The Central Bank of Nigeria has written to all banks in Nigeria to stop the use of foreign currencies as collateral for naira loans. It disclosed this in a circular titled “The use of foreign-currency-denominated collaterals for naira loans” with ref number: BSD/DIR/PUB/LAB/017/004. The circular was signed by the apex bank’s acting Director, Banking Supervision…
Beyonce’s blockbuster country album “Cowboy Carter” has debuted atop the Billboard 200 chart—the eighth number-one album of her storied career. She also became the first Black woman to top Billboard’s Top Country Albums chart with the 27-track second act in her “Renaissance” trilogy. “Cowboy Carter,” which dropped on March 29, debuted with 407,000 equivalent album…
Governor Babajide Sanwo-Olu of Lagos State has appointed a 28-year-old travel content creator, Pelumi Nubi, as the state tourism ambassador. This was made known by the governor’s Senior Special Assistant on New Media, Jubril Gawat, in a tweet via his profile on X on Monday. He said, “Welcome, Pelumi Nubi peluminubi_, Our Brand New Lagos…
The newly appointed Deputy Governor of Edo State, Marvellous Omobayo, was sworn in on Monday by the Chief Judge, Daniel Okungbowa. According to his profile made available to PUNCH Online, the new deputy governor is an engineer with a track record of progressive professional experience in the oil and gas sector. In his inaugural speech,…
The Federal Government is to launch three new national identity cards in May this year and has a target of providing them for about 104 million citizens across the country. The three new national identity cards planned by the National Identity Management Commission include a bank-enabled National ID card, a social intervention card, and an…
The undersigned media ORGANISATIONS, media associations and professional bodies as well as civil society organisations wish to express our deep concern and strong condemnation regarding the recent unlawful arrest, detention, brutalisation and torture of Mr. Segun Olatunji, Editor of FirstNews newspapers, by military personnel in response to stories published by the media outlet. We hereby…
Governor Ademola Adeleke has commiserated with the people of Ayedire Local government over the demise of His Royal Highness, Ọba Olaoye Yinusa Oyelayo Akanbi, the Atolugbu Of Ejemu, Oke Oba. In a condolence message issued this morning, the Governor described the late monarch as “a grassroot development champion, a top political elder in Osun State…
Edo State Chief Judge, Justice Daniel Okungbowa has sworn in Omobayo Godwin as the new deputy governor of the state. Omobayo was appointed by governor Godwin Obaseki immediately after the impeachment of Philip Shaibu on Monday. Recall the Edo State House of Assembly on Monday impeached the embattled deputy governor, Comrade Philip Shaibu. The impeachment…
Edo State Chief Judge, Justice Daniel Okungbowa has sworn in Omobayo Godwin as the new deputy governor of the state. Omobayo was appointed by governor Godwin Obaseki immediately after the impeachment of Philip Shaibu on Monday. Recall the Edo State House of Assembly on Monday impeached the embattled deputy governor, Comrade Philip Shaibu. The impeachment…
Nollywood actress, Adejumoke Oreoluwa Aderounmu, popularly known for her role as ‘Esther’ in popular TV series Jenifa’s Diary, is dead. Adeola Aderounmu, the brother of the actress, announced her passing through his Instagram story on Sunday. He also posted a flyer detailing the burial arrangements and captioned the post, “You are in a better place…
