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Business

eNaira Records N8 billion Transactions

Governor of the Central Bank of Nigeria, CBN, governor, Godwin Emefiele, has revealed that the eNaira recorded N8 billion worth of transactions in the one year since its launch. Emefiele disclosed this at a conference to mark the first anniversary of the digital currency, in Lagos State. The Governor added that the central bank has spent a lot of money to adopt a cashless economy.

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World

Earthquake in Philippines Claim Lives

At least 26 people were injured by a magnitude 6.4 earthquake that rocked northern Philippines. The Earthquake forced the closure of an international airport, sent panicked residents into the streets and caused substantial damage to a hospital. Police and civil aviation officials revealed that at least 26 people were injured in the home province of President Ferdinand Marcos. The president warned of aftershocks and advised people to stay out of […]

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News

CBN to Roll Out New Naira Notes

The Central Bank of Nigeria, CBN, has announced that it will redesign the N200, N500 and N1,000 notes respectively. CBN Governor, Godwin Emefiele, disclosed this during a special press briefing in Abuja. Emefiele revealed that he has secured the approval of President Muhammadu Buhari to roll out new notes to replace the existing currency in circulation. The Governor noted that the action was taken in order to take control of […]

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News

Soludo Tasks Population Commission on Credible Census

Anambra State Governor, Chukwuma Soludo has urged the National Population Commission, NPC, to conduct a credible census in 2023. Soludo made the call during the Stakeholders’ Summit on the 2023 Population and Housing Census in Awka, the State capital. He harped on the need for the commission to provide the country with reliable, acceptable and credible data that can aid effective and efficient planning. The Governor noted that the numbers […]

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World

British PM Sets Economic Stability Agenda

The new British Prime Minister, Rishi Sunak, has promised to place economic stability and confidence at the heart of his government’s agenda. He was appointed PM by King Charles III after their meeting at Buckingham Palace on Tuesday. Sunak has pledged to govern with integrity and has included people from different wings of the party in his top team. The prime minister promised better schools, safer streets, control of borders, […]

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Business

LPG Consumption Records an Increase of 1000 percent

Nigeria’s consumption of Liquefied Natural Gas has increased by over 1000 per cent in the last 14 years. The assertion was made by the Managing Director and Chief Executive Officer, NLNG, Philip Mshelbila, at the Conference of the Nigerian Liquefied Petroleum Gas Association held in Lagos. According to him, NLPGA and NLNG’s intervention had seen the supply of LPG grow from 60,000MT in 2007 to over 1.3million metric tons in 2021, […]

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Entertainment News

REMA Drops Video for His Single DIRTY

Afro-beats superstar Rema has released the music video for his single 'Dirty' Rema made the announcement on his Instagram page. The video shows the easy love of young lovers who finds delights in nature and cheap thrills while not caring about society's moral police.

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Sports News

Messi breaks Ronaldo’s record in PSG’s Latest Win

Paris Saint-Germain forward, Lionel Messi has moved above his eternal rival Cristiano Ronaldo for most goals scored from outside the box in the UEFA Champions League. Messi achieved the feat after scoring two goals in PSG’s Champions League 7-2 win over Maccabi Haifa on Tuesday night. The seven-time Ballon d’Or winner scored a brace, with his first being a delightful effort in the 19th minute following an assist from teammate […]

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News

FG Distributes Relief Materials to Flood Victims

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya umar Farouq has confirmed the distribution of relief items to 21 states affected by the floods. Farouq made the confirmation at a Briefing on the flood situation across the country in Abuja. According to her, distribution of food and non-food items to states has been made available, adding that the Search and Rescue Operations have been on their toes […]

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