The Central Bank of Nigeria (CBN) has approved Benson Ogundeji as the substantive managing director/chief executive officer of Greenwich Merchant Bank. The board of directors of the bank Limited has announced the appointment of , following the receipt of the approval of the CBN. Chairman of the board, Kayode Falowo, stated, “The Board is pleased … Read more
A Nigerian man said he made a transfer of N20,000 from his UBA bank account to Opay and showed the deductionDemi Tubors, who shared a screenshot on X, said the deduction was labelled as an ‘electronic money transfer levy’Social media reports have suggested that Nigerian fintechs have started deducting this amount from the consumer A … Read more
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 2nd December, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira today in the black market? … Read more
The Director General of the Bureau for Public Procurement (BPP), Dr Adebowale Adedokun, and his predecessor, Emeka Ezeh, have opposed the proposed amendment to the Public Procurement Act, which seeks to punish contractors who unnecessarily delay the completion or abandon projects awarded to them. They made their position known at the public hearing on a … Read more
Singer Nikki Laoye is happy to be expecting her first child with her husband after getting married in 2022 in a lavish ceremonyThe couple shared a video of their family as she flaunted her baby bump while their children danced round themFans of the singing couple were excited about the good news and congratulatory messages … Read more
The Peoples Democratic Party (PDP) has called for broader consultations over the controversial tax bills currently before the National Assembly. The PDP Deputy National Publicity Secretary, Ibrahim Abdullahi, questioned the reason behind the rush to pass the bills. Speaking in an interview with Punch, Abdullahi argued that the government must recognise the significant implications of … Read more
The Coalition of Civil Society Groups for Peace, Security, Good Governance, Equity and Justice has commended the Nigeria Customs Service Area 2 Command, Onne, in Rivers State, for seizing illegally imported drugs, including fake tablets valued at over N46.399 billion. In a press statement made available to journalists in Abuja by the national coordinator, Comrade … Read more
US President-elect Donald Trump threatened tough tariffs on countries that challenge the US dollar. Photo: ALLISON ROBBERT / POOL/AFP/FileSource: AFP US President-elect Donald Trump has threatened retaliation against governments that challenge the US dollar, vowing “100 percent tariffs” on countries that undercut the US currency. The Republican vowed the action on states that “create a … Read more
The All Progressives Congress (APC) has denied any association with an alleged splinter group, Team New Nigeria (TNN), asserting that its members are not recognized as part of the ruling party. On Sunday, TNN announced its departure from the APC, stating its intention to establish a new political party aimed at addressing Nigeria’s challenges, including … Read more
The recent false alarm about Chief Mike Adenuga Jr.’s death was so influential that legendary musician Ebenezer Obey felt compelled to release a song debunking it. Back in the 1980s, Obey’s hit song Ketekete narrated the story of a horse burdened by its riders to the extent that it was felt that the weight might … Read more