Outstanding $7 Billion n FX Cleared – CBN Gov, Cardoso Says

Governor of the Central Bank of Nigeria, Olayemi Cardoso, announced on Wednesday that the Federal Government has cleared the outstanding $7bn foreign exchange backlog to various firms following a successful verification exercise by forensic auditors. Cardoso disclosed this at the launch of Nigeria’s Regulatory Policy Framework organised by the Presidential Enabling Business Environment Council. The…

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P-Square: Peter Okoye Calls Out Brother, Paul, For β€˜Discrediting’ His ContributionsΒ 

GISTSMATE MEDIA reports that the Peter Okoye, one-half of the popular Nigerian music duo P-Square, has responded to his brother Paul’s recent interviews, where he claimed to have written and sung 99% of their songs. Peter expressed disappointment and hurt over Peter’s constant discrediting of his efforts in the group. In an open letter on…

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Funke Akindele’s β€˜Behind The Scenes’ Becomes West Africa’s Highest-grossing Film

Actress and filmmaker Funke Akindele’s movie β€˜Behind The Scenes’ has officially become the highest-grossing film of all time in West Africa, surpassing her own 2024 release β€˜Everybody Loves Jenifa’, which made N1.8bn in cinemas. As of Monday, the film grossed over N1.77 billion in under four weeks, breaking multiple records, including the highest single-day gross…

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