By Ikadolo Efosa In an effort to clean their books of questionable accounts and comply with regulatory orders, commercial banks in Nigeria closed a total of 2.021 million bank accounts in the first quarter of 2024 (Q1’24). This information is contained in a report by the Nigerian Interbank Settlement System …
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THE deterioration of security has continued to stimulate support for the swift establishment of state police as a panacea for the bloody violence. The state and federal governments and the federal and state assemblies must fast-track the process to save the country from implosion. Already, 20 out of 36 state …
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By Kayode Igundiran The Economic and Financial Crimes Commission (EFCC) has taken decisive action against popular Instagram celebrity Pascal Okechukwu, widely known as Cubana Chief Priest. The charges leveled against him revolve around the alleged mishandling of the Nigerian currency, the Naira. Mr. Okechukwu faces three charges filed by the …
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By Abdulrahman Zakariyau The rivalry between the 2023 presidential candidate of the Peoples Democratic Party, Atiku Abubakar, and the Minister of the Federal Capital Territory, Nyesome Wike, has become heightened ahead of the 98th National Executive Committee meeting of the party. One of the major issues likely to take centre …
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NIGERIA’S identity card system is about to get more complicated. This is after the National Identity Management Commission notified the public of its intention to launch three new national ID cards for 104 million Nigerians by June. Currently, there are different ID cards that have not been successfully implemented years …
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Nigerian Breweries Plc, a key player in the HEINEKEN Group and the foremost brewer in Nigeria, has unveiled a comprehensive restructuring strategy to navigate the current economic headwinds. This strategy involves a temporary halt in production at two of its nine local breweries. The initiative, part of a broader business …
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Social media celebrity, Bobrisky, has been sentenced to six months in jail for mishandling naira notes. The crossdresser received the sentence on Friday morning. More to follow…
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BY ILIYASU GADU A couple of weeks ago I got a call from one of my readers in Lagos. He wanted me to confirm rumours of a coup and reports of men from the Army’s Brigade of Guards manning strategic places in the federal capital territory. I told him that, …
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By Onomiguren Agbamu Delta State Commissioner for Oil and Gas, Him. (Chief) Vincent Oyibode has expressed a hearty congratulation to the State Governor and leader of the party in the State, Rt. Hon. Sheriff Oborevwori, on his well-deserved Supreme Court victory. The congratulatory was contained in a message by the …
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A popular Nigerian gospel musician, Frank Edward, said he made frantic effort at a wedding reception in Warri to avoid proximity to the bride, aiming to prevent any potential social media controversy. Posting a video of the event on his verified Instagram handle, the artist shared how the bride excitedly …
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