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The Central Bank of Nigeria (CBN) has decided to appeal a recent court judgment that cancelled its takeover of Union Bank. The court had ruled that the CBN acted beyond its powers when it removed the bank’s board and management in January 2024. The apex bank says it will challenge the decision to protect the […]
Kuda Bank, one of Nigeria’s leading digital banks, has laid off hundreds of employees across several departments. The job cuts happened after a company-wide video meeting where staff were told their services were no longer required. The move is part of a bigger restructuring aimed at repositioning the bank for its next phase of growth. […]
A new report has revealed that the late Herbert Wigwe, former Group Managing Director of Access Holdings, was connected to as many as 106 properties in London. The details emerged from investigations into high-value assets owned by prominent Nigerians abroad. Wigwe, who died in a helicopter crash in 2024, was one of the most influential […]
Israeli troops discovered a large cache of Hezbollah weapons inside a school in the Al-Khiyam area of southern Lebanon. The find included anti-tank rockets, mortar shells, grenades, launchers, light firearms, and explosives. The weapons were hidden in the school building, which is meant for children’s education. This discovery has raised fresh concerns about how Hezbollah […]
The Independent National Electoral Commission (INEC) has given political parties more time to submit their membership registers. This extension is for the digital records needed ahead of the 2027 general elections. Parties now have extra days to complete and send in their verified lists of members. The move is meant to help parties prepare properly […]
France has strongly criticised the new gender testing policy for the Olympic Games, calling it a “step backwards”. The French government and sports officials believe the tests go against the spirit of inclusion and fairness in sports. They argue that the rules could unfairly target some athletes and create division in international competitions. The controversy […]
The Minister of the Federal Capital Territory, Nyesom Wike, has announced that new bus and taxi terminals in Abuja will start operating very soon. This is part of efforts to improve transportation and reduce traffic problems in the capital city. The terminals are designed to make it easier for people to move around using public […]
Femi Fani Kayode, Nigeria’s Ambassador-designate to Germany, has made a strong statement against Peter Obi becoming the next president of the country. He said, “God forbid” Peter Obi should ever lead Nigeria. Fani Kayode expressed this view openly while speaking about the political future of the nation. His comment has sparked a lot of reactions […]
By 𝔸bdulrazak Tomiwa A viral video has captured a group of Nigerian women confronting officials from an Electricity Distribution Company (DisCo) to prevent them from disconnecting their power. The incident occurred following a prolonged period of darkness in their community. The women, speaking in Yoruba, lamented that they had been without electricity […]
By 𝔸bdulrazak Tomiwa A tragic road accident in Umuahia, the capital of Abia State, has resulted in the deaths of two young men. The incident involved a motorcycle and a heavy-duty Mack truck carrying chippings. Both victims were reportedly residents of the Umuahia South Local Government Area of the state. The fatal […]
