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Nigeria President Tinubu Set for Cabinet Reshuffle Ahead of October 1 Deadline
President Bola Tinubu is set to reshuffle his cabinet, according to Bayo Onanuga, Special Adviser on Information and Strategy. While no specific date has been announced, changes may occur before October 1st. The President urges ministers to better communicate their achievements to improve public... -
Nigeria Nigerian Anglican Leaders Slam Politicians, Including Tinubu, Over Widespread Corruption and Economic Hardship
The Anglican Church of Nigeria condemned corruption among political leaders, criticizing insensitive government policies causing severe hardship for citizens. In a recent meeting, church leaders expressed solidarity with protests against bad governance and called for a comprehensive... -
Nigeria CBN’s 27.25% Interest Rate Hike: How It Affects Inflation, SMEs, and the Naira
Nigeria's recent interest rate hike to 27.25% aims to curb inflation and stabilize the naira but poses challenges for businesses. The increased borrowing costs could reduce expansion and raise unemployment. Meanwhile, FX inflows may rise, stabilizing the naira, and savers benefit from higher...
Actor Jeff Goldblum has sparked controversy by announcing that his children, Charlie (8) and River (6), will not receive any inheritance from him, asserting, "Row your own boat."
Goldblum's decision, revealed during a recent appearance on the iHeartPodcast "Table for Two With Bruce Bozzi," has...
Maryanne, the wife of former presidential candidate Kingsley Moghalu, ignited controversy by cautioning investors against putting their money into Lagos after the demolition of Landmark Beach for the Lagos-Calabar Coastal Highway project.
Her warning came amid growing concerns over the handling...
Nigeria
Nigerians Outraged as Sahara Reporters Exposes Leaked Chats Revealing Yahaya Bello's Bribery Plot with Judges
Allegations of bribery and corruption have surfaced against former Kogi State Governor, Yahaya Bello, as leaked WhatsApp chats purportedly reveal his plot to bribe judges with wads of dollar bills.
The scandal, reported by Sahara Reporters, implicates Bello, who has been accused by the Economic...
Nigeria
NDIC Boosts Deposit Insurance: Raises Coverage to N5 Million for Banks, N2 Million for MFBs"
The Nigeria Deposit Insurance Corporation (NDIC) has made a groundbreaking move by significantly raising the maximum deposit insurance coverage for bank depositors. This adjustment, announced on Thursday, marks a substantial increase of 900 percent, raising the coverage from N500,000 to N5...
Enioluwa, an influencer, has faced backlash for condemning an attack on a crossdresser by area boys in a viral video. He labeled the attack as inhumane and unjust, emphasizing that resorting to violence because of disagreements in lifestyle choices is unacceptable.
Despite receiving mixed...
After his naira abuse case, celebrity barman Cubana Chief Priest took to social media to advise Nigerians to steer clear of trouble with the Economic and Financial Crimes Commission (EFCC), emphasizing that the agency is not taking naira abuse lightly.
In a post on his Instagram page, he...
In a bid to enhance transparency and regulatory compliance, commercial banks in Nigeria took decisive action in the first quarter of 2024, closing a staggering 2.021 million bank accounts. This move was aimed at purging their books of questionable accounts and aligning with regulatory directives...
Hoodlums clashed in the Ile-Epo area of Lagos State, resulting in widespread injuries and damage. The altercation erupted Wednesday night and persisted into Thursday morning, engulfing the market in chaos. Reports indicate that shops were set ablaze, and goods were vandalized during the violent...
Nigeria
Naira Abuse: Nigerians Draw Parallels Between Cubana Chief Priest and Bobrisky Cases as EFCC Opts for Out-of-Court Settlement
In a recent development, the Economic and Financial Crimes Commission (EFCC) and celebrity barman, Cubana Chief Priest, have agreed to settle the naira abuse charge against the socialite out of court. The court is set to hear the report of the settlement on the 5th of June.
Reactions to this...
The Economic and Financial Crimes Commission (EFCC) and celebrity barman, Cubana Chief Priest, have opted to settle the naira abuse charge brought against the socialite out of court. This decision marks a new chapter in the legal saga that has garnered widespread attention in recent months.
The...
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