Veteran Nollywood actor John Okafor, popularly known as Mr Ibu, has undergone a life-saving amputation procedure. The actor’s family recently released a statement detailing his health struggles, revealing that he had already undergone seven surgeries in a desperate bid to save his life. Mr Ibu’s health issues came to the public’s attention in October, and…
The Nigerian naira has seen a remarkable appreciation on the black market, with the exchange rate reaching N950 per dollar this weekend. This comes as a striking contrast to the N1,200 or N1,300 exchange rates observed just a week ago. The newfound strength of the naira can be attributed to the Nigerian government’s proactive measures…
Distinguished Guests to Commemorate the CBN’s 65th Anniversary The forthcoming event, set to take place in Abuja, will host a distinguished gathering of financial experts, policymakers, and industry leaders. The presence of Vice President Kashim Shettima and CBN Governor Yemi Cardoso underscores the significance of this celebration. Both these eminent personalities are expected to share…
Imo State, Nigeria – Chaos has erupted in Imo State as numerous hotel guests have been left stranded after allegations surfaced that Governor Hope Uzodinma knowingly overbooked all hotels in the state, overriding reservations made months in advance. The scandal has raised questions about the ethics of the governor’s tactics as the upcoming Governorship Election…
The Iyabo Ojo – Verydarkman Feud Unveiled In a recent and highly publicized feud that has taken the social media world by storm, popular Nigerian actress Iyabo Ojo and Instagram sensation Verydarkman, whose real name remains a mystery, are embroiled in a bitter battle of words. The catalyst for this clash? Allegations of bias, personal…
“I’d Rather Get You Sacked Than Lose My Job,” Festus Keyamo Warns Aviation Chiefs In a stern and uncompromising address to the chief executives of aviation agencies under his Ministry, Mr. Festus Keyamo, the Minister of Aviation and Aerospace, declared, “I’d Rather Get You Sacked Than Lose My Job.” The message was delivered during a…
The Minister of Power, Adebayo Adelabu, along with his entourage, experienced a harrowing incident when the aircraft they were aboard crash-landed in Ibadan, the capital of Oyo State. On the morning of November 3, 2023, the aircraft, registered as 5N-AMM, veered off the runway and came to a stop in a nearby bush. Thankfully, no…
In a recent press statement issued on November 2, 2023, Isa AbdulMumin, PhD, Director of Corporate Communications on behalf of the Central Bank of Nigeria (CBN), addressed concerns regarding the alleged scarcity of cash in the country’s banking system. The CBN has responded to reports of cash shortages in banks, ATMs, Points of Sale (PoS)…
The recent public outcry over the inclusion of a line item in the 2023 Supplementary Appropriation labeled as the “Presidential Yacht” has prompted the Federal Government of Nigeria to provide much-needed clarifications. Presidential Yacht Explained In a press release by Bayo Onanuga, Special Adviser to the President of Nigeria on Information & Strategy, several key…
In a shocking turn of events, the management of Obafemi Awolowo University (OAU), Ile-Ife, has announced that it is currently in discussions with officials from the Economic and Financial Crimes Commission (EFCC) after the arrest of 69 suspected Internet fraudsters, a significant number of whom are students of the university. This development has sent shockwaves…
