Nine Nigerian banks generates N14tn in revenue from customers’ interest in 2024
In 2024, nine big Nigerian banks made a total of N14.26 trillion from interest charged to customers. This is more than double what they made in 2023, which was N6.49 trillion. This big jump came mostly because of higher interest rates set by the Central Bank of Nigeria (CBN). These banks include Access Holdings, Zenith […]
IPOB Criticizes Nigerian Government’s Media Tactics Ahead of Nnamdi Kanu’s Court Case
The Indigenous People of Biafra (IPOB) has strongly criticized the Nigerian government for launching a media campaign aimed at discrediting their movement. As the court hearing of their leader, Nnamdi Kanu, approaches, IPOB accuses the government of using propaganda to manipulate public opinion and distract from pressing national issues. According to IPOB’s Media and Publicity […]
Insecurity: NAFDAC warns chemical marketers against selling to unknown buyers
The National Agency for Food and Drug Administration and Control (NAFDAC) has issued a warning to chemical marketers in Kebbi State. They are urged not to sell their products to unknown buyers. The warning was given by Alhaji Muyideen F. Suleiman, the State Coordinator of NAFDAC, during a one-day sensitization event in Birnin Kebbi. The […]
Police Deny Reports Linking First Lady Remi Tinubu’s Convoy to Fatal Accident in Ondo
The Ondo State Police Command has denied allegations claiming that a vehicle in First Lady Senator Oluremi Tinubu’s convoy was involved in the death of a young girl in Akure on Thursday, April 18. The police described these claims as untrue and misleading. Senator Tinubu was in Ondo State to launch the Renewed Hope Initiative […]
No Boko Haram Suspects Arrested in Lagos – Police Clarify
The Lagos State Police Command has refuted claims that hundreds of Boko Haram suspects were arrested in Lagos. CSP Benjamin Hundeyin, the police spokesperson, clarified in a Friday statement that the publication, dated April 17, 2025, is false. The Commissioner of Police, CP Olohundare Jimoh, immediately ordered an investigation to verify the report’s authenticity. Findings […]
Anambra Government Demolishes Part of Innoson Motors’ Office for Road Construction
The Anambra State Government has torn down part of Innoson Vehicle Manufacturing’s (IVM) head office in Nnewi, a move that has upset the company. Mr. Cornel Osigwe, the Head of Corporate Communications at Innoson Group, expressed shock over the demolition, which took place without any prior notice on Wednesday, April 16, 2025. Speaking with the […]
Court Orders Fast-Tracked Trial Of 15 Domestic Workers Held In Prison For 6 Years Over Patience Jonathan’s Missing Jewellery
Fifteen individuals, primarily domestic staff of former Nigerian First Lady Patience Jonathan, have been detained since 2019 following allegations of stealing her valuable jewellery. These workers, arrested over six years ago, have remained in custody at the Okaka Correctional Centre in Yenagoa without bail or conviction. The case has been marred by allegations of court […]
Easter: Nigerian Govt declares Friday, Monday as public holidays
The Nigerian government has declared Friday, April 18 and Monday, April 21, 2025, as public holidays. This is to allow Christians in the country to celebrate Good Friday and Easter Monday. He encouraged Nigerians to take time during the holiday to pray for peace, unity, and progress in the country. He also mentioned President Bola […]
Despite rebase, Nigeria’s inflation rate rises to 24.23%
Nigeria’s inflation rate has gone up again, reaching 24.23% in March 2025. This comes after a few months of stability. The National Bureau of Statistics (NBS) shared this news in its Consumer Price Index (CPI) report released on Tuesday. In February 2025, the inflation rate was 23.18%, so the March number shows a clear rise. […]
Nigeria signs ECOWAS tariff offer, waives duties on 90% of intra-African trade goods
Nigeria has taken a big step toward improving trade within Africa. On April 14, the country officially signed and published its list of tariff offers under the African Continental Free Trade Area (AfCFTA). This means Nigeria will now remove import duties on 90% of goods traded with other African countries. This announcement was made by […]