A 25-year-old widow, Abiodun Mariam, has been sentenced to three years imprisonment by a federal high court in Osogbo, Osun state capital, for illegal possession of 5.150kg of cannabis sativa. The convict was said to have committed the crime on January 5, 2024, along Gbongan-Ibadan road, in contravention of section …
Read More »Forex regulation: Sellers of forex from $10,000 to declare sources of funds – CBN
In a bid to streamline and stabilize foreign exchange market in the country, the Central Bank of Nigeria (CBN) has rolled out a revised regulatory framework for Bureaux De Change operations, stipulating that sellers of foreign exchange amounting to $10,000 and above, must declare the sources of their forex. The …
Read More »‘Transport fare terrible, garri no longer snacks’- Nigerians weep, lament economic hardship
As the nation’s economy bits unrelentingly, Nigerians are devising different ‘structural adjustment strategies’ to keep body and soul together, the News Agency of Nigeria reports. A cross-section of respondents, who spoke with NAN in Ibadan on Friday, said they had resorted to rationing their meagre resources amidst other coping mechanisms. …
Read More »I quit football for music – Pasuma recalls
Fuji singer, Wasiu Alabi Pasuma, has revealed that he was once a professional footballer before he quit the round leather game for music. He said that his exclusion from the 1985 squad that participated in the FIFA/KODAK World championship in China, which Nigeria ultimately won, was the reason for his …
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