Central Bank of Nigeria clarifies validity of old Naira notes

The Central Bank of Nigeria (CBN) has reaffirmed that the old series of N200, N500, and N1,000 banknotes will remain valid indefinitely, contrary to claims that they would cease to be legal tender by December 31, 2024. This clarification comes after speculation and concern in the media over the validity of old naira notes. The […]

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Binance executive, Tigran Gambaryan released from Nigerian detention after eight months

Tigran Gambaryan, Binance’s Head of Financial Crime Compliance, has been released from detention in Nigeria after eight months. The world’s largest cryptocurrency exchange confirmed his release, stating that Gambaryan was allowed to leave Kuje prison due to his deteriorating health condition. A Federal High Court in Abuja dismissed the money laundering charges against him, citing

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President Bola Tinubu seeks Senate’s confirmation of seven new ministerial nominees

President Bola Tinubu has requested the Senate’s confirmation of seven new ministerial nominees to replace the five ministers he sacked on Wednesday. The sacked ministers include Uju-Ken Ohanenye (Women Affairs), Lola Ade-John (Tourism), Prof Tahir Mamman (Education), Abdullahi Muhammad Gwarzo (State, Housing and Urban Development), and Jamila Bio Ibrahim (Youth Development). The President’s request was

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Sanwo-Olu to lead APC’s campaign council for Ondo election

The All Progressives Congress (APC) has formed a 305-member campaign council to drive its campaign for the upcoming Ondo State governorship election, with Lagos State Governor, Babajide Sanwo-Olu, as chairman. The election is scheduled to take place on November 16. Sanwo-Olu will leverage his leadership experience in Lagos to guide the campaign’s activities and winning

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Kanayo O. Kanayo questions Federal Government over military presence in South-East

Veteran Nollywood actor, Kanayo O. Kanayo, has expressed concerns about the heavy military and police presence in the South-Eastern part of Nigeria. In a video posted on his Instagram page, Kanayo highlighted the humiliation faced by travelers in the region, comparing it to his own experience traveling from Ibadan to Lagos without encountering any checkpoints.

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Halima Abubakar apologizes to Apostle Johnson Suleman for defamation

Nollywood actress Halima Abubakar has issued a formal apology to Apostle Johnson Suleman of Omega Fire Ministries for spreading false allegations against him. The apology comes after a public feud between the two began in 2022, with Abubakar claiming she was ill due to an altercation with Suleman. However, she later admitted to suffering from

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Breaking News: Idris Elba plans relocation to Africa to boost film industry

British actor Idris Elba has announced plans to relocate to Africa within the next decade to support the continent’s growing film industry. Elba, known for his roles in “Long Walk to Freedom” and “Beasts of No Nation,” aims to establish film studios in Zanzibar, Tanzania, and Accra, Ghana. Elba emphasized the importance of Africans telling

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WHO postpones Polio vaccination drive in Northern Gaz due to violence

The World Health Organization (WHO) has postponed the final phase of a child polio vaccination drive in northern Gaza due to “intense bombardment” and “escalating violence.” The second round of vaccinations, targeting 119,279 children, was scheduled to begin but was compelled to be delayed. The vaccination campaign began after Gaza confirmed its first polio case

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Ooni of Ife and Oluwo of Iwo’s Royal Dispute

The Ooni of Ife, Oba Enitan Ogunwusi, revealed that the Oluwo of Iwo, Oba Abdulrasheed Akanbi, chased him away during a visit. This incident has sparked tension between the two respected monarchs in Osun State. The Oluwo has expressed disapproval of the Ooni’s relationship with traditionalists, whom he describes as “idol worshippers.” In a video,

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Supreme Court To Rule On EFCC’s Legality Amid Corruption Fight

Nigeria’s Supreme Court is set to deliver a verdict on the legality of the Economic and Financial Crimes Commission (EFCC), following a suit filed by 16 state governments. The states argue that the EFCC’s establishment act violates the Nigerian Constitution, specifically Section 12, which requires majority approval from state houses of assembly to enact international

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