Despite the economic hardship being experienced by majority of Nigerians, banks’ vaults are bustling with customer deposits. The latest report of the Central Bank of Nigeria, CBN, on money and credit situation in the country shows that banks’ demand deposits in the first nine months of this year rose by 16.5 percent to N31.08 trillion…
The Economic and Financial Crimes Commission has arrested 54 suspected internet fraudsters in separate operations in Rivers and Adamawa states. In a statement posted on X.com on Wednesday, the EFCC disclosed that 33 suspects were apprehended at their hideouts around the Iwofe and Ogboro areas in Port Harcourt, Rivers State. The sting operation, carried out…
Some social media users have claimed that the Federal Bureau of Investigation (FBI), an American security agency, has arrested 80 Nigerians who are all from the same ethnic group for criminal activities. On September 13, @NoNonsensezone, an X account, posted a series of tweets containing an excerpt from a CBS report in which Nick Hanna,…
A 60-year-old White South African farmer identified as Zachariah Johannes Olivier, and his two workers, Adrian de Wet, 19, and William Musora, 50, have been accused of killing two Black women, Maria Makgato, 45, and Lucia Ndlovu, 34, and feeding their bodies to pigs. The alleged murder of the two Black women has sparked outrage…
Africa has a wide range of currencies across its countries, each with its own history and reasons for being one of the strongest in the world. Despite facing challenges, some African currencies have managed to hold their value against the US dollar. Let’s take a look at the top 10 strongest African currencies and what…
Italian referee, Fabio Maresca has been suspended from officiating UEFA Champions League (UCL) games after allegedly threatening to kill a player. Maresca also faces a potential one-month suspension from Italian Serie A refereeing duties. According to Corriere della Sera, the incident happened in the face-off between Kuwait SC and Al-Arabi when Maresca was confronted by…
The Federal Government has announced value added tax (VAT) exemptions for various energy products, including diesel, Liquefied Natural Gas (LNG), Compressed Natural Gas (CNG), and electric vehicles, among others, in order to reduce prices. This is contained in a statement by The Minister of Finance and Coordinating Minister of the Economy Mr. Wale Edun, on…
The Defence Headquarters on Wednesday announced the dismissal of a naval rating, Seaman Haruna Abbas, from service for disobeying orders. Abbas’s wife, Hussaina Iliya, had gone on a popular radio station in Abuja to accuse the military of unjustly detaining her husband since 2018. She specifically accused a senior military officer, Brigadier General A.S. Adamu,…
The Governor of Kebbi State, Nasir Idris, on Wednesday, gave a Toyota Land Cruiser each to the four First Class Emirs in the state. Presenting keys to the vehicles to the emirs in Birnin Kebbi, Idris said the aim was to recognise their role as facilitators of peace, security and development in the society. The…
In a heartfelt gesture of appreciation and recognition, Hon. Kevin Solomon Olaolu, the Senior Special Assistant on Students Affairs to the Ondo State Governor, extended warm birthday wishes to Dr. Abiola Oshodi earlier today. The occasion was marked not only as a celebration of Dr. Oshodi’s birthday but also as an acknowledgment of his significant…