The United Bank for Africa (UBA) has frozen the account of the human rights organization, Take It Back (TIB) Movement, following their call for #EndBadGovernance protests in Nigeria. According to TIB Movement, the account freeze was ordered by Nigeria’s Department of State Services (DSS), also known as the State Security Service. The organization has threatened…
Ghana’s central bank has maintained its main interest rate at 29 percent for the third consecutive meeting, emphasizing the need for a strong monetary stance amid ongoing inflation uncertainties. This decision, announced on Friday, defied economists’ predictions of a 50-basis-point cut. “Although inflation is expected to stay within the target range for the year, risks…
The Chairman of Edo State Market Women Association, Blacky Ogiamen, led a protest on Thursday, rejecting the planned leadership imposition by the Iyaloja of Lagos, Chief Folasade Tinubu Ojo. Ogiamen emphasized her position as the legitimate chairman of the association, warning that market women leadership in Edo State should not be politicized. “We are saying…
Former President Olusegun Obasanjo has attributed the delay in his birth to the influence of supernatural forces, claiming that witches and wizards troubled his mother before divine intervention. This revelation was made during a drama presentation titled “Aremu omo Asabi,” held in remembrance of his late mother, Bernice Obasanjo, 66 years after her passing. The…
In a significant endorsement, former US President Barack Obama threw his support behind fellow Democrat Kamala Harris’ bid for the White House on Friday, delivering a major boost to her campaign against Donald Trump in the upcoming November presidential election. “Earlier this week, Michelle and I called our friend Kamala Harris. We told her we…
On Thursday, President Tinubu addressed a delegation of Islamic leaders led by Sheikh Bala Lau at the Presidential Villa, highlighting concerns about recent protests and ongoing economic reforms. Though he did not identify any specific sponsors, President Tinubu suggested that those orchestrating the protests possess alternative passports and conduct virtual meetings globally. “The sponsors of…
By Ayomide Otitoju Between January and July 2024, Nigeria lost an average of 437,000 barrels of crude oil daily, worth about $10 billion, due to theft, vandalism, and other criminal activities, the House of Representatives declared on Thursday. In response, the House of Representatives Special Committee on Oil Theft and Losses has initiated investigations into…
Byyomide Otitoju FCMB Group has reported a significant 68.1 per cent increase in profit for the first half of the year, reaching N59.5 billion, up from N35.4 billion in the same period last year. This impressive growth was disclosed in the group’s quarterly report and financial statements for the period ended June 30, filed with…
By Ayomide Otitoju On Friday, the Nigerian National Petroleum Company Limited (NNPCL) announced a significant recruitment drive for various positions across multiple departments within the energy company. The recruitment marks the first since NNPC’s full transition into a limited company in 2022. In a statement published on the company’s website, Soneye, a representative of NNPCL,…