Category: National
CBN permits BDCs to buy $25,000 weekly to meet Yuletide demands
The Central Bank of Nigeria has granted temporary permission to Bureau de Change operators, to purchase up to $25,000 in foreign exchange weekly from the Nigerian Foreign Exchange Market, which was launched earlier this month.The arrangement will be in effect from December 19, 2024, to January 30, 2025.A circular dated December 19, 2024, and signed…
#PrivacyBreach: Court Of Appeal Orders MTN To Pay N15M To Subscriber For Illegal Airtime Deductions Via Unsolicited Services
The Court of Appeal sitting in Abuja, on Friday, ordered MTN Nigeria Communications Limited to pay N15 million damages over the unlawful deduction of a subscriber’s airtime through unsolicited services. The appellate court, in a unanimous decision by a three-member panel of Justices, described as fraudulent, the regular deduction of airtime of customers by the…
Doris Ogah wins 45th Miss Nigeria Beauty pageant
Nigerian lawyer and model, Doris Esiokhayamhe Ogah, who represented the South-South region at the 2024 Miss Nigeria Beauty Pageant, has been crowned winner of the competition. The 45th edition of the annual Miss Nigeria Beauty Contest themed “Beyond Beauty: Reigning Together as Queens” was held on Thursday night, December 19, at the Royal Box in…
Court Of Appeal Sacks Anyanwu, Upholds Okoye As PDP National Secretary Over Dual Claims
The Court of Appeal sitting in Enugu has sacked Senator Samuel Anyanwu as the National Secretary of the People’s Democratic Party (PDP) and declared Rt. Hon. Ude Okoye as the substantive National Secretary. The ruling affirms the earlier judgment of the Enugu State High Court, which had removed Anyanwu and upheld Okoye’s nomination by the…
Osofisan’s “Once Upon Four Robbers” thrills Lagos theatre lovers at MUSON Centre, Dec 21, 22
With a stellar cast of top-notch stage and screen performers, including Tunji Sotimirin, Yemi Shodimu, Francis Onwochei, Ropo Ewenla, Bukky Ogunnote, and others, the performance spiced with lavish spectacles – music, dance, poetry and more — is expected to set the mood for a theatre-filled Yuletide in Nigeria’s prime city of culture production and expression…
CHAN: Rabiu Ali, Alimi, others make Super Eagles B final squad to face Ghana
SUPER EAGLES B caretaker head coach Daniel Ogunmodede has included veteran Rabiu Ali, defender Sadiq Ismail and striker Sikiru Alimi in the final 18-man squad for Sunday’s 8th African Nations Championship (CHAN) qualifying fixture against Ghana’s Black Galaxies in Accra. The Remo Stars head coach also selected goalkeeper Henry Ozoemena, defender Victor Collins and forward Abubakar…
Bitcoin Fell Sharply On Friday Amid Broader Investor Caution Toward Risk Assets.
Bitcoin traded at around $27,808.07 at 6:57 a.m. ET on Friday, down around 9% from 24 hours before where it was priced above $30,000, according to Coin Metrics. The cryptocurrency hit an all-time high above $32,000 just this week, but has since sold off aggressively. The Federal Reserve rattled markets in recent days, as it…
Businesses project naira depreciation into Q1 2025 — CBN
THE Central Bank of Nigeria (CBN) has reported that businesses, while optimistic about the macroeconomic environment, anticipate further depreciation of the naira this month and in the first quarter of 2025. In its Business Expectation Survey Report for November 2024, the bank noted that firms’ outlook on various aspects, including business activity levels, financial conditions,…
FCT: Buhari not owner of seized land – Garba Shehu
FORMER President Muhammadu Buhari does not “personally” own the land that has been revoked in the Federal Capital Territory, according to his spokesperson, Garba Shehu. Buhari’s name appeared in a report yesterday that detailed the decision by Federal Capital Territory Minister Nyesom Wike to revoke land titles held by several high-profile individuals. In response, Shehu…
NLC gives 14-day ultimatum to police, Edo govt to vacate premises
THE National Executive Council (NEC) of the Nigeria Labour Congress (NLC) has given the Edo State government a 14-day notice to vacate its secretariat in Benin City. This ultimatum was detailed in a statement signed by President Joe Ajaero and General Secretary Emmanuel Ugboaja following the NEC meeting held in Owerri, Imo State, yesterday. The…
Raining curses on someone online is criminal offence – FPRO
THE Public Relations Officer of the Nigeria Police Force, Olumuyiwa Adejobi, has stated that directing curses at individuals online constitutes a criminal offense punishable by law. According to Adejobi, such actions amount to cyberbullying, which extends beyond the boundaries of free speech or constructive criticism. He wrote, “Directly cursing someone online is cyberbullying, not an…
The essential Ben Tomoloju… Friends, associates, mentees fete quintessential artist at 70
What I want to do when I’m still alive is to achieve God’s project that He has assigned me to do. And at the age of 12 I actually asked God: what am I here for? I’m not expressing ego. I asked God what I was here for, and I was instructed: You will use…
2025 budget: Tinubu, Shettima’s trips, refreshments to gulp N9.4b
PRESIDENT Bola Ahmed Tinubu and Vice President Kashim Shettima will spend N9.36 billion on local and foreign travel as well as refreshments in the coming year. This is contained in the details of the 2025 Appropriation Bill released by the Ministry of Budget and Economic Planning. The president had, on Wednesday, present the N49.7 trillion…
50% salary cut: Reps to return N704m to Tinubu
The House of Representatives will, on December 31, 2024, present the sum of N704.91 million to President Bola Tinubu for the benefit of vulnerable Nigerians, as part of efforts to alleviate the economic hardship caused by the removal of the petrol subsidy. The lawmakers had on July 18 resolved to slash their salaries by 50%…
US Diplomats arrive Syria to meet victorious rebels
US envoys have arrived in Syria to speak directly to the new Islamist-led rulers, the State Department said Friday, in the most formal US diplomatic mission since the start of the long civil war. The diplomats will meet representatives of Hayat Tahrir al-Sham (HTS) — designated a terrorist group by Washington — and civil society…
Magistrate Court Grants ₦30m Bail To Farotimi Following Dramatic Hearing With Phone Call And Missing Documents
In an unexpected turn of events during Friday’s proceedings at the Ekiti State Magistrate Court in Ado-Ekiti, bail was granted to prominent activist Dele Farotimi following a hearing marked by several unforeseen interruptions and delays. The session commenced with discussions regarding the eligibility of a Senior Advocate of Nigeria (SAN) to appear before the magistrate…
Tinubu, Atiku, Ooni, others mourn Ibadan stampede victims, demand Probe
PRESIDENT Bola Tinubu has mourned the victims of the tragic incident at a children’s funfair in Ibadan, Oyo State, which claimed innocent lives and left many others injured. A day after the tragic incident, 35 minors have been confirmed dead in a stampede at a funfair held at Islamic High School, Orita Bashorun, the state…
Magistrate Court Grants ₦30 Million Bail To Farotimi Following Dramatic Hearing With Phone Call And Missing Documents
In an unexpected turn of events during Friday’s proceedings at the Ekiti State Magistrate Court in Ado-Ekiti, bail was granted to prominent activist Dele Farotimi following a hearing marked by several unforeseen interruptions and delays. The session commenced with discussions regarding the eligibility of a Senior Advocate of Nigeria (SAN) to appear before the magistrate…
LAGOS: Assembly debunks awarding N17b contract for gate project
THE Lagos State House of Assembly (LAHA) has debunked the allegation made by Lagos State Anti Corruption Coalition, an anti-corruption coalition that it awarded a N17billion contract for the construction of the Assembly’s gate,and described it as unfounded the allegation. The Chairman, House Committee on Information, Security and Strategy, Hon. Stephen Ogundipe made the…
Actress Etinosa Idemudia marries for third time
ACTRESS and filmmaker Etinosa Idemudia has remarried for the third time. The single mother of one recently announced that she is giving love another chance and has tied the knot with her Caucasian partner. She took to her Instagram Stories to share a photo from their civil wedding ceremony at the Ikoyi Registry in Lagos.…