CBN imposes N5m fine on illegal agent banking activities
By Elizabeth Adegbesan THE Central Bank of Nigeria (CBN) has announced that any agent found engaging in non-permissible activities under its newly revised Agent Banking Guidelines will face a minimum penalty of N5 million for the offence and N100,000 for each day the default continues, in addition to forfeiting any profit made from such activities. According […]
Nigeria’s Anglican Church breaks from Canterbury over ‘pro-gay’ female archbishop
By Luminous Jannamike ABUJA – The Church of Nigeria (Anglican Communion) has declared spiritual independence from the Church of England, rejecting the appointment of Bishop Sarah Mullally as the new Archbishop of Canterbury. The Church said her support for same-sex marriage and her elevation as the first female to hold the position signify a troubling […]
Naira rises to N1,480/$ in parallel market
By Elizabeth Adegbesan The Naira yesterday appreciated to N1,480 per dollar in the parallel market from N1,490 per dollar last weekend. Likewise, the Naira appreciated to N1,464 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the exchange rate for the naira fell to […]
Senators Ningi, Aliero commended for expressing solidarity with Palestine
The Islamic Movement in Nigeria, popularly known as Shi’ites, has commended Senators Abdul Ningi (Bauchi Central) and Muhammad Adamu Aliero (Kebbi Central) for expressing solidarity with the people of Palestine during the Senate plenary on Tuesday. In a viral video from the plenary, Senator Ningi was seen wearing a black outfit and a white keffiyeh […]
FG’s electricity subsidy debt hits N1trn in H1 2025 — NERC
The Federal Government’s outstanding electricity subsidy debt rose by N514.35 billion in the second quarter of 2025, bringing total unpaid subsidies for the first half of the year to over N1 trillion, according to the Nigerian Electricity Regulatory Commission (NERC).
Pomp and Ceremony as Prophet Sam Ojo marks FARIM’s 20th Anniversary
By Idowu Bankole It was an atmosphere of praise, colour, and celebration as the Founder of the Freedom Apostolic Revival International Ministry (FARIM), Prophet Samuel Adebayo Ojo, popularly known as Baba Authority, marked the ministry’s 20th Anniversary in grand style. The event, which was held under the theme “New Glory”, drew together a large crowd […]
NSITF pledges compassionate service as customer service week kicks off
MANAGING Director of the Nigeria Social Insurance Trust Fund, NSITF, Barr. Olúwaṣeun Faleye, on Monday, assured subscribers to the Employees’ Compensation Scheme, ECS, that they will encounter a more empathetic and responsive organization during their most vulnerable moments.
How Bullion Records broke into Nigeria’s top 3
The Nigerian music industry continues to dominate Africa and the global stage, powered by some of the most influential record labels on the continent.
Barbee returns to Nigeria, marks homecoming with “Start Over”
Afro-Caribbean recording artist, performer and entrepreneur, Eselebor Faith Barbee has made a radiant return to her father’s homeland, Nigeria, marking a proud and powerful new era in her international career.
Sproutly unveils laptop, tuition financing schemes for teachers, students at SproutFest 2025
The announcement was made at SproutFest 2025, Sproutly’s annual teachers’ seminar held in Lagos.
Fix INEC before 2027, Soludo, Dauda, Aregbesola, Chidoka tell FG
Some governors and former ministers yesterday asked the Federal Government to reform the Independent National Electoral Commission, INEC, ahead of the 2027 general elections to restore public confidence in Nigeria’s democracy and strengthen electoral credibility.
