CBN disburses $61m to foreign airlines to settle mature foreign exchange backlog
The Central Bank of Nigeria (CBN), says it has disbursed 61.64 million dollars to foreign airlines through various Deposit Money Banks (DMBs). According to a statement issued by its Acting Director, Corporate Communications, Mrs Hakama Sidi-Ali in Abuja on Sunday, the disbursement is in fulfilment of CBN’s commitment to eliminate the backlog of pending matured […]
President Tinubu orders investigation into Betta Edu’s humanitarian funds scandal
President Bola Tinubu has ordered investigation into alleged payment of funds into a private account by the Ministry of Humanitarian Affairs and Poverty Alleviation headed by Ms Betta Edu. The Minister of Information and National Orientation, Mr Mohammed Idris who disclosed this in a statement issued on Sunday, stressed that the Tinubu’s administration is committed […]
Anthony Joshua to face Francis Ngannou in Saudi Arabia showdown
In Boxing, former UFC heavyweight champion Francis Ngannou will return to the ring to take on former unified world heavyweight champion Anthony Joshua. A press conference has been scheduled for January 15 to reveal the details of the Ngannou-Joshua clash, which is set to take place in Riyadh, Saudi Arabia, although reports suggest it will […]
Governor of Delta State appoints Harrysong as Executive Assistant on Entertainment
Gov. Sheriff Oborevwori of Delta has appointed ace singer, Harrison Okiri, popularly known as Harrysong, as his Executive Assistant on Entertainment. The artiste disclosed this in a post on his Instagram Page, as he shared a copy of the appointment letter, which took effect from December 22, 2023. The Delta State-born Harrysong is an award-winning […]
CAF raises AFCON winner prize money to $7m.
the Confederation of African Football, CAF, has announced a substantial 40% increase in prize money for the upcoming Africa Cup of Nations, AFCON, in Cote d’Ivoire. Ahead of the competition which runs from January 13th to February 11 in Ivory Coast, CAF took to its website to release a statement about prize money of USD […]
President Bola Tinubu allocates $1.3 million in funding national football team
President Bola Ahmed Tinubu has allocated $1.3 million in funding for the national football team, the Super Eagles, ahead of the upcoming Africa Cup of Nations, AFCON. According to a tweet by Photojournalist Adepoju Tobi Samuel, President Tinubu approved the sum to support the Super Eagles in their quest to lift the AFCON title again. […]
UN report says Africa’s growth to increase in 2024
Africa’s growth rate is projected to slightly increase from 3.3 per cent in 2023 to 3.5 in 2024, while global growth is expected to slow down. Global growth is expected to slow down from 2.7 per cent in 2023 to 2.4 per cent in 2024. The UN’s World Economic Situation and Prospects (WESP) report for […]
Federal Government extends free train rides till January 7
The Federal Government has extended the free rides for commuters on all train services to Sunday, January 7, 2024. The Nigerian Railway Corporation had announced the commencement of the free train ride on Thursday, December 21, 2023 for all its passenger services, following the directive of President Bola Tinubu. The announcement indicated that the free […]
The First Lady and Wife of the Vice President pays visit to ailing Nollywood actor Zack Orji
The First Lady, Senator Oluremi Tinubu, and the wife of the Vice President, Nana Shettima, have visited ailing Nollywood actor, Mr Zack Orji, at the National Hospital, Abuja. The First Lady was at the hospital to celebrate the first baby of the year, and also spent about 13 minutes with the actor. Hannatu Musawa, the […]
Birmingham City sack manager Wayne Rooney after just 15 games in charge
Birmingham City have sacked manager Wayne Rooney after just 83 days in charge of the Championship club. The 38-year-old was appointed on 11 October following the controversial decision to dismiss John Eustace, with Blues sixth in the table. Since then they have slipped to 20th, Monday’s 3-0 loss at Leeds having been the ninth defeat […]
