Business

Reforms: CBN’s External Reserves Rise To $38.8bn

Following strategic reforms, the Central Bank of Nigeria (CBN) on Friday announced a significant improvement in its financial and operational performance for the year 2024, with its external reserves rising to $38.8 billion, up from $36.6 billion in 2023. The CBN 2024 Financial Performance, released on Friday, indicates a return to profitability and strengthened monetary …

Politics

2027:It’s Our Turn, Akinola Kazeem Declares Interest In Representing Egbeda Ona-Ara Federal Constituency

In preparation for his ambition to run as lawmaker representing Egbeda/Ona-Ara Federal Constituency at the 2027 general elections under the platform of All Progressives Congress (APC) Hon. Akinola Kazeem has urged the party members in Oyo state, particularly the people of Egbeda/Ona-Ara Federal Constituency to remain steadfast, embrace peace and unity in order to defeat …

Politics

Wike Slams Walkout On First Lady As “Show Of Shame,” Apologizes To Tinubu

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has condemned the walkout staged by a group of women during an empowerment event organized by the office of the First Lady, Senator Oluremi Tinubu, describing it as “disturbing, embarrassing, and a disgrace to the people of Rivers State.” The incident occurred on Friday at …

Business

FCCPC Warns Meta: Quitting Nigeria Won’t Free It From Legal Liabilities

            The Federal Competition and Consumer Protection Commission (FCCPC) has responded firmly to Meta Platforms Inc.’s threat to leave Nigeria, emphasizing that such a move would not absolve the company of its legal responsibilities or liabilities under Nigerian law. Meta’s warning, issued on May 3, stated that it might be …

News

CAN Backs Peace Efforts To End Violence In Nigeria’s Middle Belt

          The Christian Association of Nigeria (CAN) has declared firm support for renewed peace efforts to end the ongoing violence in Nigeria’s Middle Belt, particularly in Plateau, Benue, and Gombe states. In a statement released Saturday and signed by its President, Archbishop Daniel Okoh, CAN described the continuous attacks on communities …

Sports

Al Ahli Clinch First Asian Champions League Title With 2-0 Victory Over Kawasaki Frontale

        Al Ahli claimed their first-ever AFC Champions League title on Saturday, defeating Japan’s Kawasaki Frontale 2-0 at the King Abdullah Sports City Stadium in Jeddah. Having finished as runners-up in 1986 and 2012, the Saudi side sealed victory with two quickfire goals before halftime — a stunning 25-yard strike from Brazilian …