The Central Bank of Nigeria (CBN) has directed all deposit money banks (DMBs) in the country to ensure they dispense cash to their customers while asking bank customers to report any erring bank. In a circular to all the deposit money banks and the general public, the apex bank said it will intensify its oversight … Read more
A Nigerian man simply identified as Brooda John, has tagged some courses as “useless” to study in universities in the countryHe listed law, microbiology, biochemistry, Agriculture, sociology, political science, business administration, English language etc. as the “useless’ coursesAccording to Brooda John, the courses are useless because they are not worthy to be studied in Nigeria … Read more
As President Bola Tinubu prepares to submit the 2025 Appropriation Bill to the National Assembly, the Senate on Tuesday approved the 2025–2027 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper. The approval followed a report presented by the Senate’s joint Committees on Finance and National Planning and Economic Affairs, chaired by Senator Sani Musa … Read more
Wema Bank has reaffirmed its dominance by emerging as the overall winner at the just-concluded Nigeria Bankers Game (NBG) 2024 Grand Finale. This achievement marks the bank’s third consecutive win at the prestigious sporting event, with an impressive tally of 10 gold medals. Wema Bank clinched victories across various categories, including Table Tennis (Female … Read more
From N10, 545.87 in October 2023 to N16, 734.55 in October 2024, the price of a 12.5 kg cylinder of LPG increased by 58.68%Households already struggling financially and with rising inflation are further burdened by this hikeCustomers across the nation are experiencing the effects of the price increase, with some areas seeing price increases of … Read more
Former Chairman of the Nigerian Labour Congress (NLC) in Edo State, Comrade Kaduna Eboigbodin, has tragically died following a confrontation with police officers at a roadblock in the Upper Sokponba area of Benin City. Civil society organizations have issued a 48-hour ultimatum to the police to identify and hold accountable the officers involved in the … Read more
The Economic and Financial Crimes Commission (EFCC) has stated that its record-breaking recovery of 753 duplexes and other apartments on Plot 109 Cadastral Zone C09, Lokogoma District, Abuja were unclaimed by anyone, hence thr forfeiture of the properties. The EFCC said it was making the clarification after allegation of cover-up of the identity of the … Read more
The OPC has made a renewed call for the return of Nigeria to a regional system of government, saying it is the only way to drive developmentThe system was practised in the country between the 1950s and 1966 before the introduction of a unitary government by Nigeria’s first military Head of State, late General Aguiyi … Read more
The Senate plenary on Tuesday witnessed a heated exchange between Senate President Godswill Akpabio and Senator Ahmed Aliyu Wadada (SDP, Nasarawa West) over the status of operations at the Port Harcourt refinery. The Nigerian National Petroleum Company Limited (NNPCL) had announced last week that the Port Harcourt refinery had commenced operations. However, the claim has … Read more
Nigeria and South Africa have agreed to urgently finalise the five-year-old Memorandum of Understanding (MoU) on the Early Warning Mechanism, which monitors threats of violence, acts of criminality, and reprisals involving nationals of both countries. The decision was revealed on Tuesday in a communiqué released at the end of the 11th session of the Nigeria-South … Read more