Naija news headlines & latest celebrity gists from Nigeria, covers subjects of sports, politics, celebrities and latest news headlines
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Naira Abuse: Stay Out Of EFCC Wahala – Cubana Chief Priest Advises After Resolving Case
Nigerian celebrity barman and businessman, Pascal Chibuike Okechukwu, popularly known as Cubana Chief Priest, has narrated his ordeal with the Economic Financial Crime Commission EFCC.The EFCC and the famed socialite have achieved an out-of-court settlement of an alleged naira misuse case filed against him.The out-of-court settlement was made publ -
"It’s Naira Govt Said We Shouldn’t Spray, Not Perfume" - Comedian Sabinus Warns Fans
Nigerian comedian Sabinus, popularly known as Mr Funny, has taken to social media to address Nigerians’ decreasing use of perfume and body spray.Sabinus noted the Nigerian government’s caution against spraying money, relating it with the neglect of personal hygiene practices such as using fragrance and shaving armpits.Expressing concern, Sabin -
Naira Abuse: Court Fixes Date For Report Of Settlement In Case Against Cubana Chief Priest
A Federal High Court in Lagos has fixed June 5 for a report of settlement in a case against celebrity bartender, Pascal Okechukwu, popularly known as Cubana Chief Priest, over alleged abuse of the naira.The Economic and Financial Crimes Commission (EFCC) had on April 17 arraigned Okechukwu on three counts of allegedly spraying and tampering with t -
BDCs President, Gwadabe Reveals How Naira Can Return To Below N1,000 Per Dollar In An Exclusive Interview
The National President of the Association of Bureaux De Change of Nigeria, ABCON, Dr Aminu Gwadabe, in this exclusive interview with DAILY POST’s Correspondent, Ariemu Ogaga, speaks on the reason for recent Naira depreciation and solutions to attaining foreign exchange stability in Nigeria. Excerpts:In the past two weeks, Naira depreciation res -
The Biggest Mess Created In 2023 Was Devaluation Of Naira – Aliko Dangote
Aliko Dangote, the Chairman of Dangote Industries Limited, recently addressed shareholders during the annual general meeting of Dangote Sugar Refinery Plc, shedding light on the hurdles faced by the company in 2023. Chief among these challenges was the devaluation of the Nigerian Naira, which he described as the "biggest mess" for both D -
VIDEO: Nigerian Lady Shows Off Naira Notes She Picked At Various Nightclub
A Nigerian lady has taken to TikTok to show off bundles and wraps of 100 naira notes she has picked up at various nightclubs.The video, recently shared on her page, is captioned: “Unto say I pick money for club.” In the video, the lady could be heard thanking God while also addressing someone who advised her against picking up #100 note -
Naira Strengthens As It Gains N28.15 Against Dollar
The Naira ended April on a positive note, strengthening by N28.15 against the dollar to trade at N1,390.96.Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), revealed that the gain represented a 1.98 per cent appreciation for Naira.The percentage increase -
Controversial Pastor, Indaboski Bahoose Pledges To Bolster Naira, Targets Dollar Crash On Return From UK Show (Video)
Upon his return to Nigeria following a highly publicized event in the United Kingdom, Pastor Chukwuemeka Odumeje, popularly known as Indaboski Bahoose, has set tongues wagging with his ambitious pledge to once again influence the currency markets, vowing to fortify the Naira and drive down the Dollar.Prior to his sojourn to the UK, Pastor Odumeje& -
“My Hatred For Mohbad Keeps Increasing” - Naira Marley’s Associate Causes Stirs
An associate of Naira Marley, Law Lee has made headlines after revealing his hatred for the late Mohbad has increased. Nigerian artist Naira Marley, is back in the headlines following a disparaging remark made by one of his associates, Law_lee101, on the late Oladimeji Aloba, also known as Mohbad.Recall that Naira Marley and his group have been un -
Traders Count Losses As Fire Destroy Goods Worth Billions Of Naira In Edo
Traders at Ekiosa Market in Benin City, Edo State, have begun tallying their losses in the wake of the fire that engulfed a section of the market in the early hours of Tuesday.Daily Post reports that the market, located by Third Junction, Murtala Muhammed Way, has about 20 shops housing various items estimated to be billions of naira, destroyed by -
Naira Slumps Against Dollar To N1,300 In Official Market
The Naira depreciated on Tuesday, April 23, in the Nigerian Foreign Exchange Market, NAFEM, to N1,300.15 per dollar, exceeding the parallel market rate by N45.15. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,300.15 per dollar from N1,234.49 per dollar last week Friday, indicating N65.66 depreciation for the naira. S -
Niger: Gov Bago Dragged For Spraying Naira Notes At Citizens
Governor Mohammed Umar Bago of Niger State has attracted backlash after a video of him throwing naira notes at his supporters emerged on the internet.Bago was seen standing through the roof of a moving vehicle and throwing the notes in the air as his supporters scrambled to pick them.His action has infuriated citizens of the state including civil -
Naira Abuse: I’m Only Artist Who Stops Supporters From Spraying Me Says Seun Kuti
Seun Kuti, a Nigerian artist, has claimed that he is the only musician in Nigeria that prevents fans from spraying him with cash notes while playing.He further alleged that many performers, particularly fuji musicians, laud people in songs during their performances solely so they can be sprayed.Kuti made the assertions in the context of the Econom -
Comedian, AY Makun Splashes Millions of Naira on Brand New Range Rover Amid Divorce Saga
Ayodeji Richard Makun, also known by his stage name A.Y, is a Nigerian actor, comedian, radio and TV presenter, writer, producer and film director has purchased a foreign used 2019 Land Rover Range Rover Vogue 5.0 V8 Autobiography a few days after years of trying to knit and weave the fabric of their 15-year-old marriage together, the seam has fin -
VIDEO: Zinoleesky Acquires A Multimillion Naira Mansion For His 24th Birthday
Nigerian singer, Zinoleesky reportedly acquires a massive mansion worth over N500 million for his 24th birthday todayZinoleesky acquires a multimillion naira mansion for birthday Malian record boss, Naira Marley shared the video of his acquisition on Instagram.The duo were seen dancing and celebrating in the video.Naira Marley wrote in the caption -
Lawyer With BSc Drops A Memo For EFCC & Nigerian Lawmakers Over Naira Abuse Brouhaha
Comedian Mr Jollof dropped a serious but funny message on Instagram for the Economic and financial crimes commission.....Netizens are asking him what his degree is.....He says ' 'Abuse of Naira doesn’t affect the price of garri in the market. Our law makers should amend laws that is strict on the citizens not only sharing constituency -
'They’ve Lost Focus' - Charly Boy Blasts EFCC Over Recent Fight Against Naira Abuse
Charles Oputa, often known as Charly Boy, a popular Nigerian activist, has slammed the Economic and Financial Crimes Commission (EFCC) for charging businessman Cubana Chiefpriest with Naira abuse.He accused the anti-corruption agency of engaging in “frivolous shenanigans to distract Nigerians.”He then questioned why the EFCC is pursuing people -
Video of Davido, Shallipopi Spraying Naira Notes Hits The Internet Amid EFCC Crackdown
Operatives of the Economic and Financial Crimes Commission have been tagged to recent video of Nigerian singer Davido and Shallipopi spraying money at a club. This followed EFCC's crackdown on naira abusers after it jailed socialite Bobrisky for abusing the naira.In the trending video, Shallipopi was seen spraying money alongside Davido. Reca -
Alleged Naira Abuse: Singer, Davido Reacts To Cubana Chief Priest’s Bail
Singer Davido has reacted to the N10 million bail granted socialite Pascal Okechukwu, aka Cubana Chief Priest after he pleaded not guilty to alleged naira abuse.Gistmania reports that Cubana Chief Priest, who was arraigned before Justice Kehinde Ogundare of the Federal High Court, Lagos, on Wednesday, by the Economic and Financial Crimes Commissio -
Alleged Naira Abuse: Nigerians React To Arraignment & Bail Of Socialite Cubana Chief Priest
Nigerians are reacting to news of Justice Kehind Ogundare of the Federal High Court in Lagos granting N10 million bail to businessman, Pascal Okechukwu, also known as Cubana Chief Priest. EFCC had filed a three-count charge against Cubana Chief Priest for abusing the naira at a social event, an act said to be contrary to the provisions of the Cent -
EFCC Has No Power To Prosecute Naira Abusers Says Ex NHRC Chairman, Odinkalu
Former Chairman of the National Human Rights Commission, NHRC, Professor Chidi Odinkalu, has said that the Economic and Financial Crimes Commission, EFCC, does not have the powers to prosecute Naira abusers.He berated the anti-graft agency for arresting crossdresser Okuneye Idris Olanrewaju (alias Bobrisky), who was convicted and jailed for six mo -
BREAKING: Cubana Chief Priest Pleads Not Guilty To Naira Abuse, Granted N10m Bail
In a recent development at the Federal High Court in Lagos State, businessman and socialite, Pascal Okechukwu, popularly known as Cubana Chief Priest, has been granted bail.The court, presided over by Justice Oluwatoyin Taiwo, approved a bail sum of N10 million for Cubana Chief Priest, along with two sureties who must provide the same amount. This -
24Yr Old Enugu Man, Okonkwo Arrested For Spending Fake Naira Notes
A 24-year-old man Mmaduabuchi Okonkwo has been arrested at the Old IMT Bus Stop, Abakaliki Road, Enugu, for possessing and carrying out transactions with fake Naira notes.Okonkwo was arrested by police operatives serving in Abakaliki Road with the support of law-abiding citizens on 10 April, 2024.Okonkwo who is a resident of Mkpologu, Emene, Enugu -
Naira Abuse: Actor, Seun Jimoh Slams EFCC For Scapegoating Celebrities
Nollywood actor, Seun Jimoh has accused the Economic and Financial Crimes Commission, EFCC, of “scapegoating” celebrities in its ongoing clampdown on Naira abusers.He was reacting to the news that the commission is set to arraign popular socialite, Pascal Okechukwu, aka Cubana Chief Priest for Naira abuse days after crossdresser, Bobrisky was -
EFCC To Arraign Celebrity Barman, Cubana Chief Priest For Naira Abuse
The allegations brought against Cubana were submitted on April 4th by EFFC prosecutor Rotimi Oyedepo (SAN) and a team of seven other lawyers representing the Commission’s Chairman.In Count 1, it was alleged, “that you, Okechukwu Pascal on 13th Feb. 2024, at Eko Hotel, within the jurisdiction of the court, while dancing during a social event, -
BREAKING NEWS: Nigeria's Inflation Rate Hits 33.20%, Despite Naira’s Rebound
Despite Naira’s rebound, Nigeria’s inflation rate jumped to 33.20% in March 2024 compared to February 2024 headline inflation rate which was 31.70%.This was according to the National Bureau of Statistics (NBS)’s Consumer Price Index (CPI) report released on Monday. “Looking at the movement, the March 2024 headline inflation rate showed an -
"Several Celebrities Involved In Naira Abuse Are Under Investigation" — EFCC Reveals
The Economic and Financial Crimes Commission (EFCC), on Sunday, revealed it is investigating several celebrities who may have been involved in Naira mutilation.Dele Oyewale, the EFCC’s spokesperson, via a statement said some of the celebrities have been summoned by the Commission and have made useful statements.The EFCC noted that the agency is -
Tekno Appreciates Kizz Daniel's Generosity: Receives Close To A Billion Naira For "Buga"
In a surprising revelation, Nigerian singer Tekno has shared details about his collaboration with Kizz Daniel on the hit track "Buga," disclosing that he received substantial financial support from the renowned artist.Despite the absence of a prior legal agreement, Tekno took to social media to express his gratitude towards Kizz Daniel f -
Ask Bob For Update - EFCC Taunts Bobrisky as it Warns Nigerians Against Abuse of Naira
The Economic and Financial Crimes Commission (EFCC) on Friday issued a warning against the mutilation of naira notes. This is coming after the agency received backlashes for securing the conviction of Idris Okuneye, popular crossdresser known as Bobrisky and sparing other prominent Nigerians for the same offence. In a social media post published b -
Nigerians Groan as Prices of Food Items Remain High Despite Significant Rise In Naira Value
Nigerians have continued to express their displeasure with market women and traders who have refused to reduce the value of their food items, just as the Naira continues to strengthen against the dollar at the Forex market.The prices of food items and other commodities had increased significantly over the past months as the value of the country’
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