CBN auctions N161.5trn worth of Treasury Bills

The Central Bank of Nigeria, CBN, commenced a Treasury Bills, T-Bills Primary Market Auction, PMA, on Wednesday. This is according to CBN’s latest T-BIlls schedule. At the PMA, existing T-Bills totalling N161.50 billion (N730 million, N920 million and N159.85 billion across the 91-day, 182-day, and 364-day instruments, respectively) will mature and be rolled over. “In…

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26-year-old Nigerian without engineering certification invented water-powered generator

A 26-year-old Nigerian man, Emeka Nelson, built a generator that operates mainly on water. Nelson invented the water-powered generator despite lacking formal education or engineering certification. The inventor said the generator has a maximum capacity of 1000 Watts and a voltage ranging between 220 and 240. It also has the potential to challenge conventional power-generating…

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House of Representatives Urges CBN to Prevent Banks from Withholding Customers’ Reversed Funds

Edited by Afolabi Hannah The House of Representatives has instructed the Central Bank of Nigeria to prevent commercial banks in the country from holding onto customers’ reversed funds beyond the specified timeline outlined by the apex bank. This decision was made following the adoption of a motion titled “Need to restrain commercial banks from holding…

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BREAKING: House of Representatives Demands Inquiry into JTF and Air Force Response in Benue Attack

Lawmakers intensify pressure for a thorough investigation into the Nigerian Air Force Base in Markudi and the joint military security task force in Benue State following their alleged failure to promptly respond to distress calls during a devastating attack in Gwer West Local Government Area on March 7, resulting in the tragic loss of over…

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Man Utd Mount returns to training months after injury

Manchester United’s midfielder, Mason Mount, resurfaced in training on Tuesday, marking his comeback after a four-month hiatus due to a calf injury. Since his substantial £60 million ($76 million) transfer from Chelsea at the season’s onset, Mount has seen limited action, tallying only 12 appearances across various competitions. The midfielder’s last on-field involvement was as…

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Portable Celebrates 30th Birthday In Grand Style

Controversial Nigerian singer Habeeb Okikiola, popularly known as Portable, celebrated his 30th birthday with a splendid photoshoot, showcasing an African-inspired outfit. The controversial musician, known for his unique style and music, donned a striking green agbada for the occasion. The birthday photoshoot captured Portable exuding gratitude and joy as he celebrated the gift of life…

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Abiodun Promises To Back Young Farmers, Investors

Edited by Afolabi Hannah Governor Dapo Abiodun of Ogun State has affirmed his administration’s determination to assist young farmers and investors by providing support for land clearing, preparation, and agricultural mechanization. The primary goals are to ensure food security and reduce unemployment in the state. During the 37th Lisabi Day celebration in Abeokuta, the Governor,…

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Bobrisky Shocks Followers with Bold Announcement of Gender Transition

Controversial Nigerian crossdresser, Idris Okuneye, widely known as Bobrisky, has declared the acquisition of female genitals, revealing the removal of his male organs prior to breast development surgery. Insisting on being addressed as a woman, Bobrisky emphatically asserts his complete transition to being transgender. In a recent Instagram post, he discloses, “Let me officially break…

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BREAKING NEWS: University Professor Validates ‘Zobo’ as Hypertension Treatment

In a groundbreaking announcement, Professor Daniel Nwachukwu, Deputy Vice Chancellor of the University of Nigeria Enugu Campus, has confirmed the medicinal effectiveness of Hibiscus Sabdariffa, commonly known as ‘zobo,’ in treating hypertension. Renowned for his expertise in Cardiovascular Physiology, Professor Nwachukwu conducted extensive research and clinical trials involving both animal and human subjects to substantiate…

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BREAKING: Nigeria Clinches First Medal in Wrestling Showdown at African Games

In a gripping Greco-Roman spectacle at the ongoing African Games in Accra, Ghana, Nworie Emmanuel of Nigeria emerged victorious on Saturday, securing a coveted bronze medal in the fiercely contested 77kg category. Executing a flawless performance, Nworie dominated his South African opponent, Hattingh Johannes, with an impressive 11-0 score, following what proved to be a…

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Minister Vows Swift Resolution of Atala Oil Field Ownership Dispute

In a pivotal meeting held in Abuja, Senator Heineken Lokpobiri, Minister of State Petroleum Resources (Oil), affirmed the Federal Government’s dedication to resolving the ownership discord surrounding the Atala Oil Field, a key asset of Bayelsa State. The commitment was voiced during a courtesy visit by a delegation from Bayelsa State Government, led by Governor…

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