Analysts at Proshare Nigeria, an online news media, have projected increased bank loans and advances among other things following banks’ recapitalization. Presenting a book, “ Beyond Profit: How a Nigerian company built a culture of credibility”, in Lagos Mr. Teslim Shitta-Bey, Managing Editor/Chief Economist, Proshare Nigeria, said: “Banks will increase loans and advances. Those will result […]
The Naira yesterday depreciated in the parallel market to N1,520 per dollar from N1,515 per dollar on Tuesday. Similarly, the Naira depreciated to N1,512.61 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM fell to N1,512.61 per dollar from N1,509.45 per dollar on […]
Former Super Eagles coach, Finidi George has been unveiled as the new technical manager of Rivers United. The club made the announcement in a post on its X account on Wednesday. “Rivers United Football Club is pleased to announce the appointment of Finidi George as our new Technical Manager,” the club said in a statement […]
An operative of the Economic and Financial Crimes Commission (EFCC) has died by suicide at his residence in Abuja, Nigeria’s capital city. The deceased, a member of Course 5, was described as diligent, efficient, and unassuming. A source at the headquarters of the commission said, “The deceased was a diligent and efficient operative, known for […]
The high cost of drugs in the country would persist, as local production of the products is near total collapse due to inconsistencies in government policies. Though the Nigerian pharmaceutical market boasts over 200 manufacturing and packaging companies made up of three dominant segments of readily available over-the-counter drugs (43.1 per cent), affordable generics (38.9 […]
IT was confusion and lamentation galore in Lagos, yesterday, as activities in most parts of the state were paralysed following early morning rains that left many neighbourhoods heavily flooded, with motorists trapped along major roads, including the ever-busy Third Mainland Bridge. It was also blame galore, with many pointing accusing fingers at the state government […]
A final year student of the Tai Solarin University of Education (TASUED), Ijagun, Ogun State, Ahmed Ayinla Fabiyi has been killed by suspected cultists. Fabiyi, a student of History and Diplomatic Studies Department, who was seated for his final paper, was dragged out of the examination hall by the cult group. It was gathered that […]
Famous Nigerian musician, Burna Boy has set tongues wagging following the celebration of his birthday with his parents. In a now controversial video on social media, Burna Boy celebrated his 33rd birthday with his mother, Bose Ogulu, and his father at a nightclub. The clip, which quickly captured netizens’ attention on the internet, sparked hilarious […]
Famous Nigerian rapper, Falz, has revealed what attracts him most to a woman. The singer made this known in his latest interview with Bibi Rai on the ‘Morning Rush Show’. In the now viral video, Falz also confessed that he hasn’t been in a romantic relationship since he was 18 years old. Speaking about his […]
Super Eagles vice-captain, William Troost-Ekong played his first game in seven months in PAOK Salonica’s friendly against AEK Larnaca. The Greek Super League champions won the game 2-1. Troost-Ekong was sidelined after undergoing surgery for an injury he sustained at the 2023 Africa Cup of Nations in Cote d’Ivoire. The 30-year-old returned to training towards […]
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