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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... -
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 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...
Africa
Music Executive Murray Elias Ignites Industry Debate, Claims Afrobeats Outshines Jamaican Music; Labels Dancehall Acts 'Flopped
In a fiery exchange on social media, music executive Murray Elias, renowned for producing Sean Paul's hit "I'm Still In Love With You," has stirred controversy by dismissing the potential unity of dancehall acts and asserting that Afrobeats boasts superior artists. Elias contends that the...
Former Nigerian international and Paris Saint-Germain star, Austine Okocha, has unequivocally asserted that the Super Eagles possess the mettle to conquer the host nation, Ivory Coast, in today's crucial clash at the 2023 Africa Cup of Nations. Okocha's words come on the heels of a hard-fought...
Controversial viral video sparks outrage as elderly landlord suggests single women shouldn't rent without a man, insisting they should seek male companionship. Social media abuzz with reactions
![[VIDEO] Algerian Influencer Sofia Benlemmane Faces Lifetime Ban from Ivory Coast Following AFCON Comments](/data/attachments/200/200244-f3429e0b895fbdb1e023234ae543f34b.jpg?hash=80KeC4lfvb)
Africa
[VIDEO] Algerian Influencer Sofia Benlemmane Faces Lifetime Ban from Ivory Coast Following AFCON Comments
Algerian influencer Sofia Benlemmane found herself at the center of a storm as she was arrested, deported, and handed a lifetime ban from the Ivory Coast.
The arrest occurred following the dissemination of a video in which Benlemmane used derogatory language and made disparaging remarks about...
The National Chairman of the All Progressives Congress (APC), Abdullahi Ganduje, has pointed to politicians as the "biggest problem" in Nigeria's electoral system.
This revelation came to light during a meeting with Hawa Habibu, the director of election and party monitoring for the Independent...
Nigeria
NCC Temporarily Halts Glo-MTN Disconnection Plan, Citing Resolution of Long-Standing Telecom Dispute
Nigerian Communications Commission (NCC) has decided to suspend its plan to bar Glo subscribers from calling MTN lines for a period of 21 days. The NCC's Director of Public Affairs, Reuben Mouka, cited the resolution of outstanding issues between the telecom giants as the reason for the abrupt...
Nigeria
Delta State High Court Dismisses Davido's Objections in Breach of Contract and Defamation Cases
Delta State High Court in Effurun has dismissed the preliminary objections raised by Nigerian-American singer Davido, and his company, Davido Music Worldwide Limited, challenging the court's jurisdiction in the breach of contract suit filed against them by Brownhill Investment Company Limited...
![[VIDEO] Twitter Outcry as Video Surfaces of VP Shettima and Ministers Dancing 'Buga' at Davos 2024 Amid National Crisis](/data/attachments/200/200239-31ea6ae3ed53d7e3931e49fb917f50d3.jpg?hash=Mepq4-1T1-)
Nigeria
[VIDEO] Twitter Outcry as Video Surfaces of VP Shettima and Ministers Dancing 'Buga' at Davos 2024 Amid National Crisis
Nigeria's Vice President Shettima took center stage at Davos 2024, joined by an ensemble of government ministers, including Wale Edun (Minister of Finance), Dr Bosun Tijani (Minister of ICT/Digital Economy), Hannatu Musawa (Minister of Art, Culture, and Creative Economy), and Heineken Lokpobiri...
Justice Hamza Muazu of the Federal Capital Territory High Court has approved the request of the immediate past Governor of the Central Bank, Godwin Emefiele, to travel outside the FCT. However, the court has mandated that Emefiele remains within the country.
This decision comes as a variation...
In response to rising security concerns, Miyetti Allah Kautal Hore has launched a vigilante group in Nasarawa State. Led by national president Bello Bodejo, the initiative aims to enlist 4,000 Fulani youths for community-driven security efforts.
The inaugural batch, comprising 1,144 youths from...
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