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The Central Bank of Nigeria (CBN) issues a stern warning to banks concerning the proliferation of counterfeit naira banknotes, particularly in major cities. The acting director of corporate communications, Hakama Sidi Ali, emphasized the prevalence of these fake notes in transactions within...
In a historic development on December 8th, 2023, the Nigerian Naira experienced an alarming depreciation, closing at an all-time low of N1,099.05 per dollar in the official market. This 23.29% drop in value, compared to the previous closing rate, raises significant concerns just weeks before...
In a significant appearance before the Senate joint committee on appropriations, Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), made waves by stating that the primary purpose of establishing refineries is not to drive down fuel prices...
Ex-BBNaija Housemate Khloe Sparks Controversy: Criticized for Discouraging Natural Hair at Events. Social Media Erupts in Response to her Remarks
In a shocking development, discontent simmers within the Nigerian military as some officers of the Nigerian Air Force (NAF) express frustration over the recent airstrikes on Tundun Biri in the Igabi Local Government Area of Kaduna State. The strikes, carried out by the Nigerian Army, resulted in...
The Nigeria Customs Service (NCS) has implemented a substantial exchange rate adjustment for cargo clearance, increasing it from N783/$ to N952/$, marking a significant 22.8% rise. This adjustment, visible on the federal government's trade portal, impacts duties imposed on imported cargoes...
Governor Simon Lalong, currently serving as the Minister of Labour and Employment, finds himself in a political quandary as he contemplates whether to assume a Senate seat or maintain his ministerial position. The Court of Appeal declared him the legitimate winner of the Plateau South...
Kaduna State Governor, Uba Sani, criticized the Defence Headquarters' (DHQ) explanation for the recent air strike in Tudun Birni, where over 120 people lost their lives. The DHQ attributed the attack to terrorists embedded among civilians. Governor Sani, in a TV interview, labeled the...
A 23-year-old London influencer, Jenny Darling, has stated that she won't consider having a baby unless she receives an annual payment of £250,000 ($315,000). She demands the allowance to cover therapy, a personal trainer, and baby needs. Darling emphasizes the need for a luxury push present...
South African-based Nigerian tech entrepreneur, Charles Awuzie, has criticized Nigerian-American businessman Francis Van-Lare for releasing names of women he claims to have slept with since 1970. Awuzie advised Van-Lare to consider the privacy code of intimacy, questioning the accuracy of full...
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