President Bola Ahmed Tinubu has directed the allocation of a federal government grant of N150,000 to each business owner in Enugu State. This grant aims to provide crucial financial support to Micro, Small, and Medium Enterprises (MSMEs) in the region, highlighting the administration’s commitment to fostering economic growth at the grassroots level. The initiative is…
The Central Bank of Nigeria (CBN) has announced its intention to introduce an Electronic Foreign Exchange Matching System (EFEMS), a move that is expected to significantly reshape the foreign exchange (FX) market in the country. This development comes as part of the CBN’s ongoing efforts to modernize financial operations and ensure more transparent FX trading…
In a major crackdown on cybercrime activities, the Economic and Financial Crimes Commission (EFCC) has arrested 33 suspected internet fraudsters in Port Harcourt, Rivers State. The operatives of the Port Harcourt Zonal Directorate carried out a sting operation targeting hideouts in the Iwofe and Ogboro areas of the city. The arrests were made based on…
In a tragic boat accident in Niger State, Nigeria, more than 100 people, mostly women and children, have been reported missing after a locally made wooden vessel capsized in the Niger River. The accident occurred in the rural district of Mokwa on Tuesday night, leaving the region in shock and prompting a massive rescue effort….
In a shocking move, Paulo Okoye, one-half of Nigerian music icons P-Square, has intervened in the intensifying Wizkid and Davido rift. Okoye took to social media to caution the two music heavyweights, warning that their actions will yield regret. This timely intervention comes as tensions between Wizkid and Davido reach a boiling point, leaving fans…
Nigerian music superstar Wizkid has recently ignited a storm on social media by exposing controversial blogger Tunde Ednut’s alleged disability. The two celebrities have had tensions in the past, but this latest revelation has taken their feud to a new level. In a shocking post on his official social media page, Wizkid claimed that Tunde…
The House of Representatives has rejected the proposal to confer the Commander of the Federal Republic (CFR) title on Tajudeen Abbas, the current Speaker of the House. The decision was reached after an intense debate during a plenary session, with members offering divergent opinions on the matter. The motion to honor Abbas with the CFR…
Atiku Abubakar, the former Vice President, has called on the National Assembly to consider a six-year single-term limit for the President and state governors. This proposal, detailed in a memorandum addressed to the Senate Committee on Constitutional Review, is aimed at enhancing political stability and reducing the high-stakes competition for re-election. Atiku Abubakar’s recommendation suggests…
President Bola Tinubu is set to depart Abuja on Wednesday, October 2, for the United Kingdom (UK), where he will embark on a two-week vacation, which forms part of his yearly leave. The trip was confirmed through a statement issued by Bayo Onanuga, Special Adviser to the President Tinubu on Information and Strategy. According to…
The Economic and Financial Crimes Commission (EFCC), Benin Zonal Directorate, announced the arrest of 24 suspected internet fraudsters in a major crackdown on cybercrime activities in Benin City. The operation took place on Monday, September 30, 2024, following credible intelligence linking the suspects to computer-related fraud. According to the EFCC, the arrests were made across…
