The Central Bank of Nigeria (CBN) set the tone for a significant shift in the country’s banking landscape, proposing a substantial increase in the capital base of Deposit Money Banks (DMBs). Governor Dr. Olayemi Cardoso articulated this at the 58th Annual Dinner of the Chartered Institute of Bankers of Nigeria. The move aims to align…
Nigeria’s Fuel: In a recent statement from S&P Global, concerns have been raised over potential cost increases for Nigeria’s petrol and diesel imports. This issue arises following the announcement by Netherlands and Belgium, key suppliers of Nigeria’s fuel, regarding plans to elevate specifications and quality standards for their exports. This move is part of environmental…
The Premier League and the FA have launched investigations into potential financial rule breaches by Chelsea FC during the ownership tenure of Roman Abramovich. This inquiry follows Manchester City’s ordeal earlier this year, where they faced 115 charges related to alleged breaches of the Premier League’s financial rules, which the club adamantly denied. The severity…
President Biden‘s much-anticipated meeting with Chinese President Xi Jinping is scheduled for next Wednesday in the San Francisco Bay Area, signaling a critical juncture in the complex and strained relations between the two global powers. Despite not expected to result in a major breakthrough, the fact that the meeting is happening at all is viewed…
Last night in the Republican primary debate, former President Donald Trump’s challenger, Vivek Ramaswami, faced a crucial opportunity to differentiate himself from the former president and lay out his vision for the party’s future. However, the debate took an unexpected turn as Ramaswami directed a barrage of criticism towards the moderator, Kristen Welker, leaving many…
CAF, The Confederation of African Football (CAF) unveiled the list of nominees for the 2023 African Player of the Year awards. This prestigious event, set to take place on December 11, 2023, in Marrakech, Morocco, has captured the attention of football enthusiasts across the continent. The list includes 30 top players vying for the title…
President Biden in a candid and exclusive interview with Scott Pelley on CBS’s “60 Minutes,” expressed his views on the recent events in the Middle East. The conversation touched upon the Israeli-Palestinian conflict, with President Biden taking a stance that emphasizes a cautious approach towards Israel’s actions in Gaza. He stated that he believes that…
Inside the Chaotic Battle for Speaker of the House Hakeem Jeffries [October 15th, 2023]- The recent turmoil within the U.S. House of Representatives has dramatically shifted the spotlight to the tumultuous House Republican leadership struggle. A contentious dispute ensued as Republicans grappled with the pivotal decision of selecting their next Speaker, ultimately resulting in Steve…
After his stint in the “culinary academy of crime serving the likes of Putin,” Prigozhin swapped his felonious apron for a chef’s hat and embarked on a new career – culinary genius.
As the dust settled, Niger found itself at a crossroads. The junta was strutting its stuff, but the stage was shaky. Supporters of Bazoum were like, “We’re not clapping for that!” with mass demonstrations in the works.
