Addressing concerns over ECOWAS’ intentions, Prof. Bolaji Akinyemi, former Minister of External Affairs, refutes claims that the Economic Community of West African States (ECOWAS) is aligned with foreign interests, particularly France, in its endeavors to address political turbulence in Niger. The recent military coup that led to the detainment of …
Read More »Chidinma debunks marriage rumour with Flavour
Nigerian singer Chidinma Ekile, professionally known as Chidinma, has addressed recent rumors linking her to fellow entertainers Flavour and Kizz Daniel. Speaking on Channels Television’s Rubbin’ Minds, the 32-year-old singer clarified that she is not feeling any pressure to get married, despite ongoing speculations about her romantic life. Chidinma dismissed …
Read More »NNPC denies plans for further petrol hike surge
Olatunde Oluwasola The Nigerian National Petroleum Company (NNPC) Limited has quashed rumors of an impending increase in the price of Premium Motor Spirit (PMS), commonly referred to as petrol. The NNPC has raised concerns by revising petrol prices twice following the removal of subsidies on May 29, 2023. In a …
Read More »Naira at risk as uncertainty clouds CBN firepower
The disclosures in the financial statements recently released by the Central Bank of Nigeria have cast doubt on the value of the country’s foreign exchange reserves, whose continued decline has weakened the CBN’s ability to defend the naira. The FX reserves, which give the central bank the firepower to defend …
Read More »