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Next-of-Kin Can Now Claim Funds in Dormant Accounts – CBN

The Central Bank of Nigeria (CBN) has announced new guidelines for the management of dormant accounts, unclaimed balances, and other financial assets in banks and financial institutions. According to the guidelines, next-of-kin, legal representatives, or beneficial owners can now claim unclaimed balances in dormant accounts by submitting applications to financial institutions. The CBN has the […]

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Burna Boy Speaks Truth to Power in Upcoming Song “Empty Chairs”

Grammy-winning artist Burna Boy has shared a snippet of his new song “Empty Chairs” from his upcoming album “No Sign Of Weakness”. In the song, he highlights the struggles of Nigerians who achieve success without political connections. Burna Boy sings about how those who become rich outside of politics are often victimized by society. He

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Oyo State Governor Approves Hazard Allowance for Traffic Officers

Governor Seyi Makinde of Oyo State has approved a hazard allowance for personnel of the State Road Traffic Management Authority (OYRTMA), effective August 1, 2024. The governor made this announcement during the passing-out parade of 500 newly recruited OYRTMA officers and the inauguration of its marshals. Makinde acknowledged the hazards faced by traffic officers and

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Lagos State Cracks Down on Environmental Pollution, Seals Off Petrol Station

The Lagos State Wastewater Management Office has taken swift action against environmental pollution by sealing off a petrol station at Fagba Bus Stop along Iju-Ishaga Road. The station, ENYO, was found to be indiscriminately discharging wastewater onto the public road, causing degradation of the recently rehabilitated road. The state Commissioner of Environment and Water Resources,

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Imo State: Gunmen Kill Four Police Officers and POS Operator

A devastating incident occurred on Monday along the Owerri-Onitsha Expressway in Imo State, where unknown gunmen ambushed and killed four police officers and a female POS operator. The police officers were on routine patrol at Irete when they were attacked. The Commissioner of Police, Aboki Danjuma, who had held a stakeholders’ meeting just hours before

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Tinubu’s Daughter Urges Market Women to Warn Children Against Hunger Protest

Folasade Tinubu-Ojo, daughter of President Bola Tinubu and Iyaloja General of Lagos, has cautioned market women in Dosumu Market, Lagos, to advise their children against participating in the planned August 1 hunger protest. In a recent meeting with the market women, Tinubu-Ojo spoke in Yoruba, warning them about the dangers of protesting, citing the destruction

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Expert Backs Windfall Levy on Forex Gains, Says it’s a Contribution to National Development

Professor Adetunji Ogunyemi, an Economic History expert at Obafemi Awolowo University, supports the National Assembly’s amendment to the Finance Act 2020, introducing a windfall levy on banks’ foreign exchange profits. Ogunyemi argues that the policy is necessary due to Nigeria’s financial challenges, and banks should see it as a contribution to national development. He emphasizes

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Beloved TV Presenter Lara Olubo Passes Away

Renowned television presenter and actress Lara Olubo has sadly passed away. The news was shared by popular Nollywood actress Mercy Aigbe on her Instagram page, where she expressed her disbelief and bid farewell to Olubo. Lara Olubo was a talented and well-known presenter on Orisun TV station, hosting popular programs such as Miliki Express, Oju

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Raphael Varane Joins Como to Help Club Grow

Former Manchester United defender, Raphael Varane, has revealed his reasons for joining Serie A club, Como. The French international signed a two-year deal with Como after leaving Manchester United as a free agent. Varane expressed his excitement about joining the club, stating that he wants to share his experience and knowledge to help Como reach

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