GISTSMATE 01

REVEALED: How CBN Misappropriated N2.7Trillion Interests On Ways And Means

The Federal Government has accused the Central Bank of Nigeria (CBN) of misappropriating N2.73 trillion in interest payments on Ways and Means advances, spotlighting alleged irregularities in the management of public funds. This revelation came to light through the 2021 consolidated financial statement of the Federal Government, submitted to the National Assembly by the Auditor-General,…

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I’m Not Fela, I’m BIG7 – Burna Boy

Grammy-winning Nigerian artiste Damini Ogulu, aka Burna Boy, has distanced himself from comparisons to Afrobeat legend Fela Kuti, declaring, “I’m not Fela, I’m BIG7.” The statement was part of a series of comments Burna Boy made on Monday via Instagram about authenticity and integrity on social media as the year winds down. In his post,…

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Telecom Operators Threaten To Shutdown Services If Tariff Not Increased

Telecommunications operators in Nigeria have warned that service disruptions are imminent unless tariffs are adjusted to account for escalating operational costs. The Chairman of the Association of Licensed Telecommunications Operators of Nigeria, Gbenga Adebayo, issued the warning in a statement on Monday. Adebayo described the telecom sector as “under siege,” citing soaring operational costs driven…

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“You Used Govt Money To Pay Killer Herdsmen” – Reno Omokri Knocks El-Rufai 

Reno Omokri has criticized former Kaduna State Governor, Nasir el-Rufai, following his recent comments about the Tinubu administration’s use of government funds for the construction of a railway in Lagos. In a scathing tweet on X, Omokri reminded el-Rufai of his controversial admission of using government funds to pay killer herdsmen, accusing him of hypocrisy…

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