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The candidate of the Labour Party in the 21 September, 2024 governorship election in Edo State, Mr Olumide Akpata, has opened up on the violence that marred his visit to the Ugbowo campus of University of Benin, UNIBEN on Friday. The Labour Party governorship candidate had allegedly clashed with some students of members of the […]

*Netanyahu Says Israel Backed By ‘Many’ Countries, Ready For Iranian Strike Iran has launched missiles and more than 100 armed drones towards Israel in retaliation for a suspected Israeli strike in Damascus that killed several senior Iranian commanders, pushing the Middle East closer to a full-blown regional war.  Just before 2am Israeli time, sirens went off […]

The recent conviction and sentencing of male crossdresser Idris ‘Bobrisky’ Okuneye to six months imprisonment for abusing the naira has sparked nationwide outrage and accusations of selective justice by the Economic and Financial Crimes Commission (EFCC). Bobrisky was charged with naira abuse after winning the Best Dressed Female award at a movie premiere on March […]

Nollywood actress, Adanma Luke, who was the producer of the movie titled “The Other Side of Life,” in which Junior Pope was starring before his death, has broken her silence on the incident. Junior Pope and four other crew members died when their boat capsized while returning from a movie location on the River Niger. […]

President Bola Ahmed Tinubu has ordered Vice-Chancellors of universities and all other heads of tertiary institutions to ensure full implementation of the new guidelines on financial management recently approved by the Federal government following the exception of lecturers from the Integrated Personnel Payroll and Information System (IPPIS). He said the guidelines developed by the Federal […]

Twenty suspected Yoruba nation agitators, on Saturday, were arrested by security personnel for their alleged role in the invasion of the Oyo State Government Secretariat, Agodi in Ibadan, the state capital. Earlier, some Yoruba nation agitators had, on Saturday morning, invaded the decretariat and took over some parts of the area. Sequel to this, the […]

Equities Market Sheds N412bn as Banking Index Falls Equities market lost more than N412 billion on Friday following selling rallies that have persisted on the floor of the Nigerian Exchange (NGX). After Islamic holding that lasted for three days, the Nigerian equity market resumed bearish trading, extending the market negative sentiment to six consecutive trading […]

US Consumer Sentiment Falls in April The University of Michigan consumer sentiment for the US fell to 77.9 in April 2024 from 79.4 in March which was the highest level since July 2021, preliminary estimates showed. Naira Suffers Big, CBN Goes Ballistic Against FX Whales Figures came well below forecasts of 79, with both current […]

Naira: Goldman Sachs Predicts N1000/$ Exchange Rate Goldman Sachs Group Inc. says the naira, Nigeria’s currency, could extend gains to trade below N1,000 to the dollar, according to its latest report on Nigeria’s economic realities. The firm stated that the continued surge of the Naira against the US dollar has made it the best-performing currency […]

Gold Hits New Highs over Geopolitical Tensions Global market price of Gold climbed past $2,410 per ounce on Friday, marking a new record high and advancing by around 3.4% over the week. The sustained rally in the commodity market was supported by robust safe-haven demand which has now overshadowed concerns regarding possible delay in interest […]

NFF Appoints Garba Golden Eaglets’ Head Coach The Board of Nigeria Football Federation has appointed former U17 World Cup winner,  Manu Garba as Head Coach of the Nigeria U17 boys, Golden Eaglets. Ademola Olajire, Director of Communications at NFF announced this in a statement on Friday in Abuja. Garba had, in the same role, led […]

AfDB Strengthens Collaboration with CSOs The African Development Bank (AfDB) says it is solidifying its partnership with Civil Society Organisations (CSOs) in West Africa. The AfDB, in a statement issued on its website, said this was deliberated during the bank’s fruitful mission to Ghana. The statement said the mission focused on advancing an agreement signed […]