CBN and global instability, vulnerability of cryptocurrencies

When in February, the Central Bank of Nigeria (CBN) directed banks and other financial institutions to cease transactions in cryptocurrencies and facilitating payment for cryptocurrency exchanges, several stakeholders raised concern about the directive. In the memo, dated February 5, the apex bank instructed banks and other financial institutions to identify individuals or entities that transact…

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Nigeria will Shake When South Takes Position on 2023 Elections, Says Rivers Governor Wike

Rivers State Governor, Nyesom Wike, has said the stakeholders in the southern region would soon take a position concerning the 2023 presidential election.Wike spoke on Saturday at a reception organised in his honour by the Kalabari people.“The day the South will speak, Nigeria will shake,” the governor said.“We believe in the unity of this country,…

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NNPCL Cuts Dangote Refinery Stake to 7.2% for CNG Investment

By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPCL) has strategically reduced its stake in the Dangote Refinery from 20% to 7.2%, opting to divert funds toward the development of Compressed Natural Gas (CNG) infrastructure across the country. This was disclosed by NNPCL spokesperson Olufemi Soneye during an appearance on Berekete Family Radio, a…

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Dangote Raises Alarm Over High Interest Rates at MAN Summit

While addressing the audience during the opening session of a three-day summit organized by the Manufacturers Association of Nigeria (MAN) at the Banquet Hall of the State House, Abuja, on Tuesday, Aliko Dangote expressed concerns over the high interest rates, stating that businesses cannot cope with the current rate. In May, following a two-day meeting,…

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Zelensky hails Ukrainian people as “people of the year” in anniversary interview

Volodymyr Zelensky hailed the people of Ukraine as the “people of the year” in an anniversary interview marking his three years as President. Asked about coming first in a Time magazine reader poll of most influential people of 2022, Zelensky replied: “I refer it to the Ukrainian people – they are people of the year….

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Falana urges youths to engage in politics for better Nigeria

Femi Falana, a Senior Advocate of Nigeria (SAN), on Monday urged youths to engage more in politics to achieve a new Nigeria. Falana made the call during the 2021 Felabration Symposium, held at Ikeja, Lagos. The theme for this year’s Felabration celebration is “Viva Nigeria”. The theme was picked from late Fela Anikulapo Kuti’s old…

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CCC Sisters’ Retreat 2025: “She That Believes” Unites Worshippers

By Ayomide Otitoju and Morayo Shokunbi The Celestial Church of Christ (CCC) National Sisters’ Retreat 2025 is currently taking place at CCC Ajegunle Cathedral, Remo Regional Headquarters, Sagamu, Ogun State. The three-day spiritual gathering, themed “She That Believes” (Luke 1:45), runs from Friday, March 21, to Sunday, March 23, 2025, bringing together participants from across…

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Stanbic IBTC Retains Top Spot in 2024 KPMG Customer Experience Survey

By Ayomide Otitoju Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has retained its position as the leading bank in customer experience in the 2024 KPMG West Africa Banking Industry Customer Experience Survey. The bank topped the retail banking segment for the fourth consecutive year with a customer experience score of 75.5%, while also…

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