Nigeria’s journey to the Africa Cup of Nations final was punctuated with nerve-wracking moments as goalkeeper Stanley Nwabali’s heroics saved two crucial penalties in a shootout, securing a 4-2 triumph over South Africa after a tense 1-1 draw on Wednesday. William Troost-Ekong’s penalty midway through the second half gave Nigeria the lead, countered by Teboho Read More…
Year: 2024
New Lagos-Ogun AIG Olatoye Durosinmi assumes duty at Zone 2 Command
The Nigeria Police Force witnesses a significant transition as Mr. Olatoye Durosinmi assumes office as the new Assistant Inspector General of Police (AIG) at Zone 2 Command, Onikan, Lagos. Announcing the development, Zonal Public Relations Officer, SP Tunni Ayuba, stated, “Durosinmi succeeded AIG Ari Mohammed Ali, who has been deployed as the AIG in-charge, Community Read More…
Nigerian cinemas witness record revenue in 2023, Nollywood dominates market share
In a groundbreaking achievement, Nigerian cinemas amassed a staggering 7.2 billion naira in revenue throughout 2023, drawing over 2.6 million admissions, with Nollywood commanding a formidable 39 percent market share, as revealed by a comprehensive report. These earnings represent a notable surge, exceeding the previous year’s figures by over 416 million naira, accompanied by a Read More…
Blind inmate miraculously receives sight at Ikoyi Custodial Centre
A visually impaired inmate at the Medium Security Custodial Centre, Ikoyi, regained his sight following a successful surgery conducted within the facility, revealed Julius Ogueri, Deputy Controller of Corrections (DCC) in charge of the centre. This heartening development was the result of collaborative efforts involving well-meaning Nigerians, NGOs, churches, officials, and fellow inmates. DCC Ogueri Read More…
CBN Governor Cardoso explains forex obligations and Naira stabilisation in Arise TV interview
In an exclusive interview on Arise TV, Dr. Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), delved into critical issues surrounding foreign exchange stability and monetary policy. His insights shed light on the CBN’s current priorities and strategic actions aimed at bolstering Nigeria’s economy and currency. Key Points from the Interview: Below Read More…
King Charles’ cancer diagnosis sparks national concern
British Prime Minister Rishi Sunak expressed hope for King Charles’ full recovery as news of his cancer diagnosis emerged, triggering an outpouring of support from global leaders. The monarch, aged 75, faces treatment after Buckingham Palace revealed his health condition, drawing attention to the state of Britain’s healthcare system. Sunak conveyed his sentiments, stating, “All Read More…
Osimhen absent as Super Eagles gear up for semifinal clash against Bafana Bafana
Napoli FC’s Victor Osimhen missed the Super Eagles’ departure to Bouake for the crucial semifinal against South Africa’s Bafana Bafana, citing abdominal discomfort, according to a News Agency of Nigeria (NAN) report. Nigeria, after a 1-0 victory over Angola, left their Abidjan base for Bouake on Monday. Media officer Babafemi Raji explained Osimhen’s absence, stating, Read More…
Jimi Solanke, iconic Nigerian storyteller, dies at 81
Jimi Solanke, a veteran actor, dramatist, folk singer, poet, and playwright, who enchanted audiences with his expressive face, baritone voice, and contagious smile, died on Monday at the age of 81. He was on his way to the Olabisi Onabanjo University Teaching Hospital when he succumbed to a brief illness, according to his family. Solanke, Read More…
Unequal Laws, Equal Terror
It is becoming increasingly dangerous to be poor. Don’t believe the yarn that all men are equal. Is the man eking out a living on a tired patch of earth on the desert fringes of Katsina equal to his compatriot luxuriating in the cosy embrace of Abuja without a visible means of livelihood? The law Read More…
Nigeria’s financial sector navigates global debt surge, balancing risks
As Nigeria grapples with its debt dynamics, expert voices weigh in on the delicate equilibrium between issuance and investor sentiment. Thys Louw, seasoned portfolio manager at Ninety One, highlights the central concern: the divergence between debt issuance and inflows into dedicated funds. For high-yield issuers, this divergence poses a significant challenge. In a Reuters report, Read More…