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Libel: Court orders Linda Ikeji to pay NBM N30m damages
A Delta State High Court in Effurun has awarded N30 million damages against popular Nigerian blogger, Linda Ikeji, for a libellous publication against the Neo-Black Movement of Africa. The lawsuit had Registered Trustees of…
How I Collected $600,000 Bribe For Emefiele – CBN Director
A former Director of Information Technology of the Central Bank of Nigeria (CBN), Mr. John Ayoh, has explained how he collected $600,000 allegedly for contract gratification for the embattled ex-apex bank governor, Mr.…
MTN Nigeria reports N575.69 pre-tax loss in first quarter of 2024
MTN Nigeria released its Q1 2024 results, showing revenue of N752.9 billion, up 32.5% compared to N568.1 billion for the same period in 2023. However, the company reported a pre-tax loss of N575.69 billion, a sharp…
Accept Tariff Hike Or Face Total Blackout – FG tells Nigerians
The Minister of Power, Adebayo Adelabu Monday warned that there would be total blackout in the country in the next three months if the proposed electricity tariff hike is not implemented. The minister disclosed this…
BREAKING: NFF appoints Finidi George as Super Eagles head coach
The Nigeria Football Federation has appointed former Super Eagles winger Finidi George as the new head coach of the nation’s senior men’s national team. The announcement came in a statement on Monday, with the NFF Board…
Tinubu’s 2nd term bid at risk over ‘betrayal’ of El-Rufai, Yahaya Bello –…
President Bola Ahmed Tinubu has been told that his second term bid is at risk if he continues to sideline those who fought for his emergence at the seat of power.…
‘People are setting up business centres, calling themselves pastors’ – Oshiomhole
The former governor of Edo State, Adams Oshiomhole, has stated that the general notion that believing in Jesus Christ will lift a person from poverty “is a lie.” The…
BREAKING: Obaseki raises minimum wage to N70,000
The Governor of Edo State, Godwin Obaseki, has approved a new minimum wage of N70,000 for civil servants in the state. The governor revealed this while commissioning the new Labour House in Edo state on Monday. According…
BREAKING: Exchange rate opens week at N1,380 at parallel market
The exchange rate between the Naira and the Dollar is being quoted as high as N1,380/$1 at the parallel market, a weakening from the N1,280/$1 recorded over the weekend. This information was shared by operators who spoke to…
British-Nigerian Cosmetic Doctor Loses Licence In UK For Giving Free Botox To Patient ‘In Exchange…
A Nigerian cosmetic doctor based in the United Kingdom, Dr Oluwafemi "Tijion" Esho has lost his licence to practise after being found guilty of giving Botox ‘in return for sex’. Esho, a popular TV cosmetic doctor,…
Umahi gets presidential directive on urgent design for Sokoto-Badagry coastal highway
The Minister of Works, Senator Dave Umahi, said on Sunday that he had been given a presidential directive on the immediate design of the Sokoto- Badagry coastal highway. Mr Umahi spoke after he inspected the end of…
FBI nabs Nigerian official trying to flee U.S. with family after contract procurement fraud
The Federal Bureau of Investigations (FBI) on April 2 took into custody Ifediora Oli, a dual citizen of Nigeria and the United States, for allegedly conniving with two persons to defraud the District of Columbia public…
Naira picks up 10% gain as EFCC fights speculators
The naira regained strength against the haven currency over the weekend, breaking below the N1,300 resistance level at the parallel market, to settle at N1270-75 against the dollar as the U.S Fed Reserve Bank meets on…
Unemployment hits Nigerian students, others hard in Canada
A severe unemployment crisis affecting at least one million international students in Canada, including Nigerians, has sparked worries about loose immigration policies that have turned Canada into a sanctuary for migrants…
Active bank accounts in Nigeria hit 219.6 million in March 2024 – NIBSS
The number of active bank accounts in Nigeria jumped to 219.6 million in March 2024, marking a significant increase when compared with the previous data released by the Nigeria Inter-Bank Settlement System (NIBSS).…
LASEPA cracks down on Vertigo Club, Zaza, others for environmental infractions
The Lagos State Environmental Protection Agency (LASEPA), in response to mounting environmental degradation and persistent violations, carried out a comprehensive enforcement operation on Sunday, April 28, 2024, in the…
More trouble for Ganduje as panel on misappropriation sits
The embattled National Chairman of All Progressives Congress (APC), Abdullahi Ganduje, is set for another trouble, as the Judicial Commission of Inquiry (JCI) on public property and assets recovery begins sitting today.…
FX rates harmonisation: CBN abandons unification policy, re-introduces discriminatory rates
• BDCs on subsidy as four different rates emerge• Customs settles for below NAFEM rate, charges N1,164• Naira pullback stokes fresh concern about stability • Senate seeks proactive measures to save currency The Central…
Tinubu may sack, replace some ministers at first anniversary
Indications emerged yesterday, of a possible cabinet shakeup as President Bola Tinubu has begun preparation for the celebration of his first anniversary in office. He was sworn in on May 29, 2023. It was gathered…
State Police Non-Negotiable – Ex-AIG
A retired Assistant Inspector-General of Police, Ambrose Aisabor, has said adopting state police is non-negotiable. According to him, the clamour for state police raged over the failure of the federal police. Daily…
Over 100 Kwara Intending Pilgrims To Miss Hajj
The Kwara State Pilgrims Welfare Board has said more than 100 intending pilgrims from the state will miss this year’s Hajj exercise. The agency’s executive secretary, Alhaji AbdulSalam Abdulkadir, disclosed this on Sunday…
Don’t Back Out On Yahaya Bello’s Prosecution – Kogi Residents Tell EFCC
A cross-section of residents and indigenes of Kogi State, on Sunday, appealed to the Economic and Financial Crimes Commission (EFCC) not to be distracted in the ongoing investigations and planned prosecution of a former…
Tinubu Mourns Victims Of Rivers Tanker Explosion
President Bola Tinubu has extended his heartfelt condolences to the families of the victims of the fire incident caused by an articulated vehicle conveying petroleum products at the Eleme section of the…
Why Naira depreciated by 23% in 4 days — Currency dealers, analysts
A surge in demand for dollars in the parallel market driven by banks and end-users combined with slow forex disbursement to BDCs by the Central Bank of Nigeria, CBN, caused the Naira, last week, to fall by 23 per cent…