The Trump administration has opened a criminal investigation into U.S. Federal Reserve Chair Jerome Powell, triggering sharp political backlash and renewed concern over the independence of the world’s most powerful central bank. The probe became public late Sunday after Powell disclosed that the U.S. Justice Department issued subpoenas to the Federal Reserve. The subpoenas relate …
Nigerian artists led the 9th All Africa Music Awards (AFRIMA) on Sunday night, claiming multiple top honours across regional and continental categories. Leading the accolades was Rema, who won Artiste of the Year, Best Male Artiste, Western Africa, and Best African Artiste – RnB & Soul. Other notable winners include Burna Boy (Album of the …
People across the world have taken to the streets to show support for protesters in Iran, where demonstrations erupted in late December after the collapse of the rial currency. From Berlin and Istanbul to Washington, thousands marched over the weekend in solidarity with Iranians demanding change. In Paris, protesters waved flags of Iran’s former monarchy …
The Nigeria Deposit Insurance Corporation (NDIC) has announced a ₦24.3 billion second liquidation dividend for depositors of the defunct Heritage Bank with balances above the insured limit of ₦5 million. NDIC made the declaration in a statement issued on Sunday by its Head of Communication and Public Affairs Department, Hawwau Gambo. “It is in continuation …
As Nigeria pushes for new investments in the oil and gas industry, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has scheduled to hold a pre-bid conference for the 2025 oil and gas licensing round. In a statement released on Friday, signed by the NUPRC Chief Executive, Oritsemeyiwa Eyesan, the Commission said the licensing round pre-bid …
The Presidential Fiscal Policy and Tax Reforms Committee has rejected most of the observations made by KPMG on Nigeria’s newly enacted tax laws, describing the advisory firm’s conclusions as largely flawed and based on misinterpretation. The committee, chaired by renowned tax expert Taiwo Oyedele, conveyed its position in a response issued on Saturday to KPMG’s …
Jose Mourinho, the renowned football manager, has been vocal about his admiration for the way the Africa Cup of Nations (AFCON) uses the Video Assistant Referee (VAR) system, contrasting it with the often contentious application of VAR in European football. His comments, which have sparked discussions across the football world, highlight not only the differences …
First HoldCo Plc has announced a series of board appointments across its non-commercial banking subsidiaries. The parent company of First Bank of Nigeria Limited disclosed the development in a statement filed with the Nigerian Exchange Limited on Friday. It said the appointment is part of a broader strategy to strengthen governance and position its businesses …
The Federal Government and Niger State have signed a landmark Memorandum of Understanding (MoU) to launch the Sustainable Integrated Productive Communities (SIPC) Programme. The initiative combines housing, agriculture, renewable energy, and enterprise development into a single model aimed at inclusive growth. The MoU was signed at the Federal Ministry of Finance, Abuja. The Ministry will …
Nigerian singer Ayodeji Balogun, popularly known as Wizkid, has made history as the first African artist to surpass 10 billion streams on Spotify. The milestone reflects his cumulative streams across all credits on the global platform. Wizkid’s collaboration with Canadian superstar Drake and British singer Tyla is his most-streamed song, nearing 4 billion streams. READ …
