Edited by Afolabi Hannah The Bank of Ghana has taken a significant step by suspending the Foreign Exchange Trading Licences of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana Limited (FBN) for a month, effective from 18th March 2024. This action follows reported breaches of foreign exchange market regulations, including instances of fraudulent documentation…
In the ongoing transfer saga, Manchester United and Paris Saint-Germain have surged ahead as the primary contenders vying for the prized signature of Victor Osimhen, as per exclusive reports from The Independent. The high-profile Nigerian international has not only drawn interest from the likes of Chelsea and Arsenal but has now become the focal point…
Akwa Ibom State governor, Umo Eno, has expressed concern over the prevailing hunger and starvation occasioned by the current food crisis in the state. He assured the people of the state government’s intervention in their plight and launched the Food Subsidy Initiative (SFI) for the “very poor”. To cushion the effects of food crisis, especially…
The National Emergency Management Agency, NEMA, has requested military support to avert any security breach at its facilities in Kaduna. NEMA North West Zonal Coordinator, Mr Imam Garki, made this appeal during a visit to the Commanding Officer of 2 Battalion Nigerian Army, on Tuesday in Kaduna. He said the visit was to boost security…
Binance will discontinue all services for Nigeria’s fiat currency, the naira, amid an ongoing regulatory conflict in the country. The crypto exchange will automatically convert naira balances to USDT from March 8 at 8:00 a.m. UTC but will cease support for NGN deposits after 14:00 UTC today. Withdrawals will become unsupported after March 8 at…
The Special Adviser to Governor Babajide Sanwo-Olu of Lagos State on Housing, Barrister Barakat Odunuga-Bakare, has attributed the rising inflation in the country and the population as major factors affecting the delivery of massive housing schemes to residents in the state’s government’s drive to bridge the deficit. Odunuga-Bakare, however, revealed that the agency has received…
In a compelling address at a youth leadership symposium on Monday, former President Olusegun Obasanjo implored the current Nigerian administration led by Tinubu to consider seeking advice from Zimbabwe to tackle the unprecedented inflation crisis gripping the nation. Drawing parallels with Zimbabwe’s recent triumph over a similar economic challenge, the former military leader emphasized the…
By Damilola Adeleke First of all, Writing well is more than just putting words together; it also involves engaging your audience, communicating effectively, and making an impression that will stick. Writing is a craft that can lead to a world of opportunities, whether you write non-fiction, fiction, or content for the internet. The following are…
The Western Marine Command (WMC) of the Nigeria Customs Service (NCS), on Monday, handed over 120 sacks of Cannabis Sativa also known as Marijuana worth N704.5million to the National Drug Law Enforcement Agency (NDLEA). The Customs Area Controller, WMC, Comptroller Salefu Odaudu, revealed that the 120 sacks contained 10,551 loaves of cannabis sativa with a…
The Nasarawa State government as parts of measures to cushion the economic hardship being experienced by Nigerians has approved the sum of N1billion for payment as gratuity to over 1,000 retired civil servants owed since 1999 in the state. State Governor, Abdullahi Sule announced this during an unscheduled assessment visit to the State Bureau for…
The FCT Minister of State, Dr Mariya Mahmoud, says the FCT Administration will establish a police post in all its warehouses to prevent miscreants from invading and looting their contents. Mahmoud stated this in Abuja on Monday, after an assessment visit to the warehouse located at Gwagwa-Tasha, which was looted by residents on Sunday, to…
An aid mission to two hospitals in northern Gaza found horrifying scenes of children dying of starvation, amid dire shortages of food, fuel and medicines, the World Health Organization said Monday. WHO chief Tedros Adhanom Ghebreyesus said the agency’s visits over the weekend to the Al-Awda and Kamal Adwan hospitals “were the first since early…
Nollywood luminary, Timini Egbuson, fires back at fellow actor Zubby Michael, refuting claims that Zubby could purchase him. Following Zubby’s declaration of being the ‘biggest actor’ in Africa on the inaugural episode of ‘Ebuka Turns Up Africa,’ Timini swiftly challenges Zubby’s assertion, asserting his own prominence. In response to Zubby’s subsequent proclamation of financial capability…
In a momentous event at the Qatar Presidential Palace, President Bola Ahmed Tinubu and the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, presided over the signing of groundbreaking agreements, marking a significant stride in the bilateral ties between the two nations. The comprehensive agreements span various key areas, including education, enterprise development, investment…
The Federal Capital Territory’s Minister, Nyesom Wike, asserted on Monday that his persistent on-site inspections of ongoing projects are a strategic measure to maintain contractors’ accountability. Wike, who conducted an impromptu assessment of road projects in Guzape and the extensive development of the arterial road ‘N20’ in Jahi District, emphasized the significance of his unannounced…
Nollywood performer Damilola Ogunsi has addressed a recent misidentification incident where a viewer, identified as Ohjay1, mistook him for a white individual in the series ‘Anikulapo: Rise of the Spectre.’ In the clip shared by Ohjay1, from a scene featuring the protagonist Saro (portrayed by Kunle Remi) encountering an angel (portrayed by Damilola Ogunsi), the…
In a pivotal move addressing the prevailing hardships, Senator Abubakar Kyari, Minister of Agriculture and Food Security, has announced the imminent rollout of a comprehensive grain distribution initiative. President Bola Tinubu has greenlit the allocation of 42,000 metric tons of grains to be disseminated across all 36 states. Minister Kyari, in a statement on his…
Theatre practitioners stormed Iwo, Osun State on Saturday to pay last respect to one of their members, Qodri Oyebamiji, popularly known as Sisi Quadri. Qodri died on Friday and his body arrived at his residence in Iwo on Saturday morning for final burial rites. Mourners, including indigenes and residents of Iwo, stormed the Agbowo area…
Italian agent, Oscar Damiani has picked Napoli’s Victor Osimhen as a better striker than Juventus forward Dusan Vlahovic. Osimhen and Vlahovic are often named among the best strikers in the world. Both attackers currently play in the Italian Serie A. Vlahovic has scored 15 goals in the Serie A so far this season while Osimhen…
The Bayero University, Kano, awarded degrees to 11,284 students in 18 faculties during the institution’s 38th convocation ceremony on Saturday. One hundred and eighty students graduated with First Class honours. The institution also conferred higher degrees and post graduate diplomas on 5,432 graduands who have successfully completed their studies. Also, the Deputy Senate President, Jibril…
Alexer Peres Harry, the estranged wife of singer, Harrysong, has warned that he would be held responsible if anything should happen to their children. She explained that following their separation, they agreed on co-parenting but after a month, the singer refused to take responsibility. Alexer accused the singer of being a deadbeat dad. She claimed…
Jasmine Okekeagwu, a content creator and adopted daughter of the famous comic actor, Mr Ibu, has narrated how she found out that her estranged husband was 51 years old. Jasmine announced divorce from her UK-based husband in November 2022, explaining that he had lied to her about his previous marriage and kids. Speaking during her…
Nollywood luminary Tolani Quadri Oyebamiji, affectionately recognized as Sisi Quadri, has met an untimely demise at the age of 44. The disheartening news surfaced through revelations made by fellow luminaries within the Yoruba film fraternity, shedding light on the departure of the esteemed actor. Actress Abiola Bayo, taking to her verified Instagram account, solemnly declared,…
A clinical psychologist, Dr Akin Gabriel, at the Federal Neuropsychiatric Hospital, Yaba, Lagos, says about four out of 10 Nigerian women are depressed. “In this country, out of 10 women, four will have one form of depression or another,’’ he told the News Agency of Nigeria (NAN) in Lagos. Gabriel also said that about 25…
MTN Nigeria Plc announced a N177.8 billion pre-tax loss as compared to a N518.8 billion pre-tax profit in the previous year. The losses resulted in a wipe-out of shareholders’ funds. The telcos blamed the losses on a significant foreign exchange loss that increased from N81 billion in 2022 to N740 billion. In its 2023 financial…
The Nigerian Navy operations in the Niger Delta region between January and February 2024 have led to the arrest and recovery of stolen crude oil from different criminal gangs operating in the region. This was verified in a statement by Rear Admiral AO Ayo-Vaughan, Director of Information of the Nigerian Navy. The recovered items are…
Liverpool made a pre-tax loss of £9 million ($11.4 million) last season as increased commercial income failed to offset a drop in media and matchday revenues, the club’s latest accounts revealed on Thursday. Overall revenue to the end of May 2023 remained static at £594 million after a disappointing campaign in which Jurgen Klopp’s men…
Crypto trading platform, Binance has been slammed with a $10 billion fine by the Federal Government over allegations of influencing the country’s forex crisis. The special adviser to President Bola Tinubu on information and strategy, Bayo Onanuga, disclosed this F in an interview with the BBC on Friday. According to Onanuga, Binance profited substantially from…
President Bola Tinubu on Thursday insisted that it is unacceptable for Labour Unions to call for a strike within the first nine months of an administration. Tinubu, who spoke at the Lagos Red Line launching, emphasized that the Organised Labour does not represent the sole opinions of the Nigerian people. According to him if Labour…
The House of Representatives has urged the Joint Admission Matriculation Board, JAMB, to extend the registration for the Unified Tertiary Matriculation Examination, UTME, examination by two weeks. The House also mandated the relevant Committee on Education and Legislative Compliance to enforce strict compliance. The decision of the House was sequel to the adoption of a…
The Academic Staff Union of Universities, ASUU, Tarara State University, TSU, has once again called upon the state government to tackle the array of issues affecting the institution. During a press conference in Jalingo, on Thursday, ASUU-TSU highlighted the lack of a pension scheme as one of the major challenges facing the university. Led by…
