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CBN fails to account for $4.5b in foreign reserves — Audit Report
The sum of $4.5 billion cannot be accounted for in Nigeria’s Foreign Reserves between 2018 and 2019, an audit report of the Office of the Auditor-General of the Federation has…
Buhari’s reckless policies responsible for current hardship – Oshiomhole
The Senator representing Edo North, Adams Oshiomhole, has said that Nigerians are currently suffering from what he described as “reckless policies” of former…
Policeman Loses AK-47 With 60 Rounds Of Ammunition While Watching Super Eagles Against Cote d’Ivoire…
A police inspector from the PMF 51, Oghara, headquarters of Ethiope West Local Government Area of Delta State has reportedly lost his AK-47 rifle with sixty (60) rounds of ammunition, SaharaReporters has learnt. The…
Dangote Refinery Set To Deliver First Fuel In Weeks
Dangote Refinery is due to deliver its first fuel into the local market within weeks, four sources confirmed to Reuters, in a key milestone towards long sought energy independence for Nigeria. The country has relied…
Hunger, Starvation More Alarming Under Tinubu Gov’t – Kano Emir Tells First Lady
Emir of Kano, Alhaji Aminu Ado Bayero, has urged Nigeria’s First Lady, Senator Oluremi Tinubu, to convey the message of the teeming populace about the hunger and starvation in the country to the President, saying the…
OBITUARY: Herbert Wigwe, financial expert who helped transform small bank to global institution
Even as a teenager, Herbert Onyewumbu Wigwe knew for certain that he wanted a career in the financial sector and went for it, though the complexities he would have to navigate were not entirely clear to him. Sure of…
CBN hikes Customs duty rate for the second time in 3 days
For the second time in three days, the Central Bank of Nigeria (CBN) has raised the exchange rate for computing Customs duties at the nation’s seaports. Information obtained from the official trade portal of the Nigeria…
Nigeria, US collaborate to probe Wigwe’s helicopter crash
The Nigerian Safety Investigation Bureau (NSIB) is collaborating with the US National Transportation Safety Board (NTSB) to investigate the helicopter crash that killed Herbert Wigwe, the group chief executive officer…
Crisis hits Labour Party, Treasurer asks Chairman, Abure to account for N3.5bn
A fresh crisis has hit the Labour Party as its National Treasurer, Mrs. Oluchi Oparah, has demanded that the National Chairman, Julius Abure render an account of party funds over N3.5bn being proceeds of sale of forms and…
Economic hardship: Phase out electricity subsidy – IMF advises FG
The International Monetary Fund (IMF) has urged the Federal Government to completely phase out electricity subsidy in the country as a result of the hardship Nigerians are facing since the removal of fuel subsidy in May…
How Emefiele okayed $6,230,000 for international election observers – Witness
Trial of the former Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele resumed before a High Court of the Federal Capital Territory, FCT, on Monday, with the lead witness, Mr. Onyeka Ogbu, narrating how the…
Nigeria’s economic reforms will boost credit outlook in 2024- Standard Chartered
Standard Chartered Bank has projected that the current Nigeria’s economic reform initiatives are anticipated to play a pivotal role in revitalizing Nigeria’s credit landscape by the year 2024. The Global Chief…
‘African basketball investor’ — America’s NBA mourns Herbert Wigwe
The American National Basketball Association (NBA) has paid tribute to Herbert Wigwe, the group chief executive officer (GCEO) of Access Holdings Plc. On Saturday, around 7am Nigerian time, Wigwe, his wife, son and…
Group drags Akpabio, Abbas to court over National Assembly’s N344 billion budget
A group, the Socio-Economic Rights and Accountability Project (SERAP) has dragged the Senate President, Godswill Akpabio, and Speaker of the House of Representatives, Tajudeen Abbas, to court over their failure to…
Hisbah board seizes 8,600 beer bottles in Kano, arrests 15 suspected prostitutes
The Kano State Hisbah Board has intercepted and confiscated 8,600 beer bottles from a van traveling from Kaduna to Kano. The seizure took place at Kwanar Dangora village along the Kano-Kaduna Expressway last Thursday.…
Crashed Helicopter That Killed Wigwe, Others Caught Fire On Impact With Terrain, Full Probe Report…
The United States National Transportation Safety Board (NTSB) has revealed that the helicopter in which Herbert Wigwe was travelling caught fire after it crashed. A board member, Michael Graham, who disclosed this…
NATO Criticises Trump For Comments Encouraging Russian Attacks, Says Any Attack Will Be Met With…
NATO has criticised comments made by former US President Donald Trump at a campaign event - claiming they "put American and European soldiers at increased risk". The former US president had said he would let Russia…
Late Access Bank CEO, Wigwe Opened Multi-Billion Naira Mansion In Lagos Weeks Before His Untimely…
Herbert Wigwe, the late Group Chief Executive Officer of Access Holdings Plc, opened a multi-billion-naira mansion in Ikoyi, Lagos, weeks before his death. Wigwe died alongside five others including his wife,…
Nigerians give Tinubu more time; nation’s problems will take 20 years to solve – Anglican…
The primate of the Church of Nigeria (Anglican Communion), Most Reverend Henry Ndukuba, has urged Nigerians to be patient with President Bola Tinubu. Mr Ndukuba, who addressed journalists on Sunday in Abuja on hardship…
Wigwe: Rain, wintry weather responsible for crash — US authorities
THE United States authorities said rain , winty weather could be responsible for the crash in the helicopter that claimed the lives of Herbert Wigwe, Group Chief Executive Officer, Access Bank Plc, his wife and son,…
Tinubu hails Super Eagles
President Bola Tinubu has saluted the Super Eagles of Nigeria for their tenacious performance in the final of the 2024 Africa Cup of Nations (AFCON) in Côte d’Ivoire. President Tinubu commended the team, the coach, the…
2024 Hajj: NDLEA warns against concealing Kolanut, unprescribed drugs to Saudi Arabia
The National Drug Law Enforcement Agency (NDLEA) yesterday warned intending pilgrims for this year’s Hajj against hiding prohibited items in their luggage…
Shettima speaks on Super Eagles’ loss of AFCON trophy to Cote d’Ivore
Vice President Kashim Shettima said on Sunday the players of Super Eagles deserve commendation for the display of skills at the just concluded African Cup of Nations (AFCON), held in Côte d’Ivoire though they lost the cup to…
Afrobeats is for talentless people – Ruggedman
Veteran hip hop artiste, Michael Ugochukwu Steven, popularly known as Ruggedman, has said a lot of “talentless people” are hiding behind the Afrobeats banner. The rapper stated this in an interview with popular media…