In a swift dramatic reversal, Dangote Petroleum Refinery has resumed the sale of petrol denominated in naira, less than 24 hours after announcing a suspension of local currency transactions. A memo circulated to marketers on Saturday confirms that the decision followed intervention from the Naira-for-Crude Technical Committee, chaired by Dr. Zacch Adedeji. “Following the intervention,…
The Federal Bureau of Investigation (FBI) has released images of a “person of interest” linked to the fatal shooting of Charlie Kirk, the conservative activist and co-founder of Turning Point USA, at Utah Valley University (UVU). The BBC reports that the FBI is asking for public assistance in identifying the suspect and has announced a $100,000…
The Dangote Petroleum Refinery has now suspended the sale of petrol in naira, effective Sunday, a decision that has unsettled fuel marketers and spiked fresh fears of upward pressure on pump prices as well as volatility in Nigeria’s foreign exchange market. In a notice sent to customers at 6:42 pm on Friday, September 26, the…
A married woman has narrated a scary experience between her and a kidnapper that has shocked her followers. The mum of one, said she left her phone at home to run errands and was almost done with her errand when a man in a car stopped beside her to ask for directions. She said she…
A Federal High Court sitting in Abuja has ordered the final forfeiture of seven million dollars found in the vault of a Providus Bank branch in Ikoyi, Lagos, to the federal government. Justice Emeka Nwite delivered the ruling after the Economic and Financial Crimes Commission (EFCC) filed an application seeking permanent forfeiture of the funds….
Ricky Hatton, a former world boxing champion, has passed away. The former boxer died aged 46. His death comes just weeks after he announced his comeback to the ring. Hatton was found dead at his home in Greater Manchester on Sunday morning, and police have said it is not being treated as suspicious. A spokesperson for…
Nollywood actress and content creator Omotunde Sogunle, also known as Motunde, has opened up on how the rumors of a pregnancy with Mr. Macaroni affected her. Speaking during an interview, Motunde stated that she was accused of terminating a pregnancy fathered by her on-screen Daddy, Mr. Macaroni. The content creator said that the shocking rumors had her feeling devastated….
Ecobank Transnational Incorporated (ETI) says it has completed the divestment of its Mozambique subsidiary, Ecobank Mozambique S.A., to FDH Bank Plc. The bank announced the transaction in a statement filed with the Nigerian Exchange Limited (NGX) on Friday. According to ETI, the transaction has now received all required regulatory approvals. With the completion, Ecobank has fully exited…
The Federal High Court in Lagos has ordered the final forfeiture of $7 million (about ₦11.2 billion at the prevailing exchange rate) to the Federal Government after the funds were discovered to have been deposited in Providus Bank under questionable circumstances. According to investigations, the cash was deposited in raw currency on March 26 and 27,…
Nigerian comedian, Julius Agwu has taken to social media to mourn the passing of his mom. The 53 year old comedian did not state the exact conditions surrounding ‘mama Gee’s’ death or the exact date of her death. Comedian Agwu was sometime ago in the news for being sick to the point of death and…
