CBN BARS O’PAY, MONIEPOINT , KUDA, OTHERS

The Central Bank of Nigeria has barred some microfinance banks, including Moniepoint, Opay and Kuda, from opening new accounts and accepting new customers.  The ban is over allegations that they were being used to funnel cryptocurrency and manipulate the naira’s value. Sources asserted that the CBN deemed the new-account-ban necessary to curb money-laundering activities which…

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SENATE MAY PARDON NINGI, ADARAMODU

The Senate is currently weighing options on whether to recall Senator Abdul Ningi from suspension at Tuesday plenary or allow him to serve out the punishment. The Senate in March suspended Senator Ningi for claiming during a BBC Hausa Service interview that the National Assembly passed two 2024 budgets. He also alleged that the 2024…

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MY ENCOUNTER WITH OBASANJO, EEDRIS

Nigerian veteran musician, Eedris Abdulkareem, has shared details about his encounter with former Nigerian President Olusegun Obasanjo following the release of his song “Jaga-Jaga,” where he criticized the government. Abdulkareem revealed in a video posted on The Honest Bunch Podcast’s official Instagram page, during an interview with Nedu, that Obasanjo referred to him as a…

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NFF STILL OWES ME, CHUKWU

A former Super Eagles captain, Christian Chukwu, has revealed that the Nigeria Football Federation still owes him salary from his time as the country’s male senior national team head coach. Chukwu led the team to a bronze medal at the 2004 Africa Cup of Nations in Tunisia. He was however relieved of the job in…

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