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A shocking development has emerged in the Edo State Governorship Election Petition Tribunal case, as copies of an unsigned document, purported to be the judgment of the tribunal, have surfaced online, stirring controversy and speculation. The document, which bears the petition number of the case filed by the Peoples Democratic Party and its governorship […]
Nigerian banks have collectively paid approximately ₦205.6 billion in windfall taxes, following the federal government’s introduction of a tax targeting their foreign exchange (FX) gains. The tax, which has sparked significant debate, applies retroactively from June 14, 2023, to December 31, 2025, and was recently increased from 50% to 70% by the Senate. The move […]
Luxury car customizer, Mansory, has teamed up with golf cart manufacturer Garia, to create the world’s most expensive golf cart, priced at $120,000. The high-end vehicle is designed to provide an unparalleled golfing experience, featuring a range of luxurious amenities and cutting-edge technology. The golf cart, which is the result of a collaboration between […]
Three mortuary attendants in Abia State narrowly escaped lynching by a mob after they were accused of harvesting the testicles from a deceased man. The incident, which caused sent shock waves throughout the community, highlights the growing fears about ritual killings and the dangers of organ-haevesting rumours. The victim, whose identity has yet to […]
Zenith Bank Plc, Nigeria’s most profitable bank, has announced that women now make up 53% of its total workforce as of 2024. This achievement is a testament to the bank’s commitment to diversity, equity, and inclusion. The bank, which has consistently led the pack in the Nigerian banking industry, is also proudly led […]
The Ekiti State Government has announced plans to install a state of the art Instrument Landing System (ILS) at the Ekiti Agro-Allied International Cargo Airport in Ado-Ekiti. The project, valued at N4.6 billion, aims to facilitate 24-hour flight operations and improve air travel safety in the state. Governor Biodun Oyebanji confirmed the development, stating that […]
The Federal Government has threatened to Revoke licences of oil acreages which remains unproductive so as to meet set a production target of 2.06 million barrels per day by 2025. The threat was handed down by Minister of State, Petroleum Resources (Oil), Senator Heineken Lokpobiri who explained they needed to ramp up production to […]
The Central Bank of Nigeria (CBN) has posted a huge recovery in its foreign exchange reserves as its Net Foreign Exchange Reserve (NFER) reached $23.11 billion as of the close of 2024. This is the highest in over three years, showing a huge recovery in recent years. Nigeria’s foreign exchange reserves through the period […]
Embattled Senator Natasha Akpoti-Udiaghan braced all odds including a ban on public gatherings and a curfew in her place to visit her constituents where he told them of plot by Senate President, Godswill Akpabio to kill her. Natasha who arrived in helicopter and addressed a mammoth crowd who braced the curfew and ban of […]
The Nigeria Sovereign Investment Authority (NSIA), the institution responsible for managing the country’s Sovereign Wealth Fund (SWF), have revealed a surge in profits for the year, which reflects the growing strength of its financial portfolio. According to recent statistics, the NSIA saw its profits jump by 59% compared to the last fiscal year. Its […]
