17 Nigerian banks banned from forex market -CBN

In recognition of the persistent complaints that some Deposit Money Banks have deliberately frustrated efforts by many Small and Medium Enterprises to access forex from the new window created by the Central Bank of Nigeria, CBN, the apex Bank on Tuesday barred all but eight banks from dealing in the SME wholesale forex window. The financial regulator took […]

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Emir of Kano, Muhammadu Sanusi II releases his April salary payslip (Photo)

Emir of Kano, Muhammadu Sanusi II, has posted details of his salary for April 2017 on social media. Sanusi uploaded the information on Tuesday morning via his verified Instagram account. It came with the caption: “Pay slip… Since colonial times, the Emir of Kano is the highest paid public office holder in Nigeria. Period.” According […]

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Music star, Davido replies Chiamaka Okeke, the girl who wants to commit suicide over him (Video)

Davido replies Chiamaka Okeke, girl who wants to commit suicide over him HKN boss David “Davido” Adeleke has finally responded to a lady who went viral for persisting she that she will take her own life if the singer does not follow her on social media and attend her birthday next month. Looks like she […]

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I’m leaving Nigeria, and relocating to another Country –TB Joshua

In a bombshell announcement that shocked congregants and viewers of Emmanuel TV alike, Nigerian Prophet T.B. Joshua declared his intentions to leave Nigeria and relocate his ministry to the nation of Israel. Speaking to a rapt multi-national audience at his church service on Sunday 30th April 2017, Joshua disclosed that he had just returned from […]

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Plans to phase out Danfo buses in Lagos will create more jobs than losses —Ambode

The Lagos State Governor, Mr. Akinwunmi Ambode, on Monday allayed fears that the plans by his administration to phase out the yellow commercial buses, popularly known as Danfo, would lead to massive job losses, saying that it would instead create more jobs in the transportation sector. Ambode, who spoke at the May Day Rally held […]

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Nigerian govt to invite World Heavyweight Champion, Anthony Oluwafemi Joshua

Nigerian Government has congratulated British professional boxer of Nigerian descent Anthony Oluwafemi Joshua, who recently defeated Ukranian Wladimir Klitschko to become the unified world heavyweight boxing champion. In a statement issued in Lagos on Tuesday, the Minister of Information and Culture, Alhaji Lai Mohammed, said Nigeria is proud to be associated with the new unified world […]

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Buhari’s health taking toll on Nigeria -Bisi Akande

President Muhammadu Buhari’s poor health is proving costly for Nigeria as hawks within the administration are cashing in on the situation to drag the country into “avoidable doom,” a top chieftain of Buhari’s ruling party warned Monday. Bisi Akande, founding chairman of the ruling All Progressives Congress, said in a statement that he fears that […]

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More than 100 countries set for World Economic Forum on Africa

Delegates from more than 100 countries are expected to take part in the 2017 World Economic Forum (WEF) on Africa meeting taking place in Durban this week, South Africa. The host nation is fielding an 18-strong team of cabinet ministers at the meeting, which focus is on finding solutions to the challenge of inclusive growth. […]

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Folashade Okoya, MD of Eleganza celebrates 40th birthday at Eleganza Estate (Photos & video)

  Folashade, MD of Eleganza Industrial City and wife to billionaire business man Chief Rasak Okoya, celebrated her 40th birthday in style on Sunday night. Guests present included; Aliko Dangote, Oba Adedapo Tejuosho, Olori Wuraola Ogunwusi. Abike Dabiri, Nkiru Anumudu, Ruth Osime, Mudashiru Obasa, Jennifer Obayuwana, Dele Momodu, German Consul – Ingo Herbert, Omowunmi Akinnifesi, Enemaya Lawani. See […]

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Janet Jackson posts a countdown timer on her website with no explanation, fans are on the edge

There were rumours last week that Janet Jackson is getting ready to get back on stage after giving birth to her first child and separating from husband Wissam Al Mana. Now fans are on the edge of their seats waiting to find out what Janet has in store after she posted a countdown timer on […]

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VP Osinbajo taunts Dino Melaye over his recent song, “Ajekun iya ni oje” (Video)

While speaking at the Platform earlier on Monday, Vice President, Yemi Osinbajo took some time off to comment on Senator Dino Melaye’s one hit track, “Ajekun iya ni oje.” Osinbajo likened Dino as one of the comedians in Nigeria. Watch the video below: Credit: Channelstv, Adeola Fayehun, LIB

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Naira to appreciate further as CBN plans more injection into inter-bank market

There are strong indications that the Naira is set for a strong showing this week as the Central Bank of Nigeria (CBN) commences another round of forex injections into the invisibles segment of the market. Industry experts are of the view that the rate of forex liquidity being pumped into the system by the CBN […]

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Buhari promises workers of speedy passage of National Minimum wage

Nigerian Government on Monday in Abuja assured the Nigeria workers of speedy passage of the new National Minimum Wage. President Muhammadu Buhari gave the assurance in a message to workers on the occasion marking the 2017 May Day rally with the theme, ‘Labour Relations in Economic Recession: An Appraisal.’ He said: “I am happy to inform […]

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Falana, 12 other activists ask Buhari to proceed on sick leave immediately

Leaders of various human rights bodies in Nigeria on Monday evening called on President Muhammadu Buhari to take a medical leave to enable him attend to his health, immediately. The rights activists include Senior Advocate of Nigeria, Mr. Femi Falana; the Executive Director, SERAP, Adetokunbo Mumuni; Director, Centre for Democracy and Development, Professor Jibrin Ibrahim; […]

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