The digital currency, the eNaira, will be launched on Monday. This is coming many months after the Central Bank of Nigeria (CBN) barred banks and financial institutions from dealing in or facilitating transactions in cryptocurrencies. The digital currency will be launched by the Nigerian President, Muhammadu Buhari at State House, Abuja. Central Bank of Nigeria Read More…
A LUTA CONTINUA! VITÓRIA É CERTA! (The struggle continues! Victory is certain!) That was our singsong in those heady student union days when our blood boiled with patriotic fervour as we challenged the excesses or inadequacies of our unelected military fiefs. That battle cry is so central to the raison d’être of student unionism that Read More…
Owns five per cent FBN Holding shares, bank group confirms FBN Holdings (FBNH) Plc on Saturday has now confirmed that Mr Femi Otedola has indeed acquired a 5.07 per cent equity stake in the company. This is coming barely 24 hours after it denied notification of possible acquisition of bulk shares by the business mogul. Read More…
A Reuters report on Saturday says that gunmen attacked a jail in Nigeria’s Oyo State late on Friday and freed over 800 inmates by force, the third such major attack this year, according to a statement by the Nigerian Correctional Service. The prison service said the attackers were heavily armed and after an exchange of Read More…
20 per cent gas users in Lagos have switched to charcoal Many Lagosians are seeking alternatives to the now highly-priced cooking gas. This is a trend that is now taking place all over the country. The Chairman of the Liquefied Petroleum Gas Retailers (LPGAR), a branch of the National Union of Petroleum and Natural Gas Read More…
Nigerian authorities intercepted nearly half a million amphetamine pills hidden in machinery coming into a Lagos port, an official said on Thursday. The 451,807 captagon tablets were seized at the Apapa sea port in September, National Drug Law Enforcement Agency Chairman Mohamed Marwa told reporters. “This was traced to have come from Lebanon,” he said. Read More…
THIRTY-FOUR persons were arrested by the police following the #EndSARS anniversary protest on Wednesday, The protest, which was to commemorate the one year anniversary of ENDSARS was carried out by a motorcade bearing protesters moving through the Lekki toll gate. The protest, which began at 8am and ended two hours later, was largely peaceful without Read More…
In montage above: L-R: Chimezie Metu, Josh Okogie, Udoka Azubuike, Charles Bassey, Precious Achiuwa The National Basketball Association (NBA) today announced that 109 international players from 39 countries are on opening-night rosters for its landmark 75th Anniversary Season, including a record number of players from Canada (18), Germany (seven) and the Bahamas (three), and a record-tying Read More…
Britain’s 95-year-old Queen Elizabeth, who has reigned over her nation for almost seven decades, says she feels too young at heart to be awarded the title “Oldie of the Year”, an aide has revealed. Organisers of the annual tongue-in-cheek awards – whose previous recipients include Oscar-winning actors, Nobel laureates, and the queen’s own mother who Read More…
The Afropop star and the reggae scion link up to talk about spirituality, fatherhood, collaboration, and what connects Nigeria and Jamaica Damian Marley became a Wizkid fan after crossing paths with the Afropop star at a New York City hotel while promoting Stony Hill, his 2018 Grammy winner for Best Reggae Album. “Wiz’s melodies are Read More…