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  • Saturday, September 27, 2025

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Business

CBN Approves $25,000 Weekly FX Purchase for BDCs to Meet Yuletide Demand

Theresa Akpati Dec 21, 2024
The Central Bank of Nigeria (CBN) has granted eligible Bureau de Change (BDC) operators temporary access to the Nigerian Autonomous Foreign Exchange Market (NAFEM) to purchase up to $25,000 weekly. This measure, aimed at addressing…
Columns

Abuja Court Grants Yahaya Bello Fresh N500 Million Bail

Theresa Akpati Dec 19, 2024
Former Kogi State Governor, Alhaji Yahaya Bello, has been granted a fresh bail of N500 million by the High Court of the Federal Capital Territory (FCT) in Maitama. The ruling, delivered on Thursday, December 19, by Justice Maryann Anenih,…
Columns

Prophetess Naomi and Seven Others Arrested Over Ibadan Stampede That Claimed 35 Children’s Lives

Theresa Akpati Dec 19, 2024
The Oyo State Police Command has arrested Prophetess Naomi Silekunola, estranged wife of the Ooni of Ife, along with seven others, in connection with a tragic stampede at Islamic High School, Basorun, Ibadan. The incident occurred during a…
Columns

National Bureau of Statistics Website Hacked

Theresa Akpati Dec 19, 2024
The National Bureau of Statistics (NBS) has reported that its official website has been compromised by hackers. The announcement was made through a post on its official X (formerly Twitter) handle on Monday evening, December 18. The…
Columns

Customs Removes VAT and Import Duty on LPG and CNG

Theresa Akpati Dec 19, 2024
The Nigeria Customs Service (NCS) has announced the removal of Value Added Tax (VAT) and import duty on Liquefied Petroleum Gas (LPG), commonly known as cooking gas, and Compressed Natural Gas (CNG). In a statement released on Wednesday,…
Columns

Wike Revokes 762 Land Plots in Abuja, Targets Top Nigerian Politicians

Theresa Akpati Dec 19, 2024
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has revoked the allocation of 762 plots of land in Abuja. High-profile individuals, including former President Muhammadu Buhari, Secretary to the Government of the Federation…
Columns

CBN Sets Daily PoS Withdrawal Limit to N100,000

Theresa Akpati Dec 18, 2024
The Central Bank of Nigeria (CBN) has announced a daily withdrawal limit of N100,000 for transactions conducted through Point of Sale (PoS) terminals. This directive was detailed in a circular addressed to deposit money banks,…
Columns

Rita Edochie Vows Relentless Battle Against ‘Husband Snatcher’ in Edochie Family

Theresa Akpati Dec 18, 2024
Veteran actress Rita Edochie has once again taken to social media to declare her unwavering stance against a perceived "husband snatcher" in her family. The actress, who has been vocal about her disapproval of Yul Edochie's second wife,…
Columns

Marcus Rashford Hints at Manchester United Exit: “I’m Ready for a New Challenge”

Theresa Akpati Dec 18, 2024
Marcus Rashford has fueled speculation about a possible departure from Manchester United, hinting he is “ready for a new challenge.” The forward’s comments come in the wake of his omission from manager Ruben Amorim’s squad for Sunday’s…
Columns

Gov Adeleke Orders Review, Mercy Process for Man Sentenced to Death for Alleged Fowl Theft

Theresa Akpati Dec 18, 2024
Osun State Governor Ademola Adeleke has taken swift action to address the case of a young man reportedly sentenced to death by hanging for allegedly stealing a fowl. In a statement issued by his spokesperson, Olawale Rasheed, on Tuesday,…
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