tinubu Speech We Ignored is Biting Back, By Farooq A. Kperogi

At the 11th Bola Tinubu Colloquium on March 29, 2019, Bola Ahmed Tinubu, then only a powerful but unofficial pillar of the APC, gave us an ominous presage of his administration that we all either ignored or sniggered at but which is now eerily materializing. “If we reduce the purchasing power of the people, we […]

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Football star, Kylian Mbappé leaves Paris Saint-Germain (Video)

French superstar footballer, Kylian Mbappé has announced on X that he is leaving Paris Saint-Germain (PSG), and would be playing his final home game against Toulouse FC. “I never thought it would be this difficult to leave my country,” he said in a video posted on the platform, adding he will face a new challenge […]

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Meghan Markle, Dr. Ngozi Okonjo-Iweala host Women in Leadership discourse in Nigeria (Photos)

Prince Harry’s wife and the Duchess of Sussex, Meghan Markle joined the Director General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala to host a Women in Leadership discourse on Saturday evening, May 11. She arrived the venue without her husband. The event took place in Abuja, Nigeria, and was moderated by Nigerian media […]

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Unravelling the Scams that Plunged Nigeria Into Debt Trap, By Magnus Onyibe

The reality today is that Nigeria’s total debt, comprising both local and external stocks, is, according to Nigeria’s Debt Management Office (DMO), a whopping N107 trillion, which is humongous. The culprits for the ballooning of the debt are hugely the policy of subsidizing petrol pump prices and propping up the naira, origins of which date […]

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Tinubu orders CBN to suspend implementation of cybersecurity levy

President Bola Tinubu has asked the Central Bank of Nigeria (CBN) to suspend the implementation of the controversial cybersecurity levy policy and ordered a review of the law and policy necessitating it. This is coming after the decision of Nigeria’s House of Representatives, which, last Thursday, asked the CBN to withdraw its circular directing all […]

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Celebrities pose to showcase their beauties at the 2024 AMVCA (Photos)

The Africa Magic Viewer’s Choice Awards (AMVCA) 2024 holds on Saturday, May 11 at the Eko Hotels and Suites, Lagos State, Nigeria. The ceremony, which marks the 10th anniversary of the award, is an annual event organised by Multichoice to recognise outstanding achievements in television, film, entertainment and digital content creation throughout Nollywood and the […]

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Man who claims to be Ooni’s son and vows to reveal more secrets, apologises to the monarch

A claim by a male individual who said he is a biological son of the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, has been strongly refuted by the monarch himself. In a widely circulated video, the unidentified man had claimed that he and his mother have been kept hidden by the Ooni, and were instructed to […]

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Nigerian Senate okays death penalty for drug traffickers

Nigerian Senate has approved the death sentence as a penalty for drug traffickers in the country, as the 2024 NDLEA Act (Amendment) Bill passes through the third reading. According to Channels TV, the proposal was adopted on Thursday when the Senate dissolved into a committee of the whole for a clause-by-clause consideration of a report […]

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Ex-Minister Hadi Sirika arraigned for alleged N2.7 billion fraud, pleads not guilty, gets N100m bail

Former Nigerian Aviation Minister, Hadi Sirika, has pleaded not guilty to the N2.7 billion corruption charges levelled against him by the Federal Government. Sirika was on Thursday, May 9, arraigned before Justice Sylvanus Oriji at the Federal High Court in Abuja along with his daughter, Fatima, his son-in-law, Jalal Sule Hamma, and a firm – […]

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Duke and Duchess of Sussex, Prince Harry and Meghan arrive Nigeria on official visit (Photos)

King Charles of England’s second son, Prince Harry and his wife, Meghan Markle touched down in Nigeria on Friday, May 10, for their first official international tour since stepping back from their royal roles in 2020. The Duke and Duchess of Sussex were pictured arriving at the Nnamdi Azikiwe International Airport, in Abuja, Nigeria on […]

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