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The Central Bank of Nigeria (CBN) has lifted the restrictions on the importation of milk and dairy products. On February 11, 2020, the CBN had added milk and dairy products to the list of items not eligible for forex. However, in a notice to customers, Zenith Bank said the regulator had provided an update on eligible […]

Real Madrid defender Dani Carvajal has welcomed Kylian Mbappe’s imminent move to the LaLiga club. The Spaniard insists that the club has not informed the squad about Mbappe’s impending arrival, although it has been widely reported that both parties have agreed a deal. Caravajal is however keen on playing alongside the France captain. According to […]

Grammy-nominated Nigerian singer Ayra Starr has revealed her desire to be one of the leading Afrobeats artists. The 21-year-old added that it is her desire for the genre to become the biggest in the world. Speaking in a recent interview with Cosmopolitan UK, she said, “My hope for Afrobeats is for it to be the […]

Civil society organizations, CSOs, and a security expert have berated Senate President Godswill Akpabio for linking Thursday’s killings of 16 military men in Delta State to foreign mercenaries. The troops were killed while on a peace mission to the warring communities of Okuoma and Okoloba. Akpabio spoke on Tuesday during plenary when the Senate resolved […]

The World Health Organisation, KNCV Nigeria, and other experts on Tuesday called on governments at all levels to increase investments in tuberculosis to achieve Nigeria’s goal of eradicating the disease by 2030. They made the call at a press conference in Abuja ahead of the 2024 World Tuberculosis Day. They noted that the persistently low […]

Forex turnover at the official foreign exchange market has increased to $11.43bn within over two months of trading following fresh reforms by the Central Bank of Nigeria. An analysis of reports and data of daily forex transactions recorded on the website of FMDQ Securities, a platform that publishes official foreign exchange trading in the country, […]

China’s manufacturing and investment improved in the first two months of the year, while weakness in the property sector weighed on the economy, the National Bureau of Statistics said today. The report said industrial output rose 7 per cent from a year earlier in January-February, better than analysts had forecast. Spending on factories and equipment, […]

Imported food inflation in Nigeria rose to its highest level, reaching 29.8% in February 2024 from 26.3% recorded in the previous month, which represents a 352 basis points increase. This is according to analysis by journalists. Further analysis showed that imported inflation has increased consecutively for over 4 years, largely driven by both internal and […]

Nigerian singer Ugbekile David Osemeke, popularly known as Boy Spyce, has said those criticising his female colleague, Simi, do not realise how talented she is. Simi has been under fire with some fans calling for her to change her voice, saying her sound was monotonous. Seemingly reacting to the backlash, Boy Spyce said he was […]

A yet-to-be identified individual around the team of Mr Peter Obi, the Presidential candidate of the Labour Party, LP, in the last general election, has been accused of reportedly cornering N60 million donated to his campaign. @MissPearls, a strong supporter of Obi, made public the allegation on Sunday via a series of posts on her […]