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Ghana’s economic crisis lingers as it fails to strike debt deal with two international Bondholders
On Monday, The Ghanaian government said that it failed to strike a deal with two international bondholder groups in its bid to restructure $13 billion of international bonds and pull the west African country out of its…
CBN: Inside Cardoso’s controversial job cuts
For eight years, Lydia Haruna (not real name) worked as a senior manager in the Development Finance Department of the Central Bank of Nigeria (CBN). She won awards for recovering over N16 billion from debtors who…
Naira strengthens, but prices stay stubborn: Why consumers aren’t seeing relief yet
Over the past few weeks, the naira has appreciated from a record low of around N1,900/dollar to N1,148/dollar as of April 12, prompting the US investment bank, Goldman Sachs, to pronounce it the best performing…
FG threatens to ground private jets conducting commercial operations
The Federal Government has announced plans to take firm action against private jet owners who illegally use their planes for commercial purposes, including grounding the jets and revoking their licenses. Festus Keyamo,…
BREAKING: Nigeria’s inflation rate jumps to 33.2% for March 2024 – NBS
Nigeria’s inflation rate increased to 33.2% for the month of March 2024 according to the latest data from the National Bureau of Statistics (NBS). This represents a 1.5% increase…
Southwest state govts beef up security amid Yoruba Nation agitation
In response to recent attempts by separatist Yoruba Nation agitators to disrupt public order, governments and security agencies in South-West states have intensified security measures around government institutions. The…
Atiku backs Suswam’s national chairmanship bid as PDP leadership dispute intensifies
The power dynamics within the People’s Democratic Party (PDP) have reportedly reached a boiling point as the rivalry between former Vice President Atiku Abubakar and FCT minister Nyesom Wike intensifies ahead of the…
“Stay away from Ibadanland and Oyo state” – Ibadan elders warn O’odua Nation Agitators
The Central Council Of Ibadan Indigenes (CCII), alongside the Olubadan-in-Council, Obas, Ibadan elders, Mogajis, and Baales, have issued a stern warning to O’odua Nation agitators, urging them to refrain from…
Tension in Kano over Ganduje’s arraignment
The planned arraignment of former Kano governor, Abdullahi Ganduje seems to have caused further division within the political class in Kano State. Ganduje, the current national chairman of the All Progressives…
More heads to roll in CBN as Cardoso continues sacking spree in apex bank
The Central Bank of Nigeria (CBN) is again at the centre of attention as Governor Yemi Cardoso persists in aggressive staff restructuring efforts, signalling that more heads may roll in the coming days. Following a series…
AbdulRazaq governing Kwara State via WhatsApp messages – PDP
The Peoples Democratic Party, Kwara State branch, has accused Governor AbdulRahman AbdulRazaq of governing the state ‘via WhatsApp messages.’ The party also chided AbdulRazaq for neglecting the road projects in the state.…
Iran: Biden an ’embarrassment’ to US for urging Israel not to retaliate – Ex-Trump aide
National Security Adviser, under President Donald Trump, John Bolton says the “wide range” of possible deterrents he believes Israel has to attack Iran, and why he says he would call the President an embarrassment to…
I didn’t lead Bayer Leverkusen, we led ourselves – Victor Boniface
In a historic moment for the club, Bayer Leverkusen lifted the Bundesliga trophy for the first time in their 120-year existence, dethroning Bayern Munich’s 11-year reign with a resounding 5-0 victory over Werder…
Emefiele spends N370 million on bail in nine months amid multiple charges
Godwin Emefiele, former Governor of the Central Bank of Nigeria (CBN), has likely spentnot less than N370 million on bail over the past nine months. Emefiele is dealing with court cases in Abuja and Lagos. He was …
Naira opens shop below N1000 against dollar at some segments of black market
The naira strengthened against major currencies on Monday the greenback saw an increased safe-haven demand, in the wake of an Iranian strike on Israel, putting it at more than five-month highs. Naira breaks key…
Nigeria Should Have Delayed Lagos-Calabar Coastal Highway
I was a kid in Ovim, and we were in Ama Akpurachi (the village square with Akpurachi tree) discussing how Rear Admiral (Navy commander then) Ndubuisi Kanu would travel to visit our school. One kid noted that as a…
How Soldier Killed Lover Inside Enugu Barracks
A soldier, Private Adamu Muhammad, has allegedly murdered his lover identified as Hauwakulu Tabra. Details of the tragic incident, which occurred at one of the barracks in Enugu State, are sketchy at the time of this…
Consumers Decry Low Supply As DisCos Prioritise Band A
Electricity consumers categorised under Band C, D and E have decried the sudden reduction in power supply after the increase in tariff for those under Band A feeders. Band A customers receive 20 to 24 hours of…
DSS Arrests El-Rufai’s Ally Over Facebook Post Against Gov Sani
Aisha Galadima, a female politician and member of the All Progressives Congress (APC) in Kaduna State, was reportedly arrested on Sunday by security agents believed to be operatives of the Department of State Services…
Arsenal’s 0-2 Defeat To Aston Villa Not What I Expected – Atiku
Former Vice President and presidential candidate of the Peoples Democratic Party in the 2023 general elections, Atiku Abubakar, has said that Arsenal's 0-2…
Nigerians thrown into darkness as national grid collapses again
Nigerians have been thrown into darkness as the nation’s power grid experienced another collapse in the early hours of Monday, April 15, 2024. According to data obtained from the Nigerian System Operator’s portal…
Nigerian bankers colluded with government officials to re-loot recovered Abacha loot – EFCC
The Economic and Financial Crimes Commission has accused commercial banks of colluding with government officials to re-loot recovered loot of the late dictator, Sani Abacha. In December 2017, the Federal…
EPL: Arsenal’s title chance suffers setback after home defeat by Villa
Arsenal’s Premier League title hopes suffered a massive blow as Aston Villa struck twice in the closing stages to boost their top-four bid with a dramatic 2-0 win at the Emirates Stadium on Sunday. Mikel Arteta’s side…
Concerns taint Lagos-Calabar Coastal Highway
UNDER the radar for a lengthy period after its conception, the Lagos-Calabar Coastal Highway is finally taking off under a storm of controversy. A 700-kilometre turnpike infrastructure, the project has attracted…