The Palace of the Ooni of Ife has condemned the release of a viral video by The Oyo Legacies, which it says misrepresented the cordial interaction between the Ooni of Ife, Oba Adeyeye Ogunwusi, and the Alaafin of Oyo, Oba Akeem Owoade, at the West Africa Economic Summit held in Abuja on Saturday. This was…
Fitch, a global rating agency, has reviewed Nigeria’s long-term foreign-currency issuer default rating (IDR) from negative to stable. IDR is an entity’s relative vulnerability to default (including by way of a distressed debt exchange) on financial obligations. In a statement on Friday, the agency said Nigeria’s outlook was revised to B’, from ‘B-‘. “The upgrade…
Abdul Samad Rabiu, president of BUA Group, has predicted that the naira will strengthen to between ₦1,300 and ₦1,400 to the dollar by the end of the year. Rabiu stated this while addressing journalists shortly after a meeting with President Bola Tinubu at the Presidential Villa in Abuja on Wednesday. Praising what he described as…
The Nigeria Customs Service (NCS) has announced the removal of Value Added Tax (VAT) on Liquefied Petroleum Gas (LPG) also known as cooking gas, and the Compressed Natural Gas (CNG). It also announced zero per cent import duty for the products. Its National Public Relations Officer, Mr. Abdullahi Maiwada broke the news in a press…
Burkina Faso has continued to hold on to a Nigerian military aircraft and the 11 personnel on board, despite repeated diplomatic efforts to resolve the matter. The Federal Government has now stepped in fully as tension around the incident continues to grow. The aircraft, a Nigerian Air Force C-130, had landed in Bobo Dioulasso after…
The Oba of Lagos, His Majesty, Oba Rilwan Akiolu, has condemned what he described as the growing “get-rich-quick” mentality among Nigerian youths, saying that both the Bible and the Quran discourage such practices. “The get-rich-quick syndrome is wrong and should be discouraged. Even the two holy books, the Bible and the Holy Quran, frown at…
Manchester United suffered one of the biggest humiliations in their recent history on Wednesday night, crashing out of the Carabao Cup to League Two side Grimsby Town after a dramatic penalty shootout at Blundell Park. The tie finished 2–2 in normal time, with Grimsby racing into a shock two-goal lead through Charles Vernam and Tyrell…
GISTSMATE MEDIA reports that Nigerian street-hop star, Habeeb Okikiola Badmus, popularly known as Portable, has received an award from the Mayor of Brampton during his visit to the Canadian government house on Tuesday. The singer shared his excitement on his Instagram page, posting photos and videos of the special moment at Brampton’s mayoral office, where…
Following the massive failure experienced by candidates in the recently conducted 2025 Unified Tertiary Matriculation Examination, the Academic Staff Union of Universities (ASUU) has threatened legal action against the Joint Admissions and Matriculation Board (JAMB). Oyibo Eze, the chairman of the University of Nigeria Nsukka chapter of ASUU, on Wednesday, said the union might be…
What started as a minor disagreement between two policemen on special duty at Fenod Company in Samagidi A Community, Delta State, turned into a full-blown physical brawl, leaving one officer severely injured. Eyewitnesses described the shocking scene as a no-holds-barred fight between Inspector Kingsley Hassan and Inspector William John, both of the 18 Police Mobile…
