Diamond Celebrities

The current naira scarcity, occasioned by the currency swap policy of the Central Bank of Nigeria (CBN), is taking a toll on healthcare services across the country. Patients are increasingly denied access to care at health facilities as many of the facilities operate mainly cash-only systems or have poor e-payment systems. These facilities turn down […]

A fresh poll by Bloomberg News has placed Labour Party (LP)’s Peter Obi as the leading presidential candidate ahead of this month’s election.  The pre-election poll conducted for Bloomberg News by Premise Data Corp said the former Anambra governor was the preferred candidate for the nation’s top job, beating the Peoples Democratic Party’s (PDP) Atiku […]

The National Agency for Food Drug Administration and Control on Thursday declared a state of emergency on bleaching after establishing that Nigeria has been ranked first in cases of bleaching. The Director-General of NAFDAC, Prof. Mojisola Adeyeye, raised the alarm on the menace of bleaching creams in Nigeria, saying the problem has become a national […]

The Central Bank of Nigeria (CBN) says it allocates new naira notes to banks on a daily basis. CBN Director, Consumer Protection, Mrs Rashidat Monguno, said this in Offa, Kwara State, on Thursday, attributing scarcity of the redesigned notes to sabotage by some commercial banks. Monguno, who was on an exercise to monitor microfinance banks, […]

The Academic Staff Union of Universities has condemned the directive of the National Universities Commissions to the Committee of Vice-Chancellors of Nigerian Universities that universities should be shut to enable students to participate in the forthcoming general elections. The NUC gave the directive in a letter on Tuesday addressed to vice-chancellors of all universities and […]

The senator representing Delta North in the National Assembly, Peter Nwaboshi, who was convicted and sentenced to seven years’ imprisonment seven months ago by the Court of Appeal in Lagos for laundering, was on Wednesday remanded in the Ikoyi Custodial Centre to commence his prison term. The Economic and Financial Crimes Commission stated that Nwaoboshi […]

Former deputy president of the Senate, Ike Ekweremadu, has denied offering money to a prospective kidney donor to save his sick daughter, Sonia. The lawmaker, his wife, Beatrice, and their 25-year-old daughter are on trial in London for allegedly trafficking a young man from Nigeria to serve as kidney donor. The Ekweremadus were alleged to […]

The naira crisis sparked violent protests in parts of the country yesterday as most bank branches hurriedly shut down operations. A First Bank branch was torched in Ogun State during the protest in which a man was shot. Abeokuta, the state capital, was thrown into chaos as angry youths blocked some roads, set bonfires and […]

The Nigerian National Petroleum Company (NNPC) Limited has apologised to Nigerians for the over three months of pains caused by the nationwide fuel scarcity. The Group CEO, NNPCL, Mele Kyari, who spoke during an interview on Channels Television’s special election programme The 2023 Verdict on Tuesday, assured the public that the “glitch” will be resolved […]

Three governors of the ruling All Progressives Congress (APC) have sued the Federal Government over the naira redesign policy of the Central Bank of Nigeria (CBN). The issue of naira redesign has generated tension in the country owing to the scarcity of new notes. Governors Nasir El-Rufai (Kaduna), Yahaya Bello (Kogi) and Bello Matawalle (Zamfara) […]

The Economic and Financial Crimes Commission (EFCC) has arrested a bank manager for allegedly hoarding new naira notes. There has been crisis across the country over the scarcity of the new notes as thousands of Nigerians spend hours across ATMs and banking halls, just to withdraw money. While announcing a new deadline for the circulation […]

A former Edo State Governor Adams Oshiomhole has lamented the scarcity of fuel and the hike in the pump price of the product, claiming he recently paid N1,000 for a litre.  In several parts of Nigeria, queues have resurfaced in filling stations with many buying the product for as much as N500 and above for […]

President Buhari on Friday, urged citizens to give him seven days to resolve the cash crunch that has become a problem across the country from the Central Bank of Nigeria policy to change high-value naira notes with new ones. Speaking to the Progressive Governors’ Forum who paid him a visit at the Presidential Villa to […]