Rupali Ganguly and Gaurav Khanna starrer Anupamaa is in the news. We have seen the show took a leap of 10-15 years. The story has completely changed and we have seen new actors entering the show. Shivam Khajuria and Alisha Parveen are seen as the leads right now. Apart from them, we have seen Krutika … Read more
Sharia Bill rejection Religion remains one of the most sensitive issues in Nigeria. This stems from the bitter experiences of past ethno-religious crises in places like Jos and Kaduna. On Wednesday, the debate on a bill seeking to amend the constitution and expand the coverage of Sharia law exposed the nation’s religious fault lines. The … Read more
Cornerstone Insurance recorded nearly thrice as much as the net profit it reported in the first half of 2023 in the same period of this year as the bottom line derived a substantial boost from foreign exchange, its newly issued financial report shows. Shares in the company advanced significantly in early trading on the Nigerian … Read more
The naira gained at the official market, trading at N1,278.58 to a dollar on Tuesday.Data from the official trading platform of the FMDQ revealed that the naira gained N30.81 or 2.35 per cent, compared to the previous trading date on Thursday, 28 March 2024 just before the Easter holiday at the rate of N1,309.39 against … Read more
The National Hajj Commission of Nigeria (NAHCON) has once again increased the rate for the 2024 Hajj citing foreign exchange rate adjustment. About 49,000 pilgrims who had earlier paid the old fees of N4.9 million each to the commission are to pay an additional N1.9 million each on or before 28 March, while new registration … Read more
President Bola Tinubu has urged Nigerians to patronise goods made in Nigeria to strengthen the local currency and boost the Nigerian economy. The president made this known in a statement by his Special Adviser on Media and Publicity, Ajuri Ngelale, in Abuja on Friday. Mr Ngelale noted that the president also assured Nigerians that his … Read more
Nigerians are facing one of the West African nation’s worst economic crises in years triggered by surging inflation, the result of monetary policies that have pushed the currency to an all-time low against the dollar. The situation has provoked anger and protests across the country. The latest government statistics released Thursday showed the inflation rate … Read more
A judge, Chukwujekwu Aneke, of the Federal High Court sitting in Ikoyi, Lagos, on Thursday, convicted and sentenced Oluwadarasimi Omoseyin, aka Simi Gold, an actress, to six months imprisonment for spraying and stepping on the new Naira notes at a social event in Lagos. The actress is also a social media ‘serial entrepreneur’ who deals … Read more
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has described the Nigerian currency as “undervalued.” Mr Cardoso stated this Wednesday at the Launch of the Nigerian Economic Summit Group (NESG) 2024 Macroeconomic Outlook Report. “We believe that the naira is currently undervalued and, coupled with coordinated measures on the fiscal side, we will … Read more
Nigeria’s naira ranked third among the world’s worst performing currencies this year, a Bloomberg report said. Of the 151 currencies tracked by Bloomberg this year, naira was the world’s worst performer after the Lebanese pound and the Argentine peso, after closing at N1,043 per $1 on Thursday — about 72 hours to the end of … Read more
