The naira depreciated against the dollar at the official and parallel foreign exchange markets on Monday to kick off the week on a bearish note. The Central Bank of Nigeria official exchange rate data showed [CONTINUE READING]
Ibom Air’s management stated on Monday that the airline had not made public the widely shared footage of a customer being hauled off an aircraft while n*ked. This statement was made by Aniekan Essienette, Group [CONTINUE READING]
Dangote Petroleum Refinery has announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit, PMS, commonly known as petrol, by N30, from N850 to N820 per litre, effective from August 12, 2025. This [CONTINUE READING]
Former Minister of Aviation Femi Fani-Kayode has once again slammed Kemi Badenoch, Leader of the British Conservative Party. This was after she shared her horrible experience in a government-owned school in Nigeria when she was [CONTINUE READING]
Falana noted that despite the President recently acknowledging the economic hardship faced by citizens, his policies have further deepened poverty. Human rights lawyer, Femi Falana, has criticised President Bola Tinubu’s economic reforms, stating that the [CONTINUE READING]
Former presidential aide Reno Omokri has lamented that all Nigerian languages are dying except Hausa and Yoruba. This, he attributed to the heavy priority given to the English language over indigenous languages in the country. [CONTINUE READING]
An Abuja-based pastor facing charges of raping a 14-year-old girl has resumed ministrations after securing bail for his release from custody on health grounds. Amos Isah, the founder and General Overseer of Prophetic Voice of [CONTINUE READING]
Two individuals have been charged in connection with the fatal stabbing of a 26-year-old Nigerian, Ayowale Aladejana, in New Cross, southeast London. The Metropolitan Police reports that detectives investigating the fatal stabbing of Ayowale charged [CONTINUE READING]
A 12-hour period of heavy rainfall has sent many residents of Lagos State into panic mode on Monday, prompting an assurance from the Ministry of the Environment and Water Resources to allay their fears. According [CONTINUE READING]
Banks’ deposit with the Central Bank of Nigeria, CBN, rose sharply by 783.7 percent, year-on-year, YoY, to N79.8 trillion in the first seven months of the year (7m’25) from N9.03 trillion in the corresponding period [CONTINUE READING]
The naira returned to appreciation against the dollar at the official foreign exchange market on Thursday. Central Bank of Nigeria exchange data showed that the Naira strengthened marginally to N 1,533.55 per dollar on Thursday, [CONTINUE READING]
First City Monument Bank has partnered with the Ministry of Finance Real Estate Investment Fund to launch a N10bn mortgage financing scheme aimed at making homeownership more accessible to Nigerians. The scheme offers home loans [CONTINUE READING]