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Phrank Shaibu, the Special Assistant on Public Communications to the presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has described President Bola Tinubu’s plan to hand out N8,000 to 12 million households for six months as a brazen attempt to divert public funds. Shaibu, in a statement on Thursday, noted that Tinubu’s plan […]

The Nigeria Police Force has confirmed the arrest of five suspected kidnappers of a Swiss national in Abuja. This is contained in a press statement released on Thursday by the Force Spokesman, CSP Olumuyiwa Adejobi, who detailed the activities of the force within the last two months. The suspects who were identified as Emu Larry […]

A Septuagenarian, Adeniyi Ijaola, a banker, Ayalekhue, and four others, on Thursday, testified before Ogun Governorship Election Petition Tribunal against the victory of the state governor, Dapo Abiodun, and his party, All Progressives Congress. The six witnesses called by the People’s Democratic Party all claimed that violence and overvoting marred the March 18th governorship election […]

Disputes are inevitable in every form of human interaction and the family unit is no exception. These disputes can occur between couples or between other members of the family. The causes of these conflicts can range from finances to property and custody of the children. family mediation has become an aspect of mediation that has […]

Federal High Court, Abuja, on Thursday, restrained Gov. Yahaya Bello of Kogi and the acting Inspector-General of Police, Olukayode Egbetokun, from arresting or detaining Murtala Ajaka, the Social Democratic Party (SDP)’s candidate for the Nov. 11 governorship election in the state. Justice Inyang Ekwo, in a ruling, also stopped the commissioner of police in Kogi, […]

The Department of Security Services (DSS) says it has charged Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN), to court. The spokesman of the Service Dr Peter Afunanya made this known in a statement after an Abuja High Court directed that Emefiele be charged or released within seven days. The statement […]

Inflation Rate Spikes to 42.5% in Ghana As Accra continues to roll out policies to reduce economic pressures, Ghana’s consumer price index that measures the country’s annual inflation rate rose slightly for the second month running to 42.5% in June 2023, from 42.2% in the prior month. The acceleration was largely driven by rising prices […]Read More

FBNH Slumps 10% as ‘4’ Controls 40% Shareholding FBN Holdings record a maximum daily loss of 10% midweek as some of its stockholders begin to book early profit amidst negative public attention- in addition to the introduction of key man risk into the Holdco market valuation equation. The financial services holdings market valuation fell below […]

CBN Slashes Rates on Nigerian Treasury Bills With substantial subscription records, the Central Bank of Nigeria (CBN) has further crashed spot rates on Nigerian Treasury bills (NTB) it rolled over midweek when it conducted its primary market auction, results showed.  MarketForces Africa reported that the apex bank would roll over matured Treasury bills worth N141.94 […]

Nigerian Exchange Plunges by N883bn as Investors Book Profit Reversing the previous trend, the Nigerian Exchange (NGX) equities segment lost more than N883 billion midweek as some investors begin to take early profit on some fine tickers. Some stockbrokers told MarketForces Africa in a chat that the reverse from the previous trend was supported by […]

How to Use Ecobank Mobile, Omnilite Apps to Send Money Across Africa Ecobank customers can now transfer money in seconds to 33 African countries where Ecobank Group operates using Ecobank Mobile and Omnilite apps and the recipient gets immediate credit in the target country’s local currency. Announcing this new development in Lagos, Head, Consumer Banking, […]

FG to Amend Nigeria’s Cybercrime Act – Ribadu The National Security Adviser, Mr Nuhu Ribadu, on Wednesday, said the Federal Government is currently putting measures in place to amend the 2015 Cybercrimes Act Ribadu disclosed this at a two-day conference by the Cyber Security Experts Association of Nigeria (CSEAN) in Abuja, under the theme “Cybersecurity: […]