A Mallorca fan has been handed a one-year prison sentence and a three-year stadium ban for racially abusing former Villarreal winger Samuel Chukwueze and Real Madrid’s star player Vinicius Junior. The fan’s actions, described as racially motivated, led to charges of moral integrity violations, with Real Madrid confirming the conviction. The incidents occurred in 2023…
In a strategic move, Cardoso lures foreign investors with historic OMO yields as the Central Bank of Nigeria (CBN) introduces a groundbreaking offer on one-year OMO bills. Yielding at 32%, the bill marks the highest return since the inception of the CBN’s OMO (Open Market Operations) and aims to attract substantial foreign portfolio investments to…
The Naira appreciates after CBN intervention, which has led to a positive shift in the market. Recent steps taken by the Central Bank of Nigeria (CBN) have had a notable impact on the Naira, boosting its value against foreign currencies. This intervention was part of the CBN’s ongoing efforts to stabilize the currency amidst economic…
Patience Umo Eno passes away, leaving the people of Akwa Ibom in deep sorrow. The first lady, wife of Akwa Ibom State Governor, Umo Eno, died on September 26, 2024, after battling an illness. The sad news was officially confirmed by the state’s Commissioner for Information, Ini Ememobong, who revealed that she passed away peacefully…
The Nigerian government is set to reintroduce tolls on major highways including the Lagos-Ibadan Expressway and the Second Niger Bridge as part of its revenue strategy The toll on Lagos-Ibadan Expressway is set to be reinstated as part of a broader federal initiative aimed at boosting revenue through major infrastructure projects. Alongside the Lagos-Ibadan Expressway,…
The Nigerian National Petroleum Company is struggling to provide crude to Dangote Refinery after ex-President Buhari used oil reserves as collateral for foreign loans The NNPC crude supply challenges are currently impacting the Dangote Refinery, a key oil processing plant in Nigeria. According to Festus Osifo, the President of the Petroleum and Natural Gas Senior…
A devastating cholera outbreak has struck Ndibokote village in the Ezza Inyimagu area of Izzi Local Government, Ebonyi State, claiming the lives of 10 people. Among the deceased is a nursing mother, leaving behind a nine-month-old baby, further highlighting the tragedy that has befallen the community. Government Response and Ongoing Efforts The Ebonyi State Health…
Bobrisky Opens Up About Mental Health Struggles Amid N15 Million Bribery Allegations Popular Nigerian social media personality, Idris Okuneye, better known as Bobrisky, recently shared a deeply personal and emotional revelation about contemplating suicide following serious bribery accusations. The allegations, made by social media influencer Martins Vincent Otse, widely known as VeryDarkMan, have significantly impacted…
Bawa Mokwa, the spokesperson for the Office of the Accountant-General of the Federation, confirmed this development during an exclusive interview with Daily Post on Thursday. He assured that workers would start receiving alerts of the updated minimum wage payments from that day. However, Mokwa did not specify whether the payment would include arrears. He stated,…
In an interview with Vanguard’s Law & Human Rights, Prof. Awa Kalu, SAN, a distinguished constitutional lawyer and former Attorney-General of Abia State, shared his perspective on the Supreme Court’s July 11, 2024, ruling that granted financial autonomy to Nigeria’s 774 local government councils. Despite widespread praise for the ruling, Prof. Kalu expressed his disagreement,…
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