Former Vice-President Atiku Abubakar has criticized Nigeria’s proposed 2025 budget, calling it inadequate for addressing the nation’s economic challenges and fostering sustainable growth. In a statement on Sunday, Abubakar described the budget as a continuation of “business-as-usual” fiscal practices that increase Nigeria’s external debt burden. “The 2025 federal budget, amounting to N48 trillion with…
The Nigeria National League (NNL) has banned the Sapele Township Stadium from hosting division matches, a decision that directly affects Warri Wolves, the stadium’s primary tenant. As a result, Warri Wolves have been directed to play their home games at the Ozoro Township Stadium. The club, which narrowly missed promotion to the Nigeria Premier…
The Federal Government has lifted the ban on mining activities in Zamfara State, ending a five-year prohibition. The Minister of Solid Minerals Development, Dele Alake, through his representative Segun Tomori, announced the decision during a press briefing on Sunday, December 22. “The Federal Government has lifted the ban on mining exploration activities in…
Relatives of Elon Musk, the world’s richest man, have revealed they response they got when they reached out to their richer relative. A woman researcing her family tree was surprised to learn she was related to the world’s richest man. Marshall Robinson and his sister Shane live in a fishing port in Lanchashire. It now…
Former International Monetary Fund chief Rodrigo Rato was on Friday, Dec. 20, sentenced to more than four years in prison by a Madrid court for tax crimes, money laundering and corruption. Judges found Rato, who was also a former economy minister in Spain, guilty of “three offences against the treasury, one offence of money laundering…
The Central Bank of Nigeria (CBN) has announced that eligible Bureau de Change (BDC) operators will have temporary access to the Nigerian Autonomous Foreign Exchange Market (NAFEM) to purchase $25,000 weekly. This arrangement, aimed at addressing seasonal foreign exchange (FX) demand, will be effective from December 19, 2024, to January 30, 2025. In a…
A mother and her two sons have been remanded in Ilesa Correctional Centre for allegedly stealing cocoa beans valued at N4.5 million. The Chief Magistrate Court in Osogbo issued the remand order on Wednesday, December 18, 2024, following their arraignment on charges of conspiracy and theft. The accused, Ayanda Olubunmi, 45, and her sons Joshua…
Three Nigerians made the Forbes List of the most powerful, impactful and wealthiest Black Americans in 2024. The Nigerians on the list are Wemimo Abbey, Tope Awotona and Adebayo Ogunlesi, all based in the United States. Abbey, 32, is the Cofounder and Co-CEO, Esusu, a New York fintech startup that helps renters build their credit…
Former Super Eagles of Nigeria captain, Mikel Obi has disclosed that he was offered performance-enhancing drugs at Chelsea. He made this revelation after Chelsea star Mykhailo Mudryk failed a drugs test on Tuesday this week and was provisionally suspended by the Football Association.Following the suspension, the Ukraine international released a statement shortly after the…
Senator Bernie Sanders has publicly criticized Jeff Bezos for dining with Donald Trump at Mar-a-Lago while Amazon workers went on strike across multiple U.S. locations Thursday, December 19. In a post on X (formerly Twitter), Sanders condemned Bezos and his partner, Lauren Sanchez, for their Wednesday night double date with Trump and Melania, accusing…
