The Chartered Institute of Bankers of Nigeria (CIBN) on Wednesday reassured Nigerians that the banking system remained “safe, sound and resilient”, dispelling fears of bank liquidations. CIBN’s President/Chairman of Council, Prof. Pius Olanrewaju gave the reassurance in a statement in Lagos to correct misinformation and fake news that licence of more banks will be revoked. Olanrewaju emphasised the importance of …

Lagos State Governor, Mr. Babajide Sanwo-Olu, has enjoined Nigerians, particularly Lagos residents, to protect and sustain the present democratic government in Nigeria. He said all hands must be on deck to sustain democracy in Nigeria so that the struggle of the nation’s founding fathers and heroes of democracy, especially those who fought for the return of Nigeria to a democratic …

Veteran Nigerian comedian, Atunyota Alleluya Akpobome, popularly known as Ali Baba, has stated that some persons now liquidate their investments to leave the country. He also stated that many people in the entertainment industry have left the country in the last few years. Speaking during an appearance on Channels TV’s Sunrise programme, Ali Baba stated that some of the people …

Nigerians enthusiastic about the Tapswap crypto-mining app which has taken the country by storm, have been encountering a hurdle as access to the app has been restricted. Reports on social media indicate that the site fails to load or complete transactions when accessed through Nigerian internet connection. However, users have discovered a workaround by using Virtual Private Networks to bypass …

Some followers of Nigerian football have taken a swipe at the new head coach of the Super Eagles for asserting the oldest player will be made the captain of the team. The former Enyimba coach, who was announced as the substantive handler of the team last week, made the assertion at Brila FM in continuation of his tour of media …

Amid Nigeria‘s myriad of socio-economic challenges, the prolonged delay in conducting the population and housing census has emerged as a prominent worry for citizens nationwide. Eagerly awaiting the crucial census, Nigerians are increasingly vocal about the necessity of accurate data to tackle pressing issues affecting the country. Against a backdrop of economic volatility, security concerns, and demographic shifts, the urgency …

German police said yesterday, they had arrested 11 suspected members of a Nigerian mafia group behind a large-scale dating scam. The alleged Black Axe gang was involved internationally in “multiple areas of criminal activity”, with a focus in Germany on dating scams and money laundering, Bavarian police said in a statement. The dating trick was a “modern form of marriage …

President Bola Tinubu has approved the commencement of the N100 billion Consumer Credit Scheme for Nigerians amid escalating economic hardship in the country. In a statement on Wednesday, the President’s spokesperson, Chief Ajuri Ngelale said that interested Nigerians are expected to visit the portal of Nigerian Consumer Credit Corporation before 15th May 2024. “Consumer credit serves as the lifeblood of …

No fewer than eight South African-based Nigerians have been arrested for allegedly attacking police officers during a drug raid. The South African Police, in a statement on Friday shared on its X handle, said the suspects were arrested in the Northern Cape province. According to the statement, the suspects also damaged vehicles and other property. “At the time of the …

The Minister of Power, Adebayo Adelabu has apologised to Nigerians over his comment that they keep their freezers and air conditioners on when they are not at home. Adelabu clarified during an interview with Channels Television on Thursday that his comment was not meant to offend the sensibilities of Nigerians. Recently the Minister of Power remarked that Nigerians lack a …