The Nigerian currency, the Naira, has experienced a remarkable turnaround, making significant gains against major global currencies. This unexpected appreciation follows the Central Bank of Nigeria’s (CBN) adoption of a new electronic foreign exchange market system designed to stabilize the currency. A Game-Changer: The Electronic Foreign Exchange Matching System (EFEMS) Banking professionals attribute this upward…
Senator Ali Ndume, representing Borno South, has voiced strong opposition to President Bola Tinubu’s tax reform bills, labeling them a misstep in timing and execution. His criticism highlights the disconnect between the proposed reforms and Nigeria’s pressing governance challenges, including high recurrent expenditures and mounting debt servicing obligations. In a recent interview, Ndume called for…
In a significant breakthrough, security forces have apprehended a man claiming to be a pastor, Terry Tinate Augustus, also known as “Black,” for his alleged involvement in a series of kidnappings. The suspect was captured in a coordinated operation in Ilaje Local Government Area, Ondo State, on December 8, 2024. Augustus, reportedly a key member…
Kehinde Ogunwumiju, a prominent legal expert and managing partner at Afe Babalola & Co., has taken legal action against activist Dele Farotimi over claims of defamation linked to his book, Nigeria and its Criminal Justice System. The Senior Advocate of Nigeria (SAN) contends that the publication contains damaging and false allegations. The lawsuit, filed on…
Edo State Governor, Senator Monday Okpebholo, recently encountered challenges while presenting the state’s proposed 2025 budget to the House of Assembly. The budget, valued at ₦605 billion, signifies a 25% increase from the previous year and is dubbed the “Budget of Renewed Hope for a Rising Edo.” During his speech, the governor, representing the All…
“Enhance your online presence and build a thriving business while keeping your expenses low.” Social media marketing has become an essential tool for entrepreneurs, but growing your brand doesn’t have to strain your finances. With creativity and the right strategies, you can effectively promote your business while staying on budget. This guide explores ten cost-effective…
“Learn how to use Instagram’s Reels feature to attract customers, expand your reach, and achieve financial independence.” In the ever-evolving world of social media marketing, Instagram Reels has emerged as a powerful tool for entrepreneurs and businesses. With its short-form video format, Reels offers an opportunity to showcase your products, connect with your audience, and…
Discover how TikTok can transform your business strategy, helping you attract buyers, expand your audience, and achieve financial freedom. TikTok isn’t just a platform for catchy dance routines and viral challenges—it’s a goldmine for entrepreneurs looking to sell products and grow their businesses. With its vast global audience and creative tools, TikTok offers an unparalleled…
Justice Kudirat Kekere-Ekun, the Chief Justice of Nigeria (CJN), has proposed measures to address the issue of conflicting rulings among judges of courts of coordinate jurisdiction, especially within the Court of Appeal. At the 2024 Annual Conference for Justices of the Court of Appeal in Abuja, themed “Judicial Introspection,” the CJN emphasized the need for…
Atiku Argues Against Southern Presidency Beyond 2027, Citing Equity and Fairness Former Vice President Atiku Abubakar has voiced strong opposition to the idea of the South retaining presidential power beyond 2027. In a statement released by his media aide, Paul Ibe, Atiku emphasized that the North deserves an opportunity to lead, given the historical imbalance…
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