Billionaire businessman, Alhaji Aminu Dantata has said that the presidential system of government practised in Nigeria has failed the country. The businessman who hosted the Northern Elders Forum who paid him a condolence visit over the death of Sani Dangote, Othman Bashir Tofa, among other prominent Kano people who died recently, urged the elder statemen…
The World Bank has said Nigeria may have one of the highest inflation rates in the world in 2022. Following increasing prices diminishing the welfare of Nigerian households, the international finance institution projected that the West African country might have one of the highest inflation rates globally and the seventh highest among Sub-Saharan African countries in…
President Muhammadu Buhari has approved payment of salaries of health workers which were withheld when they embarked on a strike. This was disclosed on Thursday December 16 by Minister of labour and employment, Chris Ngige, after a meeting with the president at the state house in Abuja. Ngige said the President has directed the ministry…
Chairman of Global Fleet Group, Jimoh Ibrahim has lost an appeal challenging seizure of his 12 assets and freezing of all his accounts by the Asset Management Corporation of Nigeria (AMCON). Prior to the recent ruling, Justice Rilwan Aikawa of the Federal High Court, Lagos had issued an order authorizing AMCON to take over Ibrahim’s assets over an alleged N69.4billion…
Singer Skiibii has taken to Instagram to cry out over the electricity bill he was given. The bill from Eko Electricity Distribution Company was over a million and the singer disclosed that he doesn’t stay in his house all the time to get such. Skiibii wrote; How much is transformer sef if…
A lotto operator identified simply as Seyi has reportedly committed suicide by setting himself ablaze. The deceased who runs a gambling house in Ikire, Osun State, reportedly locked himself up in his gambling kiosk and set himself on fire. He was badly burnt before he could get help and it is suspected he carried out the…
The Nigerian senate has said that the aviation ministry is not being realistic with its proposal of a national carrier. Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Senator Uba Sani said this at the committee’s retreat in Niger state on Wednesday December 1. Sani also accused the Aviation Ministry of frustrating the efforts of…
Virgil Abloh, the artistic director for Louis Vuitton and the founder of Off-White, has died after battling cancer privately for years. The statement posted on Twitter reads: “LVMH, Louis Vuitton and Off White are devastated to announce the passing of Virgil Abloh, on Sunday, November 28th, of cancer, which he had been battling privately for…
The Naira fell to 555 per Dollar at the parallel market on Monday, Nov. 22. The Nigerian currency had recently fallen to 575 per dollar but it peaked last week at 530 per dollar. However, on Monday, it fell again, sliding to 550 Naira per dollar in the parallel market as demand for dollars…
The Federal government is set to lose N90 million as the Nigerian Railway workers begin a three-day warning strike today November 18. The workers began the strike action today November 18. They are demanding among other things better welfare of staff, enhanced salary, better working environment, payment of their promotional arrears, demolition of their staff…
