Based on a recent post by financial analyst Olumide Adesina on X (@olumidecapital), new data from the Central Bank of Nigeria (CBN) indicates that the United Kingdom accounts for approximately 50% of all diaspora remittances sent to Nigeria. This revelation highlights the UK’s dominant role in foreign inflows to the Nigerian economy, driven […]
Prominent businessman and nightlife entrepreneur, Cubana Chief Priest, has condemned the recent arrest of popular socialite, Emeka Okonkwo, popularly known as E-Money, by the Economic and Financial Crimes Commission (EFCC), describing it as a politically motivated move aimed at suppressing Igbo influence in national affairs. In a strongly worded Instagram post, Chief Priest accused authorities […]
Comrade Atiku Abubakar Isah, the newly elected President of the National Association of Nigerian Students (NANS), has raised the alarm over an alleged assassination threat, accusing Seyi Tinubu, son of President Bola Tinubu, of leading a violent attempt to disrupt the association’s inauguration ceremony in Abuja. In a distress call to SaharaReporters on Tuesday, […]
The President of the Supreme Council for Shari’ah in Nigeria (SCSN), Sheikh Abdur Rasheed Hadiyyatullah, has passed away, marking a profound loss for the Islamic community in Nigeria. He died on Monday, April 28, 2025, in his hometown of Iwo, Osun State. Sheikh Hadiyyatullah was widely respected as a leading Islamic jurist and educator. Until […]
The Federal High Court in Abuja has granted the Federal Government’s request to allow prosecution witnesses to testify behind protective screens in the ongoing trial of Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB). The ruling, delivered by Justice James Omotosho on Monday, follows a motion filed by the prosecution seeking security measures […]
The Economic and Financial Crimes Commission (EFCC) has confirmed the arrest of prominent Nigerian businesswoman, Aisha Achimugu, at the Nnamdi Azikiwe International Airport in Abuja. According to EFCC sources, Achimugu was apprehended in the early hours of Tuesday while attempting to board a private jet reportedly headed for Dubai. The arrest took place at the […]
A Federal Capital Territory (FCT) High Court in Apo, Abuja, has dismissed a legal challenge by former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, seeking to reverse the government’s forfeiture of a sprawling estate comprising 753 duplexes and apartments. Justice Jude Onwuegbuzie, who tried the matter, ruled on Monday that Emefiele’s request lacked merit […]
Former Delta State Governor, Dr. Ifeanyi Okowa, has lashed out at former Senate President, Dr. Bukola Saraki, over criticisms surrounding his recent defection to the All Progressives Congress (APC). Okowa accused Saraki of hypocrisy, describing him as a “serial defector” who lacks the moral standing to question his political decisions. In a statement released on […]
The Central Bank of Nigeria (CBN) has removed foreign exchange restrictions on transactions conducted through the Pan-African Payment and Settlement System (PAPSS). This move is expected to simplify cross-border trade and expand access to foreign currency for Nigerian banks participating in intra-African payments. PAPSS, launched by Afreximbank in collaboration with the African Union, is […]
Former Delta State Governor and 2023 vice-presidential candidate under the Peoples Democratic Party (PDP), Dr. Ifeanyi Okowa, has openly expressed regret over his decision to run alongside Alhaji Atiku Abubakar in the last presidential election. Okowa, who served as Atiku’s running mate in the hotly contested 2023 general election, made the revelation during a closed-door […]
