SAN challenges CBN over dollar trading in Nigeria
A Senior Advocate of Nigeria, Femi Falana, has challenged the Central Bank of Nigeria on why people in the country were still trading in foreign currencies in the country despite the fact that the apex bank has declared it illegal. Falana in a letter to the CBN demanded information
Black box of crashed Tara Air aircraft recovered by mountain guides
A team of experienced international and national mountain guides on Tuesday retrieved the black box of the Tara Air plane that crashed in Nepal’s mountainous Mustang district on Sunday, killing 22 people on board, including four Indians. Chief District Officer Netra Prasad Sharma of Mustang said that rescuers on Tuesday
Experts warn Nigeria as World Bank predicts global recession
Economic and financial experts have warned that Nigeria could face serious economic consequences if the global economy contracts into a recession, as predicted by the World Bank. The President of the World Bank Group, David Malpass, told a United States business event on Wednesday that it was difficult to “see
3 takeaways from Dollar General, Dollar Tree earnings that sent stocks soaring
Shares of Dollar General and Dollar Tree popped Thursday, as the discounters beat Wall Street’s quarterly earnings expectations, raised outlooks for the coming year and spoke of consumers flocking to lower prices during inflationary times. Dollar General shares rose 13.71% to close at $222.13 on Thursday. Dollar Tree shares jumped
Actress Funke Akindele storms Lagos school to celebrate children
Nollywood actress and producer, Funke Akindel has paid a visit to Evaron School in Lagos and left the pupils of the school overexcited. The actress was invited by Kellogg Nigeria to spend time with the pupils of the school in celebration of children’s day. Sharing the beautiful moments on
Justin Timberlake sells his entire music catalog for ‘$100m’
Music star, Justin Timberlake has sold his entire song catalog. Timberlake sold his music to London-based firm Hipgnosis Song Management, joining a wave of music stars who are selling the rights to their music for millions of dollars. Hipgnosis Management announced on Thursday, May 26, the purchase of all
Anita Joseph finally opens up on the age difference between herself and hubby
Curvy Nollywood actress Anita Joseph married to celebrity hype man, Fisayo Olagunju, popularly known as MC Fish has opened up on the age difference between both of them. The Anambra State born movie star who doubles as a brand influencer in a brief chat with Kemi Filani said it
Every house in UK to receive £400 grant to help with rising energy bills
All households with a domestic electricity connection will be getting a grant of £400 to help them cope with the rising energy bills. The new support comes instead of the £200 energy discount people were due to receive from October. The £200 discount had been much-criticised and labelled
Environment: NEITI moves to hold oil companies, miners accountable
The Nigeria Extractive Industries Transparency Initiatives, NEITI, yesterday took the first step to compel petroleum and mining companies to report on the impact of their operations on the local environment across the country. Speaking at a national stakeholders’ validation workshop on the development of frameworks for environmental impact and gender
Dangote lists 7 points to stimulate investment, stabilize downstream sector
DANGOTE Refinery, an indigenous refining company, yesterday, listed seven points, capable of enabling Nigeria to stimulate investment and stability in the downstream sector. The seven points included increased private sector enterprise, competitive investment regime, government policy shift, fuel subsidy elimination, introduction of calibrated fuel taxation, reduction of interest rates to