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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... -
![[VIDEO] Alibaba Shares Chilling Encounter with Late General Sani Abacha](/data/attachments/208/208600-f6d82ad928563107ef30e7bf34cdef73.jpg?hash=MHdjNn-JlS)
Nigeria [VIDEO] Alibaba Shares Chilling Encounter with Late General Sani Abacha
Nigerian comedian Alibaba recently shared a humorous yet chilling encounter with the late General Sani Abacha and Major Hamza Al-Mustapha. In a recent podcast, Nigerian comedian Alibaba shared a humorous yet eerie encounter he had with the late General Sani Abacha and his aide, Major Hamza... -
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 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...
Minister of Budget and Economic Planning, Atiku Bagudu, lauded President Bola Tinubu's humility and modest lifestyle during the three-day Cabinet Retreat in Abuja. He addressed the controversy surrounding the purchase of a yacht, emphasizing that it was not intended for the President's personal...
Amidst the ongoing controversy surrounding the proposed N5 billion presidential yacht, as outlined in the 2023 supplementary budget presented to the National Assembly, the Nigerian Navy confirmed on Friday that they had taken delivery of the yacht.
Commodore Adedotun Ayo-Vaughan, Director of...
The Nigeria Labour Congress (NLC) and Trade Union Congress of Nigeria (TUC) have announced a series of demands in response to the recent assault on Comrade Joe Ajaero, the NLC President, and other workers and journalists. The assault, along with various grievances, had prompted the nationwide...
In a move that has left many Nigerians grappling with financial concerns, Multichoice, the owners of DSTV Nigeria, has announced another subscription fee increase. This hike, which amounts to at least 16 percent depending on the bouquet, follows a previous fee adjustment earlier in the year...
In response to the unfortunate incident on Monday, November 6, 2023, where the national president of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero, was manhandled in Imo State, organized labor has declared a nationwide strike scheduled for Wednesday, November 8, 2023.
Deputy president...
In a historic move, France has announced its commitment to repatriate $150 million looted by former Nigerian military leader, General Sani Abacha. The announcement was met with praise from President Bola Tinubu, who commended France for their decision. The development comes as a significant step...
Retail lender, Unity Bank Plc has recorded gross earnings of N38 billion for the nine-month period ended September 30, 2023, with customer deposits appreciating by 5% to N344.4 billion within the period, an indication of business growth and customer confidence in the Bank.
A review of the...
Nigeria
Nigerian Naira Experiences Remarkable Appreciation, Surges to N1,040 Against the Dollar in Parallel Market
In a surprising turn of events, the Nigerian naira witnessed a remarkable appreciation against the U.S. dollar in the parallel section of the foreign exchange market. On Friday, the local currency soared by N145, marking a substantial increase of 12.24 percent, reaching the impressive exchange...
Aisha Rimi, recently appointed as CEO of the Nigerian Investment Promotion Commission (NIPC) by President Bola Tinubu, faces scrutiny over alleged corruption. In 2018, the Economic and Financial Crimes Commission (EFCC) launched an investigation after suspicious transactions involving over N3...
![[VIDEO] Why Nigerian Lawmakers Chose for Luxury SUVs - Senator Ndume](/data/attachments/198/198689-4d3554e0def328779101773f51d6d5cb.jpg?hash=TTVU4N7zKH)
Senator Ali Ndume has revealed that the controversial presidential yacht, included in the 2023 supplementary budget, has been delivered but not yet paid for. In an interview with ARISE NEWS, Ndume clarified that the presidential yacht is not a new item, as it has already been delivered, and the...
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