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Why I Stepped Down as CEO of UBA – Tony Elumelu
Tony Elumelu has opened up on why he stepped down as the CEO of the United Bank for Africa (UBA). Elumelu founded the Heirs Holdings Group immediately after and is the current Chairman. He revealed that the Central Bank of Nigeria’s (CBN) policy, which limits the tenure of bank CEOs to ten years, was a…
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Onyeka Onwenu Laid to Rest in Lagos (video)
celebrated actress, journalist and music icon, Onyeka Onwenu, known as the “Elegant Stallion,” has been laid to rest in Lagos. She d!ed on the 30th of July at the Reddington Hospital, Ikeja, after collapsing at an event honouring the Managing Director of Emzor Pharmaceuticals, Dr Stella Okoli. punchng.com/breaking-music… She was 72 years old. The funeral…
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Central Bank Warns Nigerians of More Financial Strain and Individual borrowing
A Central Bank of Nigeria report has warned of an increasing financial strain faced by Nigerians. According to the report, more Nigerians may be forced to rely on borrowing to cover their increasing expenses over the next six months. The report, titled “Inflation Expectations Survey Report” for July 2024, revealed that household expenditures are expected…
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Peter Obi Reacts to Threat to Poison Some Nigerians (video)
The presidential candidate of the Labour Party in the 2023 elections, Peter Obi, has condemned the threat made by a Nigerian based in Canada, Amaka Sunnberger. Amaka slammed Igbos for being too docile and allowing themselves to be trampled upon by other Nigerians of Yoruba and Benin descent. In a video clip which started trending…
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Doctors’ Strike: Federal Government Evokes ‘No Work, No Pay’ Policy
The Federal Ministry of Health and Social Welfare has invoked the “No Work, No Pay” policy against the Nigerian Association of Resident Doctors (NARD) in response to their recent seven-day warning strike. The strike, which began on Monday, was in protest of the continued detention of their abducted colleague, Dr. Ganiyat Popoola-Olawale. In a statement…
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Man Narrates How He Hacked Neighbour’s Little Daughter to D3ath
A m*rder suspect Nweke Chukwuemeka who was arrested in Enugu State for the tragic d3ath of his neighbor’s little daughter, has told the police how he carried out the crime. In a recent video shared by AIT, Chukwuemeka said he did not intentionally k!ll the girl. He said that he had a good relationship with…
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Hundreds of Gobir Residents Storm Forest to Confront Bandits Who K!lled Their Monarch (video)
Hundreds of residents of Gobir in Sokoto State have stormed nearby forests to confront bandits who have been causing havoc in their community, k!lling and abducting residents. The residents, determined to rescue 150 abducted individuals, embarked on the mission after losing faith in the ability of security forces to protect them. The incident follows the…
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Islamic Cleric Seeks Help as 3rd Wife Delivers 11 Babies
A 56-year-old Islamic cleric, Yahya Nafiu, has called on the public for financial assistance after his wife conceived 11 babies. Yahya, from Ilorin in Kwara State, said that his wife, Latoyossi Alake, a native of Ajasse-Cotonou, gave birth to the 11 babies in a traditional home in Porto-Novo in the Benin Republic. He said the…
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Ethiopian Airlines Gives Reasons for Backing Out of Nigeria Air Deal
The Group Chief Executive Officer (GCEO) of Ethiopian Airlines, Mesfin Tasew, has revealed that the creation of a national airline in Nigeria has been influenced by political factors. He explained that Ethiopian Airlines, recognized as the largest airline in Africa, aimed to assist the Nigerian government in establishing a successful airline; however, the initiative faced…
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Ekweremadu in Fresh Trouble with London Police
Former Nigerian Deputy Senate President Ike Ekweremadu, who was sentenced to 10 years in prison for human trafficking last year, is under investigation by the London Metropolitan Police in a new case linked to him. The latest update is contained in a documentary titled “Daniel vs Ekweremadu,” the police are investigating a case involving Ekweremadu,…