The Central Bank of Nigeria (CBN) has directed banks unable to meet its new recapitalization policy to downgrade to local banking status to continue their operations. CBN Governor Mr. Yemi Cardoso issued this directive in Abuja during the launch of the 2024 Banking Sector Report, themed “Bank Recapitalization: Catalyst for a One Trillion-Dollar Economy.” The…
Federal Government, yesterday, said criminal actions will be initiated against elected officials that collude with governors to divert allocations meant for the 774 Local Government Areas in the country. The Federal Government, represented by the Attorney-General of the Federation and Minister of Justice, Prince Lateef Fagbemi,SAN, said the decision was in line with the judgment…
Written and Compiled by Jubril Amirat The Polytechnic Ile-Ife. Nature is a boundless source of beauty, inspiration, and sustenance. From the towering trees of the Amazon rainforest to the serene depths of the Pacific Ocean, nature offers landscapes and ecosystems that are awe-inspiring and vital to the planet’s health. Understanding the wonders of nature helps…
Three shipping containers of 3,000 cartons of pirated books with a conservative market value of over N300 million have been seized by the Nigerian Copyright Commission, NCC. The Director-General of the commission, Dr John Asein, revealed this in a press statement on Sunday in Abuja. He said the containers were intercepted at Onne Port, Rivers,…
By Damilola Adeleke The Presidential Amnesty Programme (PAP) says it has begun the Aviation Resuscitation Programme for Cadet Pilots and Aircraft Maintenance Engineers. A statement on Tuesday by Mr Freston Akpor, Senior Assistant on Media to the PAP Interim Administrator (IA), disclosed this on Tuesday. The statement said the training was part of efforts to…
Many Nigerian celebrities have mourned the passing of singer, Ilerioluwa Olademeji Aloba, popularly known as Mohbad The 27-year-old died on Tuesday evening Reacting to the demise, popular On Air Personality, Do2dtun shared the picture of their last moment together. He wrote: “Mohbad. This was just two days ago.” Singer Iyanya in a post on…
Doma United goalkeeper, Osayi Kingdom, has said Nigeria Premier Football League players can compete favorably with their foreign counterparts in the Super Eagles. Osayi stated that all they need is to be given a chance to showcase themselves in the team. The trio of Ojo Olorunleke, Sodiq Ismaila and Kenneth Igboke are currently in the…
The Israeli Defense Forces, IDF, on Monday said an Israeli drone was shot down over Lebanon on Sunday night. Writing on Telegram, the IDF said a surface-to-air missile was launched at the drone that was operating in Lebanese airspace, adding that the drone was hit and had landed in Lebanon. It added that fighter jets…
President Bola Tinubu has received the Indian Prime Minister, Narendra Modi, at the Aso Rock Presidential Villa, Abuja. The Indian Prime Minister, who arrived in Abuja on Saturday evening, was welcomed at the Forecourt of the Villa at about 10:20 am on Sunday. Upon his arrival, the Indian leader was greeted with the Indian national…
A banner displayed at the entrance of the Lekki Central Mosque in Lagos State has generated varied reactions on social media. The banner, which went viral on Wednesday, bore the inscription: “Jesus Christ is not God. He is a Prophet and Messenger of God!” The message has sparked a wave of reactions,…
At least five people have died, and numerous others have been hospitalized after eating a meal of beans served during a ‘love feast,’ locally known as ‘ipese,’ at a white garment church in Ibadan, Oyo State. The incident reportedly took place on Sunday, September 22, 2024, at a church located in the Apata area of…
The United Kingdom through its Home Office has announced the commencement of the implementation of its visa dependants ban which prohibits Nigerian students and other foreigners from bringing family members. The announcement was made via X by the UK’s Home Office on Monday reiterating that only foreign students in postgraduate research or government-sponsored scholarship could…
…45% of Kano Shariah Court Cases Linked to Domestic Violence KANO – The 16th Emir of Kano, Muhammadu Sanusi II, has reaffirmed his stance on domestic violence, declaring that he has instructed his daughters to retaliate if their husbands ever slap them. Sanusi made this statement on Monday at the National…
Abuja, Nigeria — The Federal Road Safety Corps (FRSC) has impounded at least 60 vehicles in the Federal Capital Territory as part of a nationwide enforcement campaign targeting number plate violations. Speaking to journalists in Abuja, Assistant Corps Marshal (ACM) in charge of Operations, Hyginus Omeje, stated that the crackdown aims to curb the use…
A 27-year-old woman, Khanyisile Vanessa Mndayi, is in a coma and fighting for her life after she was stabbed more than 20 times by her boyfriend in front of their children in South Africa. The incident happened on Sunday, 26 May 2024. It is alleged that the boyfriend stabbed Khanysisile multiple times in their home in…
Nigerian celebrity chef Hilda Bassey has reacted as an Irish chef based in Japan, Alan Fisher, broke two Guinness World Records for the longest cooking marathon by an individual. Alan Fisher, an Irish restaurant owner and chef based in Japan, on Monday broke two Guinness World Records relating to cooking marathons. Fisher cooked continuously for…
The Central Bank of Nigeria (CBN) has removed the restrictions on the importation of milk and dairy products. This decision was made after initially adding milk and dairy products to the list of items not eligible for foreign exchange (forex) on February 11, 2020. In a notice to customers, Zenith Bank confirmed that the CBN…
Edited and Compiled by Oladele Emmanuel Miracle ND24/mac/0065 The Polytechnic Ile-Ife, Osun State Bournemouth, England — Liverpool widened their lead in the Premier League title race, thanks to Mohamed Salah’s double in a commanding 2-0 win over Bournemouth on Saturday. Despite Bournemouth’s strong resistance, Arne Slot’s men secured a vital victory, extending their points…
NORTH, NIGERIA – Former Chief of Staff to the late Head of State, Sani Abacha, Major Hamza Al-Mustapha, has said that efforts to bring the North back on the path of progress “would hurt people.” This was as he disclosed that efforts are ongoing to unite and get the North back on track. …
The Bayelsa State chapter of the Peoples Democratic Party,PDP, has taken a swipe at the All Progressives Congress,APC, in the state for attacking former President Goodluck Jonathan over personal comments he made during a visit to Governor Douye Diri last Friday. The elders council of APC blasted former President Goodluck Jonathan, following his comment that…
Fulham will lock horns with Chelsea on Monday in the West London derby. For the first time in 40 years, Chelsea come into this unique encounter as the lower-ranked team from the previous season, having finished below Fulham last season for the first time since 1982-83, a season that’s significant in Blues’ history for being…
Chinedu Mmom, commissioner of education in Rivers state, has resigned from his position. Mmom, a loyalist of Nyesom Wike, minister of the federal capital territory (FCT), said his current workspace has become “toxic”. In a letter dated May 15 and addressed to Siminalayi Fubara, governor of the state, the commissioner said there is “loss of…
Operatives of the Akwa Ibom State Police Command on anti-riot duty intervened to rescue a suspected witch doctor from being lynched by an angry mob in the Itak communities of Ikono Local Government Area. The suspect, identified as Michael Edet Effa, was alleged to be behind a series of ritual killings in the area. Local…
Edited By Margret Oshinowo NERC announced an eight percent reduction on electricity tariff paid by customer in Band A from N225/kWh to N206.8/kWh on Monday. In a statement made by the commission in Abuja, It was said that the reduction was as a result of changes in macroeconomic indices in the month of April, especially…
An Israeli drone strike in eastern Lebanon has killed a commander in the Lebanese Islamist group al-Jamaa al-Islamiya (Assembly of Islam), an ally of Hamas. According to local media reports, Muhammad Hamid Jabara, from the town of Qaraoun, was killed at 6:30 local time (0330 GMT) Thursday by an Israeli drone attack that targeted his…
The Correspondents’ Chapel of the Nigeria Union of Journalists (NUJ) in Kano State has announced the immediate lifting of its ban on covering activities of the Kano State Government. Chairman of the Chapter, Aminu Ahmed Garko, explained in a statement that the 14-day boycott was initially implemented to protest the government’s treatment of journalists and…
The President of the Economic Community of West African States (ECOWAS), Mr Omar Touray, has said that the situation in the Republic of Niger is of concern to the bloc. Touray said this when he visited the ECOWAS Parliament to deliver the Community State Report for 2023 in Abuja on Friday. He said ECOWAS Heads…
The Nigerian Exchange Limited (NGX) experienced a bearish start to the week, with the All Share Index declining by 0.72 percent to settle at 97,881.75 points. This resulted in a market capitalization of N55.58 trillion at the end of trading on Monday. Despite this decline, the market’s year-to-date return stood at 31.87 percent. Investors traded…
Following the constant wave of terror attacks on Garam, a community in Tafa Local Government of Niger State, which shares a boundary with the nation’s capital, Abuja, residents of the area have now been displaced as they fled their homes, seeking refuge in urban centres of the Federal Capital Territory (FCT). Garam, which shares a…
Yemi Adeyemi, a veteran actor and Super Story Star, best known as Suara, has passed on.. According to a statement issued by his family on Monday, Sept. 25, he passed on on Sunday, September 24, 2023. “It is with a heavy heart but with total submission to God that we announce the passing of our…
Nigeria _ The construction of a second runway at Nnamdi Azikiwe International Airport in Abuja has ground to a halt due to a staggering cost escalation, ballooning from an initial ₦90 billion to a whopping ₦532 billion. Minister of Aviation and Aerospace Development, Festus Keyamo, revealed the shocking development during the ministry’s 2025 budget defense…
