The Central Bank of Nigeria has directed Deposit Money Banks and other financial institutions to refund customers for failed Automated Teller Machine transactions within 48 hours, in a sweeping reform aimed at protecting consumers and restoring confidence in the banking system. The directive is contained in a draft guideline released by the apex bank on…
Muhammad Sanusi II, Emir of Kano and former governor of the Central Bank of Nigeria (CBN), says the removal of the petrol subsidy prevented Nigeria from sliding into bankruptcy. Sanusi made the remarks on Saturday at the second edition of the Kano International Poetry Festival (KAPFEST), organised by the Poetic Wednesdays Initiative. The monarch described…
The Lagos State Police Command on Thursday revealed that a self-acclaimed “Obi of Lagos,” Engr. Chibuike Azubike, attempted to use the botched installation and unveiling of a purported ₦1.5 billion palace to defraud unsuspecting members of the public. Preliminary investigations also revealed that Azubike, who has been parading himself as an engineer, was never trained…
It appears the days children from average homes look up to the Yuletide season as a period they get new clothes, mostly ready-made ones, which distinguish them from the less privileged ones, are gone. Today, the line between the rich, average and even poor homes is out. The present economic condition has levelled levels. Many…
Convicted billionaire kidnapper Chukwudumeme Onwuamadike, popularly known as Evans, has applied for a plea bargain and clemency before the Lagos High Court, Ikeja. His new lawyer, Chief Emefo Etudo, informed the court of the application shortly after Evans was re-arraigned on a five-count charge of kidnapping and murder, brought by the Lagos State Government. Appearing…
The Senior Special Assistant to Osun State Governor on Community Engagement, Hon. Sulaimon Musa Olalekan has called the children the future hope on occasion of Children’s Day Celebration. Hon. Sulaimon maintained that childrens are innocent, and wonderful gifts that must be cherished. He said, “Today, we celebrate the joy, innocence, and boundless energy that children…
The cost of importing premium motor spirit, popularly known as petrol, into Nigeria has increased to N885 per litre, up from N797 per litre recorded last week. The Major Energy Marketers Association of Nigeria (MEMAN) confirmed this rise in its daily energy bulletin released on Wednesday. This marks an increase of N88 per litre within…
A young lady has caused a stir online after a video surfaced showing her tearing out lines from a page of her final year project work. The lines, which originally carried the acknowledgements, had her ex-boyfriend’s name boldly written as one of those she appreciated during her academic journey. The clip quickly circulated sparking conversations…
The Nigeria Police Force on Saturday expressed strong opposition to the use of its official uniform and accoutrements for a skit by an online personality, Mr. Martins Otse, popularly known as VeryDarkMan. VeryDarkMan posted the video of the skit in which he was dressed in black police uniform his social media platforms. But while expressing…
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has claimed that a former Secretary to the Government of the Federation (SGF), Babachir Lawal, turned against President Bola Tinubu after he was allegedly overlooked for the position of vice president. “When Mr President chose his vice-presidential candidate, I was one of those Babachir Lawal…