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,…
The World Bank has released a $1.5bn loan to Nigeria following the Federal Government’s implementation of a few of its economic reforms, including removing fuel subsidies and introducing tax policies. This was after the apex bank said it had approved two operations: $1.5 billion for the Nigeria Reforms for Economic Stabilization to Enable Transformation (RESET)…
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,…
The Academic Staff Union of Universities (ASUU) has explained why it had not declared a nationwide strike yet after several months of threat to do so. The President of the union, Professor Emmanuel Osodeke, confirmed to Nigerian Tribune in an exclusive interview at the weekend that the union deliberately delayed the proposed industrial action for…
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…
GISTSMATE MEDIA reports that the death toll from a road accident in southern Ethiopia has risen to at least 71, according to a local police official. In a Facebook post late Sunday, the Sidama Police Commission Traffic Prevention and Control Directorate said that “68 males and three females are known to have died in the…
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…
A Chinese court sentenced a teenage boy to life in prison on Monday for murdering his classmate, capping a case that sparked a national debate over the treatment of juvenile offenders. Three suspects, all aged under 14 at the time of the murder, were accused in April of bullying a 13-year-old classmate surnamed Wang over…
The Olota of Ota Awori Kingdom, Oba (Prof) Abdulkabir Obalanlege, has returned from the United Kingdom to address a reported clash between Egungun worshippers and military personnel in Ota, Ado-Odo/Ota Local Government Area of Ogun State. The incident, which occurred on Friday, December 27, reportedly sparked tension in parts of the town for three days….
Jimmy Carter, the 39th President of the United States, has passed away at the age of 100, as confirmed by the Carter Center, an organisation he founded to promote democracy and human rights globally. Carter, a former peanut farmer, made history by living longer than any other US president, and had celebrated his 100th birthday…