Two years after ban, CBN unveils fresh guidelines for FOREX sale by BDCs

The Central Bank of Nigeria (CBN) has released fresh operational mechanisms for the sale of forex by Bureau De Change (BDCs) operators within the country. 

Mixed Reactions As Gambia Beats Nigeria To Win Best Jollof 2023

Jollof rice fans worldwide have taken to social media to share their thoughts about The Gambia emerging winners of the 2023 Jollof competition at the West Africa Food Festival held in Lagos, Nigeria.

Tobi Amusan cleared of doping violations

Nigeria’s Tobi Amusan has been cleared of doping violations with the provisional suspension on her lifted.

Days after reports of her marital split surfaced online, popular Lagos socialite almost ends it all at Third Mainland bridge

Socialite and businesswoman, Fareeda Abdulkabir aka House of Phareedah, was prevented from ending it all on Thursday, August 17, by eyewitnesses at Third Mainland bridge in Lagos. 

Relief as NNPCL secures a $3 billion loan to stabilize the Naira

The Nigerian National Petroleum Company (NNPC) Limited has secured a $3 billion Emergency Crude Repayment Loan from African Export-Import Bank (AFREXIM) Bank.

FG to arraign suspended CBN governor, Emefiele, over N6.9 billion procurement fraud

The suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele and his associates are set to be arraigned by the Federal Government for N6.9 billion procurement fraud.

Fear grips Nigerians as Kenyan cook surpasses Hilda Baci’s record

A Kenyan cook identified as Maliha Mohammed has surpassed Nigeria’s Hilda Baci’s record of the longest cooking marathon.

President Tinubu’s government inherited a terrible economic situation — Sen. Adams Oshiomhole

The senator representing the Edo North Senatorial District, Adams Oshiomhole, says the government of President Bola Tinubu inherited a terrible economic situation.

‘No more increase in petroleum product prices’ – Presidency declares

The presidency has officially declared that there will be no increase in petroleum product prices at the present moment.

A Twitter post from the Nigerian Television Authority read:

Customs Intercept Contrabands, Ammunition Worth N17m

The Nigeria Customs Service said it intercepted 203 bags of imported rice, five vehicles, and 1,245 rounds of live ammunition worth N17m abandoned in a bush path in the Yewa-North Local Government Area of Ogun State.  

Two Arraigned For Alleged Illegal Demolition Of N800m Lagos Property

Two persons, Falilat Oluwayemisi and Adeshina Balogun, have appeared at an Ikeja Magistrates’ Court over the alleged illegal demolition of a four-storey building worth N800 million.

“Military is happy and better under democracy,” DHQ tells those calling for coup in Nigeria

The Defence Headquarters (DHQ) has stated unequivocally that the military is happy and better under democracy, and that there are no plans for a coup in Nigeria.

Kano revokes licence of all private schools in the state

Kano state government has revoked the certificate of all private schools operating in the state.