Justice Nicholas Oweibo of the Federal High Court in Ikoyi, Lagos, has approved the Federal Government's request to withdraw the charge of "illegal possession of firearm and possession" against the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. This legal manoeuvre has raised eyebrows and left many ...

In what has become a concerning pattern of undermining justice, the detention of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele under the administration of President Tinubu has raised significant questions about the rule of law and the fight against corruption in Nigeria. The circumstances surrounding Emefiele's arrest, coupled ...

On Wednesday President Tinubu finally released a list of his ministers and their portfolios. Not all the minsters were agreed by stakeholders as round pegs in round holes. Questions have been raised about the fitness of some of them to administer the ministry that have been handed to them, irrespective ...

The recent conference titled "Our Nurses, Our Future" highlighted Nigeria's battle with brain drain in the nursing sector. At the event, attended by dignitaries including Abubakar, it was acknowledged that Nigeria ranks seventh among countries grappling with a severe shortage of health workers. Abubakar emphasized the necessity of a migration ...

In a bid to address the exodus of Nigerian nurses seeking greener pastures abroad, the government has taken a step that seems more like a band-aid solution for a gaping wound. Dr Faruk Abubakar, Registrar/Chief Executive Officer of the Nursing and Midwifery Council of Nigeria, has said that government working ...

Nigeria's presidential tradition of overseeing the Petroleum Ministry continues as President Bola Tinubu takes charge of the portfolio. Following the footsteps of his predecessors, Tinubu's decision to personally manage the sector has raised eyebrows and prompted discussions about the rationale behind this unconventional approach. Since 1999, Nigerian presidents have shown ...

Celebrating the impressive performance of Imo-born talents in the recent 2023 FIFA Women’s World Cup, Governor Hope Uzodimma expressed his admiration for the Super Falcons of Imo origin, including Chiamaka Nnadozie, Desire Oparanozie, Osinachi Ohale, and Tochukwu Oluehi. These players showcased their skills on the global stage, reflecting the resourcefulness ...

President Bola Tinubu has affirmed his dedication to fostering a more conducive business environment in Nigeria, assuring investors of ongoing economic reforms that will ease operational challenges. to Boost Nigerian Investment Landscape This assurance was delivered during a meeting with Mr. Ade Adeola, the Managing Director of Energy and Natural ...

Amidst the recent economic shifts and fluctuations in the UK, prospective homebuyers are pondering whether now is the right time to invest in the property market. As inflation rates see a significant drop, questions arise about how this impacts the housing sector, and experts weigh in on the potential implications. ...

The Naira staged a remarkable rebound against the US Dollar yesterday, both in the parallel market and the official Investors and Exporters (I&E) window, following a significant boost to forex supply. The Nigerian National Petroleum Corporation (NNPC) Limited's successful acquisition of a $3 billion facility from AfreximBank has been seen ...

In a significant move, the Presidency unveiled the lineup of ministers who will collaborate with President Bola Tinubu in steering Nigeria's diverse sectors. This unveiling comes as the nation eagerly anticipates the strategic direction this new ministerial team will set for the country's future. Let's delve into the full roster ...

In a surprising twist of events, the Nigerian Naira exhibited a noteworthy surge within the Peer-to-Peer (P2P) market as it broke through the N900 threshold on Binance during the early hours of Tuesday. The USDT/NGN chart reflected a consistent decline from N945 to N890 against the dollar, a shift that ...

Amidst hopes that the burdensome cost-of-living struggle was beginning to ease, inflation took a notable dive on Wednesday, bringing relief to many. The Consumer Prices Index, the primary gauge of inflation, fell to 6.8 per cent in July from June's 7.9 per cent, marking the slowest price escalation since February ...

In a mesmerizing display of skill, passion, and unwavering determination, the England women's team emerged victorious over Australia in the semi-finals of the most anticipated cricket tournament of the year. The match, which unfolded under the brilliant summer sun, was a rollercoaster of emotions that left spectators on the edge ...

In a thrilling clash that will be etched in the annals of football history, the England Lionesses made their mark by defeating Australia, securing their debut Women's World Cup final appearance. This monumental achievement was marked by goals from Alessia Russo and Lauren Hemp, as England triumphed with a 3-1 ...

The suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, alongside a female CBN employee, Sa’adatu Yaro, and her company, April1616 Investment Limited, are set to be arraigned in the Federal Capital Territory High Court, Maitama, Abuja, on charges of N6.9 billion procurement fraud. Emefiele, who had been in detention ...

In a recent development, the echoes of alleged land dispossession have reverberated through Imo State as a committee instituted by the state government delivers a decisive verdict on former Governor Rochas Okorocha. The committee, tasked with recovering land belonging to Alvan Ikoku Federal College of Education, pointed fingers at Okorocha ...

As globalization continues to reshape the world, citizenship by investment (CBI) programs have gained traction as a means for individuals to obtain a second passport by making a financial contribution to a host country. Among the popular destinations for these programs are European countries, each offering distinct benefits and considerations. ...

In today's interconnected world, financial institutions, lenders, and even potential employers often use credit checks to assess an individual's financial health and responsibility. While credit checks can provide valuable insights, allowing a "hard" credit check can come with both disadvantages and benefits. This practice warrants careful consideration as it can ...

As Poland gears up for an upcoming referendum that is causing ripples both nationally and internationally, migrants from Nigeria and other African countries residing in the country are growing increasingly concerned about the potential impact on their lives. The referendum, set to address immigration policies and the integration of foreign ...

In a bid to address growing concerns and speculations about a potential fuel price hike in Nigeria, President Bola Ahmed Tinubu has assured the nation that there will be no increase in the pump price of fuel. Speaking to reporters at the Presidential Villa, Tinubu emphasized his commitment to alleviating ...

Relocating to a foreign country is a significant life decision that demands careful consideration and planning. As a Nigerian contemplating this move, it's essential to evaluate your reasons, expectations, and the potential challenges you might face. This article aims to provide valuable insights for those seeking to make the big ...

The Court of Appeal in Benin City, Edo State, has upheld Julius Abure's position as the National Chairman of the Labour Party. The party's National Publicity Secretary, Obiora Ifoh, announced the decision, noting that the three-member panel of justices ruled unanimously to dismiss the appellant's appeal. The appellant, Lucky Shauibu, ...

The Nigeria Labour Congress (NLC) has issued a strong warning, stating that it will initiate an economy-wide shutdown without prior notice to the government if there is any further increase in the price of petrol. The NLC President, Joe Ajaero, expressed concern over the potential impact of rising petrol prices ...

The Nigerian National Petroleum Company Limited (NNPCL) has addressed concerns about a potential increase in the pump price of petrol. In a statement posted on its official Twitter handle, the company reassured customers that it has no intention of raising the pump price of Premium Motor Spirit (PMS), commonly known ...

The recent approval of 154 digital money lenders by regulatory authorities in Nigeria has opened up a realm of exciting possibilities for entrepreneurs looking to tap into the dynamic world of fintech and financial services. As the country continues to embrace digital innovation, this policy shift not only signals a ...

The impending proposal and steps to be taken by the Central Bank of Nigeria (CBN) to enhance liquidity in the foreign exchange market hold significant consequences for currency speculators in the country. These speculators, who often engage in short-term trading to profit from currency fluctuations, could face challenges as the ...

Nigerian celebrities have strategically leveraged various platforms to enhance their popularity, employing a combination of social media presence, mainstream media coverage, and public opinion to build their brand and engage with their fans. Here's a breakdown of how they do it. Social Media Presence: Nigerian celebrities recognize the power of ...

In a significant development that is poised to reshape Nigeria's foreign exchange landscape, the Central Bank of Nigeria (CBN) has taken a strategic step by renaming the Investors' and Exporters' (I&E) FX Window to the Nigerian FX Exchange Market. This decision comes as part of the CBN's broader efforts to ...

In a monumental move that signals a significant shift in Nigeria's financial landscape, the Central Bank of Nigeria (CBN) has granted approval to 154 digital money lenders to operate in the country. This approval comes as a testament to Nigeria's commitment to fostering financial inclusion, embracing technology, and revolutionizing the ...