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ENTERTAINMNET

Jumoke Aderounmu planned relocating to UK due to job scarcity — Brother

Adeola, the younger brother to a recently deceased actress, Jumoke Aderounmu, popularly known for her role of Esther in popular sitcom, ‘Jenifa’s Diary’, has said that deceased was actually planning on relocating to the United Kingdom before her demise. Speaking in an interview with Saturday Beats, Adeola noted that Jumoke wanted to relocate to UK, because she was not getting movie roles. On why he did not reach out privately to popular […]

todayApril 15, 2024 23

ENTERTAINMNET

Bobrisky treated as normal inmate – NCS officials

Controversial crossdresser, Idris Okuneye, aka Bobrisky, who was handed a six-month prison sentence over naira abuse, currently shares the same cell with male inmates at the Ikoyi Custodial Centre. Justice Abimbola Awogboro of the Federal High Court in Lagos, while sentencing the convict, on Friday, April 12, 2024, said the judgment would be a deterrent to others who are found abusing and mutilating the naira. Bobrisky who was taken into […]

todayApril 15, 2024 14

NEWS

External reserves drop by $950m in 17 days — CBN report

Nigeria’s foreign exchange reserves have taken a significant hit, dropping by approximately $1.02bn within 18 days as the Central Bank of Nigeria steps up efforts aimed at defending the naira. On March 18, 2024, the FX reserves stood at $34.45bn, but by April 3, it had dropped to $33.50bn, based on the latest data from the CBN. Before the current decline, the reserve had been steadily growing, witnessing a remarkable […]

todayApril 8, 2024 63

BUSINESS

Naira crash pushes raw material imports to N3tn – NBS report

Imports of raw materials into the country rose by 25 per cent to N3tn in 2023. This is according to the Foreign Trade Statistics data published by the National Bureau of Statistics. The major raw materials imported during the period included cane sugar, other lubricating oils meant to be mixed further, preparations of milk containing vegetable fats and oils, mixtures of odoriferous substances, sheets for veneering, among others. Conversely, Nigeria […]

todayApril 5, 2024 6

NEWS

141 terror cases, 214 kidnappings recorded in eight weeks – IG

The Inspector-General of Police, Olukayode Egbetokun, on Thursday, said 141 terror cases, 214 kidnappings and 537 homicide cases were reported to the police in the last eight weeks. Egbetokun added that 3,685 suspects were apprehended for their participation in various crimes, while 401 kidnap victims were rescued. Egbetokun said this while fielding questions from journalists at the Nigeria Police Force Headquarters, Louis Edet House, Abuja. He said, “I am pleased […]

todayApril 5, 2024 11

POLITICS

Naira undervalued by 30% – Renaissance Capital

Renaissance Capital Africa report suggests that 2024 has a positive outlook for Nigeria with a strengthening currency and a rise in oil prices. Its latest report on economy review says that at the March 28 level of N1,303/$, the Nigerian naira is still largely undervalued to its long-term average, to the tune of 30 per cent. The research firm also stated that the capital market is setting for a good […]

todayApril 3, 2024 15

BUSINESS

Banks involved in 70% of financial crimes – EFCC

The Economic and Financial Crimes Commission, on Monday, indicted banks as being linked to about 70 per cent of the financial crimes in Nigeria. EFCC’s Chairman, Ola Olukayode, disclosed this while speaking in Abuja at the 2023 Annual Retreat and General Meeting of the Association of Chief Audit Executives of Banks in Nigeria. He pointed out that the banking sector was increasingly becoming a cesspool of fraudulent activities and this […]

todayMarch 5, 2024 9

SPORTS

Voodoo new to me – Waldrum

In the aftermath of the drama that ensued between Nigeria and Cameroon during the penultimate qualifying fixture for the 2024 Olympic games, Super Falcons coach, Randy Waldrum, says voodoo is strange to him. There was drama at the start of the second half inside the Moshood Abiola National Stadium in Abuja on Monday after a Cameroonian player allegedly attempted to plant ‘voodoo’ inside the Falcons goal post. Falcons’ goalkeeper, Chiamaka Nnadozie, […]

todayFebruary 28, 2024 46

NEWS

Nigeria’s predicaments not solely political – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, on Sunday, said that the socio-economic as well as security challenges confronting the country require spiritual solutions. The spiritual leader noted that the nation’s political leaders appeared to have tried their best to seek solutions but that Nigeria urgently needed divine intervention. Adeboye stated these when he met the Kaduna State Governor, Senator Uba Sani, at the Sir […]

todayFebruary 12, 2024 50 1

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