In a bid to fulfill its commitment to addressing the backlog of pending matured foreign exchange in Deposit Money Banks (DMBs), the Central Bank of Nigeria (CBN) has announced the disbursement of approximately $61.64 million to foreign airlines through various banks. The initiative is part of the CBN’s ongoing efforts to reduce its remaining liability to airlines and clear the forex backlog held by commercial banks, aiming to alleviate pressure on the foreign exchange market. In November 2023, foreign airline operators revealed that about 90% of their $783 million trapped funds remained unpaid. According to data from the International Air…
Author: Editor Francis
The Gaza Health Ministry reported a staggering toll of 22,835 Palestinians killed, including 9,600 children, since the commencement of the conflict, according to Al Jazeera. The ministry disclosed that 113 Palestinians lost their lives and 250 sustained injuries over the weekend alone. The spokesperson for Palestinian Civil Defence in Gaza expressed grave concerns, stating that over 8,000 Palestinians are missing and presumed buried under collapsed buildings. Tens of thousands are displaced, adding to the humanitarian crisis in the region. The actual figures are feared to be higher, as Gaza authorities struggle to update casualty numbers due to a collapsed health…
БЖФ Банк (Под залог недвижимости)Обратиться в ломбард с ценными вещамиВ МФОГде взять деньги если везде отказывают?Почему не дают кредит с положительной кредитной историей?Где взять кредит, если банки отказывают?Рейтинг лучших кредитов в 2024 годуКак взять займ в автоломбарде, если везде отказываютГде занять денег, если везде отказывают?Займы с высокой вероятностью одобрения Можно также привлечь созаемщика, что увеличит вероятность одобрения. Конечно же, кредитная история является основной причиной отказа со стороны банков, но отчаиваться не стоит. Берите мелкие кредиты в МФО, вовремя их возвращайте и вскоре один из банков рассмотрит Вашу заявку и утвердит получение кредита. Кредитные брокеры охотно помогают неудачливым заемщикам найти способ…
In a comprehensive two-year investigation, the BBC, in collaboration with international media platform Open Democracy, has unveiled allegations of sexual assault, physical abuse, faked miracles, and trauma suffered by at least 25 individuals in the hands of the late Nigerian pastor, Temitope Joshua, popularly known as TB Joshua. The renowned founder of the Synagogue Church of All Nations (SCOAN) passed away on June 5, 2021, leaving behind a legacy as one of Africa’s most influential religious leaders. The investigation, spanning three continents and involving over 15 BBC journalists, focused on former insiders’ testimonies and eyewitness accounts from individuals in the…
The Federal Ministry of Education, last Tuesday, announced the suspension of the evaluation and accreditation of degree certificates from the Republic of Benin and Togo. The decision comes in the wake of an undercover investigation by a Nigerian newspaper, revealing the operation of a degree mill in Cotonou, a major city in Benin Republic. The investigative report exposed how a reporter obtained a degree from Cotonou University in just six weeks and subsequently participated in the mandatory one-year National Youth Service Corps (NYSC) scheme. Following this revelation, the National Universities Commission (NUC), the regulatory agency for universities in Nigeria, has…
The Super Eagles showcased their prowess by defeating a local Dubai team 12-0 in a friendly match held at their Abu Dhabi training base on Sunday. The encounter, played behind closed doors, saw Jose Peseiro’s team taking a commanding 6-0 lead by halftime. Ademola Lookman delivered an outstanding performance, securing four goals, while Victor Osimhen contributed with two goals. Substitute Moses Simon also found the net twice, joined by Umar Sadiq, and the opponent unintentionally scoring two own goals. The Super Eagles are set for another test game, facing Guinea at the Bani Yas Stadium on Monday. The remarkable victory…
In a speech delivered at a luncheon, Governor Ortom declared that the PDP G5 would once again throw its support behind the former Lagos governor for a second term in office as Nigeria’s President. Ortom stated, “If we collaborate to ensure Bola Ahmed succeeds, there will be opportunities for others to contest the election in the future. Our leader, Nyesom Wike, has already declared that in 2027, we are endorsing President Bola Ahmed Tinubu.” “We have no alternative because that is the sentiment shared by Nigerians. Even the previous administration, which faced significant challenges, was allowed to govern for eight…
In the recently published report titled ‘Global Petrol Prices, Octane-95, January 1, 2024,’ striking differences in gasoline costs around the world have been unveiled. Nigeria ranks as the 22nd country with the most economical petrol prices globally, revealing significant diversity in fuel expenses among nations. The report underscores that the average worldwide gasoline price stands at $1.29 per liter. However, substantial variations exist, primarily attributed to diverse tax and subsidy structures shaping retail prices. Notably, the United States stands out as an economic powerhouse with comparatively lower gas prices. As per data compiled by Global Petrol Prices, Iran claims the…
Human Rights Lawyer, Femi Falana, has urged the Minister of Humanitarian Affairs and Disaster Management, Betta Edu, to refrain from insulting Nigerians following her dismissal of allegations regarding a N585 million fraud. The embattled minister faced heavy criticism after a leaked memo surfaced, revealing her directive to transfer the said sum to a private account. In the memo dated December 20, 2023, Minister Edu instructed the Accountant-General of the Federation, Oluwatoyin Madein, to transfer N585 million to an account owned by Oniyelu Bridget, identified as the Project Accountant for Grants for Vulnerable Groups in the ministry. The Federal Ministry of…
In a significant move, the Federal Government is poised to dismiss the boards of Union Bank Limited and Titan Trust Bank Limited next week, signaling its intent to effectively take over these two financial institutions, according to a source familiar with the matter. This action follows the recommendations of Special Investigator Jim Obazee, appointed by President Bola Tinubu in July 2023 to scrutinize the activities of the Central Bank of Nigeria (CBN) and other pertinent establishments. In his report, Obazee disclosed that the acquisition of Union Bank by Titan Bank lacked transparency, prompting his recommendation for the Federal government to…
In a high-profile meeting between former President Chief Olusegun Obasanjo and leaders of Ohanaeze Ndigbo Worldwide, discussions centered around critical issues, prominently the release of the Indigenous People of Biafra (IPOB) leader, Mazi Nnamdi Kanu, and the prevailing insecurity in the South-East region. The closed-door meeting, held at Obasanjo’s Owerri, Imo State residence, involved Chief Emmanuel Iwuanyanwu, the President of Ohanaeze Ndigbo, and Chief Okey Emuchay, the Secretary-General of the Igbo socio-cultural organization. The Secretary-General, in a statement released on Saturday, emphasized the significance of the meeting, describing it as “very symbolic and crucial.” The discussions, which spanned several hours,…
In a crucial FA Cup third-round encounter against Preston North End, Chelsea seized the lead in a hard-fought game that saw Pochettino’s side struggle to break the deadlock until the 58th minute of the second half. The breakthrough moment unfolded when Malo Gusto delivered a pinpoint cross from the right flank into the center of the box. Armando Broja rose to the occasion, heading the ball into the net to secure the opener for the Blues. For Stamford Bridge boss Pochettino, a victory in this competition holds significant importance. Prior to the game, he emphasized the FA Cup’s relevance, considering…