With 52% of adult Nigerians holding official bank accounts, the Central Bank of Nigeria (CBN) has seen progress in the financial inclusion rate. Nevertheless, 32% of people are still not able to access the official financial system. During the 2024 World Savings Day Financial Literacy Fair in Abuja, the CBN revealed the country’s financial inclusion […]
In order to close the gender gap in trade throughout the region, the ECOWAS-Ecobank Empowerment Programme for Women Traders was formally introduced in Abuja. With a pilot program beginning in Nigeria, the initiative, a partnership between ECOWAS and Ecobank, seeks to empower women entrepreneurs by providing them with business training, financial access, and mentorship. This […]
Paul Gyenger, 35, was ordered to be placed under remand in a correctional facility by a Makurdi Chief Magistrates’ Court on Wednesday for reportedly labeling Benue State Governor Hyacinth Alia “a chronic womaniser” on social media. Makurdi resident Gyenger was accused of defamation of character and cyberstalking. However, due to a lack of jurisdiction, Chief […]
Four girls are saved while a Nigerian lady is given a 12-year term for sex trafficking in Côte d’Ivoire. The Boundiali Court in Côte d’Ivoire has sentenced Sandra Okon, a Nigerian woman from Akwa Ibom State, to 12 years in prison for sex trafficking. The conviction follows the successful rescue of four young Nigerian females […]
Shola Balogun, a Nigerian-British officer from Bromley Police Station, was fired by the UK’s Metropolitan Police Service after reportedly biting a coworker at a birthday celebration in Bexleyheath, Kent. Senior officer Christopher McKay presided over the disciplinary hearing, which took place from October 21–23, 2024. The panel included Assessor-Detective Superintendent Kirsty Mead and IPM Amanda […]
According to Aliko Dangote, chairman of the Dangote Refinery, his facility has enough gasoline on hand to end fuel lines for up to 12 days. Following President Bola Tinubu’s meeting with members of the local currency implementation committee for the sale of crude oil and refined products, which is chaired by Mr. Wale Edun, the […]
BN TVWatch On Tacha’s Show, Tiwa Savage Shares the Source of “Forgiveness” Tiwa Savage discussed her most recent single, “Forgiveness,” and gave fans a preview of the feelings that influenced it in a recent episode of “The Big Friday Show with Tacha.” The song, which is from an album that would be released the next […]
President Bola Tinubu has received praise from US President Joe Biden for the two nations’ cooperation in law enforcement and the release of Binance executive Tigran Gambaryan, who was arrested in Nigeria on money laundering accusations. Yusuf Tuggar, Minister of Foreign Affairs, stated that Mr. Biden also promised to strengthen strategic alliances with Nigeria. According […]
Lagos Governor Babajide Sanwo-Olu has refuted reports that his administration sued the EFCC to stop a planned prosecution after he left office. In a statement, Lagos State Attorney General and Commissioner for Justice Lawal Pedro clarified that the EFCC is not looking into the governor. According to a previous report, Governor Sanwo-Olu has sued the […]
According to the Economic and Financial Crimes Commission (EFCC), four people have been taken into custody for allegedly breaking into an Abuja bank’s system. On October 29, 2024, the EFCC made this information public on its X page. The accused were named by the Commission as Daminan Ali, Mohammed Bello Mahmud (the managing director of […]
The House of Representatives is taking action to protect Nigerian bank clients from the increasing threat of fraudulent, unapproved deductions by commercial banks. This comes after a “Bill for an Act to amend the Banking and Other Financial Institutions Act 2020 and for Other Related Matters” was read a second time. The bill, led by […]
Ezekiel Udoh, a 41-year-old Lagos vehicle washer, was found guilty of defiling and impregnating his neighbor’s 12-year-old granddaughter and was given a life sentence. When delivering the sentence, Justice Rahman Oshodi of the Ikeja Sexual Offences and Domestic Violence Court stated, “A child was forced to bear a child, forever altering the course of her […]
President Bola Tinubu of Nigeria and US President Joe Biden spoke over the phone Tuesday on law enforcement concerns and the newly freed Binance executive Tigran Gambaryan. During a briefing to State House Correspondents, Ambassador Yusuf Tuggar, Minister of Foreign Affairs, revealed that the phone conversation lasted almost half an hour. “The call was about […]