CBN releases interest rate on Savings Accounts with Nigerian commercial and merchant banks

Latest data published by the Central Bank of Nigeria (CBN) shows that the Nigerian banking industry (NBI) pays its customers an average interest rate of 5.32% on savings in their bank accounts. The figures released on its website capture deposit rates across 31 commercial and merchant banks. Commercial Banks’ average interest rate on customers’ deposit […]

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Access Bank completes acquisition of National bank of Kenya

Access Bank Plc and KCB Group Plc have officially announced the completion of the sale of National Bank of Kenya Limited to Access Bank Plc, marking the conclusion of a transaction initiated in March 2024. The acquisition, according to Access Bank’s statement on Friday, followed the receipt of all necessary regulatory approvals, solidifying the bank’s […]

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INEC announces dates for Ekiti, Osun governorship elections

Nigeria’s Independent National Electoral Commission (INEC) has approved June 20, 2026 for the conduct of the Ekiti State governorship election, while August 8, 2026 has been fixed for the Osun election. INEC Chairman,  Prof. Mahmood Yakubu, disclosed this on Friday in Ahuja at the swearing-in of six resident electoral commissioners (RECs). He said in line […]

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Super Eagles goalkeeper’s father and mother to be buried on June 7

Nigeria’s Super Eagles goalkeeper, Stanley Nwabali, has announced the burial arrangements for his late parents, Chief Godspower Onyekamu Nwabali and Mrs. Grace Nwabali (née Mmai), describing the moment as one of unimaginable grief. Taking to his Instagram page on Friday, Nwabali, in a message shared alongside the burial poster, expressed the depth of his pain. […]

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Present hunger, hardship in Nigeria enough to deny Tinubu re-election ―Ozekhome

Mike Ozekhome SAN, has said that the rising cost of living, hunger and widespread public discontent under President Bola Tinubu’s administration could fuel a formidable opposition movement capable of unseating him in the 2027 general election. Speaking in response to reports of an emerging political alliance between former Vice President Atiku Abubakar and 2023 Labour […]

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Saudi Arabia deports Nigerian Islamic scholar, Sheikh Gumi

Saudi Arabian authorities have prevented prominent Nigerian Islamic scholar, Sheikh Ahmad Gumi from entering the country to perform this year’s Hajj pilgrimage. Sheikh Gumi, in a Facebook post on Monday, explained that although he was granted a Hajj visa, he was denied entry into Medina. He expressed gratitude to the Nigerian government for pledging to […]

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Suicide bomber killed in failed attempt on Abuja military barracks

Attempts by an unidentified person to carry improvised explosive devices, IED, into Mogadishu Barracks, Abuja, Federal Capital Territory and cause havoc, yesterday, failed as vigilant military police and intelligence personnel prevented the carrier from entering the facility. As a result, the IED exploded as the military personnel who were suspicious of the load the carrier […]

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French President Emmanuel Macron hit in the face by his wife (Video, photos)

A video of Emmanuel Macron, the President of France, getting shoved by his wife, Brigitte Macron, has emerged, shocking the international community. Macron has landed in Vietnam for the start of his Southeast Asia tour, but a squabble on the plane has taken attention away from his diplomatic mission. Shortly after the aeroplane doors were opened, […]

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Electing Pope isn’t ‘emilokan’ affair ―Kukah

Catholic Bishop of Sokoto Diocese, Rev. Matthew Hassan Kukah, has emphasised that the process of electing a Pope is guided by divine inspiration, not political entitlement or regional considerations. Answering questions on Channels Television’s Political Paradigm, shortly after returning from the inauguration of Pope Leo XIV in Rome, Bishop Kukah reflected on the significance of […]

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US District Court jails Nigerian man for $1m scam

37-year-old Nigerian, Henry Ezeonyido, has been sentenced by a United States District Court, to 27 months imprisonment for his role in a $1m insurance fraud. In a statement by the US Department of Justice (DoJ) on Thursday, Ezeonyido perpetrated the fraud between October 2019 and February 2022, according to Punch. Reports say, the statement noted […]

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Dangote refinery reduces petrol prices by N15 nationwide

Nigeria’s Dangote Petroleum Refinery has announced a fresh reduction in the pump price of Premium Motor Spirit (petrol) across the country, with new rates now ranging from N875 to N905 per litre, depending on location. The new price regime, which marks a N15 reduction per litre across all regions and partner retail outlets, was posted […]

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Lagos motorcyclist swept away by flood, body recovered in Ogun river

Lagos State Police Command has confirmed the death of a 60-year-old motorcycle operator, Wasiu Babatunde Adeniran, who was swept away by floodwaters during heavy rainfall along the Lagos-Abeokuta Expressway in Alakuko, Lagos. In a Thursday statement signed by the state Police Public Relations Officer (PPRO), Benjamin Hundeyin, the command revealed that the incident occurred on […]

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My rent is still $1,500 despite earning millions ―Actress Keke Palmer

American actress, singer, and TV personality, Lauren Keyana “Keke” Palmer, simply known as Keke Palmer, is opening up about her commitment to financial discipline, revealing that despite her success, she intentionally keeps her rent at just $1,500, even when she has a million dollars in the bank. Now in her 30s, Palmer, who began acting […]

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Nigerian man sets wife, children ablaze over alleged infidelity

International Federation of Women Lawyers (FIDA), Abia State branch, has condemned the recent alleged incident of domestic violence and child abuse in which a father set himself, his wife, and their one-year-old daughter ablaze in Onicha Ngwa community in Obingwa LGA of the state. The incident occurred between 1am and 2am on Saturday, when Mr. […]

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Adeola, missing daughter of actress Jumoke George returns from Mali

Adeola, the declared missing daughter of popular Nigerian star actress, Jumoke George, has returned to Nigeria from Mali after four years. Her return was disclosed by the chairperson, Nigerians in Diaspora Commission (NiDCOM), Abike Dabiri-Erewa, on Monday. According to Dabiri-Erewa, her commission received Adeola from Mali, where she was reportedly trafficked. She wrote, “Breaking! Adeola, […]

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Woman bites off lover’s manhood during sex dispute in Nigeria

Officers from the Rivers State Police Command have arrested a 43-year-old woman identified as Gift for allegedly biting off the tip of her lover’s penis during a domestic dispute in the Mile 3 area of Diobu, Port Harcourt. The incident, which occurred on Thursday, sent shockwaves through the densely populated Bishop Okoye Street when news […]

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