Author: Theden

The governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, says the clearing of the foreign exchange (FX) backlog contributed to the rise in foreign reserves. Cardoso spoke at the CBN governor’s annual lecture series held at the Lagos Business School (LBS) on Friday. The CBN, on March 20, said it had successfully settled all outstanding FX obligations. Speaking on the issue, Cardoso said the clearance was part of his commitment, upon assuming office, to uphold the credibility of the apex bank. “I had no idea in my mind that that particular action contributed in no small way, and it may not…

Nigeria’s former President Olusegun Obasanjo says Nigeria must embrace a whole-of-society approach to end the Boko Haram insurgency and other security threats. Obasanjo spoke on Thursday in Abuja at the public presentation of ‘Scars: Nigeria’s Journey and the Boko Haram Conundrum’, a book authored by Lucky Irabor, the retired chief of defence staff. The former president, who also wrote the foreword, said the insurgency has dragged on for more than 15 years across four administrations, posing one of the most serious threats to Nigeria’s stability. He drew comparisons with past conflicts — including pre-independence militancy, the Tiv riots, and the…

Lagos – Nigeria: Sterling Bank has once again redefined the boundaries of customerfirst banking in Nigeria by scrapping Account Maintenance Fees (AMF) across all personal accounts. Just months after abolishing transfer fees on local online transactions in April 2025, the bank has dismantled yet another long-standing industry practice, cementing its role as the nation’s leading force for transparent, fair, and customer-focused banking. This decision cuts at the heart of a revenue model that has long cost Nigeriancustomers dearly. In 2024 alone, tier-1 banks raked in over ₦650 billion from accountmaintenance and e-banking charges. Sterling’s move rewrites Nigeria’s bankingrulebook while amplifying…

The race for Champions League spots continues this weekend in high-stakes games across various venues in the Premier League. All the games will show live on GOtv.The headline fixture sees Newcastle host Manchester United at St James’ Park. The Magpies are flying, with three straight wins, including a 3–0 dismissal of Leicester, and could move one point clear of fourth-placed Chelsea if they win. They have a game in hand. United remain stuck in 13th after a goalless Manchester Derby, but can still influence the European race. The game kicks off at 4:30 PM on Channel 65 (SS EPL).Saturday kicks…

Looking for your next binge? Showmax has you covered this April with an epic lineup of new and returning favourites. Whether you love action, drama, comedy, or family-friendly fun, there’s something for every mood. Here’s what you need to add to your watchlist this month:The Handmaid’s Tale S6 | First On Showmax | Wednesdays from 16 April Set in a dystopian future, The Handmaid’s Tale follows June Osborne, a woman forced into servitude in the oppressive regime of Gilead, where women are stripped of their rights and treated as property. But June refuses to be broken. As the resistance against…

A visit to most markets in Northern Nigeria shows that there is a huge influx of unbranded products. Like it is with adulterated products, many unbranded monosodium glutamate [MSG) are rewrapped and displayed in transparent nylon bags for consumers to buy. The most worrisome is the fact that the consumption of this unbranded MSG has grown significantly among Northerners posing a serious health risk.Despite increasing warnings from the National Agency for Food and Drug Administration and Control (NAFDAC), consumers have remained hell-bent on patronizing unbranded and rewrapped MSG. This is because the unbranded MSG are sold in the open, from…

L-R Maurice Igugu, Chief Marketing Officer Sterling Bank; Obinna Ukachukwu, Growth Executive, leading the Consumer and Business Banking Directorate Sterling Bank Sterling Bank; Uti Ellu, Group Head, Customer Experience Strategy Sterling Bank and Abubakar Suleiman, MD/CEO Sterling Bank, at the official press conference to formally unveil the Zero Transfer Fee Policy in Lagos recently. … Eliminates bank transfer fees In a bold move that resets the rules of engagement in the Nigerian banking sector, Sterling Bank has removed transfer fees on its digital banking platform, OneBank. This decisive move makes Sterling the first major Nigerian bank to forgo earning a…

The stage is set for an electrifying national super featherweight contest as Lateef “Captain” Azeez squares off against Sodiq “Golden Boy” Oyakojo in what promises to be a defining battle at GOtv Boxing Night 33. The fight, scheduled for eight rounds, will be a crucial test for both boxers, each seeking to assert dominance in the division.Azeez, a hard-hitting fighter with an impressive 80% knockout rate, has made a strong statement since turning professional in 2023. With 8 wins, 1 loss, and 1 draw, he has built a reputation for ending fights early, thanks to his explosive power. His opponent,…

The Showmax Shikini deal may be over, but that doesn’t mean the excitement has to end. April is bringing a whole new wave of must-watch content that’ll make every moment spent on the platform feel completely worth it. If you’re looking to make the most of your subscription this month, we’ve got you covered with all the tips you need.Start with the Big PremieresApril is packed with exciting releases, and if you’re wondering where to start, we’ve got you covered. From the action-packed Transformers One and the thought-provoking The Wild Robot to the suspense-filled Teacup S1, there’s something for every…

In continuation of its 2025 Annual National Food Intervention Programme, the Aliko Dangote Foundation (ADF), has distributed 50,000 bags of rice to poor and vulnerable families in Kebbi and Gombe States. Flagging off the distribution of the intervention in Aliero Local Government Area of Kebbi State on Thursday(yesterday), the Kebbi State Commissioner for Special Duties, Alhaji Zayyanu Aliero, said the gesture was in line with the core values of the Foundation’s founder, Alhaji Aliko Dangote. “This is commendable gesture, especially as it will improve the living conditions of the poor and most vulnerable people in the state. “The distribution is…