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BREAKING! CBN Increases Capital Base For Commercial Banks
The Central Bank of Nigeria (CBN) has raised the capital base for commercial banks with international authorisation to N500bn and national banks to N200bn.CBN confirmed this on Thursday, in a statement signed by its Acting Director, Corporate Communications, Sidi Ali.The apex bank’s move mandates substantial increases in the minimum capital base -
*comment*] 50% of Husbands in Nigeria Are Fathering Other Men's Children - Calabar OAP Reveals
Popular Calabar OAP. Kanedrick Kingsley Agwu aka Fada Kane has opined that less than 50% of the families in Nigeria are fathering other men's children.Recall that the broadcaster with FAD93.1 FM Calabar, discovered that he is not the biological father of two children his ex-girlfriend claimed were his after over 20 years.He stated that if eve -
Why I Eventually Became a Woman - Nigeria Crossdresser, Bobrisky Finally Opens up
Nigerian cross-dresser, Idris Okuneye, who is popularly known as Bobrisky, has provided further insights into his journey to becoming a transgender.The controversial Internet personality disclosed that he started crossdressing as a marketing strategy while he was selling unisex clothes during his undergraduate days at the University of Lagos.Speak -
20yr Old Man Arrested For Kidnap, Murder Of Police Officer’s Son In Bauchi
The Bauchi State Police Command has apprehended a suspect in connection with the kidnapping and subsequent killing of 12-year-old Christopher Bala in Magama town, Gumau Local Government Area of the state.Daily Post reports that the victim, who was reportedly abducted on March 21, 2024, while on an errand, is the son of a Police officer, ASP Bala Y -
13 Persons Arrested and Charged to Court For Failing to Use Pedestrian Bridge in Lagos
Thirteen pedestrians were arrested on Thursday in the Oshodi area of Lagos for failure to use the pedestrian bridge. The Commissioner for Environment and Water Resources, Tokunbi Wahab, disclosed this on his official X handle.The arrests were made by operatives of the Lagos State Environmental Sanitation Corps in conjunction with officials of the -
VIDEO: NAFDAC Raids Factory Where Fake Bottled Water is Produced in Port Harcourt
The National Agency for Food and Drug Control NAFDAC has uncovered a counterfeit bottled water operation in Port Harcourt, targeting the popular brand Eva water.Acting on a tipoff, officials raided a dilapidated shop on Pipe Line Road, Eneka, disguised as a pool house, where suspects were found producing the fake water. The operation revealed a di -
See List: Nigeria, Egypt Named Among World’s Lowest Salary Earners
Max Bramwell, the founder of FounderPass, has revealed a ranked list of countries with the highest and lowest average salaries in the World.Bramwell named Nigeria, Egypt, Libya and Tunisia, among others as countries with the lowest average salaries globally.Exploring the factors driving the disparities, Bramwell said: “How does your salary comp -
Air Peace Boss, Onyeoma Says Earning N200k Salary In Nigeria Is Better Than £2000 In The UK
Allen Onyeoma, the CEO of Air Peace, has said that those who earn two hundred thousand Naira monthly in Nigeria are better off than those earning two thousand pounds in the United Kingdom. He said this while appearing as a guest on TVC. Speaking to the host about the economic crisis and strength of the Naira, Onyema said he agrees that the bulk of -
World Cup Kiss Scandal: Disgraced Spanish FA Chief, Luis Rubiales Facing 2.5 Years In Prison
The axed Spanish FA chief who planted an unwanted ki-ss on a Women’s World Cup winner’s lips should be jailed for two-and-a-half years, prosecutors sayDisgraced Luis Rubiales should also pay £85,000 compensation to victim Jenni Hermoso if convicted of sexual assault and covering up the infamous “Kissgate” scandal.The demands were laid out -
'Nigeria Has Suffered Leadership ‘Elephantiasis’ -Tinubu Tells US Congressional Delegation
Bola Tinubu on Wednesday told the United Nations Congressional Delegation that Nigeria as the giant of Africa, has suffered what he described as ‘leadership elephantiasis’ for many years.Tinubu also said that his administration is committed to deepening democracy by ensuring adherence to the rule of law and expediting the sustainable provision -
BREAKING: FG Declares March 29 And April 1 Public Holidays To Celebrate Easter
To commemorate Good Friday and Easter Monday celebrations, the Federal Government has declared Friday, March 29, and Monday, April 1, as public holidays.The Federal Government made the announcement in a statement issued by the Minister of Interior, Olubunmi Tunji-Ojo on Wednesday in Abuja.Speaking through the Permanent Secretary of the Ministry, D -
Full Text Of What Tinubu Said At Funeral Of 17 Soldiers Killed In Delta
TEXT OF AN ADDRESS DELIVERED BY PRESIDENT BOLA AHMED TINUBU AT THE FUNERAL OF THE FALLEN SOLDIERS AT NATIONAL CEMETERY ON WEDNESDAY MARCH 27, 2024Protocols Chief of Defence Staff, Chief of Army Staff and other Service Chiefs, Secretary to the Government of the Federation, Chief of Staff, and other military officers.It is with heavy heart that I jo -
Hope, Prayers Won’t Solve Nigeria’s Problems Says Presidency
The Special Assistant to the President on Public Affairs, Aliyu Audu, on Tuesday, posited that prayers won’t solve the plethora of challenges facing the country.This is as he reiterated the current administration’s commitment to tackling the infrastructural deficit in the country.Recall that on Monday, President Bola Tinubu approved the Renewe -
Nigeria Police Contracted To Frame Blogger, Ijele In Collusion With Zion Prayer Ministry - Sowore Claims
Mr. Omoyele Sowore, the Convener of #RevolutionNow, has alleged that the Nigeria Police Force is plotting to fabricate charges against the detained social media influencer, Mr. Chizorom Harrison Ofoegbu, also known as Ijele Speaks II, in connection with his accusations against Evangelist Ebuka Obi of Zion Prayer Movement Outreach.SaharaReporters h -
'Cursing Nigeria Affects Your Children, Generations' – Police Spokesman, Edafe Warns Nigerians
The Police Public Relations Officer (PPRO), SP Bright Edafe, has urged Nigerians to stop cursing Nigeria.He urged Nigerians to emulate Americans whom he said have the desirable habit of blessing their country.Edafe said this in an X post on Tuesday. “When an American citizen wakes up in the morning, he says God bless America. Here in Nigeria, wh -
"It’s Sad Life Has Become Cheap In Nigeria" – Peter Obi Laments
The presidential candidate of the Labour Party, LP, in the February 18 general election, Mr Peter Obi, on Monday, said it is saddening that life has become cheap in the country.Obi said the regular occurrences of stampede and struggle for food reflect the depth of hunger and starvation in the country.The former Anambra State governor said the nati -
JUST IN: Kidnapped Edo PDP Chairman, Tony Azegbemi Regains Freedom
After eleven days in the hands of his abductors, the Edo State Chairman of the People’s Democratic Party, PDP Dr. Tony Azegbemi has been released.Aziegbemi was said to have arrived his residence at about 3am. The news of his release was broken by Senator Odion Ugbesia at about 6.17 am but it could not be confirmed whether ransom was paid or not -
Man, Chike Ibezim Arraigned For Accusing Fashola of Writing Judgment For President Election Tribunal
The Federal government today March 25 arraigned one Chike Ibezim for allegedly defaming former Minister of Works and Housing, Babatunde Fashola. Ibezim is one of three individuals who took to social media to accuse Fashola of writing the judgments of the presidential election petition court (PEPC) that dismissed the petitions by the Labour Party ( -
BREAKING: CBN Sells Forex To BDCs @N1,251/$1
The Central Bank of Nigeria has issued a circular to BDCs informing them that they sold $10,000 t0 each BDC at a rate of N1,251/$1.In a circular seen by @goldmynetv , each BDC is to sell the dollars to eligible customers at a rate not exceeding 1.5% above the purchase price.This suggest BDC are not expected to sell above N1,269/$1.“We refer to o -
UPDATE; ONSA Confirms Escape Of Binance Executive, Says He Fled Nigeria With Smuggled Passport
The ONSA confirms escape of Binance executive, fled Nigeria with smuggled passport, further says officials responsible for his custody already arrested.Until his escape, Nadeem Anjarwalla, who holds British and Kenyan nationalities and serving as Binance’s Africa regional manager, was being tried by Nigerian courts. The suspect escaped while und -
Oriola Michael Who Renounced Nigeria To Join U.S Navy Dies After Falling Off Ship On Red Sea
Oriola Michael Aregbesola, an Aviation Machinist’s Mate 2nd Class, has passed on.Aregebsola became a sensation in 2020 after renouncing Nigeria to join the U.S. Navy, with claims that the force saw potential in him and made him a sailor.According to a statement by the U.S. Navy on Saturday, the deceased was lost overboard from USS Mason (DDG 87) -
Buhari’s Ex-Aide, Bashir Reacts To Binance Executive Who Escaped From Nigeria Govt Custody
Bashir Ahmad, a former presidential aide, has broken his silence regarding the escape of Nadeem Anjarwalla, a Binance executive, from the custody of the Nigerian government. Anjarwalla, along with Tigran Gambaryan, was detained upon arrival in Nigeria on allegations of tax evasion and other charges.According to reports, Anjarwalla managed to flee -
EXCLUSIVE: Detained Binance Executive, Nadeem Anjarwalla Escapes From Custody In Nigeria
British Binance Executive Escapes Custody in NigeriaIn a startling turn of events, Nadeem Anjarwalla, one of the Binance executives detained in Nigeria on allegations of tax evasion and other offenses, has managed to escape from lawful custody.Reports from Premium Times reveal that Anjarwalla, aged 38 and holding both British and Kenyan citizenshi -
Overhaul Nigeria’s Security Architecture Now - Former VP, Atiku Calls
The 2023 presidential candidate of the Peoples Democratic Party, PDP, Atiku Abubakar, has called for an overhaul of the country’s security architecture to counter the insecurity ravaging the country.Atiku was reacting to the release of students kidnapped from Kuriga in Kaduna State.Commending those responsible for releasing the students, Atiku h -
Video: Stop And Search Turns To Heated Argument Between Nigeria Police And Foreigners
Trending video of some foreigners and men of the Nigerian Police force in a heated argument during a stop and searchThe cause of their heated argument is yet unknown.Details later...Watch the video below...[html] -
Four Persons Feared Dead As Stampede Breaks Out During Ramadan Almsgiving Zakat In Bauchi
Four persons have lost their lives in Bauchi State as a result of a stampede during an almsgiving zakat event for the poor.The stampede occurred at about 10am at the Shafa Holdings Company plc headquarters along Jos Road, on Sunday.A 17-year-old identified as Naima Abdullahi, is currently receiving medical treatment at the Abubakar Tafawa Balewa U -
Over 250 Abducted Kaduna School Children Regain Freedom
The Kaduna State Government has confirmed that the 287 schoolchildren abducted from Kuriga, Chikun Local Government Area, Kaduna State, have regained their freedom.This was revealed in a statement signed by Governor Senator Uba Sani, on Sunday.The statement read in part, “I wish to announce that our Kuriga school children have been released. � -
Adamawa Police Apprehend Six Suspects For Receiving Stolen Tricycles
In a proactive move against tricycle theft, the Adamawa State Police Command has announced the arrest of six individuals suspected of receiving stolen tricycles.According to a statement released by the command's Public Relations Officer, SP Suleiman Nguroje, the arrests were made on Wednesday, March 20, marking a significant milestone in the -
Tragic Accident Claims Mother's Life, Injures Children In Ikorodu
In a heartbreaking incident, a mother lost her life, and three of her children sustained injuries following an accident in the Ikorodu area of Lagos State, confirmed by the Police Public Relations Officer, SP Benjamin Hundeyin.SP Hundeyin verified the occurrence of the accident to the News Agency of Nigeria (NAN) on Sunday, shedding light on the t -
Police In Bauchi Arrest Three-man Gang For Extortion And Threats Of Kidnapping
The Bauchi State Police Command has announced the dismantling of a three-man gang engaged in extortion and threats of kidnapping, following the arrest of the suspects involved.According to the spokesperson for the command, SP Ahmed Mohammed Wakil, ANIPR, the suspects were apprehended for criminal conspiracy, intimidation, threat to life, and attem
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