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CBN’s Steady Hand on Personal Loans: Doing Things Differently, Expecting Different Results, by Rahma Olamide Oladosu   “Insanity is doing the same things over and over and expecting different results” – Albert Einstein As someone who has observed Nigeria’s financial terrain for years, I can confidently say that personal loans have become a vital part […] The post CBN’s Steady Hand on Personal Loans: Doing Things Differently…Read More

NNPC Refineries Could Be Permanently Shut Down – Dangote   The President of the Dangote Group, Alhaji Aliko Dangote, has doubted the possibility of the state-owned Port Harcourt, Warri, and Kaduna refineries functioning again. Dangote also stated that the refineries, which are under the management of the Nigerian National Petroleum Company Limited…Read More

FG Rakes in N12trn from Oil Royalties as Naira Depreciates   The Federal Government’s earnings from oil royalties and others ballooned from about N4tn to N12tn following the devaluation of the naira. This represents a 200 per cent jump in earnings to the government through its Nigerian Upstream Petroleum Regulatory Commission (NUPRC…Read More

Failed Banks in Nigeria have taught us tough lessons about what could go wrong in our financial system. Nigeria’s banking sector has undergone dramatic reforms over the past two decades, yet it has also witnessed a string of high-profile collapses. Understanding the histories of these failed banks in Nigeria is important for learning how mismanagement…Read More

The situation in Nigeria is complex, marked by economic constraints, inadequate healthcare infrastructure and limited insurance coverage. While the importance of good vision is universally recognised, the financial burden of eye care poses a significant challenge for many people around the world, and, specifically, in Nigeria…Read More

Manchester United came from one goal down to beat Hong Kong 3-1 in their last postseason friendly on Friday. Hong Kong took the lead in the 20th minute thanks to Juninho. But the Red Devils equalized after the break after Chido Obi found space inside the box to shoot. Chido Obi completed his brace, before Ayden Heaven added a third in stoppage time. The win comes after Ruben Amorim’s men were booed off the pitch following a 1-0 defeat to ASEAN All-Stars in Kuala Lumpur on Wednesday. The match against Hong Kong was played under a cloud of uncertainty regarding…

Liverpool midfielder, Alexis Mac Allister has insisted that teammate Ryan Gravenberch surprises everyone at the club with his performance. Mac Allister said the Dutchman never gets tired, adding that he is an amazing player. Gravenberch joined Liverpool from Bayern Munich in September 2023. He struggled for minutes during his first season at Anfield as he started only 12 games. However, Gravenberch rebuilt himself under manager Arne Slot and became instrumental to Liverpool’s Premier League success in the just concluded season. Speaking to The Anfield Warp Podcast, Mac Allister said about Gravenberch (via TBR Football): “Yeah, definitely. I think everyone was…

A human rights group, Initiative Against Human Rights Abuse and Torture, (INAHURAT), has urged President Bola Tinubu to intervene and ensure justice in an alleged land grabbing case. The case, involving Plot 4022 at Guzape District and Plots 1861, 1862, 1863 at Katampe District of the Federal Capital Territory, is between the claimant, Hajia Coleen Mero, and Rebecca Omokamo. Mero, a 79-year-old grandmother, said she is the rightful owner of the plots, which she accused Omokamo of illegally acquiring and occupying. In a bid to recover the plots, Mero petitioned the police, Economic and Financial Crimes Commission (EFCC), Federal Capital…

The Court of Appeal has reversed the October 22, 2024 judgment given by a Federal High Court in Kano voiding the composition of the Kano State Independent Electoral Commission (KASIEC) and the local government election it conducted on October 26, 2024. In three unanimous judgments on Friday, a three-member panel, presided over by Justice Biobele Abraham Georgewill, held that the Federal High Court lacked the jurisdiction to entertain cases bordering on the composition of states’ electoral bodies and the qualification of members of such bodies. The Court of Appeal allowed the three appeals filed filed by the Kano State Attorney…

The Kebbi State House of Assembly has confirmed the appointment of Aminu Abdullahi as the substantive Deputy Clerk, following the approval of Governor Nasir Idris. This was contained in a press statement signed by the Secretary of the Kebbi State House of Assembly Service Commission, Bashar Bawa, and made available to journalists on Wednesday. According to the statement, the confirmation followed recommendations by the Assembly Service Commission, chaired by Hon. Umar Altine Suru. Aminu Abdullahi had served in an acting capacity for over a year and was described by the commission as a diligent and experienced officer who demonstrated strong…